(ElgiEquip) Elgi Equip complete technical analysis [charts+indicators] | Buy/Sell Elgi Equip | (ElgiEquip) share price targets
Complete technical analysis of Elgi Equip (ElgiEquip) by charts plus indicators, forecast predictions and share price targets for Elgi Equip (ElgiEquip)
Showing technical analysis as on 2025-05-08 View latest technical analysis
10 day averaged volume of Elgi Equip is 17434
| Date | Daily Closing Price | Open | High | Low | Volume |
| 08 Thu May 2025 | 449.40 | 464.25 | 464.25 | 447.40 | 0.675 times |
| 07 Wed May 2025 | 457.30 | 440.90 | 462.00 | 433.90 | 1.289 times |
| 06 Tue May 2025 | 440.90 | 466.95 | 466.95 | 439.30 | 0.518 times |
| 05 Mon May 2025 | 457.65 | 450.00 | 459.80 | 448.05 | 0.599 times |
| 02 Fri May 2025 | 450.00 | 440.60 | 452.70 | 440.60 | 1.11 times |
| 30 Wed Apr 2025 | 445.75 | 461.90 | 461.90 | 442.55 | 0.729 times |
| 29 Tue Apr 2025 | 461.90 | 463.70 | 467.55 | 459.00 | 0.676 times |
| 28 Mon Apr 2025 | 463.65 | 455.70 | 465.30 | 448.65 | 0.828 times |
| 25 Fri Apr 2025 | 453.10 | 477.85 | 477.85 | 446.95 | 0.823 times |
| 24 Thu Apr 2025 | 470.60 | 479.00 | 485.90 | 469.00 | 1.909 times |
My analysis of stock is bullish for shortterm, and stock might move up till 466.1 or till 487.5. Use a stoploss of 448.37 and if this stock hits its stoploss, then it can fall down till 430.59
Share price targets for Elgi Equip (ElgiEquip)
| Target Type | Value |
| Downside Target | 401.00 |
| Downside Target | 412.80 |
| Downside Target | 424.20 |
| Upside Target | 457.70 |
| Upside Target | 466.95 |
| Upside Target | 467.55 |
| Upside Target | 485.90 |
| Upside Target | 490.70 |
| Upside Target | 513.30 |
| Upside Target | 527.25 |
| Upside Target | 588.95 |
| Upside Target | 589.95 |
Intraday share price targets for Elgi Equip (ElgiEquip)
| Target Type | Value |
| Downside Intraday Target | 433.22 |
| Downside Intraday Target | 417.03 |
| Upside Intraday Target | 466.27 |
| Upside Intraday Target | 483.13 |
| Upside Intraday Target | 450.08 |
Weekly technical analysis of Elgi Equip (ElgiEquip)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 08 Thu May 2025 | 449.40 | 450.00 | 466.95 | 433.90 | 0.922 times |
| 02 Fri May 2025 | 450.00 | 455.70 | 467.55 | 440.60 | 0.435 times |
| 25 Fri Apr 2025 | 453.10 | 441.00 | 485.90 | 436.90 | 0.999 times |
| 17 Thu Apr 2025 | 440.25 | 428.95 | 457.70 | 424.20 | 1.532 times |
| 11 Fri Apr 2025 | 422.35 | 425.05 | 436.55 | 401.00 | 2.037 times |
Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.
Monthly technical analysis of Elgi Equip (ElgiEquip)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 08 Thu May 2025 | 449.40 | 440.60 | 466.95 | 433.90 | 0.167 times |
| 30 Wed Apr 2025 | 445.75 | 481.05 | 490.70 | 401.00 | 0.282 times |
| 28 Fri Mar 2025 | 482.90 | 420.05 | 527.25 | 412.80 | 5.826 times |
| 28 Fri Feb 2025 | 428.25 | 541.55 | 588.95 | 427.00 | 1.694 times |
Scroll below to view daily charts
Price has moved up this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.
Indicators analysis of Elgi Equip (ElgiEquip)
Price action analysis of Elgi Equip ( (ElgiEquip) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Elgi Equip ( (ElgiEquip) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Elgi Equip ( (ElgiEquip) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Elgi Equip ( (ElgiEquip) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for Elgi Equip stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a BUY signal for Elgi Equip in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Elgi Equip Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down
CCI has generated a buy signal for Elgi Equip in short term but BUY signal is weak.
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying might be slowing down
Stock of Elgi Equip is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 457.32 and Elgi Equip (ElgiEquip) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
People seem to be coming out and selling the Elgi Equip (ElgiEquip) stock. Volume based technical analysis of Elgi Equip (ElgiEquip) stock is negative.
Elgi Equip Stock has given negative returns over a short term period. Returns for a longer term period have been positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
Price action analysis of Elgi Equip ( (ElgiEquip) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Elgi Equip ( (ElgiEquip) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Elgi Equip ( (ElgiEquip) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Elgi Equip ( (ElgiEquip) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for Elgi Equip stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a BUY signal for Elgi Equip in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Elgi Equip Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down
CCI has generated a buy signal for Elgi Equip in short term but BUY signal is weak.
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying might be slowing down
Stock of Elgi Equip is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 457.32 and Elgi Equip (ElgiEquip) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
People seem to be coming out and selling the Elgi Equip (ElgiEquip) stock. Volume based technical analysis of Elgi Equip (ElgiEquip) stock is negative.
Elgi Equip Stock has given negative returns over a short term period. Returns for a longer term period have been positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
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