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(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 2025-01-24 View latest technical analysis

10 day averaged volume of Elgi Equip is 8063

Date Daily Closing Price Open High Low Volume
24 Fri Jan 2025 541.10 554.65 554.65 531.50 0.666 times
23 Thu Jan 2025 547.65 537.50 558.30 537.50 1.688 times
22 Wed Jan 2025 563.95 549.95 569.00 529.10 2.371 times
21 Tue Jan 2025 528.15 554.95 554.95 526.55 0.748 times
20 Mon Jan 2025 546.75 532.00 550.00 531.95 1.007 times
17 Fri Jan 2025 531.90 534.40 535.90 524.45 0.446 times
16 Thu Jan 2025 533.90 529.40 541.55 529.40 0.546 times
15 Wed Jan 2025 524.80 534.00 540.90 513.30 1.27 times
14 Tue Jan 2025 533.55 540.55 540.55 522.70 0.598 times
13 Mon Jan 2025 529.95 566.50 566.55 526.75 0.773 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 536 as stoploss in an intra day buy trade for a target of 555.66. However, stock will show a bearish move below 536.

Share price targets for Elgi Equip (ElgiEquip)

Target Type Value
Downside Target 513.30
Downside Target 526.55
Upside Target 545.05
Upside Target 560.00
Upside Target 588.15
Upside Target 589.95
Upside Target 603.80
Upside Target 662.00
Upside Target 669.00
Upside Target 676.90
Upside Target 698.30
Upside Target 752.30

Intraday share price targets for Elgi Equip (ElgiEquip)

Target Type Value
Downside Intraday Target 522.1
Downside Intraday Target 503.1
Upside Intraday Target 564.55
Upside Intraday Target 588
Upside Intraday Target 545.55

Weekly technical analysis of Elgi Equip (ElgiEquip)

Date Weekly Closing Price Open High Low Volume
24 Fri Jan 2025 541.10 532.00 569.00 526.55 1.784 times
17 Fri Jan 2025 531.90 566.50 566.55 513.30 1.211 times
10 Fri Jan 2025 564.80 589.95 589.95 560.00 0.815 times
03 Fri Jan 2025 576.30 573.00 588.20 560.15 1.759 times
27 Fri Dec 2024 573.00 600.75 603.80 569.80 0.358 times

Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Elgi Equip (ElgiEquip)

Date Monthly Closing Price Open High Low Volume
24 Fri Jan 2025 541.10 574.65 589.95 513.30 0.931 times
31 Tue Dec 2024 577.75 652.65 669.00 560.15 0.473 times
29 Fri Nov 2024 640.00 652.05 676.90 545.05 1.526 times
31 Thu Oct 2024 664.20 679.05 698.30 588.15 0.66 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 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 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 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 Strong and stock is gaining 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 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 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 and the buying is gaining 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 543.01 and Elgi Equip (ElgiEquip) 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 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 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 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 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 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 Strong and stock is gaining 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 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 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 and the buying is gaining 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 543.01 and Elgi Equip (ElgiEquip) 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 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 negative.

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

Daily charts

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