(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)
Showing technical analysis as on 2024-03-12 View latest technical analysis
10 day averaged volume of Essar Ship is 107849
| Date | Daily Closing Price | Open | High | Low | Volume |
| 12 Tue Mar 2024 | 22.61 | 23.33 | 23.64 | 22.61 | 0.37 times |
| 11 Mon Mar 2024 | 23.79 | 24.45 | 25.06 | 22.84 | 0.77 times |
| 07 Thu Mar 2024 | 23.87 | 24.45 | 24.52 | 22.94 | 2.566 times |
| 06 Wed Mar 2024 | 23.36 | 23.94 | 23.94 | 23.36 | 1.689 times |
| 05 Tue Mar 2024 | 24.58 | 25.69 | 26.60 | 24.58 | 0.79 times |
| 04 Mon Mar 2024 | 25.87 | 27.60 | 28.48 | 25.78 | 1.519 times |
| 02 Sat Mar 2024 | 27.13 | 27.00 | 27.61 | 26.60 | 0.175 times |
| 01 Fri Mar 2024 | 26.30 | 27.00 | 27.25 | 26.20 | 0.452 times |
| 29 Thu Feb 2024 | 26.81 | 27.50 | 27.50 | 26.14 | 1.04 times |
| 28 Wed Feb 2024 | 27.51 | 29.00 | 29.28 | 27.51 | 0.651 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 22.2, for a target of 24.7 or 26.72
Share price targets for Essar Ship (EssarShip)
| Target Type | Value |
| Downside Target | 14.26 |
| Downside Target | 16.60 |
| Downside Target | 18.53 |
| Downside Target | 22.61 |
| Upside Target | 25.06 |
| Upside Target | 26.14 |
| Upside Target | 26.91 |
| Upside Target | 28.48 |
| Upside Target | 29.45 |
| Upside Target | 30.41 |
| Upside Target | 30.47 |
| 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 | 21.79 |
| Downside Intraday Target | 20.98 |
| Upside Intraday Target | 24.24 |
| Upside Intraday Target | 25.88 |
| Upside Intraday Target | 23.43 |
Weekly technical analysis of Essar Ship (EssarShip)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 12 Tue Mar 2024 | 22.61 | 24.45 | 25.06 | 22.61 | 0.174 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 |
| 23 Fri Feb 2024 | 29.69 | 26.91 | 30.47 | 26.91 | 0.811 times |
| 16 Fri Feb 2024 | 26.33 | 28.51 | 29.45 | 25.50 | 2.472 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 Essar Ship (EssarShip)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 12 Tue Mar 2024 | 22.61 | 27.00 | 28.48 | 22.61 | 0.464 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 gaining momentum.
MACD generated a SELL signal for Essar Ship in short term and the sell signal is strong.
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 coming down
CCI has generated a SELL signal for Essar Ship 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 Essar Ship is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 24.8 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 gaining momentum.
MACD generated a SELL signal for Essar Ship in short term and the sell signal is strong.
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 coming down
CCI has generated a SELL signal for Essar Ship 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 Essar Ship is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 24.8 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.
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