(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 2024-10-22 View latest technical analysis
10 day averaged volume of Elango Indus is 446
| Date | Daily Closing Price | Open | High | Low | Volume |
| 22 Tue Oct 2024 | 10.62 | 11.17 | 11.17 | 10.62 | 0.935 times |
| 21 Mon Oct 2024 | 11.17 | 11.17 | 11.17 | 11.17 | 0.919 times |
| 18 Fri Oct 2024 | 11.75 | 12.95 | 12.95 | 11.75 | 2.24 times |
| 17 Thu Oct 2024 | 12.36 | 13.66 | 13.66 | 12.36 | 2.538 times |
| 16 Wed Oct 2024 | 13.01 | 13.01 | 13.01 | 13.01 | 0.045 times |
| 15 Tue Oct 2024 | 13.69 | 13.82 | 13.82 | 13.69 | 3.274 times |
| 14 Mon Oct 2024 | 13.19 | 13.20 | 13.20 | 13.19 | 0.007 times |
| 11 Fri Oct 2024 | 12.58 | 12.58 | 12.58 | 11.42 | 0.446 times |
| 10 Thu Oct 2024 | 12.00 | 12.00 | 12.00 | 12.00 | 0.002 times |
| 09 Wed Oct 2024 | 12.00 | 12.13 | 12.13 | 12.00 | 0.453 times |
Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 10.4, for a target of 11.4 or 12.27
Share price targets for Elango Indus (ElangoIndus)
| Target Type | Value |
| Downside Target | 9.12 |
| Downside Target | 10.13 |
| Downside Target | 10.62 |
| Upside Target | 10.90 |
| Upside Target | 11.42 |
| Upside Target | 11.75 |
| Upside Target | 12.58 |
| Upside Target | 13.00 |
| Upside Target | 13.16 |
| Upside Target | 13.35 |
| Upside Target | 13.74 |
| Upside Target | 13.82 |
| Upside Target | 14.29 |
Intraday share price targets for Elango Indus (ElangoIndus)
| Target Type | Value |
| Downside Intraday Target | 10.44 |
| Downside Intraday Target | 10.25 |
| Upside Intraday Target | 10.99 |
| Upside Intraday Target | 11.35 |
| Upside Intraday Target | 10.8 |
Weekly technical analysis of Elango Indus (ElangoIndus)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 22 Tue Oct 2024 | 10.62 | 11.17 | 11.17 | 10.62 | 0.229 times |
| 18 Fri Oct 2024 | 11.75 | 13.20 | 13.82 | 11.75 | 8.27 times |
| 11 Fri Oct 2024 | 12.58 | 13.00 | 13.00 | 11.42 | 0.315 times |
| 03 Thu Oct 2024 | 13.45 | 13.20 | 13.74 | 13.15 | 0.538 times |
| 26 Thu Sep 2024 | 12.58 | 11.44 | 12.58 | 10.90 | 2.008 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 |
| 22 Tue Oct 2024 | 10.62 | 13.74 | 13.82 | 10.62 | 0.669 times |
| 30 Mon Sep 2024 | 13.15 | 12.50 | 13.35 | 10.90 | 0.446 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 |
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 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 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 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 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 12.38 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 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 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 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 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 12.38 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