(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 2025-02-27 View latest technical analysis
10 day averaged volume of Elgi Equip is 15897
| Date | Daily Closing Price | Open | High | Low | Volume |
| 27 Thu Feb 2025 | 452.80 | 470.00 | 470.00 | 445.20 | 0.45 times |
| 25 Tue Feb 2025 | 463.75 | 470.50 | 472.25 | 460.80 | 0.168 times |
| 24 Mon Feb 2025 | 466.45 | 471.60 | 476.00 | 462.30 | 0.435 times |
| 21 Fri Feb 2025 | 476.85 | 488.00 | 490.10 | 471.50 | 0.465 times |
| 20 Thu Feb 2025 | 480.40 | 483.05 | 493.55 | 472.30 | 0.485 times |
| 19 Wed Feb 2025 | 474.80 | 461.95 | 484.10 | 456.55 | 1.231 times |
| 18 Tue Feb 2025 | 472.10 | 485.85 | 488.30 | 466.85 | 0.471 times |
| 17 Mon Feb 2025 | 485.05 | 496.65 | 496.65 | 468.50 | 1.667 times |
| 14 Fri Feb 2025 | 491.55 | 540.00 | 540.00 | 485.80 | 0.523 times |
| 13 Thu Feb 2025 | 529.00 | 547.05 | 553.20 | 521.95 | 0.479 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 476, but if it comes above 476, then a intra day buy could be more profitable.
If you take a sell trade below 476, then use 476 as stoploss and 432.4 as target. However if you take a buy trade in stock , then use 476 as stoploss and 512.35 as target.
Share price targets for Elgi Equip (ElgiEquip)
| Target Type | Value |
| Downside Target | 445.20 |
| Upside Target | 456.55 |
| Upside Target | 476.00 |
| Upside Target | 485.80 |
| Upside Target | 496.65 |
| Upside Target | 513.30 |
| Upside Target | 534.35 |
| 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 | 440 |
| Downside Intraday Target | 427.2 |
| Upside Intraday Target | 470.8 |
| Upside Intraday Target | 488.8 |
| Upside Intraday Target | 458 |
Weekly technical analysis of Elgi Equip (ElgiEquip)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 27 Thu Feb 2025 | 452.80 | 471.60 | 476.00 | 445.20 | 0.244 times |
| 21 Fri Feb 2025 | 476.85 | 496.65 | 496.65 | 456.55 | 0.496 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 |
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 |
| 27 Thu Feb 2025 | 452.80 | 541.55 | 588.95 | 445.20 | 1.668 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 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 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 Strong and stock is gaining 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 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 and SELL signal is strong!
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 480.89 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 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 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 Strong and stock is gaining 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 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 and SELL signal is strong!
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 480.89 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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