(ElgiEquip) Elgi Equip complete technical analysis [charts+indicators] | Buy/Sell Elgi Equip | (ElgiEquip) share price targets
Complete technical analysis of Elgi Equip (ElgiEquip) by charts plus indicators, forecast predictions and share price targets for Elgi Equip (ElgiEquip)
Showing technical analysis as on 2024-11-27 View latest technical analysis
10 day averaged volume of Elgi Equip is 23378
| Date | Daily Closing Price | Open | High | Low | Volume |
| 27 Wed Nov 2024 | 636.35 | 650.75 | 650.75 | 630.35 | 0.623 times |
| 26 Tue Nov 2024 | 653.80 | 641.10 | 674.70 | 632.05 | 1.974 times |
| 25 Mon Nov 2024 | 645.20 | 569.15 | 667.00 | 565.60 | 5.022 times |
| 22 Fri Nov 2024 | 559.50 | 573.00 | 573.00 | 550.80 | 0.576 times |
| 21 Thu Nov 2024 | 553.40 | 545.05 | 571.65 | 545.05 | 0.339 times |
| 19 Tue Nov 2024 | 557.90 | 562.05 | 568.95 | 547.00 | 0.372 times |
| 18 Mon Nov 2024 | 559.60 | 592.90 | 592.90 | 558.75 | 0.186 times |
| 14 Thu Nov 2024 | 584.05 | 574.30 | 590.65 | 562.85 | 0.486 times |
| 13 Wed Nov 2024 | 570.75 | 610.05 | 610.05 | 568.00 | 0.51 times |
| 12 Tue Nov 2024 | 604.30 | 624.75 | 633.20 | 600.20 | 0.39 times |
My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 654 as stoploss in an intra day sell trade for a target of 615.43. However, stock will show a bullish move above 654.
Share price targets for Elgi Equip (ElgiEquip)
| Target Type | Value |
| Downside Target | 545.05 |
| Downside Target | 562.85 |
| Downside Target | 588.15 |
| Downside Target | 635.00 |
| Upside Target | 652.15 |
| Upside Target | 676.90 |
| Upside Target | 678.20 |
| Upside Target | 698.30 |
| Upside Target | 737.90 |
| Upside Target | 752.30 |
| Upside Target | 763.25 |
Intraday share price targets for Elgi Equip (ElgiEquip)
| Target Type | Value |
| Downside Intraday Target | 576.4 |
| Downside Intraday Target | 516.45 |
| Upside Intraday Target | 685.5 |
| Upside Intraday Target | 734.65 |
| Downside Intraday Target | 625.55 |
Weekly technical analysis of Elgi Equip (ElgiEquip)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 27 Wed Nov 2024 | 636.35 | 569.15 | 674.70 | 565.60 | 5.172 times |
| 22 Fri Nov 2024 | 559.50 | 592.90 | 592.90 | 545.05 | 0.962 times |
| 14 Thu Nov 2024 | 584.05 | 635.00 | 635.00 | 562.85 | 1.744 times |
| 08 Fri Nov 2024 | 635.65 | 676.90 | 676.90 | 635.00 | 0.434 times |
| 01 Fri Nov 2024 | 662.65 | 602.50 | 678.20 | 588.15 | 1.16 times |
Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Elgi Equip (ElgiEquip)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 27 Wed Nov 2024 | 636.35 | 652.05 | 676.90 | 545.05 | 1.474 times |
| 31 Thu Oct 2024 | 664.20 | 679.05 | 698.30 | 588.15 | 0.66 times |
| 30 Mon Sep 2024 | 679.10 | 694.55 | 752.30 | 662.00 | 0.571 times |
| 30 Fri Aug 2024 | 694.50 | 696.05 | 737.90 | 592.70 | 0.284 times |
Scroll below to view daily charts
Price has moved down 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 Elgi Equip (ElgiEquip)
Price action analysis of Elgi Equip ( (ElgiEquip) ) 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 Elgi Equip ( (ElgiEquip) ) 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 Elgi Equip ( (ElgiEquip) ) based on a short to mid term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Elgi Equip ( (ElgiEquip) ) 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 Elgi Equip stock for short term is BUY. Signal strength is Strong and stock is losing momentum.
MACD generated a BUY signal for Elgi Equip 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.
Elgi Equip 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 red color and prices are in or above the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Elgi Equip in short term but SELL signal is weak.
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 Elgi Equip is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 626.01 and Elgi Equip (ElgiEquip) 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 Elgi Equip (ElgiEquip) stock. Volume based technical analysis of Elgi Equip (ElgiEquip) stock is negative.
Elgi Equip 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.
Price action analysis of Elgi Equip ( (ElgiEquip) ) 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 Elgi Equip ( (ElgiEquip) ) 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 Elgi Equip ( (ElgiEquip) ) based on a short to mid term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Elgi Equip ( (ElgiEquip) ) 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 Elgi Equip stock for short term is BUY. Signal strength is Strong and stock is losing momentum.
MACD generated a BUY signal for Elgi Equip 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.
Elgi Equip 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 red color and prices are in or above the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Elgi Equip in short term but SELL signal is weak.
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 Elgi Equip is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 626.01 and Elgi Equip (ElgiEquip) 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 Elgi Equip (ElgiEquip) stock. Volume based technical analysis of Elgi Equip (ElgiEquip) stock is negative.
Elgi Equip 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.
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