(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 2025-01-30 View latest technical analysis
10 day averaged volume of Elgi Equip is 7817
| Date | Daily Closing Price | Open | High | Low | Volume |
| 30 Thu Jan 2025 | 530.45 | 532.10 | 540.00 | 524.80 | 0.67 times |
| 29 Wed Jan 2025 | 525.55 | 523.55 | 530.15 | 522.40 | 0.821 times |
| 28 Tue Jan 2025 | 526.80 | 525.05 | 530.00 | 514.50 | 0.402 times |
| 27 Mon Jan 2025 | 531.05 | 530.30 | 535.55 | 522.00 | 1.07 times |
| 24 Fri Jan 2025 | 541.10 | 554.65 | 554.65 | 531.50 | 0.686 times |
| 23 Thu Jan 2025 | 547.65 | 537.50 | 558.30 | 537.50 | 1.741 times |
| 22 Wed Jan 2025 | 563.95 | 549.95 | 569.00 | 529.10 | 2.445 times |
| 21 Tue Jan 2025 | 528.15 | 554.95 | 554.95 | 526.55 | 0.772 times |
| 20 Mon Jan 2025 | 546.75 | 532.00 | 550.00 | 531.95 | 1.039 times |
| 17 Fri Jan 2025 | 531.90 | 534.40 | 535.90 | 524.45 | 0.46 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 527.1 as stoploss in an intra day buy trade for a target of 546.56. However, stock will show a bearish move below 527.1.
Share price targets for Elgi Equip (ElgiEquip)
| Target Type | Value |
| Downside Target | 513.30 |
| Downside Target | 526.55 |
| Upside Target | 540.00 |
| Upside Target | 560.00 |
| Upside Target | 588.15 |
| Upside Target | 589.95 |
| 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 | 516.63 |
| Downside Intraday Target | 502.82 |
| Upside Intraday Target | 542.13 |
| Upside Intraday Target | 553.82 |
| Downside Intraday Target | 528.32 |
Weekly technical analysis of Elgi Equip (ElgiEquip)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 30 Thu Jan 2025 | 530.45 | 530.30 | 540.00 | 514.50 | 0.443 times |
| 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 |
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 |
| 30 Thu Jan 2025 | 530.45 | 574.65 | 589.95 | 513.30 | 1.104 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Elgi Equip ( (ElgiEquip) ) 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 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 Weak 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 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 moving up
CCI has generated a buy signal for Elgi Equip in short term but BUY 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
Although the stock is in the SELL zone, but selling 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 543.33 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Elgi Equip ( (ElgiEquip) ) 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 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 Weak 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 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 moving up
CCI has generated a buy signal for Elgi Equip in short term but BUY 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
Although the stock is in the SELL zone, but selling 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 543.33 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.
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