(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 2025-02-20 View latest technical analysis
10 day averaged volume of Elgi Equip is 20333
| Date | Daily Closing Price | Open | High | Low | Volume |
| 20 Thu Feb 2025 | 480.40 | 483.05 | 493.55 | 472.30 | 0.379 times |
| 19 Wed Feb 2025 | 474.80 | 461.95 | 484.10 | 456.55 | 0.963 times |
| 18 Tue Feb 2025 | 472.10 | 485.85 | 488.30 | 466.85 | 0.368 times |
| 17 Mon Feb 2025 | 485.05 | 496.65 | 496.65 | 468.50 | 1.303 times |
| 14 Fri Feb 2025 | 491.55 | 540.00 | 540.00 | 485.80 | 0.409 times |
| 13 Thu Feb 2025 | 529.00 | 547.05 | 553.20 | 521.95 | 0.374 times |
| 12 Wed Feb 2025 | 550.20 | 535.20 | 574.85 | 535.20 | 3.187 times |
| 11 Tue Feb 2025 | 536.40 | 538.00 | 538.00 | 522.00 | 2.693 times |
| 10 Mon Feb 2025 | 547.45 | 588.95 | 588.95 | 544.00 | 0.14 times |
| 07 Fri Feb 2025 | 557.05 | 560.25 | 566.05 | 555.05 | 0.26 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 498, but if it comes above 498, then a intra day buy could be more profitable.
If you take a sell trade below 498, then use 498 as stoploss and 464.9 as target. However if you take a buy trade in stock , then use 498 as stoploss and 525.58 as target.
Share price targets for Elgi Equip (ElgiEquip)
| Target Type | Value |
| Downside Target | 456.55 |
| Upside Target | 485.80 |
| Upside Target | 496.65 |
| Upside Target | 513.30 |
| Upside Target | 526.55 |
| Upside Target | 560.15 |
| Upside Target | 588.15 |
| Upside Target | 588.95 |
| Upside Target | 589.95 |
| Upside Target | 669.00 |
| Upside Target | 676.90 |
| Upside Target | 698.30 |
Intraday share price targets for Elgi Equip (ElgiEquip)
| Target Type | Value |
| Downside Intraday Target | 459.08 |
| Downside Intraday Target | 437.77 |
| Upside Intraday Target | 499.18 |
| Upside Intraday Target | 517.97 |
| Downside Intraday Target | 477.87 |
Weekly technical analysis of Elgi Equip (ElgiEquip)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 20 Thu Feb 2025 | 480.40 | 496.65 | 496.65 | 456.55 | 0.443 times |
| 14 Fri Feb 2025 | 491.55 | 588.95 | 588.95 | 485.80 | 3.594 times |
| 07 Fri Feb 2025 | 557.05 | 541.55 | 567.00 | 534.35 | 1.169 times |
| 31 Fri Jan 2025 | 540.25 | 530.30 | 543.85 | 514.50 | 0.63 times |
| 24 Fri Jan 2025 | 541.10 | 532.00 | 569.00 | 526.55 | 1.784 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 |
| 20 Thu Feb 2025 | 480.40 | 541.55 | 588.95 | 456.55 | 1.514 times |
| 31 Fri Jan 2025 | 540.25 | 574.65 | 589.95 | 513.30 | 1.177 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 |
Scroll below to view daily charts
Price has moved down this month, and volume has increased substantially. This means that the move can 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 SELL signal for Elgi Equip in short term and the sell signal is strong.
Elgi Equip Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
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 SELL signal in short term and selling is picking up 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 522.38 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 SELL signal for Elgi Equip in short term and the sell signal is strong.
Elgi Equip Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
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 SELL signal in short term and selling is picking up 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 522.38 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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