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(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 2025-05-13 View latest technical analysis

10 day averaged volume of Elgi Equip is 14229

Date Daily Closing Price Open High Low Volume
13 Tue May 2025 461.65 469.85 471.95 457.50 0.951 times
12 Mon May 2025 463.70 446.05 467.00 446.05 1.286 times
09 Fri May 2025 440.45 430.70 445.05 430.70 0.844 times
08 Thu May 2025 449.40 464.25 464.25 447.40 0.827 times
07 Wed May 2025 457.30 440.90 462.00 433.90 1.579 times
06 Tue May 2025 440.90 466.95 466.95 439.30 0.635 times
05 Mon May 2025 457.65 450.00 459.80 448.05 0.734 times
02 Fri May 2025 450.00 440.60 452.70 440.60 1.36 times
30 Wed Apr 2025 445.75 461.90 461.90 442.55 0.894 times
29 Tue Apr 2025 461.90 463.70 467.55 459.00 0.828 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 464.6 as stoploss in an intra day sell trade for a target of 449.29. However, stock will show a bullish move above 464.6.

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 471.95
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 447.82
Downside Intraday Target 433.98
Upside Intraday Target 473.72
Upside Intraday Target 485.78
Downside Intraday Target 459.88

Weekly technical analysis of Elgi Equip (ElgiEquip)

Date Weekly Closing Price Open High Low Volume
13 Tue May 2025 461.65 446.05 471.95 446.05 0.484 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
13 Tue May 2025 461.65 440.60 471.95 430.70 0.267 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 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 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 to mid 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 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 BUY. 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. Bulls are getting stronger in this stock.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down

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 453.78 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 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 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 to mid 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 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 BUY. 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. Bulls are getting stronger in this stock.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down

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 453.78 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 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.

Click here for Elgi Equip charts

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Daily charts

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