(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 2024-08-12 View latest technical analysis
10 day averaged volume of Elango Indus is 660
| Date | Daily Closing Price | Open | High | Low | Volume |
| 12 Mon Aug 2024 | 11.64 | 12.80 | 12.80 | 11.64 | 0.398 times |
| 09 Fri Aug 2024 | 12.24 | 11.66 | 12.24 | 11.30 | 0.671 times |
| 08 Thu Aug 2024 | 11.66 | 11.65 | 12.20 | 11.65 | 1.712 times |
| 07 Wed Aug 2024 | 12.22 | 12.22 | 12.22 | 11.06 | 1.438 times |
| 06 Tue Aug 2024 | 11.64 | 12.25 | 12.25 | 11.64 | 0.324 times |
| 05 Mon Aug 2024 | 12.25 | 12.25 | 12.25 | 12.25 | 0.227 times |
| 02 Fri Aug 2024 | 12.77 | 12.77 | 12.77 | 12.77 | 0.133 times |
| 01 Thu Aug 2024 | 12.77 | 12.77 | 12.77 | 12.77 | 0.183 times |
| 31 Wed Jul 2024 | 12.77 | 13.03 | 13.03 | 12.77 | 2.183 times |
| 30 Tue Jul 2024 | 13.44 | 14.11 | 14.11 | 13.44 | 0.745 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 11.6 as stoploss in an intra day buy trade for a target of 12.24. However, stock will show a bearish move below 11.6.
Share price targets for Elango Indus (ElangoIndus)
| Target Type | Value |
| Downside Target | 9.12 |
| Downside Target | 9.59 |
| Downside Target | 10.13 |
| Downside Target | 10.80 |
| Downside Target | 11.36 |
| Downside Target | 11.64 |
| Upside Target | 12.25 |
| Upside Target | 12.77 |
| Upside Target | 12.80 |
| Upside Target | 12.85 |
| Upside Target | 14.11 |
| Upside Target | 14.29 |
Intraday share price targets for Elango Indus (ElangoIndus)
| Target Type | Value |
| Downside Intraday Target | 11.25 |
| Downside Intraday Target | 10.87 |
| Upside Intraday Target | 12.41 |
| Upside Intraday Target | 13.19 |
| Upside Intraday Target | 12.03 |
Weekly technical analysis of Elango Indus (ElangoIndus)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 12 Mon Aug 2024 | 11.64 | 12.80 | 12.80 | 11.64 | 0.091 times |
| 09 Fri Aug 2024 | 12.24 | 12.25 | 12.25 | 11.06 | 0.777 times |
| 02 Fri Aug 2024 | 12.77 | 13.44 | 14.11 | 12.77 | 0.532 times |
| 26 Fri Jul 2024 | 12.80 | 11.91 | 12.80 | 11.36 | 2.369 times |
| 19 Fri Jul 2024 | 11.91 | 10.80 | 11.91 | 10.80 | 0.684 times |
Price has moved down 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 Elango Indus (ElangoIndus)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 12 Mon Aug 2024 | 11.64 | 12.77 | 12.80 | 11.06 | 0.054 times |
| 31 Wed Jul 2024 | 12.77 | 12.36 | 14.29 | 10.13 | 1.526 times |
| 28 Fri Jun 2024 | 11.78 | 11.00 | 11.78 | 9.12 | 1.36 times |
| 31 Fri May 2024 | 10.52 | 10.68 | 10.96 | 9.17 | 0.668 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 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 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 Weak and stock is losing momentum.
MACD generated a SELL signal for Elango Indus in short term but the sell signal is initial and weak.
Elango Indus 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 green color and prices are in or below the green cloud Prices appear to be coming down
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
Stock of Elango Indus is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 12.34 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 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 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 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 Weak and stock is losing momentum.
MACD generated a SELL signal for Elango Indus in short term but the sell signal is initial and weak.
Elango Indus 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 green color and prices are in or below the green cloud Prices appear to be coming down
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
Stock of Elango Indus is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 12.34 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.
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