(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 2024-06-13 View latest technical analysis
10 day averaged volume of Elango Indus is 1472
Date | Daily Closing Price | Open | High | Low | Volume |
13 Thu Jun 2024 | 9.83 | 9.69 | 10.15 | 9.22 | 1.72 times |
12 Wed Jun 2024 | 9.69 | 10.16 | 10.16 | 9.69 | 0.491 times |
11 Tue Jun 2024 | 10.19 | 10.30 | 10.30 | 9.82 | 2.881 times |
10 Mon Jun 2024 | 10.33 | 10.41 | 10.41 | 9.43 | 2.067 times |
07 Fri Jun 2024 | 9.92 | 10.39 | 10.39 | 9.92 | 0.944 times |
06 Thu Jun 2024 | 10.44 | 10.92 | 10.92 | 10.38 | 0.326 times |
05 Wed Jun 2024 | 10.92 | 11.04 | 11.04 | 10.00 | 0.194 times |
04 Tue Jun 2024 | 10.52 | 10.57 | 10.57 | 10.07 | 0.238 times |
03 Mon Jun 2024 | 10.59 | 11.00 | 11.00 | 10.00 | 1.143 times |
31 Fri May 2024 | 10.52 | 10.96 | 10.96 | 10.50 | 1.109 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 9.9, but if it comes above 9.9, then a intra day buy could be more profitable.
If you take a sell trade below 9.9, then use 9.9 as stoploss and 9.6 as target. However if you take a buy trade in stock , then use 9.9 as stoploss and 10.27 as target.
Share price targets for Elango Indus (ElangoIndus)
Target Type | Value |
Downside Target | 9.17 |
Downside Target | 9.59 |
Upside Target | 9.92 |
Upside Target | 10.41 |
Upside Target | 10.62 |
Upside Target | 10.84 |
Upside Target | 10.96 |
Upside Target | 11.04 |
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 | 9.23 |
Downside Intraday Target | 8.63 |
Upside Intraday Target | 10.42 |
Upside Intraday Target | 11.01 |
Downside Intraday Target | 9.82 |
Weekly technical analysis of Elango Indus (ElangoIndus)
Date | Weekly Closing Price | Open | High | Low | Volume |
13 Thu Jun 2024 | 9.83 | 10.41 | 10.41 | 9.22 | 2.516 times |
07 Fri Jun 2024 | 9.92 | 11.00 | 11.04 | 9.92 | 0.491 times |
31 Fri May 2024 | 10.52 | 10.25 | 10.96 | 9.17 | 8.782 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 |
Price has moved down 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 |
13 Thu Jun 2024 | 9.83 | 11.00 | 11.04 | 9.22 | 0.49 times |
31 Fri May 2024 | 10.52 | 10.68 | 10.96 | 9.17 | 0.668 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 |
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 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 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 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 mid to longer 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.
ADX buy sell signal for Elango Indus stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Elango Indus in short term and the sell signal is strong.
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 getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a SELL signal for Elango Indus in short term and SELL signal is strong!
RSI is generating a BUY signal in short term but buying is losing 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 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 10.22 and Elango Indus (ElangoIndus) 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 Elango Indus (ElangoIndus) stock. Volume based technical analysis of Elango Indus (ElangoIndus) stock is negative.
Elango Indus 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.
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 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 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 mid to longer 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.
ADX buy sell signal for Elango Indus stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Elango Indus in short term and the sell signal is strong.
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 getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a SELL signal for Elango Indus in short term and SELL signal is strong!
RSI is generating a BUY signal in short term but buying is losing 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 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 10.22 and Elango Indus (ElangoIndus) 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 Elango Indus (ElangoIndus) stock. Volume based technical analysis of Elango Indus (ElangoIndus) stock is negative.
Elango Indus 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.
Click here for Elango Indus charts
Click here for further forecast and predictions for tomorrow