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(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 2024-10-28 View latest technical analysis

10 day averaged volume of Elango Indus is 708

Date	Daily Closing Price	Open	High	Low	Volume
28 Mon Oct 2024	12.48	11.57	12.48	11.57	1.695 times
25 Fri Oct 2024	11.92	11.92	11.92	11.92	3.483 times
24 Thu Oct 2024	11.36	10.82	11.36	10.82	0.227 times
23 Wed Oct 2024	10.82	11.15	11.15	10.82	0.017 times
22 Tue Oct 2024	10.62	11.17	11.17	10.62	0.589 times
21 Mon Oct 2024	11.17	11.17	11.17	11.17	0.579 times
18 Fri Oct 2024	11.75	12.95	12.95	11.75	1.411 times
17 Thu Oct 2024	12.36	13.66	13.66	12.36	1.599 times
16 Wed Oct 2024	13.01	13.01	13.01	13.01	0.028 times
15 Tue Oct 2024	13.69	13.82	13.82	13.69	2.062 times

My analysis of stock is bullish for shortterm, and stock might move up till 13.2 or till 14.2. Use a stoploss of 12.31 and if this stock hits its stoploss, then it can fall down till 11.45

Share price targets for Elango Indus (ElangoIndus)

Target Type	Value
Downside Target	9.12
Downside Target	10.13
Downside Target	10.62
Downside Target	10.90
Downside Target	11.42
Downside Target	12.48
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	11.87
Downside Intraday Target	11.27
Upside Intraday Target	12.78
Upside Intraday Target	13.09
Downside Intraday Target	12.18

Weekly technical analysis of Elango Indus (ElangoIndus)

Date	Weekly Closing Price	Open	High	Low	Volume
28 Mon Oct 2024	12.48	11.57	12.48	11.57	0.346 times
25 Fri Oct 2024	11.92	11.17	11.92	10.62	0.959 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

Price has moved up 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
28 Mon Oct 2024	12.48	13.74	13.82	10.62	1.172 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 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 BUY. Signal strength is Weak and stock is gaining momentum.

MACD generated a SELL signal for Elango Indus in short term and the sell signal is strong.

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 and BUY signal is strong.

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in negative zone. This is the SELL 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 12.24 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 rising upwards.

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 positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.