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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)

Showing technical analysis as on 2022-06-20 View latest technical analysis

10 day averaged volume of Eland is 11054

Date Daily Closing Price Open High Low Volume
20 Mon Jun 2022 5.69 6.25 6.25 5.68 1.396 times
17 Fri Jun 2022 5.97 5.92 6.50 5.92 1.295 times
16 Thu Jun 2022 6.23 6.54 6.86 6.22 2.026 times
15 Wed Jun 2022 6.54 6.23 6.54 5.92 0.579 times
14 Tue Jun 2022 6.23 6.87 6.87 6.23 0.963 times
13 Mon Jun 2022 6.55 6.60 6.70 6.55 0.903 times
10 Fri Jun 2022 6.89 7.59 7.59 6.89 1.211 times
09 Thu Jun 2022 7.25 7.15 7.49 7.15 0.271 times
08 Wed Jun 2022 7.18 7.50 7.68 7.03 0.409 times
07 Tue Jun 2022 7.38 7.22 7.58 6.86 1.141 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 5.7, for a target of 6.4 or 6.97

Share price targets for Eland (Eland)

Target Type Value
Downside Target 5.45
Downside Target 5.68
Upside Target 5.92
Upside Target 6.25
Upside Target 6.53
Upside Target 6.86
Upside Target 7.06
Upside Target 7.50
Upside Target 7.68
Upside Target 7.95
Upside Target 8.05
Upside Target 8.50
Upside Target 9.63
Upside Target 11.19

Intraday share price targets for Eland (Eland)

Target Type Value
Downside Intraday Target 5.5
Downside Intraday Target 5.3
Upside Intraday Target 6.07
Upside Intraday Target 6.44
Upside Intraday Target 5.87

Weekly technical analysis of Eland (Eland)

Date Weekly Closing Price Open High Low Volume
20 Mon Jun 2022 5.69 6.25 6.25 5.68 0.242 times
17 Fri Jun 2022 5.97 6.60 6.87 5.92 1.362 times
10 Fri Jun 2022 6.89 7.60 7.68 6.86 0.61 times
03 Fri Jun 2022 7.60 7.48 8.05 7.06 1.27 times
27 Fri May 2022 7.48 7.44 7.58 6.53 0.708 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
20 Mon Jun 2022 5.69 7.45 7.95 5.68 0.361 times
31 Tue May 2022 7.40 9.63 9.63 6.53 0.52 times
29 Fri Apr 2022 10.13 7.15 11.19 7.07 1.032 times
31 Thu Mar 2022 7.26 6.06 8.50 5.45 1.361 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 Eland (Eland)

Indicator Name Indicator Value Indicator Signal
ADX 14, 32, 41 Sell
MACD -1, -1Sell
Stochastics 7Sell
CCI -119Sell
RSI 44Sell
OBV -69164Sell
VWAP 6Sell
ADL 0Sell
ROC -21Sell
Force Index 0Sell

Price action analysis of Eland ( (Eland) ) 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 Eland ( (Eland) ) 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 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

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

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

Eland 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 Eland 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 Eland is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 6.44 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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