(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 2025-05-12 View latest technical analysis
10 day averaged volume of Elgi Equip is 13835
| Date | Daily Closing Price | Open | High | Low | Volume |
| 12 Mon May 2025 | 463.70 | 446.05 | 467.00 | 446.05 | 1.322 times |
| 09 Fri May 2025 | 440.45 | 430.70 | 445.05 | 430.70 | 0.868 times |
| 08 Thu May 2025 | 449.40 | 464.25 | 464.25 | 447.40 | 0.85 times |
| 07 Wed May 2025 | 457.30 | 440.90 | 462.00 | 433.90 | 1.624 times |
| 06 Tue May 2025 | 440.90 | 466.95 | 466.95 | 439.30 | 0.653 times |
| 05 Mon May 2025 | 457.65 | 450.00 | 459.80 | 448.05 | 0.755 times |
| 02 Fri May 2025 | 450.00 | 440.60 | 452.70 | 440.60 | 1.398 times |
| 30 Wed Apr 2025 | 445.75 | 461.90 | 461.90 | 442.55 | 0.919 times |
| 29 Tue Apr 2025 | 461.90 | 463.70 | 467.55 | 459.00 | 0.852 times |
| 28 Mon Apr 2025 | 463.65 | 455.70 | 465.30 | 448.65 | 1.044 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 463.6, but if it comes below 463.6, then a intra day sell could be more profitable.
If you take a sell trade below 463.6, then use 463.6 as stoploss and 447.11 as target. However if you take a buy trade in stock , then use 463.6 as stoploss and 483.4 as target.
Share price targets for Elgi Equip (ElgiEquip)
| Target Type | Value |
| Downside Target | 401.00 |
| Downside Target | 412.80 |
| Downside Target | 424.20 |
| Downside Target | 457.70 |
| Upside Target | 466.95 |
| Upside Target | 467.55 |
| Upside Target | 485.90 |
| Upside Target | 490.70 |
| Upside Target | 513.30 |
| Upside Target | 527.25 |
| Upside Target | 588.95 |
| Upside Target | 589.95 |
Intraday share price targets for Elgi Equip (ElgiEquip)
| Target Type | Value |
| Downside Intraday Target | 450.83 |
| Downside Intraday Target | 437.97 |
| Upside Intraday Target | 471.78 |
| Upside Intraday Target | 479.87 |
| Downside Intraday Target | 458.92 |
Weekly technical analysis of Elgi Equip (ElgiEquip)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 12 Mon May 2025 | 463.70 | 446.05 | 467.00 | 446.05 | 0.278 times |
| 09 Fri May 2025 | 440.45 | 450.00 | 466.95 | 430.70 | 1.128 times |
| 02 Fri May 2025 | 450.00 | 455.70 | 467.55 | 440.60 | 0.435 times |
| 25 Fri Apr 2025 | 453.10 | 441.00 | 485.90 | 436.90 | 0.999 times |
| 17 Thu Apr 2025 | 440.25 | 428.95 | 457.70 | 424.20 | 1.532 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 |
| 12 Mon May 2025 | 463.70 | 440.60 | 467.00 | 430.70 | 0.236 times |
| 30 Wed Apr 2025 | 445.75 | 481.05 | 490.70 | 401.00 | 0.282 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 |
Scroll below to view daily charts
Price has moved up 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 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 to mid 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 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 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 in or above the red cloud Prices appear to be moving up
CCI has generated a buy signal for Elgi Equip in short term and BUY 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
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 454.03 and Elgi Equip (ElgiEquip) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
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 is giving positive 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 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 to mid 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 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 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 in or above the red cloud Prices appear to be moving up
CCI has generated a buy signal for Elgi Equip in short term and BUY 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
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 454.03 and Elgi Equip (ElgiEquip) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
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 is giving positive 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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