(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 2024-06-04 View latest technical analysis
10 day averaged volume of Essar Ship is 185995
| Date | Daily Closing Price | Open | High | Low | Volume |
| 04 Tue Jun 2024 | 27.01 | 29.03 | 29.99 | 26.46 | 1.145 times |
| 03 Mon Jun 2024 | 29.40 | 31.15 | 32.16 | 28.36 | 0.458 times |
| 31 Fri May 2024 | 30.13 | 31.69 | 31.69 | 29.31 | 0.494 times |
| 30 Thu May 2024 | 29.99 | 31.50 | 31.56 | 29.75 | 0.39 times |
| 29 Wed May 2024 | 30.88 | 27.60 | 32.39 | 27.60 | 1.66 times |
| 28 Tue May 2024 | 29.45 | 30.74 | 31.34 | 29.06 | 0.271 times |
| 27 Mon May 2024 | 30.59 | 32.30 | 32.60 | 30.30 | 0.949 times |
| 24 Fri May 2024 | 31.15 | 30.99 | 33.19 | 30.76 | 3.366 times |
| 23 Thu May 2024 | 30.59 | 28.50 | 30.59 | 28.10 | 1.526 times |
| 22 Wed May 2024 | 27.81 | 28.19 | 28.53 | 27.30 | 0.278 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 27.6, but if it comes above 27.6, then a intra day buy could be more profitable.
If you take a sell trade below 27.6, then use 27.6 as stoploss and 26.1 as target. However if you take a buy trade in stock , then use 27.6 as stoploss and 28.87 as target.
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 |
| Upside Target | 27.10 |
| Upside Target | 28.48 |
| Upside Target | 29.50 |
| Upside Target | 32.09 |
| Upside Target | 32.16 |
| Upside Target | 32.60 |
| Upside Target | 32.64 |
| Upside Target | 33.19 |
| Upside Target | 34.25 |
Intraday share price targets for Essar Ship (EssarShip)
| Target Type | Value |
| Downside Intraday Target | 24.93 |
| Downside Intraday Target | 22.84 |
| Upside Intraday Target | 30.63 |
| Upside Intraday Target | 34.24 |
| Upside Intraday Target | 28.54 |
Weekly technical analysis of Essar Ship (EssarShip)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 04 Tue Jun 2024 | 27.01 | 31.15 | 32.16 | 26.46 | 0.426 times |
| 31 Fri May 2024 | 30.13 | 32.30 | 32.60 | 27.60 | 0.651 times |
| 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 |
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 |
| 04 Tue Jun 2024 | 27.01 | 31.15 | 32.16 | 26.46 | 0.084 times |
| 31 Fri May 2024 | 30.13 | 29.59 | 33.19 | 26.15 | 0.966 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 |
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 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 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 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.
ADX buy sell signal for Essar Ship stock for short term is SELL. Signal strength is Strong 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 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 getting stronger in this stock.
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 SELL signal for Essar Ship in short term and SELL signal is strong!
RSI is generating a SELL signal in short term and selling is picking up 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 30.23 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 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 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 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.
ADX buy sell signal for Essar Ship stock for short term is SELL. Signal strength is Strong 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 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 getting stronger in this stock.
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 SELL signal for Essar Ship in short term and SELL signal is strong!
RSI is generating a SELL signal in short term and selling is picking up 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 30.23 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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