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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 2022-07-20 View latest technical analysis

10 day averaged volume of Eland is 7632

Date Daily Closing Price Open High Low Volume
20 Wed Jul 2022 5.57 5.45 5.57 5.25 0.618 times
19 Tue Jul 2022 5.31 4.89 5.38 4.88 1.014 times
18 Mon Jul 2022 5.13 5.40 5.48 5.13 0.579 times
14 Thu Jul 2022 5.17 5.15 5.49 5.09 1.208 times
13 Wed Jul 2022 5.35 5.04 5.49 5.04 0.754 times
12 Tue Jul 2022 5.25 5.62 5.62 5.20 0.446 times
11 Mon Jul 2022 5.36 5.37 5.38 4.95 2.144 times
08 Fri Jul 2022 5.13 5.43 5.43 5.04 1.046 times
07 Thu Jul 2022 5.19 5.05 5.19 5.05 1.809 times
06 Wed Jul 2022 4.95 4.95 4.95 4.61 0.476 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 5.3, but if it comes below 5.3, then a intra day sell could be more profitable.
If you take a sell trade below 5.3, then use 5.3 as stoploss and 4.94 as target. However if you take a buy trade in stock , then use 5.3 as stoploss and 5.7 as target.

Share price targets for Eland (Eland)

Target Type Value
Downside Target 4.11
Downside Target 4.21
Downside Target 4.68
Downside Target 4.88
Downside Target 5.43
Downside Target 5.57
Upside Target 6.25
Upside Target 6.53
Upside Target 7.07
Upside Target 7.95
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 5.11
Downside Intraday Target 4.65
Upside Intraday Target 5.8
Upside Intraday Target 6.03
Downside Intraday Target 5.34

Weekly technical analysis of Eland (Eland)

Date Weekly Closing Price Open High Low Volume
20 Wed Jul 2022 5.57 5.40 5.57 4.88 0.486 times
14 Thu Jul 2022 5.17 5.37 5.62 4.95 0.531 times
08 Fri Jul 2022 5.13 4.66 5.43 4.22 0.35 times
01 Fri Jul 2022 4.44 4.69 5.02 4.11 1.731 times
24 Fri Jun 2022 4.79 6.25 6.25 4.68 1.693 times

Price has moved up 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 Wed Jul 2022 5.57 4.11 5.62 4.11 0.293 times
30 Thu Jun 2022 4.23 7.45 7.95 4.21 1.056 times
31 Tue May 2022 7.40 9.63 9.63 6.53 0.509 times
29 Fri Apr 2022 10.13 7.15 11.19 7.07 1.032 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 Eland (Eland)

Indicator Name Indicator Value Indicator Signal
ADX 21, 23, 5 Sell
MACD -1, -1Buy
Stochastics 78Buy
CCI 157Buy
RSI 54Buy
OBV -199958Sell
VWAP 5Buy
ADL 0Sell
ROC 18Buy
Force Index 0Sell

Price action analysis of Eland ( (Eland) ) 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 Eland ( (Eland) ) based on a short term time period is

Price action analysis of Eland ( (Eland) ) based on a short to mid 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 Eland ( (Eland) ) 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 Eland stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

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

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Eland Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up

CCI has generated a buy signal for Eland 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 positive zone. This is a BUY 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 5.25 and Eland (Eland) 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 Eland (Eland) stock. Volume based technical analysis of Eland (Eland) stock is negative.

Eland 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.

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Daily charts

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Daily chart

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