(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 2024-03-21 View latest technical analysis
10 day averaged volume of Essar Ship is 108731
| Date | Daily Closing Price | Open | High | Low | Volume |
| 21 Thu Mar 2024 | 21.53 | 23.00 | 23.00 | 21.25 | 2.441 times |
| 20 Wed Mar 2024 | 21.91 | 21.42 | 21.91 | 21.42 | 0.799 times |
| 19 Tue Mar 2024 | 20.87 | 20.70 | 21.93 | 20.60 | 1.665 times |
| 18 Mon Mar 2024 | 20.89 | 21.82 | 22.24 | 20.60 | 0.499 times |
| 15 Fri Mar 2024 | 21.67 | 22.61 | 23.45 | 21.36 | 0.382 times |
| 14 Thu Mar 2024 | 22.48 | 20.41 | 22.55 | 20.41 | 0.846 times |
| 13 Wed Mar 2024 | 21.48 | 21.63 | 22.16 | 21.48 | 0.457 times |
| 12 Tue Mar 2024 | 22.61 | 23.33 | 23.64 | 22.61 | 0.367 times |
| 11 Mon Mar 2024 | 23.79 | 24.45 | 25.06 | 22.84 | 0.764 times |
| 07 Thu Mar 2024 | 23.87 | 24.45 | 24.52 | 22.94 | 2.545 times |
Stock of Essar Ship (EssarShip) 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 21.7, but if it comes above 21.7, then a intra day buy could be more profitable.
If you take a sell trade below 21.7, then use 21.7 as stoploss and 18.2 as target. However if you take a buy trade in stock , then use 21.7 as stoploss and 24.52 as target.
Share price targets for Essar Ship (EssarShip)
| Target Type | Value |
| Downside Target | 14.26 |
| Downside Target | 16.60 |
| Downside Target | 18.53 |
| Downside Target | 20.41 |
| Upside Target | 22.94 |
| Upside Target | 25.06 |
| Upside Target | 26.14 |
| Upside Target | 26.91 |
| Upside Target | 28.48 |
| 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 | 20.42 |
| Downside Intraday Target | 19.31 |
| Upside Intraday Target | 22.82 |
| Upside Intraday Target | 24.11 |
| Upside Intraday Target | 21.71 |
Weekly technical analysis of Essar Ship (EssarShip)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 21 Thu Mar 2024 | 21.53 | 21.82 | 23.00 | 20.60 | 1.919 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 |
| 23 Fri Feb 2024 | 29.69 | 26.91 | 30.47 | 26.91 | 0.811 times |
Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Essar Ship (EssarShip)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 21 Thu Mar 2024 | 21.53 | 27.00 | 28.48 | 20.41 | 0.861 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Essar Ship ( (EssarShip) ) 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 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 coming down
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 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 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 22.25 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Essar Ship ( (EssarShip) ) 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 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 coming down
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 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 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 22.25 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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