(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)
10 day averaged volume of Elgi Equip is 16659
Date | Daily Closing Price | Open | High | Low | Volume |
26 Fri Apr 2024 | 650.45 | 636.65 | 653.80 | 629.00 | 0.649 times |
25 Thu Apr 2024 | 627.60 | 623.55 | 630.00 | 606.60 | 1.202 times |
24 Wed Apr 2024 | 617.40 | 632.40 | 632.65 | 614.35 | 0.385 times |
23 Tue Apr 2024 | 626.85 | 631.90 | 631.90 | 612.15 | 0.8 times |
22 Mon Apr 2024 | 613.15 | 636.75 | 636.75 | 610.25 | 0.808 times |
19 Fri Apr 2024 | 623.55 | 626.65 | 632.10 | 613.80 | 0.517 times |
18 Thu Apr 2024 | 625.30 | 625.40 | 641.90 | 622.50 | 1.172 times |
16 Tue Apr 2024 | 622.30 | 631.35 | 641.90 | 618.50 | 1.054 times |
15 Mon Apr 2024 | 630.20 | 600.30 | 635.00 | 600.30 | 2.127 times |
12 Fri Apr 2024 | 645.10 | 639.75 | 665.00 | 632.50 | 1.479 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 641.5, but if it comes below 641.5, then a intra day sell could be more profitable.
If you take a sell trade below 641.5, then use 641.5 as stoploss and 620.75 as target. However if you take a buy trade in stock , then use 641.5 as stoploss and 666.4 as target.
Share price targets for Elgi Equip (ElgiEquip)
Target Type | Value |
Downside Target | 503.05 |
Downside Target | 525.00 |
Downside Target | 554.60 |
Downside Target | 570.05 |
Downside Target | 582.85 |
Downside Target | 600.30 |
Downside Target | 641.90 |
Upside Target | 653.80 |
Upside Target | 665.00 |
Upside Target | 669.10 |
Upside Target | 703.40 |
Upside Target | 714.50 |
Intraday share price targets for Elgi Equip (ElgiEquip)
Target Type | Value |
Downside Intraday Target | 620.1 |
Downside Intraday Target | 589.75 |
Upside Intraday Target | 667.3 |
Upside Intraday Target | 684.15 |
Downside Intraday Target | 636.95 |
Weekly technical analysis of Elgi Equip (ElgiEquip)
Date | Weekly Closing Price | Open | High | Low | Volume |
26 Fri Apr 2024 | 650.45 | 636.75 | 653.80 | 606.60 | 0.79 times |
19 Fri Apr 2024 | 623.55 | 600.30 | 641.90 | 600.30 | 1.177 times |
12 Fri Apr 2024 | 645.10 | 640.05 | 665.00 | 610.65 | 0.273 times |
05 Fri Apr 2024 | 647.75 | 612.90 | 669.10 | 584.70 | 3.294 times |
28 Thu Mar 2024 | 601.45 | 593.00 | 605.00 | 570.05 | 1.635 times |
Price has moved up 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 |
26 Fri Apr 2024 | 650.45 | 612.90 | 669.10 | 584.70 | 1.143 times |
28 Thu Mar 2024 | 601.45 | 650.55 | 714.50 | 570.05 | 0.643 times |
29 Thu Feb 2024 | 650.50 | 615.00 | 703.40 | 582.85 | 1.902 times |
31 Wed Jan 2024 | 614.30 | 543.90 | 616.95 | 525.00 | 0.954 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 Elgi Equip (ElgiEquip)
Price action analysis of Elgi Equip ( (ElgiEquip) ) 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 Elgi Equip ( (ElgiEquip) ) 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 Elgi Equip ( (ElgiEquip) ) based on a short to mid 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 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 Weak and stock is gaining momentum.
MACD generated a BUY signal for Elgi Equip 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.
Elgi Equip 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. Bears are weakening, and bulls are picking up momentum!
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 Elgi Equip in short term and BUY signal is strong.
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 Elgi Equip is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 629.53 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Elgi Equip ( (ElgiEquip) ) 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 Elgi Equip ( (ElgiEquip) ) based on a short to mid 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 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 Weak and stock is gaining momentum.
MACD generated a BUY signal for Elgi Equip 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.
Elgi Equip 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. Bears are weakening, and bulls are picking up momentum!
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 Elgi Equip in short term and BUY signal is strong.
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 Elgi Equip is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 629.53 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.
Click here for Elgi Equip charts
Click here for further forecast and predictions for tomorrow