(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 2024-09-19 View latest technical analysis
10 day averaged volume of Elango Indus is 254
| Date | Daily Closing Price | Open | High | Low | Volume |
| 19 Thu Sep 2024 | 12.04 | 12.04 | 12.04 | 12.04 | 0.413 times |
| 18 Wed Sep 2024 | 12.67 | 12.08 | 12.67 | 12.00 | 3.15 times |
| 17 Tue Sep 2024 | 12.08 | 12.09 | 12.09 | 12.08 | 0.476 times |
| 16 Mon Sep 2024 | 12.09 | 12.09 | 12.09 | 12.09 | 0.22 times |
| 13 Fri Sep 2024 | 12.09 | 12.69 | 12.69 | 12.09 | 0.736 times |
| 12 Thu Sep 2024 | 12.09 | 13.30 | 13.30 | 12.09 | 1.008 times |
| 11 Wed Sep 2024 | 12.72 | 11.82 | 12.72 | 11.82 | 0.461 times |
| 10 Tue Sep 2024 | 12.12 | 13.35 | 13.35 | 12.12 | 1.433 times |
| 09 Mon Sep 2024 | 12.75 | 12.75 | 12.75 | 12.50 | 0.492 times |
| 06 Fri Sep 2024 | 13.15 | 13.11 | 13.20 | 12.55 | 0.705 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 12 as stoploss in an intra day buy trade for a target of 12.4. However, stock will show a bearish move below 12.
Share price targets for Elango Indus (ElangoIndus)
| Target Type | Value |
| Downside Target | 9.12 |
| Downside Target | 10.13 |
| Downside Target | 10.96 |
| Downside Target | 11.33 |
| Downside Target | 11.78 |
| Upside Target | 12.56 |
| Upside Target | 12.67 |
| Upside Target | 13.16 |
| Upside Target | 13.23 |
| Upside Target | 13.35 |
| Upside Target | 14.29 |
Intraday share price targets for Elango Indus (ElangoIndus)
| Target Type | Value |
| Downside Intraday Target | 11.8 |
| Downside Intraday Target | 11.57 |
| Upside Intraday Target | 12.47 |
| Upside Intraday Target | 12.91 |
| Upside Intraday Target | 12.24 |
Weekly technical analysis of Elango Indus (ElangoIndus)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 19 Thu Sep 2024 | 12.04 | 12.09 | 12.67 | 12.00 | 1.031 times |
| 13 Fri Sep 2024 | 12.09 | 12.75 | 13.35 | 11.82 | 0.674 times |
| 06 Fri Sep 2024 | 13.15 | 12.50 | 13.23 | 11.78 | 0.221 times |
| 30 Fri Aug 2024 | 12.50 | 11.97 | 13.16 | 11.33 | 1.316 times |
| 23 Fri Aug 2024 | 12.56 | 12.00 | 12.56 | 11.40 | 3.314 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 |
| 19 Thu Sep 2024 | 12.04 | 12.50 | 13.35 | 11.78 | 0.216 times |
| 30 Fri Aug 2024 | 12.50 | 12.77 | 13.16 | 11.06 | 0.274 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 |
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 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 Elango Indus ( (ElangoIndus) ) 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 Elango Indus ( (ElangoIndus) ) based on a mid to longer term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
ADX buy sell signal for Elango Indus stock for short term is BUY. Signal strength is Strong and stock is gaining 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 red color and prices are below the red cloud Prices appear to be coming down
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 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 12.44 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 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 Elango Indus ( (ElangoIndus) ) 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 Elango Indus ( (ElangoIndus) ) based on a mid to longer term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
ADX buy sell signal for Elango Indus stock for short term is BUY. Signal strength is Strong and stock is gaining 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 red color and prices are below the red cloud Prices appear to be coming down
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 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 12.44 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