(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 2024-05-24 View latest technical analysis
10 day averaged volume of Essar Ship is 113550
| Date | Daily Closing Price | Open | High | Low | Volume |
| 24 Fri May 2024 | 31.15 | 30.99 | 33.19 | 30.76 | 5.513 times |
| 23 Thu May 2024 | 30.59 | 28.50 | 30.59 | 28.10 | 2.499 times |
| 22 Wed May 2024 | 27.81 | 28.19 | 28.53 | 27.30 | 0.456 times |
| 21 Tue May 2024 | 28.19 | 28.99 | 29.10 | 27.65 | 0.996 times |
| 18 Sat May 2024 | 28.42 | 28.89 | 29.02 | 28.29 | 0.122 times |
| 17 Fri May 2024 | 28.32 | 28.50 | 29.50 | 28.00 | 1.363 times |
| 16 Thu May 2024 | 28.15 | 28.11 | 28.54 | 27.93 | 0.416 times |
| 15 Wed May 2024 | 28.11 | 28.00 | 28.70 | 27.70 | 0.708 times |
| 14 Tue May 2024 | 28.01 | 27.01 | 29.10 | 27.01 | 1.124 times |
| 13 Mon May 2024 | 26.98 | 27.17 | 28.18 | 26.15 | 1.477 times |
Stock of Essar Ship (EssarShip) has showed a significant upmove. This could be a good time to enter in this stock!
Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 31.2, for a target of 29.9 or 28.71
Share price targets for Essar Ship (EssarShip)
| Target Type | Value |
| Downside Target | 19.70 |
| Downside Target | 20.82 |
| Downside Target | 25.50 |
| Downside Target | 26.15 |
| Downside Target | 27.10 |
| Downside Target | 28.48 |
| Downside Target | 29.50 |
| Downside Target | 30.89 |
| Upside Target | 32.09 |
| Upside Target | 33.19 |
| Upside Target | 34.25 |
| Upside Target | 36.22 |
Intraday share price targets for Essar Ship (EssarShip)
| Target Type | Value |
| Downside Intraday Target | 27.9 |
| Downside Intraday Target | 24.66 |
| Upside Intraday Target | 33.79 |
| Upside Intraday Target | 36.44 |
| Downside Intraday Target | 30.55 |
Weekly technical analysis of Essar Ship (EssarShip)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 24 Fri May 2024 | 31.15 | 28.99 | 33.19 | 27.30 | 1.817 times |
| 18 Sat May 2024 | 28.42 | 27.17 | 29.50 | 26.15 | 0.648 times |
| 10 Fri May 2024 | 27.74 | 28.25 | 32.09 | 27.10 | 1.984 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 |
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 |
| 24 Fri May 2024 | 31.15 | 29.59 | 33.19 | 26.15 | 0.776 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 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 to mid 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 mid to longer term time period is neutral. A longer time frame might give a better analysis.
ADX buy sell signal for Essar Ship stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a BUY signal for Essar Ship in short term and the buy 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 HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up
CCI has generated a buy signal for Essar Ship in short term and BUY 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 29.57 and Essar Ship (EssarShip) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
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 is giving positive 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 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 to mid 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 mid to longer term time period is neutral. A longer time frame might give a better analysis.
ADX buy sell signal for Essar Ship stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a BUY signal for Essar Ship in short term and the buy 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 HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up
CCI has generated a buy signal for Essar Ship in short term and BUY 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 29.57 and Essar Ship (EssarShip) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
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 is giving positive 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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