(ElangoIndus) Elango Indus complete technical analysis [charts+indicators] | Buy/Sell Elango Indus | (ElangoIndus) share price targets
Complete technical analysis of Elango Indus (ElangoIndus) by charts plus indicators, forecast predictions and share price targets for Elango Indus (ElangoIndus)
Showing technical analysis as on 2024-05-30 View latest technical analysis
10 day averaged volume of Elango Indus is 1910
| Date | Daily Closing Price | Open | High | Low | Volume |
| 30 Thu May 2024 | 10.44 | 10.07 | 10.54 | 9.60 | 0.466 times |
| 29 Wed May 2024 | 10.07 | 9.65 | 10.13 | 9.17 | 1.752 times |
| 28 Tue May 2024 | 9.65 | 10.15 | 10.48 | 9.65 | 0.941 times |
| 27 Mon May 2024 | 10.15 | 10.25 | 10.25 | 9.74 | 0.454 times |
| 24 Fri May 2024 | 10.25 | 10.25 | 10.25 | 10.25 | 0.08 times |
| 23 Thu May 2024 | 10.26 | 10.62 | 10.62 | 10.09 | 0.309 times |
| 22 Wed May 2024 | 10.62 | 10.88 | 10.88 | 10.62 | 0.09 times |
| 21 Tue May 2024 | 10.37 | 10.56 | 10.56 | 10.37 | 0.03 times |
| 18 Sat May 2024 | 10.56 | 9.85 | 10.56 | 9.85 | 0.161 times |
| 17 Fri May 2024 | 10.06 | 10.44 | 10.84 | 9.85 | 3.419 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 10.5 as stoploss in an intra day sell trade for a target of 10.23. However, stock will show a bullish move above 10.5.
Share price targets for Elango Indus (ElangoIndus)
| Target Type | Value |
| Downside Target | 7.43 |
| Downside Target | 9.17 |
| Downside Target | 9.36 |
| Downside Target | 9.59 |
| Upside Target | 10.54 |
| Upside Target | 10.84 |
| Upside Target | 10.86 |
| Upside Target | 10.88 |
| Upside Target | 12.85 |
| Upside Target | 14.50 |
| Upside Target | 19.56 |
Intraday share price targets for Elango Indus (ElangoIndus)
| Target Type | Value |
| Downside Intraday Target | 9.56 |
| Downside Intraday Target | 8.68 |
| Upside Intraday Target | 10.93 |
| Upside Intraday Target | 11.42 |
| Downside Intraday Target | 10.05 |
Weekly technical analysis of Elango Indus (ElangoIndus)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 30 Thu May 2024 | 10.44 | 10.25 | 10.54 | 9.17 | 7.102 times |
| 24 Fri May 2024 | 10.25 | 10.56 | 10.88 | 10.09 | 0.056 times |
| 18 Sat May 2024 | 10.56 | 9.95 | 10.84 | 9.36 | 10.153 times |
| 10 Fri May 2024 | 9.99 | 10.64 | 10.64 | 9.83 | 0.255 times |
| 03 Fri May 2024 | 10.85 | 10.48 | 10.86 | 10.10 | 1.3 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 Elango Indus (ElangoIndus)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 30 Thu May 2024 | 10.44 | 10.68 | 10.88 | 9.17 | 0.631 times |
| 30 Tue Apr 2024 | 10.48 | 10.09 | 12.85 | 9.59 | 0.802 times |
| 28 Thu Mar 2024 | 10.62 | 14.00 | 19.56 | 10.62 | 0.593 times |
| 29 Thu Feb 2024 | 14.00 | 10.20 | 14.50 | 9.92 | 3.38 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 Elango Indus (ElangoIndus)
Price action analysis of Elango Indus ( (ElangoIndus) ) 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 Elango Indus ( (ElangoIndus) ) 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 Elango Indus ( (ElangoIndus) ) based on a short to mid 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 Elango Indus ( (ElangoIndus) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.
ADX buy sell signal for Elango Indus stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a BUY signal for Elango Indus 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.
Elango Indus 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 Elango Indus in short term but BUY signal is weak.
RSI is generating a BUY signal in short term but buying is losing 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 Elango Indus is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 10.07 and Elango Indus (ElangoIndus) 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 Elango Indus (ElangoIndus) stock. Volume based technical analysis of Elango Indus (ElangoIndus) stock is negative.
Elango Indus 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 Elango Indus ( (ElangoIndus) ) 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 Elango Indus ( (ElangoIndus) ) 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 Elango Indus ( (ElangoIndus) ) based on a short to mid 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 Elango Indus ( (ElangoIndus) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.
ADX buy sell signal for Elango Indus stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a BUY signal for Elango Indus 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.
Elango Indus 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 Elango Indus in short term but BUY signal is weak.
RSI is generating a BUY signal in short term but buying is losing 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 Elango Indus is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 10.07 and Elango Indus (ElangoIndus) 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 Elango Indus (ElangoIndus) stock. Volume based technical analysis of Elango Indus (ElangoIndus) stock is negative.
Elango Indus 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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