(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 36991
|Date||Daily Closing Price||Open||High||Low||Volume|
|11 Fri Jun 2021||214.30||217.00||218.00||213.70||0.437 times|
|10 Thu Jun 2021||214.85||215.00||216.55||213.85||5.999 times|
|09 Wed Jun 2021||213.85||216.50||220.00||210.60||0.381 times|
|08 Tue Jun 2021||214.10||213.05||216.30||212.00||0.223 times|
|07 Mon Jun 2021||214.50||213.60||217.00||213.60||0.859 times|
|04 Fri Jun 2021||213.05||213.00||215.25||211.30||0.264 times|
|03 Thu Jun 2021||211.00||203.05||213.50||202.00||0.375 times|
|02 Wed Jun 2021||204.30||207.00||207.90||202.00||0.41 times|
|01 Tue Jun 2021||205.45||210.00||210.30||202.45||0.426 times|
|31 Mon May 2021||208.85||210.00||212.60||205.45||0.371 times|
My analysis of stock is bullish for shortterm, and stock might move up till 216.1 or till 220.2. Use a stoploss of 212.7 and if this stock hits its stoploss, then it can fall down till 209.28
Share price targets for Elgi Equip (ElgiEquip)
Intraday share price targets for Elgi Equip (ElgiEquip)
|Downside Intraday Target||209.93|
|Downside Intraday Target||205.57|
|Upside Intraday Target||219.33|
|Upside Intraday Target||224.37|
|Upside Intraday Target||214.97|
Weekly technical analysis of Elgi Equip (ElgiEquip)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|11 Fri Jun 2021||214.30||213.60||220.00||210.60||4.28 times|
|04 Fri Jun 2021||213.05||210.00||215.25||202.00||0.367 times|
|28 Fri May 2021||209.55||221.50||226.15||202.00||2.791 times|
|21 Fri May 2021||215.50||205.85||219.35||203.00||1.122 times|
|14 Fri May 2021||205.05||220.00||222.00||202.05||0.777 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|
|11 Fri Jun 2021||214.30||210.00||220.00||202.00||0.861 times|
|31 Mon May 2021||208.85||206.70||226.50||202.00||0.782 times|
|30 Fri Apr 2021||213.40||191.55||244.00||186.75||1.581 times|
|31 Wed Mar 2021||190.20||186.00||218.70||173.15||0.941 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||22, 15, 17||Buy|
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 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Elgi Equip ( (ElgiEquip) ) based on a mid to longer 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.
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.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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 coming down
CCI has generated a buy signal for Elgi Equip in short term and BUY signal is strong.
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in negative zone. This is the SELL 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 213.46 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.