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 2025-01-03 View latest technical analysis

10 day averaged volume of Essar Ship is 15184

Date	Daily Closing Price	Open	High	Low	Volume
03 Fri Jan 2025	35.40	36.60	36.70	35.00	1.47 times
02 Thu Jan 2025	35.99	36.35	37.88	35.72	1.722 times
01 Wed Jan 2025	36.08	35.31	36.88	35.00	0.392 times
31 Tue Dec 2024	35.31	35.60	35.60	34.66	2.05 times
30 Mon Dec 2024	36.42	39.35	39.35	36.28	1.33 times
27 Fri Dec 2024	38.18	37.50	38.18	37.50	0.98 times
26 Thu Dec 2024	37.80	39.10	39.10	37.80	0.356 times
24 Tue Dec 2024	38.57	37.07	38.57	37.07	1.662 times
23 Mon Dec 2024	37.82	38.44	38.44	37.82	0.107 times
20 Fri Dec 2024	38.59	39.00	39.30	38.59	1.194 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 36.5, but if it comes above 36.5, then a intra day buy could be more profitable.
If you take a sell trade below 36.5, then use 36.5 as stoploss and 34.6 as target. However if you take a buy trade in stock , then use 36.5 as stoploss and 38.15 as target.

Share price targets for Essar Ship (EssarShip)

Target Type	Value
Downside Target	32.83
Downside Target	34.66
Upside Target	36.45
Upside Target	39.10
Upside Target	39.35
Upside Target	40.18
Upside Target	41.19
Upside Target	41.87
Upside Target	42.51
Upside Target	49.65

Intraday share price targets for Essar Ship (EssarShip)

Target Type	Value
Downside Intraday Target	33.59
Downside Intraday Target	31.78
Upside Intraday Target	38.28
Upside Intraday Target	41.16
Upside Intraday Target	36.47

Weekly technical analysis of Essar Ship (EssarShip)

Date	Weekly Closing Price	Open	High	Low	Volume
03 Fri Jan 2025	35.40	39.35	39.35	34.66	2.243 times
27 Fri Dec 2024	38.18	38.44	39.10	37.07	0.607 times
20 Fri Dec 2024	38.59	40.18	40.18	38.49	0.652 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

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
03 Fri Jan 2025	35.40	35.31	37.88	35.00	0.149 times
31 Tue Dec 2024	35.31	37.50	41.19	34.66	0.825 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

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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 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 SELL. Signal strength is Weak 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 weakening, and bulls 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 and SELL signal is strong!

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

Although the stock is in the BUY zone, but buying 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 36.76 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.