(ElgiEquip) Elgi Equip complete technical analysis [charts+indicators] | Buy/Sell Elgi Equip | (ElgiEquip) share price targets
Complete technical analysis of Elgi Equip (ElgiEquip) by charts plus indicators, forecast predictions and share price targets for Elgi Equip (ElgiEquip)
Showing technical analysis as on 2024-04-08 View latest technical analysis
10 day averaged volume of Elgi Equip is 35640
| Date | Daily Closing Price | Open | High | Low | Volume |
| 08 Mon Apr 2024 | 633.30 | 640.05 | 648.85 | 630.15 | 0.53 times |
| 05 Fri Apr 2024 | 647.75 | 647.75 | 669.10 | 635.95 | 1.335 times |
| 04 Thu Apr 2024 | 653.70 | 595.00 | 668.15 | 592.95 | 4.789 times |
| 03 Wed Apr 2024 | 589.15 | 590.95 | 595.20 | 584.70 | 0.328 times |
| 02 Tue Apr 2024 | 590.30 | 599.45 | 599.45 | 588.30 | 0.376 times |
| 01 Mon Apr 2024 | 592.35 | 612.90 | 612.90 | 589.45 | 0.252 times |
| 28 Thu Mar 2024 | 601.45 | 580.40 | 605.00 | 579.20 | 1.519 times |
| 27 Wed Mar 2024 | 579.20 | 570.05 | 589.50 | 570.05 | 0.391 times |
| 26 Tue Mar 2024 | 580.50 | 593.00 | 593.00 | 578.60 | 0.24 times |
| 22 Fri Mar 2024 | 589.05 | 595.00 | 600.00 | 583.80 | 0.302 times |
My analysis of stock is bullish for shortterm, and stock might move up till 653 or till 692. Use a stoploss of 620.55 and if this stock hits its stoploss, then it can fall down till 588.07
Share price targets for Elgi Equip (ElgiEquip)
| Target Type | Value |
| Downside Target | 503.05 |
| Downside Target | 525.00 |
| Downside Target | 554.60 |
| Downside Target | 570.05 |
| Downside Target | 582.85 |
| Downside Target | 603.95 |
| Downside Target | 630.15 |
| Upside Target | 648.85 |
| Upside Target | 669.10 |
| Upside Target | 703.40 |
| Upside Target | 712.00 |
| Upside Target | 714.50 |
Intraday share price targets for Elgi Equip (ElgiEquip)
| Target Type | Value |
| Downside Intraday Target | 626.02 |
| Downside Intraday Target | 618.73 |
| Upside Intraday Target | 644.72 |
| Upside Intraday Target | 656.13 |
| Upside Intraday Target | 637.43 |
Weekly technical analysis of Elgi Equip (ElgiEquip)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 08 Mon Apr 2024 | 633.30 | 640.05 | 648.85 | 630.15 | 0.075 times |
| 05 Fri Apr 2024 | 647.75 | 612.90 | 669.10 | 584.70 | 3.294 times |
| 28 Thu Mar 2024 | 601.45 | 593.00 | 605.00 | 570.05 | 1.635 times |
| 22 Fri Mar 2024 | 589.05 | 636.65 | 636.65 | 583.80 | 0.488 times |
| 15 Fri Mar 2024 | 632.60 | 703.40 | 712.00 | 603.95 | 0.771 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 Elgi Equip (ElgiEquip)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 08 Mon Apr 2024 | 633.30 | 612.90 | 669.10 | 584.70 | 0.665 times |
| 28 Thu Mar 2024 | 601.45 | 650.55 | 714.50 | 570.05 | 0.643 times |
| 29 Thu Feb 2024 | 650.50 | 615.00 | 703.40 | 582.85 | 1.902 times |
| 31 Wed Jan 2024 | 614.30 | 543.90 | 616.95 | 525.00 | 0.954 times |
Scroll below to view daily charts
Price has moved up 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 Elgi Equip (ElgiEquip)
Price action analysis of Elgi Equip ( (ElgiEquip) ) based on a short 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 Elgi Equip ( (ElgiEquip) ) based on a short 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 Elgi Equip ( (ElgiEquip) ) 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 Elgi Equip ( (ElgiEquip) ) 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 Elgi Equip stock for short term is BUY. Signal strength is Strong and stock is losing momentum.
MACD generated a BUY signal for Elgi Equip in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Elgi Equip Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls 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 Elgi Equip in short term but SELL signal is weak.
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in negative zone. This is the SELL zone
Stock of Elgi Equip is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 631.36 and Elgi Equip (ElgiEquip) 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 Elgi Equip (ElgiEquip) stock. Volume based technical analysis of Elgi Equip (ElgiEquip) stock is negative.
Elgi Equip Stock is giving positive 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.
Price action analysis of Elgi Equip ( (ElgiEquip) ) based on a short 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 Elgi Equip ( (ElgiEquip) ) based on a short 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 Elgi Equip ( (ElgiEquip) ) 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 Elgi Equip ( (ElgiEquip) ) 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 Elgi Equip stock for short term is BUY. Signal strength is Strong and stock is losing momentum.
MACD generated a BUY signal for Elgi Equip in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Elgi Equip Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls 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 Elgi Equip in short term but SELL signal is weak.
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in negative zone. This is the SELL zone
Stock of Elgi Equip is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 631.36 and Elgi Equip (ElgiEquip) 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 Elgi Equip (ElgiEquip) stock. Volume based technical analysis of Elgi Equip (ElgiEquip) stock is negative.
Elgi Equip Stock is giving positive 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.
Click here for Elgi Equip charts
Click here for further forecast and predictions for tomorrow