(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 2024-08-22 View latest technical analysis
10 day averaged volume of Essar Ship is 72271
| Date | Daily Closing Price | Open | High | Low | Volume |
| 22 Thu Aug 2024 | 49.60 | 51.00 | 51.00 | 48.75 | 0.63 times |
| 21 Wed Aug 2024 | 51.22 | 52.00 | 52.01 | 49.30 | 2.568 times |
| 20 Tue Aug 2024 | 49.54 | 48.55 | 49.54 | 48.55 | 0.935 times |
| 19 Mon Aug 2024 | 47.19 | 44.90 | 47.19 | 44.90 | 0.851 times |
| 16 Fri Aug 2024 | 44.95 | 45.25 | 46.60 | 44.10 | 0.689 times |
| 14 Wed Aug 2024 | 45.24 | 45.40 | 45.85 | 44.00 | 0.275 times |
| 13 Tue Aug 2024 | 44.82 | 46.52 | 47.45 | 44.50 | 1.117 times |
| 12 Mon Aug 2024 | 46.52 | 46.50 | 47.60 | 46.40 | 0.857 times |
| 09 Fri Aug 2024 | 47.71 | 46.20 | 49.00 | 45.89 | 1.471 times |
| 08 Thu Aug 2024 | 47.23 | 48.78 | 48.78 | 47.00 | 0.779 times |
My analysis of stock is bearish for shortterm, and stock might move down till 46.2 or till 41.3. Use a stoploss of 50.19 and if the stock hits stoploss, then it can shoot up till 54.23
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 | 44.00 |
| Downside Target | 44.90 |
| Downside Target | 45.89 |
| Downside Target | 47.60 |
| Upside Target | 50.05 |
| Upside Target | 52.01 |
| Upside Target | 53.60 |
| Upside Target | 55.60 |
| Upside Target | 59.00 |
| Upside Target | 59.43 |
| Upside Target | 67.00 |
| Upside Target | 71.57 |
Intraday share price targets for Essar Ship (EssarShip)
| Target Type | Value |
| Downside Intraday Target | 45.66 |
| Downside Intraday Target | 41.73 |
| Upside Intraday Target | 52.77 |
| Upside Intraday Target | 55.95 |
| Downside Intraday Target | 48.84 |
Weekly technical analysis of Essar Ship (EssarShip)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 22 Thu Aug 2024 | 49.60 | 44.90 | 52.01 | 44.90 | 1.697 times |
| 16 Fri Aug 2024 | 44.95 | 46.50 | 47.60 | 44.00 | 0.557 times |
| 09 Fri Aug 2024 | 47.71 | 49.63 | 50.64 | 45.89 | 1.292 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 |
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 |
| 22 Thu Aug 2024 | 49.60 | 54.00 | 55.60 | 44.00 | 0.151 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 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 short 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 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 BUY. Signal strength is Weak and stock is losing momentum.
MACD generated a BUY signal for Essar Ship in short term but the buy signal is initial and weak.
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 red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Essar Ship in short term but SELL signal is weak.
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 48.13 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 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 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 short 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 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 BUY. Signal strength is Weak and stock is losing momentum.
MACD generated a BUY signal for Essar Ship in short term but the buy signal is initial and weak.
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 red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Essar Ship in short term but SELL signal is weak.
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 48.13 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 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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