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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 2024-12-17 View latest technical analysis

10 day averaged volume of Essar Ship is 20551

Date	Daily Closing Price	Open	High	Low	Volume
17 Tue Dec 2024	39.38	39.39	39.39	39.38	0.771 times
16 Mon Dec 2024	40.18	40.18	40.18	40.18	1.834 times
13 Fri Dec 2024	41.00	41.19	41.19	40.99	2.695 times
12 Thu Dec 2024	40.39	40.39	40.39	40.39	1.2 times
11 Wed Dec 2024	39.60	39.60	39.60	39.60	0.75 times
10 Tue Dec 2024	38.83	38.83	38.83	38.83	0.255 times
09 Mon Dec 2024	38.07	38.07	38.07	38.07	0.895 times
06 Fri Dec 2024	37.33	36.50	37.33	36.50	0.75 times
05 Thu Dec 2024	36.60	36.55	36.74	36.53	0.652 times
04 Wed Dec 2024	37.08	37.10	37.17	37.08	0.504 times

My analysis of stock is bullish for shortterm, and stock might move up till 40.5 or till 42.4. Use a stoploss of 38.96 and if this stock hits its stoploss, then it can fall down till 37.41

Share price targets for Essar Ship (EssarShip)

Target Type	Value
Downside Target	32.83
Downside Target	36.19
Downside Target	37.50
Downside Target	39.38
Upside Target	40.18
Upside Target	41.04
Upside Target	41.19
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	39.11
Downside Intraday Target	38.85
Upside Intraday Target	39.91
Upside Intraday Target	40.45
Upside Intraday Target	39.65

Weekly technical analysis of Essar Ship (EssarShip)

Date	Weekly Closing Price	Open	High	Low	Volume
17 Tue Dec 2024	39.38	40.18	40.18	39.38	0.45 times
13 Fri Dec 2024	41.00	38.07	41.19	38.07	1.687 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

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
17 Tue Dec 2024	39.38	37.50	41.19	36.45	0.549 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 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 Weak and stock is losing 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 tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are in or below the green 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 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 39.51 and Essar Ship (EssarShip) stock is trading below this level. This means that stock is falling with high volumes. 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.