Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-08-05 View latest technical analysis

10 day averaged volume of Essar Ship is 133374

Date	Daily Closing Price	Open	High	Low	Volume
05 Mon Aug 2024	48.23	49.63	49.63	47.72	0.961 times
02 Fri Aug 2024	50.23	51.60	52.49	50.05	0.677 times
01 Thu Aug 2024	52.65	54.00	55.60	52.25	0.545 times
31 Wed Jul 2024	54.99	57.16	57.40	54.55	0.393 times
30 Tue Jul 2024	56.04	58.70	59.00	55.59	0.269 times
29 Mon Jul 2024	56.60	56.51	57.70	54.55	0.326 times
26 Fri Jul 2024	56.95	57.90	59.00	56.05	0.847 times
25 Thu Jul 2024	57.00	55.18	58.43	53.60	0.59 times
24 Wed Jul 2024	55.86	57.20	59.00	55.71	1.201 times
23 Tue Jul 2024	58.64	61.35	61.35	58.64	1.274 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 51.6, but if it comes above 51.6, then a intra day buy could be more profitable.
If you take a sell trade below 51.6, then use 51.6 as stoploss and 44.1 as target. However if you take a buy trade in stock , then use 51.6 as stoploss and 57.8 as target.

Share price targets for Essar Ship (EssarShip)

Target Type	Value
Downside Target	20.82
Downside Target	25.89
Downside Target	33.19
Downside Target	34.25
Downside Target	47.72
Upside Target	49.61
Upside Target	53.60
Upside Target	55.60
Upside Target	59.00
Upside Target	61.98
Upside Target	63.50
Upside Target	67.00
Upside Target	71.57

Intraday share price targets for Essar Ship (EssarShip)

Target Type	Value
Downside Intraday Target	47.42
Downside Intraday Target	46.62
Upside Intraday Target	49.33
Upside Intraday Target	50.44
Upside Intraday Target	48.53

Weekly technical analysis of Essar Ship (EssarShip)

Date	Weekly Closing Price	Open	High	Low	Volume
05 Mon Aug 2024	48.23	49.63	49.63	47.72	0.435 times
02 Fri Aug 2024	50.23	56.51	59.00	50.05	0.284 times
26 Fri Jul 2024	56.95	61.37	67.00	53.60	0.404 times
19 Fri Jul 2024	64.60	63.56	71.57	63.50	1.125 times
12 Fri Jul 2024	61.98	55.89	61.98	49.61	1.684 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
05 Mon Aug 2024	48.23	54.00	55.60	47.72	0.039 times
31 Wed Jul 2024	54.99	50.28	71.57	48.51	0.752 times
28 Fri Jun 2024	49.48	31.15	59.43	25.89	2.754 times
31 Fri May 2024	30.13	29.59	33.19	26.15	0.966 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 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 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 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 is trading near its recent LOWS in short term which reflects strong selling momentum. 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 BUY signal in short term but buying is losing 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 54.76 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.