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(Eland) Eland complete technical analysis [charts+indicators] | Buy/Sell Eland | (Eland) share price targets

Complete technical analysis of Eland (Eland) by charts plus indicators, forecast predictions and share price targets for Eland (Eland)

10 day averaged volume of Eland is 13918

Date Daily Closing Price Open High Low Volume
30 Mon Jan 2023 6.66 6.99 6.99 6.58 0.237 times
27 Fri Jan 2023 6.85 7.20 7.34 6.65 1.373 times
25 Wed Jan 2023 7.00 7.20 7.20 6.79 0.501 times
24 Tue Jan 2023 7.00 6.94 7.00 6.88 1.536 times
23 Mon Jan 2023 6.67 6.80 7.13 6.66 0.671 times
20 Fri Jan 2023 7.01 7.24 7.24 6.84 1.182 times
19 Thu Jan 2023 6.98 7.03 7.03 6.43 0.637 times
18 Wed Jan 2023 6.70 6.61 7.08 6.61 0.47 times
17 Tue Jan 2023 6.91 7.00 7.36 6.79 1.085 times
16 Mon Jan 2023 7.12 7.29 7.29 6.90 0.209 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 6.8, but if it comes above 6.8, then a intra day buy could be more profitable.
If you take a sell trade below 6.8, then use 6.8 as stoploss and 6.5 as target. However if you take a buy trade in stock , then use 6.8 as stoploss and 7 as target.

Share price targets for Eland (Eland)

Target Type Value
Downside Target 5.81
Downside Target 6.29
Downside Target 6.58
Upside Target 6.81
Upside Target 6.97
Upside Target 7.34
Upside Target 7.36
Upside Target 7.40
Upside Target 7.50
Upside Target 7.60
Upside Target 7.68
Upside Target 8.19

Intraday share price targets for Eland (Eland)

Target Type Value
Downside Intraday Target 6.5
Downside Intraday Target 6.33
Upside Intraday Target 6.91
Upside Intraday Target 7.15
Upside Intraday Target 6.74

Weekly technical analysis of Eland (Eland)

Date Weekly Closing Price Open High Low Volume
30 Mon Jan 2023 6.66 6.99 6.99 6.58 0.058 times
27 Fri Jan 2023 6.85 6.80 7.34 6.65 1.139 times
20 Fri Jan 2023 7.01 7.29 7.36 6.43 0.528 times
13 Fri Jan 2023 7.03 7.64 7.68 6.81 0.539 times
06 Fri Jan 2023 7.48 6.47 7.50 6.41 7.612 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 Eland (Eland)

Date Monthly Closing Price Open High Low Volume
30 Mon Jan 2023 6.66 6.47 7.68 6.41 2.027 times
30 Fri Dec 2022 6.42 6.61 6.97 5.93 1.367 times
30 Wed Nov 2022 6.33 7.22 7.40 5.81 0.808 times
31 Mon Oct 2022 7.24 7.14 7.60 6.29 0.33 times

Scroll below to view daily charts

Price has moved up this month, and volume has increased substantially. This means that the move can continue in coming months.

Indicators analysis of Eland (Eland)

Indicator Name Indicator Value Indicator Signal
ADX 11, 13, 9 Sell
MACD 0, 0Sell
Stochastics 39None
CCI -115Sell
RSI 51Buy
OBV 98898Sell
VWAP 7Sell
ADL 0Sell
ROC -5Sell
Force Index 0Sell

Price action analysis of Eland ( (Eland) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Eland ( (Eland) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Eland ( (Eland) ) 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 Eland ( (Eland) ) based on a mid to longer term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

ADX buy sell signal for Eland stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.

MACD generated a SELL signal for Eland in short term but the sell signal is initial and weak.

Eland 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. Bears are getting stronger in this stock.

Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Eland in short term and SELL signal is strong!

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in negative zone. This is the SELL zone

Stock of Eland is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 6.91 and Eland (Eland) 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 Eland (Eland) stock. Volume based technical analysis of Eland (Eland) stock is negative.

Eland 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.

Click here for Eland charts

Click here for further forecast and predictions for tomorrow

Daily charts

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Daily chart

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