(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 2025-06-16 View latest technical analysis
10 day averaged volume of Elgi Equip is 28573
| Date | Daily Closing Price | Open | High | Low | Volume |
| 16 Mon Jun 2025 | 531.20 | 530.70 | 543.40 | 521.90 | 0.475 times |
| 13 Fri Jun 2025 | 535.80 | 523.65 | 538.75 | 516.00 | 0.429 times |
| 12 Thu Jun 2025 | 530.10 | 538.50 | 563.00 | 526.95 | 2.274 times |
| 11 Wed Jun 2025 | 526.15 | 531.25 | 531.30 | 522.05 | 0.155 times |
| 10 Tue Jun 2025 | 531.20 | 534.50 | 538.80 | 530.05 | 0.205 times |
| 09 Mon Jun 2025 | 533.35 | 529.05 | 538.55 | 529.05 | 0.274 times |
| 06 Fri Jun 2025 | 529.00 | 534.55 | 537.20 | 528.05 | 0.65 times |
| 05 Thu Jun 2025 | 534.75 | 537.70 | 541.75 | 530.65 | 0.547 times |
| 04 Wed Jun 2025 | 534.20 | 527.65 | 538.60 | 527.65 | 0.559 times |
| 03 Tue Jun 2025 | 528.20 | 540.00 | 540.00 | 525.30 | 1.254 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 537.8 as stoploss in an intra day sell trade for a target of 512.97. However, stock will show a bullish move above 537.8.
Share price targets for Elgi Equip (ElgiEquip)
| Target Type | Value |
| Downside Target | 401.00 |
| Downside Target | 412.80 |
| Downside Target | 427.00 |
| Downside Target | 467.55 |
| Downside Target | 489.40 |
| Downside Target | 516.00 |
| Upside Target | 543.40 |
| Upside Target | 544.95 |
| Upside Target | 548.00 |
| Upside Target | 563.00 |
| Upside Target | 588.95 |
Intraday share price targets for Elgi Equip (ElgiEquip)
| Target Type | Value |
| Downside Intraday Target | 520.93 |
| Downside Intraday Target | 510.67 |
| Upside Intraday Target | 542.43 |
| Upside Intraday Target | 553.67 |
| Upside Intraday Target | 532.17 |
Weekly technical analysis of Elgi Equip (ElgiEquip)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 16 Mon Jun 2025 | 531.20 | 530.70 | 543.40 | 521.90 | 0.142 times |
| 13 Fri Jun 2025 | 535.80 | 529.05 | 563.00 | 516.00 | 0.501 times |
| 06 Fri Jun 2025 | 529.00 | 535.35 | 544.95 | 525.30 | 0.372 times |
| 30 Fri May 2025 | 535.30 | 478.60 | 548.00 | 476.00 | 8.328 times |
| 23 Fri May 2025 | 476.60 | 479.15 | 489.40 | 467.55 | 0.528 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 |
| 16 Mon Jun 2025 | 531.20 | 535.35 | 563.00 | 516.00 | 0.386 times |
| 30 Fri May 2025 | 535.30 | 440.60 | 548.00 | 430.70 | 1.772 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 |
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 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 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 to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Elgi Equip ( (ElgiEquip) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for Elgi Equip stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a BUY signal for Elgi Equip in short term and the buy signal is strong.
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 getting stronger in this stock.
Ichimoku cloud is of green color and prices are above the green 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
Although the stock is in the BUY zone, but buying 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 530.86 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 positive
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 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 to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Elgi Equip ( (ElgiEquip) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for Elgi Equip stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a BUY signal for Elgi Equip in short term and the buy signal is strong.
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 getting stronger in this stock.
Ichimoku cloud is of green color and prices are above the green 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
Although the stock is in the BUY zone, but buying 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 530.86 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
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