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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)

10 day averaged volume of Essar Ship is 72418

Date Daily Closing Price Open High Low Volume
18 Fri Jun 2021 12.24 11.85 12.36 11.30 0.382 times
17 Thu Jun 2021 11.79 10.85 11.99 10.85 0.906 times
16 Wed Jun 2021 11.42 11.47 11.76 11.42 0.956 times
15 Tue Jun 2021 12.02 12.02 12.02 12.02 0.395 times
14 Mon Jun 2021 12.65 13.29 13.29 12.65 0.371 times
11 Fri Jun 2021 13.31 13.20 13.31 13.13 1.506 times
10 Thu Jun 2021 12.10 11.98 12.10 11.26 0.608 times
09 Wed Jun 2021 11.00 10.99 11.44 9.85 1.925 times
08 Tue Jun 2021 10.64 11.06 11.06 10.39 0.826 times
07 Mon Jun 2021 10.29 10.30 10.78 10.16 1.236 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 11.9, but if it comes below 11.9, then a intra day sell could be more profitable.
If you take a sell trade below 11.9, then use 11.9 as stoploss and 10.63 as target. However if you take a buy trade in stock , then use 11.9 as stoploss and 13.5 as target.

Share price targets for Essar Ship (EssarShip)

Target Type Value
Downside Target 7.26
Downside Target 7.84
Downside Target 8.84
Downside Target 9.41
Downside Target 9.85
Downside Target 10.20
Downside Target 10.51
Downside Target 10.73
Downside Target 10.85
Downside Target 12.00
Upside Target 13.29
Upside Target 13.31

Intraday share price targets for Essar Ship (EssarShip)

Target Type Value
Downside Intraday Target 10.96
Downside Intraday Target 9.69
Upside Intraday Target 13.4
Upside Intraday Target 14.57
Downside Intraday Target 12.13

Weekly technical analysis of Essar Ship (EssarShip)

Date Weekly Closing Price Open High Low Volume
18 Fri Jun 2021 12.24 13.29 13.29 10.85 0.493 times
11 Fri Jun 2021 13.31 10.30 13.31 9.85 1.382 times
04 Fri Jun 2021 10.15 9.60 10.51 9.41 2.1 times
28 Fri May 2021 9.34 9.90 9.90 9.01 1.243 times
21 Fri May 2021 9.10 10.20 10.20 8.90 0.499 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
18 Fri Jun 2021 12.24 9.89 13.31 9.41 0.392 times
31 Mon May 2021 9.79 8.00 12.00 7.84 9.036 times
30 Fri Apr 2021 8.00 7.91 9.50 7.26 0.728 times
31 Wed Mar 2021 7.84 9.04 10.52 7.38 1.887 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)

Indicator Name Indicator Value Indicator Signal
ADX 29, 28, 2 Buy
MACD 1, 1Buy
Stochastics 58None
CCI 27Buy
RSI 61Buy
OBV 366240Sell
VWAP 12Buy
ADL 0Sell
ROC 21Buy
Force Index 0Sell

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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting stronger in this stock.

Ichimoku cloud is of red color and prices are in or above the red 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 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 11.61 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.

Click here for Essar Ship charts

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Daily charts

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