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

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

10 day averaged volume of Essar Ship is 115323

Date Daily Closing Price Open High Low Volume
28 Thu Mar 2024 20.86 20.72 21.89 20.51 1.318 times
27 Wed Mar 2024 20.85 19.77 20.85 19.76 0.896 times
26 Tue Mar 2024 19.86 21.17 21.65 19.70 1.315 times
22 Fri Mar 2024 20.73 21.74 21.75 20.70 1.105 times
21 Thu Mar 2024 21.53 23.00 23.00 21.25 2.301 times
20 Wed Mar 2024 21.91 21.42 21.91 21.42 0.754 times
19 Tue Mar 2024 20.87 20.70 21.93 20.60 1.57 times
18 Mon Mar 2024 20.89 21.82 22.24 20.60 0.471 times
15 Fri Mar 2024 21.67 22.61 23.45 21.36 0.36 times
14 Thu Mar 2024 22.48 20.41 22.55 20.41 0.797 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 20.7 as stoploss in an intra day buy trade for a target of 22.87. However, stock will show a bearish move below 20.7.

Share price targets for Essar Ship (EssarShip)

Target Type Value
Downside Target 14.26
Downside Target 16.60
Downside Target 18.53
Downside Target 19.70
Downside Target 20.41
Upside Target 21.89
Upside Target 22.94
Upside Target 25.06
Upside Target 26.14
Upside Target 28.48
Upside Target 28.75
Upside Target 30.41
Upside Target 32.64
Upside Target 36.22
Upside Target 39.02

Intraday share price targets for Essar Ship (EssarShip)

Target Type Value
Downside Intraday Target 19.74
Downside Intraday Target 18.63
Upside Intraday Target 21.93
Upside Intraday Target 23.01
Downside Intraday Target 20.82

Weekly technical analysis of Essar Ship (EssarShip)

Date Weekly Closing Price Open High Low Volume
28 Thu Mar 2024 20.86 21.17 21.89 19.70 0.569 times
22 Fri Mar 2024 20.73 21.82 23.00 20.60 2.335 times
15 Fri Mar 2024 21.67 24.45 25.06 20.41 0.432 times
07 Thu Mar 2024 23.87 27.60 28.48 22.94 1.886 times
02 Sat Mar 2024 27.13 30.41 30.41 26.14 0.656 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 Essar Ship (EssarShip)

Date Monthly Closing Price Open High Low Volume
28 Thu Mar 2024 20.86 27.00 28.48 19.70 1.137 times
29 Thu Feb 2024 26.81 31.98 32.64 25.50 0.771 times
31 Wed Jan 2024 31.39 33.63 36.22 28.75 0.201 times
29 Fri Dec 2023 32.03 17.39 39.02 16.60 8.793 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 Essar Ship (EssarShip)

Price action analysis of Essar Ship ( (EssarShip) ) 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 Essar Ship ( (EssarShip) ) 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 Essar Ship ( (EssarShip) ) 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 Essar Ship ( (EssarShip) ) 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 Essar Ship stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

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

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

Essar Ship Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

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

CCI has generated a buy signal for Essar Ship in short term but BUY signal is weak.

RSI is generating a BUY signal in short term but buying 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 Essar Ship is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 21.09 and Essar Ship (EssarShip) 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 Essar Ship (EssarShip) stock. Volume based technical analysis of Essar Ship (EssarShip) stock is negative.

Essar Ship 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 Essar Ship ( (EssarShip) ) 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 Essar Ship ( (EssarShip) ) 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 Essar Ship ( (EssarShip) ) 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 Essar Ship ( (EssarShip) ) 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 Essar Ship stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

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

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

Essar Ship Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

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

CCI has generated a buy signal for Essar Ship in short term but BUY signal is weak.

RSI is generating a BUY signal in short term but buying 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 Essar Ship is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 21.09 and Essar Ship (EssarShip) 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 Essar Ship (EssarShip) stock. Volume based technical analysis of Essar Ship (EssarShip) stock is negative.

Essar Ship 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 Essar Ship charts

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Daily charts

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