(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 2024-10-11 View latest technical analysis
10 day averaged volume of Essar Ship is 27986
| Date | Daily Closing Price | Open | High | Low | Volume |
| 11 Fri Oct 2024 | 40.50 | 40.03 | 40.50 | 40.03 | 0.402 times |
| 10 Thu Oct 2024 | 40.03 | 39.25 | 40.03 | 39.25 | 1.846 times |
| 09 Wed Oct 2024 | 39.25 | 39.00 | 39.25 | 39.00 | 1.552 times |
| 08 Tue Oct 2024 | 39.30 | 39.22 | 39.30 | 39.22 | 0.429 times |
| 07 Mon Oct 2024 | 40.02 | 40.02 | 40.02 | 40.02 | 0.332 times |
| 03 Thu Oct 2024 | 41.66 | 41.66 | 41.66 | 41.66 | 0.199 times |
| 01 Tue Oct 2024 | 42.51 | 42.51 | 42.51 | 42.51 | 0.126 times |
| 30 Mon Sep 2024 | 43.37 | 43.37 | 43.37 | 43.37 | 0.104 times |
| 27 Fri Sep 2024 | 44.25 | 44.25 | 44.25 | 44.25 | 0.232 times |
| 26 Thu Sep 2024 | 45.15 | 48.50 | 49.65 | 44.93 | 1.626 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 39.7 as stoploss in an intra day buy trade for a target of 41.93. However, stock will show a bearish move below 39.7.
Share price targets for Essar Ship (EssarShip)
| Target Type | Value |
| Downside Target | 25.89 |
| Downside Target | 38.35 |
| Downside Target | 40.50 |
| 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 | 39.5 |
| Downside Intraday Target | 38.5 |
| Upside Intraday Target | 41 |
| Upside Intraday Target | 41.5 |
| Downside Intraday Target | 40 |
Weekly technical analysis of Essar Ship (EssarShip)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 11 Fri Oct 2024 | 40.50 | 40.02 | 40.50 | 39.00 | 10.625 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 |
| 11 Fri Oct 2024 | 40.50 | 42.51 | 42.51 | 39.00 | 0.185 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 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 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 Weak and stock is losing momentum.
MACD generated a SELL signal for Essar Ship in short term and the sell 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 LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a buy signal for Essar Ship in short term but BUY signal is weak.
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in positive zone. This is a BUY 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 41.34 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 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 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 Weak and stock is losing momentum.
MACD generated a SELL signal for Essar Ship in short term and the sell 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 LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a buy signal for Essar Ship in short term but BUY signal is weak.
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in positive zone. This is a BUY 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 41.34 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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