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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)

Showing technical analysis as on 2024-05-07 View latest technical analysis

10 day averaged volume of Essar Ship is 182747

Date Daily Closing Price Open High Low Volume
07 Tue May 2024 28.42 31.21 32.09 27.90 1.72 times
06 Mon May 2024 30.62 28.25 30.62 27.10 2.027 times
03 Fri May 2024 27.84 28.84 29.15 27.20 1.36 times
02 Thu May 2024 28.31 29.59 29.59 28.11 0.2 times
30 Tue Apr 2024 28.73 30.32 30.89 28.59 0.713 times
29 Mon Apr 2024 30.00 30.09 30.54 29.71 0.246 times
26 Fri Apr 2024 30.28 31.01 31.29 30.05 0.314 times
25 Thu Apr 2024 30.65 29.58 31.20 29.07 1.107 times
24 Wed Apr 2024 29.32 30.89 31.06 28.75 1.505 times
23 Tue Apr 2024 30.27 32.05 32.05 29.85 0.973 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 27.8 as stoploss in an intra day buy trade for a target of 29.14. However, stock will show a bearish move below 27.8.

Share price targets for Essar Ship (EssarShip)

Target Type Value
Downside Target 19.70
Downside Target 20.82
Downside Target 24.95
Downside Target 25.50
Downside Target 26.40
Downside Target 27.10
Upside Target 28.48
Upside Target 29.74
Upside Target 30.89
Upside Target 32.09
Upside Target 32.64
Upside Target 32.95
Upside Target 34.25
Upside Target 36.22

Intraday share price targets for Essar Ship (EssarShip)

Target Type Value
Downside Intraday Target 26.32
Downside Intraday Target 24.21
Upside Intraday Target 31.31
Upside Intraday Target 34.19
Upside Intraday Target 29.2

Weekly technical analysis of Essar Ship (EssarShip)

Date Weekly Closing Price Open High Low Volume
07 Tue May 2024 28.42 28.25 32.09 27.10 1.487 times
03 Fri May 2024 27.84 30.09 30.89 27.20 0.462 times
26 Fri Apr 2024 30.28 32.69 34.25 28.75 1.089 times
19 Fri Apr 2024 31.37 26.44 32.95 24.95 2.214 times
12 Fri Apr 2024 26.84 28.45 29.74 26.40 0.348 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
07 Tue May 2024 28.42 29.59 32.09 27.10 0.263 times
30 Tue Apr 2024 28.73 20.82 34.25 20.82 1.674 times
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

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 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 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 Essar Ship ( (EssarShip) ) based on a mid to longer 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.

ADX buy sell signal for Essar Ship stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.

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

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 green color and prices are in or below the green 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 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 29.45 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 positive

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 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 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 Essar Ship ( (EssarShip) ) based on a mid to longer 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.

ADX buy sell signal for Essar Ship stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.

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

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 green color and prices are in or below the green 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 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 29.45 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 positive

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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