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 2024-12-12 View latest technical analysis

10 day averaged volume of Essar Ship is 15932

Date	Daily Closing Price	Open	High	Low	Volume
12 Thu Dec 2024	40.39	40.39	40.39	40.39	1.548 times
11 Wed Dec 2024	39.60	39.60	39.60	39.60	0.967 times
10 Tue Dec 2024	38.83	38.83	38.83	38.83	0.329 times
09 Mon Dec 2024	38.07	38.07	38.07	38.07	1.155 times
06 Fri Dec 2024	37.33	36.50	37.33	36.50	0.967 times
05 Thu Dec 2024	36.60	36.55	36.74	36.53	0.842 times
04 Wed Dec 2024	37.08	37.10	37.17	37.08	0.65 times
03 Tue Dec 2024	36.45	37.19	37.19	36.45	0.599 times
02 Mon Dec 2024	37.19	37.50	37.50	37.19	1.374 times
29 Fri Nov 2024	37.94	38.68	38.68	37.94	0.763 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 40.3, but if it comes below 40.3, then a intra day sell could be more profitable.
If you take a sell trade below 40.3, then use 40.3 as stoploss and 38.11 as target. However if you take a buy trade in stock , then use 40.3 as stoploss and 42.9 as target.

Share price targets for Essar Ship (EssarShip)

Target Type	Value
Downside Target	32.83
Downside Target	36.19
Downside Target	37.50
Downside Target	40.39
Upside Target	41.04
Upside Target	41.87
Upside Target	42.51
Upside Target	44.00
Upside Target	49.65
Upside Target	55.60

Intraday share price targets for Essar Ship (EssarShip)

Target Type	Value
Downside Intraday Target	38.84
Downside Intraday Target	37.3
Upside Intraday Target	41.16
Upside Intraday Target	41.94
Downside Intraday Target	39.62

Weekly technical analysis of Essar Ship (EssarShip)

Date	Weekly Closing Price	Open	High	Low	Volume
12 Thu Dec 2024	40.39	38.07	40.39	38.07	0.902 times
06 Fri Dec 2024	37.33	37.50	37.50	36.45	0.752 times
29 Fri Nov 2024	37.94	41.04	41.04	37.94	0.605 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

Price has moved up 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
12 Thu Dec 2024	40.39	37.50	40.39	36.45	0.303 times
29 Fri Nov 2024	37.94	36.78	41.87	32.83	1.143 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

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 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 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 gaining momentum.

MACD generated a BUY signal for Essar Ship in short term and the buy 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 HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up

CCI has generated a buy signal for Essar Ship in short term and BUY 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

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 38.12 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 positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.