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(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 2024-08-26 View latest technical analysis

10 day averaged volume of Elegant Marb is 2337

Date	Daily Closing Price	Open	High	Low	Volume
26 Mon Aug 2024	256.45	263.80	263.80	251.65	1.49 times
23 Fri Aug 2024	258.85	259.80	264.90	256.00	1.001 times
22 Thu Aug 2024	260.05	264.80	264.80	251.45	1.008 times
21 Wed Aug 2024	260.75	259.80	263.85	258.20	0.847 times
20 Tue Aug 2024	257.35	261.00	263.95	257.00	0.897 times
19 Mon Aug 2024	264.00	265.80	267.00	258.75	0.291 times
16 Fri Aug 2024	262.40	262.80	266.55	255.20	0.357 times
14 Wed Aug 2024	259.85	259.15	262.95	256.00	0.28 times
13 Tue Aug 2024	259.15	264.80	267.70	258.10	1.618 times
12 Mon Aug 2024	260.85	275.50	275.50	258.05	2.392 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 259, but if it comes above 259, then a intra day buy could be more profitable.
If you take a sell trade below 259, then use 259 as stoploss and 252.7 as target. However if you take a buy trade in stock , then use 259 as stoploss and 264.28 as target.

Share price targets for Elegant Marb (ElegantMarb)

Target Type	Value
Downside Target	233.45
Downside Target	243.00
Downside Target	251.45
Upside Target	261.00
Upside Target	275.50
Upside Target	278.80
Upside Target	285.80
Upside Target	286.80
Upside Target	298.45
Upside Target	315.00
Upside Target	353.40

Intraday share price targets for Elegant Marb (ElegantMarb)

Target Type	Value
Downside Intraday Target	250.8
Downside Intraday Target	245.15
Upside Intraday Target	262.95
Upside Intraday Target	269.45
Upside Intraday Target	257.3

Weekly technical analysis of Elegant Marb (ElegantMarb)

Date	Weekly Closing Price	Open	High	Low	Volume
26 Mon Aug 2024	256.45	263.80	263.80	251.65	0.368 times
23 Fri Aug 2024	258.85	265.80	267.00	251.45	0.87 times
16 Fri Aug 2024	262.40	275.50	275.50	255.20	1.133 times
09 Fri Aug 2024	270.25	270.00	278.80	255.50	0.491 times
02 Fri Aug 2024	277.30	266.20	286.80	261.00	2.875 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
26 Mon Aug 2024	256.45	276.70	286.80	251.45	1.279 times
31 Wed Jul 2024	270.00	271.30	285.80	245.20	1.229 times
28 Fri Jun 2024	259.65	279.25	298.45	244.00	0.423 times
31 Fri May 2024	279.25	286.00	315.00	243.00	0.46 times

Scroll below to view daily charts

Price has moved down 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)

Price action analysis of Elegant Marb ( (ElegantMarb) ) based on a short term time period is neutral. A longer time frame might give a better analysis.

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 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 Elegant Marb stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Elegant Marb in short term and the sell signal is strong.

Elegant Marb 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 below 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 SELL signal in short term but selling is losing momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Elegant Marb is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 259.46 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 has given negative 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.