(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 2024-05-08 View latest technical analysis
10 day averaged volume of Essar Ship is 185759
| Date | Daily Closing Price | Open | High | Low | Volume |
| 08 Wed May 2024 | 28.93 | 28.98 | 30.29 | 28.38 | 0.506 times |
| 07 Tue May 2024 | 28.42 | 31.21 | 32.09 | 27.90 | 1.692 times |
| 06 Mon May 2024 | 30.62 | 28.25 | 30.62 | 27.10 | 1.994 times |
| 03 Fri May 2024 | 27.84 | 28.84 | 29.15 | 27.20 | 1.338 times |
| 02 Thu May 2024 | 28.31 | 29.59 | 29.59 | 28.11 | 0.196 times |
| 30 Tue Apr 2024 | 28.73 | 30.32 | 30.89 | 28.59 | 0.702 times |
| 29 Mon Apr 2024 | 30.00 | 30.09 | 30.54 | 29.71 | 0.242 times |
| 26 Fri Apr 2024 | 30.28 | 31.01 | 31.29 | 30.05 | 0.309 times |
| 25 Thu Apr 2024 | 30.65 | 29.58 | 31.20 | 29.07 | 1.089 times |
| 24 Wed Apr 2024 | 29.32 | 30.89 | 31.06 | 28.75 | 1.481 times |
My analysis of stock is bearish for shortterm, and stock might move down till 27.8 or till 26.2. Use a stoploss of 29.19 and if the stock hits stoploss, then it can shoot up till 30.54
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 |
| Downside 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 | 26.66 |
| Downside Intraday Target | 24.38 |
| Upside Intraday Target | 31.65 |
| Upside Intraday Target | 34.36 |
| Upside Intraday Target | 29.37 |
Weekly technical analysis of Essar Ship (EssarShip)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 08 Wed May 2024 | 28.93 | 28.25 | 32.09 | 27.10 | 1.692 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, 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 |
| 08 Wed May 2024 | 28.93 | 29.59 | 32.09 | 27.10 | 0.288 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 up 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 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 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Essar Ship ( (EssarShip) ) based on a mid to longer term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
ADX buy sell signal for Essar Ship stock for short term is BUY. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Essar Ship in short term but the sell signal is initial and weak.
Essar Ship 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 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 moving up
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 negative zone. This is the SELL 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 29.34 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 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 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Essar Ship ( (EssarShip) ) based on a mid to longer term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
ADX buy sell signal for Essar Ship stock for short term is BUY. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Essar Ship in short term but the sell signal is initial and weak.
Essar Ship 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 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 moving up
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 negative zone. This is the SELL 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 29.34 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.
Click here for Essar Ship charts
Click here for further forecast and predictions for tomorrow