(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 2025-04-16 View latest technical analysis
10 day averaged volume of Elgi Equip is 27591
| Date | Daily Closing Price | Open | High | Low | Volume |
| 16 Wed Apr 2025 | 440.80 | 450.95 | 455.70 | 439.35 | 0.999 times |
| 15 Tue Apr 2025 | 449.50 | 428.95 | 457.70 | 424.20 | 2.55 times |
| 11 Fri Apr 2025 | 422.35 | 419.05 | 431.60 | 402.40 | 2.024 times |
| 09 Wed Apr 2025 | 402.45 | 428.50 | 428.50 | 401.00 | 0.334 times |
| 08 Tue Apr 2025 | 417.90 | 425.05 | 436.55 | 412.10 | 0.811 times |
| 04 Fri Apr 2025 | 447.25 | 490.70 | 490.70 | 441.00 | 0.686 times |
| 02 Wed Apr 2025 | 482.25 | 478.25 | 490.15 | 471.45 | 0.362 times |
| 01 Tue Apr 2025 | 478.55 | 481.05 | 486.30 | 475.00 | 0.508 times |
| 28 Fri Mar 2025 | 482.90 | 484.10 | 499.70 | 479.25 | 0.972 times |
| 26 Wed Mar 2025 | 489.25 | 501.60 | 503.65 | 486.00 | 0.631 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 432.2 as stoploss in an intra day buy trade for a target of 466.57. However, stock will show a bearish move below 432.2.
Share price targets for Elgi Equip (ElgiEquip)
| Target Type | Value |
| Downside Target | 401.00 |
| Downside Target | 412.80 |
| Downside Target | 424.20 |
| Downside Target | 436.55 |
| Upside Target | 457.70 |
| Upside Target | 479.25 |
| Upside Target | 490.70 |
| Upside Target | 513.30 |
| Upside Target | 527.25 |
| Upside Target | 560.15 |
| Upside Target | 588.95 |
| Upside Target | 589.95 |
| Upside Target | 669.00 |
Intraday share price targets for Elgi Equip (ElgiEquip)
| Target Type | Value |
| Downside Intraday Target | 424.1 |
| Downside Intraday Target | 407.4 |
| Upside Intraday Target | 457.6 |
| Upside Intraday Target | 474.4 |
| Upside Intraday Target | 440.9 |
Weekly technical analysis of Elgi Equip (ElgiEquip)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 16 Wed Apr 2025 | 440.80 | 428.95 | 457.70 | 424.20 | 1.12 times |
| 11 Fri Apr 2025 | 422.35 | 425.05 | 436.55 | 401.00 | 2.037 times |
| 04 Fri Apr 2025 | 447.25 | 481.05 | 490.70 | 441.00 | 0.386 times |
| 28 Fri Mar 2025 | 482.90 | 495.65 | 516.30 | 479.25 | 0.088 times |
| 21 Fri Mar 2025 | 492.80 | 451.55 | 527.25 | 439.95 | 14.514 times |
Price has moved up 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 |
| 16 Wed Apr 2025 | 440.80 | 481.05 | 490.70 | 401.00 | 0.147 times |
| 28 Fri Mar 2025 | 482.90 | 420.05 | 527.25 | 412.80 | 5.826 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 |
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 buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 gaining momentum.
MACD generated a SELL signal for Elgi Equip in short term and the sell signal is strong.
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. 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 coming down
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 and the buying is gaining momentum.
MRSI is in positive zone. This is a BUY 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 447.23 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 buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 gaining momentum.
MACD generated a SELL signal for Elgi Equip in short term and the sell signal is strong.
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. 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 coming down
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 and the buying is gaining momentum.
MRSI is in positive zone. This is a BUY 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 447.23 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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