(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 2024-05-06 View latest technical analysis
10 day averaged volume of Essar Ship is 171151
Date | Daily Closing Price | Open | High | Low | Volume |
06 Mon May 2024 | 30.62 | 28.25 | 30.62 | 27.10 | 2.164 times |
03 Fri May 2024 | 27.84 | 28.84 | 29.15 | 27.20 | 1.452 times |
02 Thu May 2024 | 28.31 | 29.59 | 29.59 | 28.11 | 0.213 times |
30 Tue Apr 2024 | 28.73 | 30.32 | 30.89 | 28.59 | 0.762 times |
29 Mon Apr 2024 | 30.00 | 30.09 | 30.54 | 29.71 | 0.263 times |
26 Fri Apr 2024 | 30.28 | 31.01 | 31.29 | 30.05 | 0.335 times |
25 Thu Apr 2024 | 30.65 | 29.58 | 31.20 | 29.07 | 1.182 times |
24 Wed Apr 2024 | 29.32 | 30.89 | 31.06 | 28.75 | 1.607 times |
23 Tue Apr 2024 | 30.27 | 32.05 | 32.05 | 29.85 | 1.039 times |
22 Mon Apr 2024 | 31.10 | 32.69 | 34.25 | 30.97 | 1.661 times |
Stock of Essar Ship (EssarShip) has showed a significant upmove. This could be a good time to enter in this stock!
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 30.6, but if it comes below 30.6, then a intra day sell could be more profitable.
If you take a sell trade below 30.6, then use 30.6 as stoploss and 28.98 as target. However if you take a buy trade in stock , then use 30.6 as stoploss and 32.5 as target.
Share price targets for Essar Ship (EssarShip)
Target Type | Value |
Downside Target | 19.70 |
Downside Target | 20.82 |
Downside Target | 24.95 |
Downside Target | 25.50 |
Downside Target | 26.40 |
Downside Target | 27.10 |
Downside Target | 28.48 |
Downside Target | 29.74 |
Downside Target | 30.62 |
Upside Target | 32.64 |
Upside Target | 32.95 |
Upside Target | 34.25 |
Upside Target | 36.22 |
Intraday share price targets for Essar Ship (EssarShip)
Target Type | Value |
Downside Intraday Target | 28.27 |
Downside Intraday Target | 25.93 |
Upside Intraday Target | 31.79 |
Upside Intraday Target | 32.97 |
Downside Intraday Target | 29.45 |
Weekly technical analysis of Essar Ship (EssarShip)
Date | Weekly Closing Price | Open | High | Low | Volume |
06 Mon May 2024 | 30.62 | 28.25 | 30.62 | 27.10 | 0.805 times |
03 Fri May 2024 | 27.84 | 30.09 | 30.89 | 27.20 | 0.462 times |
26 Fri Apr 2024 | 30.28 | 32.69 | 34.25 | 28.75 | 1.089 times |
19 Fri Apr 2024 | 31.37 | 26.44 | 32.95 | 24.95 | 2.214 times |
12 Fri Apr 2024 | 26.84 | 28.45 | 29.74 | 26.40 | 0.348 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 Essar Ship (EssarShip)
Date | Monthly Closing Price | Open | High | Low | Volume |
06 Mon May 2024 | 30.62 | 29.59 | 30.62 | 27.10 | 0.178 times |
30 Tue Apr 2024 | 28.73 | 20.82 | 34.25 | 20.82 | 1.674 times |
28 Thu Mar 2024 | 20.86 | 27.00 | 28.48 | 19.70 | 1.137 times |
29 Thu Feb 2024 | 26.81 | 31.98 | 32.64 | 25.50 | 0.771 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 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 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 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 SELL signal for Essar Ship in short term but the sell signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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 above the green cloud Prices appear to be moving up
CCI has generated a buy signal for Essar Ship in short term but BUY signal is weak.
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 29.88 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 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 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 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 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 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 SELL signal for Essar Ship in short term but the sell signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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 above the green cloud Prices appear to be moving up
CCI has generated a buy signal for Essar Ship in short term but BUY signal is weak.
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 29.88 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 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 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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