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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 2022-08-10 View latest technical analysis

10 day averaged volume of Eland is 16355

Date Daily Closing Price Open High Low Volume
10 Wed Aug 2022 6.43 6.01 6.43 6.01 2.246 times
08 Mon Aug 2022 5.85 5.32 5.85 5.03 2.968 times
05 Fri Aug 2022 5.32 4.95 5.73 4.95 1.06 times
04 Thu Aug 2022 5.40 5.75 5.75 5.23 1.366 times
03 Wed Aug 2022 5.50 5.87 5.87 5.44 0.129 times
02 Tue Aug 2022 5.60 5.66 5.67 5.22 0.589 times
01 Mon Aug 2022 5.40 5.15 5.49 4.99 0.842 times
29 Fri Jul 2022 5.24 5.43 5.52 5.16 1.009 times
28 Thu Jul 2022 5.26 5.53 5.75 5.24 0.496 times
27 Wed Jul 2022 5.51 5.10 5.52 5.08 0.866 times

Stock of Eland (Eland) has showed a significant upmove. This could be a good time to enter in this stock!

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 6.1, for a target of 5.7 or 5.42

Share price targets for Eland (Eland)

Target Type Value
Downside Target 4.11
Downside Target 4.21
Downside Target 4.88
Downside Target 5.62
Downside Target 5.75
Downside Target 5.87
Downside Target 6.43
Upside Target 6.53
Upside Target 7.07
Upside Target 7.95
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 4.56
Upside Intraday Target 6.9
Upside Intraday Target 7.36
Downside Intraday Target 5.96

Weekly technical analysis of Eland (Eland)

Date Weekly Closing Price Open High Low Volume
10 Wed Aug 2022 6.43 5.32 6.43 5.03 1.308 times
05 Fri Aug 2022 5.32 5.15 5.87 4.95 1.034 times
29 Fri Jul 2022 5.24 5.06 5.75 4.88 2.178 times
22 Fri Jul 2022 5.11 5.40 5.75 4.88 0.833 times
14 Thu Jul 2022 5.17 5.37 5.62 4.95 0.531 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
10 Wed Aug 2022 6.43 5.15 6.43 4.95 0.759 times
29 Fri Jul 2022 5.24 4.11 5.75 4.11 0.472 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

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 25, 19, 13 Buy
MACD -0, -0Buy
Stochastics 81Buy
CCI 279Buy
RSI 65Buy
OBV 64075Sell
VWAP 6Buy
ADL 0Sell
ROC 22Buy
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 BUY. 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 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 5.71 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 positive

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

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Daily charts

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