(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 85248
| Date | Daily Closing Price | Open | High | Low | Volume |
| 17 Fri Sep 2021 | 212.20 | 211.45 | 214.50 | 202.65 | 0.324 times |
| 16 Thu Sep 2021 | 212.15 | 215.00 | 217.55 | 208.30 | 0.814 times |
| 15 Wed Sep 2021 | 214.50 | 198.25 | 216.00 | 198.25 | 4.95 times |
| 14 Tue Sep 2021 | 198.30 | 199.10 | 201.95 | 197.90 | 0.117 times |
| 13 Mon Sep 2021 | 199.05 | 196.45 | 202.25 | 196.45 | 0.135 times |
| 09 Thu Sep 2021 | 201.20 | 202.00 | 205.00 | 200.25 | 0.111 times |
| 08 Wed Sep 2021 | 202.55 | 198.05 | 209.90 | 196.40 | 0.611 times |
| 07 Tue Sep 2021 | 197.85 | 201.90 | 201.90 | 197.00 | 2.637 times |
| 06 Mon Sep 2021 | 198.00 | 198.50 | 200.95 | 197.25 | 0.137 times |
| 03 Fri Sep 2021 | 199.60 | 195.25 | 201.50 | 195.20 | 0.194 times |
Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 213, for a target of 206 or 200.12
Share price targets for Elgi Equip (ElgiEquip)
| Target Type | Value |
| Downside Target | 191.60 |
| Downside Target | 202.00 |
| Downside Target | 204.45 |
| Downside Target | 207.75 |
| Downside Target | 209.90 |
| Upside Target | 217.55 |
| Upside Target | 221.15 |
| Upside Target | 226.50 |
| Upside Target | 228.20 |
| Upside Target | 228.35 |
Intraday share price targets for Elgi Equip (ElgiEquip)
| Target Type | Value |
| Downside Intraday Target | 199.92 |
| Downside Intraday Target | 187.63 |
| Upside Intraday Target | 221.02 |
| Upside Intraday Target | 229.83 |
| Downside Intraday Target | 208.73 |
Weekly technical analysis of Elgi Equip (ElgiEquip)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 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 |
| 27 Fri Aug 2021 | 194.10 | 200.00 | 204.45 | 191.60 | 1.172 times |
| 20 Fri Aug 2021 | 201.70 | 204.20 | 207.75 | 194.40 | 0.338 times |
Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Elgi Equip (ElgiEquip)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 17 Fri Sep 2021 | 212.20 | 200.20 | 217.55 | 195.20 | 0.735 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 | 26, 16, 25 | Buy |
| MACD | 1, -2 | Buy |
| Stochastics | 82 | Buy |
| CCI | 98 | Sell |
| RSI | 61 | Buy |
| OBV | 167797 | Sell |
| VWAP | 208 | Buy |
| ADL | 0 | Sell |
| ROC | 8 | Buy |
| Force Index | 0 | Sell |
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 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 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
ADX buy sell signal for Elgi Equip stock for short term is BUY. Signal strength is Strong and stock is losing momentum.
MACD generated a BUY signal for Elgi Equip in short term and the buy signal is strong.
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 HIGHS, which reflects strong buying momentum in short term! Bulls 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 moving up
CCI has generated a SELL signal for Elgi Equip in short term but SELL signal is weak.
RSI is generating a BUY signal in short term but buying is losing 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 208.07 and Elgi Equip (ElgiEquip) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
Click here for Elgi Equip charts
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Daily charts
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