(ElegantMarb) Elegant Marb complete technical analysis [charts+indicators] | Buy/Sell Elegant Marb | (ElegantMarb) share price targets
Complete technical analysis of Elegant Marb (ElegantMarb) by charts plus indicators, forecast predictions and share price targets for Elegant Marb (ElegantMarb)
Showing technical analysis as on 2022-12-06 View latest technical analysis
10 day averaged volume of Elegant Marb is 163
|Date||Daily Closing Price||Open||High||Low||Volume|
|06 Tue Dec 2022||121.00||121.50||123.00||115.00||2.202 times|
|05 Mon Dec 2022||121.50||125.40||125.40||113.30||2.215 times|
|02 Fri Dec 2022||123.40||116.00||126.90||115.70||0.233 times|
|01 Thu Dec 2022||124.65||124.80||127.00||108.30||4.552 times|
|30 Wed Nov 2022||120.05||117.15||121.80||117.15||1.086 times|
|29 Tue Nov 2022||118.00||118.00||122.00||118.00||0.816 times|
|28 Mon Nov 2022||118.05||117.15||122.90||117.15||0.196 times|
|25 Fri Nov 2022||123.90||123.90||123.90||123.90||0.006 times|
|24 Thu Nov 2022||123.70||118.20||123.70||117.20||0.202 times|
|23 Wed Nov 2022||118.20||124.55||124.55||118.20||0.307 times|
Stock of Elegant Marb (ElegantMarb) has showed a significant fall. This could be a good time to exit from this stock.
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 119.6 as stoploss in an intra day buy trade for a target of 122.51. However, stock will show a bearish move below 119.6.
Share price targets for Elegant Marb (ElegantMarb)
Intraday share price targets for Elegant Marb (ElegantMarb)
|Downside Intraday Target||114.4|
|Downside Intraday Target||107.8|
|Upside Intraday Target||126.5|
|Upside Intraday Target||132|
|Downside Intraday Target||119.9|
Weekly technical analysis of Elegant Marb (ElegantMarb)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|06 Tue Dec 2022||121.00||125.40||125.40||113.30||0.642 times|
|02 Fri Dec 2022||123.40||117.15||127.00||108.30||3.596 times|
|25 Fri Nov 2022||123.90||118.00||124.55||117.20||0.49 times|
|18 Fri Nov 2022||123.50||125.90||126.80||118.20||1.978 times|
|11 Fri Nov 2022||124.65||128.90||128.90||120.00||0.687 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 Elegant Marb (ElegantMarb)
|Date||Monthly Closing Price||Open||High||Low||Volume|
|06 Tue Dec 2022||121.00||124.80||127.00||108.30||0.864 times|
|30 Wed Nov 2022||120.05||127.40||128.90||115.65||0.377 times|
|31 Mon Oct 2022||127.60||124.80||129.40||116.00||0.654 times|
|30 Fri Sep 2022||123.00||120.00||129.30||106.20||2.251 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 Elegant Marb (ElegantMarb)
|Indicator Name||Indicator Value||Indicator Signal|
|ADX||3, 24, 80||Sell|
Price action analysis of Elegant Marb ( (ElegantMarb) ) based on a short term time period is
Price action analysis of Elegant Marb ( (ElegantMarb) ) based on a short 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 Elegant Marb ( (ElegantMarb) ) 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 Elegant Marb ( (ElegantMarb) ) based on a mid to longer term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
ADX buy sell signal for Elegant Marb stock for short term is SELL. Signal strength is Strong and stock is losing momentum.
MACD generated a BUY signal for Elegant Marb in short term but the buy signal is initial and weak.
Elegant Marb Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! 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 SELL signal for Elegant Marb in short term and SELL signal is strong!
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
Stock of Elegant Marb is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 122.18 and Elegant Marb (ElegantMarb) 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 Elegant Marb (ElegantMarb) stock. Volume based technical analysis of Elegant Marb (ElegantMarb) stock is negative.
Elegant Marb 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.