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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 2024-06-07 View latest technical analysis

10 day averaged volume of Eland is 16324

Date Daily Closing Price Open High Low Volume
07 Fri Jun 2024 7.73 8.20 8.20 7.70 2.162 times
06 Thu Jun 2024 7.92 7.91 8.20 7.80 0.753 times
05 Wed Jun 2024 7.81 8.19 8.19 7.41 0.531 times
04 Tue Jun 2024 7.80 8.20 8.59 7.80 1.081 times
03 Mon Jun 2024 8.21 8.25 8.40 8.00 0.836 times
31 Fri May 2024 8.22 8.19 8.22 7.47 3.669 times
30 Thu May 2024 7.83 7.77 7.91 7.75 0.167 times
29 Wed May 2024 7.79 7.86 7.99 7.66 1.136 times
28 Tue May 2024 8.00 8.07 8.10 7.65 0.996 times
27 Mon May 2024 8.05 8.07 8.07 7.60 0.443 times

Stock of Eland (Eland) has showed a significant fall. This could be a good time to exit from this stock.

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 7.8, but if it comes above 7.8, then a intra day buy could be more profitable.
If you take a sell trade below 7.8, then use 7.8 as stoploss and 7.6 as target. However if you take a buy trade in stock , then use 7.8 as stoploss and 7.94 as target.

Share price targets for Eland (Eland)

Target Type Value
Downside Target 6.54
Downside Target 7.36
Upside Target 7.76
Upside Target 8.15
Upside Target 8.29
Upside Target 8.50
Upside Target 8.59
Upside Target 8.93
Upside Target 9.10
Upside Target 13.35

Intraday share price targets for Eland (Eland)

Target Type Value
Downside Intraday Target 7.23
Downside Intraday Target 6.73
Upside Intraday Target 8.41
Upside Intraday Target 9.09
Upside Intraday Target 7.91

Weekly technical analysis of Eland (Eland)

Date Weekly Closing Price Open High Low Volume
07 Fri Jun 2024 7.73 8.25 8.59 7.41 0.837 times
31 Fri May 2024 8.22 8.07 8.22 7.47 2.476 times
24 Fri May 2024 7.83 7.94 8.50 7.76 1.973 times
18 Sat May 2024 8.10 7.88 8.29 7.36 1.259 times
10 Fri May 2024 7.90 8.05 8.15 7.49 0.37 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
07 Fri Jun 2024 7.73 8.25 8.59 7.41 0.412 times
31 Fri May 2024 8.22 7.68 8.50 7.36 0.842 times
30 Tue Apr 2024 7.97 7.08 8.93 6.54 0.639 times
28 Thu Mar 2024 6.79 8.28 9.10 6.57 0.649 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)

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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 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.

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 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 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 BUY signal in short term but buying is losing 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 7.98 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.

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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 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.

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 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 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 BUY signal in short term but buying is losing 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 7.98 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.

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Daily charts

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