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 2024-10-09 View latest technical analysis

10 day averaged volume of Essar Ship is 23674

Date	Daily Closing Price	Open	High	Low	Volume
09 Wed Oct 2024	39.25	39.00	39.25	39.00	1.835 times
08 Tue Oct 2024	39.30	39.22	39.30	39.22	0.507 times
07 Mon Oct 2024	40.02	40.02	40.02	40.02	0.393 times
03 Thu Oct 2024	41.66	41.66	41.66	41.66	0.235 times
01 Tue Oct 2024	42.51	42.51	42.51	42.51	0.149 times
30 Mon Sep 2024	43.37	43.37	43.37	43.37	0.123 times
27 Fri Sep 2024	44.25	44.25	44.25	44.25	0.275 times
26 Thu Sep 2024	45.15	48.50	49.65	44.93	1.922 times
25 Wed Sep 2024	47.29	46.40	47.29	45.05	4.2 times
24 Tue Sep 2024	45.04	44.50	45.04	44.00	1.888 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 40.1, but if it comes above 40.1, then a intra day buy could be more profitable.
If you take a sell trade below 40.1, then use 40.1 as stoploss and 37.5 as target. However if you take a buy trade in stock , then use 40.1 as stoploss and 42.27 as target.

Share price targets for Essar Ship (EssarShip)

Target Type	Value
Downside Target	25.89
Downside Target	38.35
Upside Target	40.02
Upside Target	41.50
Upside Target	42.51
Upside Target	43.37
Upside Target	45.50
Upside Target	48.51
Upside Target	49.65
Upside Target	55.60
Upside Target	59.43
Upside Target	71.57

Intraday share price targets for Essar Ship (EssarShip)

Target Type	Value
Downside Intraday Target	38.83
Downside Intraday Target	38.4
Upside Intraday Target	39.85
Upside Intraday Target	40.44
Upside Intraday Target	39.42

Weekly technical analysis of Essar Ship (EssarShip)

Date	Weekly Closing Price	Open	High	Low	Volume
09 Wed Oct 2024	39.25	40.02	40.02	39.00	5.388 times
03 Thu Oct 2024	41.66	43.37	43.37	41.66	0.059 times
27 Fri Sep 2024	44.25	42.30	49.65	41.50	0.959 times
20 Fri Sep 2024	40.86	43.49	43.49	38.35	1.113 times
13 Fri Sep 2024	42.64	43.51	45.50	40.50	1.467 times

Price has moved down 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
09 Wed Oct 2024	39.25	42.51	42.51	39.00	0.1 times
30 Mon Sep 2024	43.37	46.00	49.65	38.35	0.522 times
30 Fri Aug 2024	45.10	54.00	55.60	44.00	0.192 times
31 Wed Jul 2024	54.99	50.28	71.57	48.51	0.752 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 neutral. A longer time frame might give a better analysis.

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 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 mid to longer 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.

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 and the sell signal is strong.

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 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 and SELL signal is strong!

RSI is generating a BUY signal in short term and the buying is gaining 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 44.39 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.