(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 2025-03-12 View latest technical analysis
10 day averaged volume of Elgi Equip is 11394
| Date | Daily Closing Price | Open | High | Low | Volume |
| 12 Wed Mar 2025 | 426.25 | 434.55 | 437.15 | 424.05 | 0.6 times |
| 11 Tue Mar 2025 | 431.85 | 429.25 | 434.55 | 423.90 | 0.61 times |
| 10 Mon Mar 2025 | 435.10 | 469.80 | 469.80 | 432.40 | 0.877 times |
| 07 Fri Mar 2025 | 455.00 | 450.00 | 474.10 | 436.05 | 2.942 times |
| 06 Thu Mar 2025 | 440.05 | 449.95 | 449.95 | 438.60 | 0.952 times |
| 05 Wed Mar 2025 | 440.20 | 442.45 | 444.00 | 432.50 | 0.887 times |
| 04 Tue Mar 2025 | 432.50 | 424.95 | 438.95 | 419.20 | 1.136 times |
| 03 Mon Mar 2025 | 420.05 | 420.05 | 434.40 | 412.80 | 1.377 times |
| 28 Fri Feb 2025 | 428.25 | 440.00 | 449.50 | 427.00 | 0.357 times |
| 27 Thu Feb 2025 | 452.80 | 470.00 | 470.00 | 445.20 | 0.627 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 429.2, but if it comes above 429.2, then a intra day buy could be more profitable.
If you take a sell trade below 429.2, then use 429.2 as stoploss and 389.2 as target. However if you take a buy trade in stock , then use 429.2 as stoploss and 462.61 as target.
Share price targets for Elgi Equip (ElgiEquip)
| Target Type | Value |
| Downside Target | 412.80 |
| Downside Target | 423.90 |
| Upside Target | 456.55 |
| Upside Target | 469.80 |
| Upside Target | 485.80 |
| Upside Target | 496.65 |
| Upside Target | 513.30 |
| Upside Target | 545.05 |
| Upside Target | 560.15 |
| Upside Target | 588.95 |
| Upside Target | 589.95 |
| Upside Target | 669.00 |
| Upside Target | 676.90 |
Intraday share price targets for Elgi Equip (ElgiEquip)
| Target Type | Value |
| Downside Intraday Target | 410.17 |
| Downside Intraday Target | 394.08 |
| Upside Intraday Target | 456.07 |
| Upside Intraday Target | 485.88 |
| Upside Intraday Target | 439.98 |
Weekly technical analysis of Elgi Equip (ElgiEquip)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 12 Wed Mar 2025 | 426.25 | 469.80 | 469.80 | 423.90 | 0.286 times |
| 07 Fri Mar 2025 | 455.00 | 420.05 | 474.10 | 412.80 | 3.994 times |
| 28 Fri Feb 2025 | 428.25 | 471.60 | 476.00 | 427.00 | 0.303 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 |
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 |
| 12 Wed Mar 2025 | 426.25 | 420.05 | 474.10 | 412.80 | 0.401 times |
| 28 Fri Feb 2025 | 428.25 | 541.55 | 588.95 | 427.00 | 1.694 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 |
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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 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.
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 BUY signal in short term and the buying is gaining 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 439.48 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 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.
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 BUY signal in short term and the buying is gaining 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 439.48 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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