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(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 2024-11-26 View latest technical analysis

10 day averaged volume of Essar Ship is 24930

Date	Daily Closing Price	Open	High	Low	Volume
26 Tue Nov 2024	40.22	40.22	40.22	40.22	0.156 times
25 Mon Nov 2024	41.04	41.04	41.04	41.04	0.887 times
22 Fri Nov 2024	41.87	41.87	41.87	41.00	0.451 times
21 Thu Nov 2024	39.88	39.87	39.88	39.70	5.37 times
19 Tue Nov 2024	37.99	37.99	37.99	37.99	0.161 times
18 Mon Nov 2024	36.19	36.19	36.19	36.19	0.242 times
14 Thu Nov 2024	34.47	34.25	34.47	34.25	0.497 times
13 Wed Nov 2024	32.83	34.40	34.40	32.83	0.611 times
12 Tue Nov 2024	34.55	36.90	36.90	34.50	0.737 times
11 Mon Nov 2024	36.31	37.05	37.80	36.12	0.315 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 39.7, but if it comes below 39.7, then a intra day sell could be more profitable.
If you take a sell trade below 39.7, then use 39.7 as stoploss and 37.12 as target. However if you take a buy trade in stock , then use 39.7 as stoploss and 42.8 as target.

Share price targets for Essar Ship (EssarShip)

Target Type	Value
Downside Target	32.83
Downside Target	36.19
Downside Target	37.80
Downside Target	40.22
Upside Target	41.87
Upside Target	42.51
Upside Target	44.00
Upside Target	48.51
Upside Target	49.65
Upside Target	55.60
Upside Target	71.57

Intraday share price targets for Essar Ship (EssarShip)

Target Type	Value
Downside Intraday Target	39.95
Downside Intraday Target	39.67
Upside Intraday Target	40.77
Upside Intraday Target	41.31
Upside Intraday Target	40.49

Weekly technical analysis of Essar Ship (EssarShip)

Date	Weekly Closing Price	Open	High	Low	Volume
26 Tue Nov 2024	40.22	41.04	41.04	40.22	0.168 times
22 Fri Nov 2024	41.87	36.19	41.87	36.19	2.881 times
14 Thu Nov 2024	34.47	37.05	37.80	32.83	0.385 times
08 Fri Nov 2024	37.81	38.59	40.99	36.50	2.802 times
01 Fri Nov 2024	36.78	34.80	36.78	33.42	0.438 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
26 Tue Nov 2024	40.22	36.78	41.87	32.83	0.968 times
31 Thu Oct 2024	35.03	42.51	42.51	33.42	0.525 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

Scroll below to view daily charts

Price has moved up 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 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 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 BUY. Signal strength is Strong 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 tired and bears are picking up momentum.

Ichimoku cloud is of red color and prices are in or above 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 and the buying is gaining 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 38.68 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.