(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)
10 day averaged volume of Elgi Equip is 70461
|Date||Daily Closing Price||Open||High||Low||Volume|
|27 Mon Sep 2021||207.05||206.40||211.00||206.25||0.259 times|
|24 Fri Sep 2021||205.30||214.35||218.15||198.40||0.836 times|
|23 Thu Sep 2021||214.00||211.20||219.95||210.00||0.762 times|
|22 Wed Sep 2021||207.95||205.00||211.75||204.75||0.161 times|
|21 Tue Sep 2021||203.50||199.20||208.90||199.20||0.247 times|
|20 Mon Sep 2021||202.50||206.90||210.60||201.10||0.324 times|
|17 Fri Sep 2021||212.20||211.45||214.50||202.65||0.392 times|
|16 Thu Sep 2021||212.15||215.00||217.55||208.30||0.985 times|
|15 Wed Sep 2021||214.50||198.25||216.00||198.25||5.988 times|
|14 Tue Sep 2021||198.30||199.10||201.95||197.90||0.141 times|
My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 209.2 as stoploss in an intra day sell trade for a target of 203.24. However, stock will show a bullish move above 209.2.
Share price targets for Elgi Equip (ElgiEquip)
Intraday share price targets for Elgi Equip (ElgiEquip)
|Downside Intraday Target||205.2|
|Downside Intraday Target||203.35|
|Upside Intraday Target||209.95|
|Upside Intraday Target||212.85|
|Upside Intraday Target||208.1|
Weekly technical analysis of Elgi Equip (ElgiEquip)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|27 Mon Sep 2021||207.05||206.40||211.00||206.25||0.111 times|
|24 Fri Sep 2021||205.30||206.90||219.95||198.40||0.304 times|
|17 Fri Sep 2021||212.20||196.45||217.55||196.45||1.814 times|
|09 Thu Sep 2021||201.20||198.50||209.90||196.40||2.707 times|
|03 Fri Sep 2021||199.60||196.00||202.60||192.10||1.317 times|
Price has moved up 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|
|27 Mon Sep 2021||207.05||200.20||219.95||195.20||0.885 times|
|31 Tue Aug 2021||197.65||223.00||228.35||191.60||1.773 times|
|30 Fri Jul 2021||219.10||209.00||228.20||203.00||0.357 times|
|30 Wed Jun 2021||207.35||210.00||221.15||202.00||4.772 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)
|Indicator Name||Indicator Value||Indicator Signal|
|ADX||21, 20, 2||Buy|
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 BUY. Signal strength is Weak and stock is gaining momentum.
MACD generated a BUY signal for Elgi Equip in short term and the buy signal is strong.
Elgi Equip Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up
CCI has generated a buy signal for Elgi Equip in short term and BUY signal is strong.
RSI is generating a SELL signal in short term and selling is picking up momentum.
MRSI is in positive zone. This is a BUY zone
Stock of Elgi Equip is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 212.21 and Elgi Equip (ElgiEquip) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.
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 is giving positive returns over a short term period. Returns for a longer term period have been negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.