(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 2024-09-09 View latest technical analysis
10 day averaged volume of Elgi Equip is 18391
| Date | Daily Closing Price | Open | High | Low | Volume |
| 09 Mon Sep 2024 | 710.85 | 705.00 | 714.00 | 687.70 | 0.382 times |
| 06 Fri Sep 2024 | 707.95 | 707.00 | 718.35 | 704.25 | 0.219 times |
| 05 Thu Sep 2024 | 707.55 | 700.05 | 725.35 | 687.45 | 0.383 times |
| 04 Wed Sep 2024 | 698.55 | 686.75 | 715.05 | 686.75 | 0.336 times |
| 03 Tue Sep 2024 | 700.05 | 704.40 | 709.15 | 697.30 | 0.635 times |
| 02 Mon Sep 2024 | 702.85 | 694.55 | 705.30 | 687.80 | 0.772 times |
| 30 Fri Aug 2024 | 694.50 | 713.20 | 715.05 | 691.00 | 0.537 times |
| 29 Thu Aug 2024 | 712.70 | 721.00 | 721.45 | 708.00 | 0.862 times |
| 28 Wed Aug 2024 | 723.05 | 719.20 | 729.35 | 713.80 | 1.106 times |
| 27 Tue Aug 2024 | 721.55 | 719.60 | 726.70 | 712.75 | 0.643 times |
My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 717.2 as stoploss in an intra day sell trade for a target of 673.53. However, stock will show a bullish move above 717.2.
Share price targets for Elgi Equip (ElgiEquip)
| Target Type | Value |
| Downside Target | 541.85 |
| Downside Target | 588.85 |
| Downside Target | 605.00 |
| Downside Target | 632.00 |
| Downside Target | 652.15 |
| Downside Target | 671.35 |
| Downside Target | 686.75 |
| Downside Target | 709.10 |
| Upside Target | 725.35 |
| Upside Target | 729.35 |
| Upside Target | 737.90 |
| Upside Target | 763.25 |
| Upside Target | 774.00 |
Intraday share price targets for Elgi Equip (ElgiEquip)
| Target Type | Value |
| Downside Intraday Target | 694.37 |
| Downside Intraday Target | 677.88 |
| Upside Intraday Target | 720.67 |
| Upside Intraday Target | 730.48 |
| Downside Intraday Target | 704.18 |
Weekly technical analysis of Elgi Equip (ElgiEquip)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 09 Mon Sep 2024 | 710.85 | 705.00 | 714.00 | 687.70 | 0.163 times |
| 06 Fri Sep 2024 | 707.95 | 694.55 | 725.35 | 686.75 | 0.306 times |
| 30 Fri Aug 2024 | 694.50 | 695.35 | 729.35 | 691.00 | 0.683 times |
| 23 Fri Aug 2024 | 693.60 | 610.00 | 709.10 | 605.00 | 6.214 times |
| 16 Fri Aug 2024 | 599.95 | 620.00 | 632.00 | 592.70 | 0.561 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 Elgi Equip (ElgiEquip)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 09 Mon Sep 2024 | 710.85 | 694.55 | 725.35 | 686.75 | 0.102 times |
| 30 Fri Aug 2024 | 694.50 | 696.05 | 737.90 | 592.70 | 0.284 times |
| 31 Wed Jul 2024 | 693.35 | 732.35 | 763.25 | 652.15 | 3.658 times |
| 28 Fri Jun 2024 | 717.95 | 625.05 | 774.00 | 541.85 | 1.535 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 neutral. A longer time frame might give a better analysis.
Price action analysis of Elgi Equip ( (ElgiEquip) ) 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 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 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 Elgi Equip stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a BUY signal for Elgi Equip in short term and the buy signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Elgi Equip 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. Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up
CCI has generated a SELL signal for Elgi Equip 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
Although the stock is in the BUY zone, but buying might be slowing down
Stock of Elgi Equip is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 709.85 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 falling down
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 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.
Price action analysis of Elgi Equip ( (ElgiEquip) ) based on a short term time period is neutral. A longer time frame might give a better analysis.
Price action analysis of Elgi Equip ( (ElgiEquip) ) 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 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 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 Elgi Equip stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a BUY signal for Elgi Equip in short term and the buy signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Elgi Equip 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. Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up
CCI has generated a SELL signal for Elgi Equip 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
Although the stock is in the BUY zone, but buying might be slowing down
Stock of Elgi Equip is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 709.85 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 falling down
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 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.
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