(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 2024-12-12 View latest technical analysis
10 day averaged volume of Elgi Equip is 5586
| Date | Daily Closing Price | Open | High | Low | Volume |
| 12 Thu Dec 2024 | 611.40 | 613.55 | 616.95 | 609.05 | 0.983 times |
| 11 Wed Dec 2024 | 618.20 | 620.45 | 625.80 | 616.20 | 0.847 times |
| 10 Tue Dec 2024 | 622.40 | 625.50 | 631.75 | 620.25 | 0.592 times |
| 09 Mon Dec 2024 | 624.90 | 641.00 | 641.00 | 621.80 | 2.733 times |
| 06 Fri Dec 2024 | 645.45 | 645.05 | 647.95 | 641.60 | 0.222 times |
| 05 Thu Dec 2024 | 650.20 | 660.20 | 660.20 | 648.55 | 0.757 times |
| 04 Wed Dec 2024 | 657.05 | 668.65 | 669.00 | 654.55 | 0.757 times |
| 03 Tue Dec 2024 | 658.90 | 649.10 | 665.55 | 641.90 | 1.184 times |
| 02 Mon Dec 2024 | 647.55 | 652.65 | 652.65 | 635.90 | 1.166 times |
| 29 Fri Nov 2024 | 640.00 | 635.00 | 646.00 | 632.95 | 0.829 times |
My analysis of stock is bearish for shortterm, and stock might move down till 579.8 or till 535.6. Use a stoploss of 616.55 and if the stock hits stoploss, then it can shoot up till 653.32
Share price targets for Elgi Equip (ElgiEquip)
| Target Type | Value |
| Downside Target | 545.05 |
| Downside Target | 562.85 |
| Downside Target | 588.15 |
| Downside Target | 609.05 |
| Upside Target | 635.00 |
| Upside Target | 662.00 |
| Upside Target | 669.00 |
| Upside Target | 674.70 |
| Upside Target | 676.90 |
| Upside Target | 698.30 |
| Upside Target | 737.90 |
| Upside Target | 752.30 |
Intraday share price targets for Elgi Equip (ElgiEquip)
| Target Type | Value |
| Downside Intraday Target | 599.97 |
| Downside Intraday Target | 588.53 |
| Upside Intraday Target | 631.92 |
| Upside Intraday Target | 652.43 |
| Upside Intraday Target | 620.48 |
Weekly technical analysis of Elgi Equip (ElgiEquip)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 12 Thu Dec 2024 | 611.40 | 641.00 | 641.00 | 609.05 | 1.262 times |
| 06 Fri Dec 2024 | 645.45 | 652.65 | 669.00 | 635.90 | 0.122 times |
| 29 Fri Nov 2024 | 640.00 | 569.15 | 674.70 | 565.60 | 5.454 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 |
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 Elgi Equip (ElgiEquip)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 12 Thu Dec 2024 | 611.40 | 652.65 | 669.00 | 609.05 | 0.183 times |
| 29 Fri Nov 2024 | 640.00 | 652.05 | 676.90 | 545.05 | 1.526 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 |
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 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 Elgi Equip ( (ElgiEquip) ) 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 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 SELL. Signal strength is Weak and stock is gaining momentum.
MACD generated a SELL signal for Elgi Equip in short term and the sell signal is strong.
Elgi Equip Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
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 Elgi Equip 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
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 635.5 and Elgi Equip (ElgiEquip) 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 Elgi Equip (ElgiEquip) stock. Volume based technical analysis of Elgi Equip (ElgiEquip) stock is negative.
Elgi Equip Stock has given negative 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.
Price action analysis of Elgi Equip ( (ElgiEquip) ) 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 Elgi Equip ( (ElgiEquip) ) 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 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 SELL. Signal strength is Weak and stock is gaining momentum.
MACD generated a SELL signal for Elgi Equip in short term and the sell signal is strong.
Elgi Equip Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
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 Elgi Equip 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
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 635.5 and Elgi Equip (ElgiEquip) 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 Elgi Equip (ElgiEquip) stock. Volume based technical analysis of Elgi Equip (ElgiEquip) stock is negative.
Elgi Equip Stock has given negative 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.
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