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(Elloratrad) Elloratrad complete technical analysis [charts+indicators] | Buy/Sell Elloratrad | (Elloratrad) share price targets

Complete technical analysis of Elloratrad (Elloratrad) by charts plus indicators, forecast predictions and share price targets for Elloratrad (Elloratrad)

Showing technical analysis as on 2024-02-22 View latest technical analysis

10 day averaged volume of Elloratrad is 42383

Date	Daily Closing Price	Open	High	Low	Volume
22 Thu Feb 2024	13.47	13.31	14.00	13.31	0.282 times
21 Wed Feb 2024	13.75	14.13	14.13	13.75	0.165 times
20 Tue Feb 2024	13.98	14.14	14.14	13.75	0.138 times
19 Mon Feb 2024	13.63	13.70	13.90	13.16	0.314 times
16 Fri Feb 2024	13.40	14.14	14.14	13.31	3.568 times
15 Thu Feb 2024	13.79	14.25	14.25	13.51	0.25 times
14 Wed Feb 2024	13.95	13.73	13.95	13.49	1.162 times
13 Tue Feb 2024	13.30	13.66	13.87	13.30	0.684 times
12 Mon Feb 2024	13.70	13.88	14.75	13.51	0.469 times
09 Fri Feb 2024	14.16	14.50	15.00	14.00	0.54 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 13.3 as stoploss in an intra day buy trade for a target of 13.95. However, stock will show a bearish move below 13.3.

Share price targets for Elloratrad (Elloratrad)

Target Type	Value
Downside Target	12.04
Downside Target	13.16
Upside Target	14.14
Upside Target	14.75
Upside Target	15.25
Upside Target	15.53
Upside Target	15.70
Upside Target	17.68
Upside Target	17.75
Upside Target	18.00
Upside Target	18.70
Upside Target	21.74

Intraday share price targets for Elloratrad (Elloratrad)

Target Type	Value
Downside Intraday Target	13.04
Downside Intraday Target	12.61
Upside Intraday Target	14.02
Upside Intraday Target	14.57
Upside Intraday Target	13.59

Weekly technical analysis of Elloratrad (Elloratrad)

Date	Weekly Closing Price	Open	High	Low	Volume
22 Thu Feb 2024	13.47	13.70	14.14	13.16	0.147 times
16 Fri Feb 2024	13.40	13.88	14.75	13.30	0.71 times
09 Fri Feb 2024	14.16	13.95	15.25	13.40	0.458 times
02 Fri Feb 2024	13.30	14.77	14.77	12.04	0.541 times
25 Thu Jan 2024	15.53	17.50	17.75	15.53	19.59 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 Elloratrad (Elloratrad)

Date	Monthly Closing Price	Open	High	Low	Volume
22 Thu Feb 2024	13.47	12.67	15.25	12.04	0.647 times
31 Wed Jan 2024	13.33	17.09	18.70	13.33	0.953 times
29 Fri Dec 2023	16.50	16.00	21.74	15.00	19.444 times
30 Thu Nov 2023	15.50	17.68	17.68	14.85	0.269 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 Elloratrad (Elloratrad)

Price action analysis of Elloratrad ( (Elloratrad) ) 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 Elloratrad ( (Elloratrad) ) based on a short 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 Elloratrad ( (Elloratrad) ) 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 Elloratrad ( (Elloratrad) ) 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 Elloratrad stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Elloratrad 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.

Elloratrad 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 red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Elloratrad 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 negative zone. This is the SELL zone

Stock of Elloratrad is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 13.59 and Elloratrad (Elloratrad) 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 Elloratrad (Elloratrad) stock. Volume based technical analysis of Elloratrad (Elloratrad) stock is negative.

Elloratrad Stock has given negative 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.