(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)
10 day averaged volume of Elgi Equip is 8199
| Date | Daily Closing Price | Open | High | Low | Volume |
| 29 Wed Jan 2025 | 525.55 | 523.55 | 530.15 | 522.40 | 0.782 times |
| 28 Tue Jan 2025 | 526.80 | 525.05 | 530.00 | 514.50 | 0.384 times |
| 27 Mon Jan 2025 | 531.05 | 530.30 | 535.55 | 522.00 | 1.02 times |
| 24 Fri Jan 2025 | 541.10 | 554.65 | 554.65 | 531.50 | 0.654 times |
| 23 Thu Jan 2025 | 547.65 | 537.50 | 558.30 | 537.50 | 1.66 times |
| 22 Wed Jan 2025 | 563.95 | 549.95 | 569.00 | 529.10 | 2.331 times |
| 21 Tue Jan 2025 | 528.15 | 554.95 | 554.95 | 526.55 | 0.736 times |
| 20 Mon Jan 2025 | 546.75 | 532.00 | 550.00 | 531.95 | 0.991 times |
| 17 Fri Jan 2025 | 531.90 | 534.40 | 535.90 | 524.45 | 0.439 times |
| 16 Thu Jan 2025 | 533.90 | 529.40 | 541.55 | 529.40 | 0.537 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 528.7, but if it comes above 528.7, then a intra day buy could be more profitable.
If you take a sell trade below 528.7, then use 528.7 as stoploss and 504.6 as target. However if you take a buy trade in stock , then use 528.7 as stoploss and 548.87 as target.
Share price targets for Elgi Equip (ElgiEquip)
| Target Type | Value |
| Downside Target | 513.30 |
| Upside Target | 526.55 |
| Upside Target | 560.00 |
| Upside Target | 588.15 |
| Upside Target | 588.20 |
| Upside Target | 589.95 |
| Upside Target | 662.00 |
| Upside Target | 669.00 |
| Upside Target | 676.90 |
| Upside Target | 698.30 |
| Upside Target | 752.30 |
Intraday share price targets for Elgi Equip (ElgiEquip)
| Target Type | Value |
| Downside Intraday Target | 514.85 |
| Downside Intraday Target | 504.15 |
| Upside Intraday Target | 535.9 |
| Upside Intraday Target | 546.25 |
| Downside Intraday Target | 525.2 |
Weekly technical analysis of Elgi Equip (ElgiEquip)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 29 Wed Jan 2025 | 525.55 | 530.30 | 535.55 | 514.50 | 0.343 times |
| 24 Fri Jan 2025 | 541.10 | 532.00 | 569.00 | 526.55 | 1.784 times |
| 17 Fri Jan 2025 | 531.90 | 566.50 | 566.55 | 513.30 | 1.211 times |
| 10 Fri Jan 2025 | 564.80 | 589.95 | 589.95 | 560.00 | 0.815 times |
| 03 Fri Jan 2025 | 576.30 | 573.00 | 588.20 | 560.15 | 1.759 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 |
| 29 Wed Jan 2025 | 525.55 | 574.65 | 589.95 | 513.30 | 1.065 times |
| 31 Tue Dec 2024 | 577.75 | 652.65 | 669.00 | 560.15 | 0.473 times |
| 29 Fri Nov 2024 | 640.00 | 652.05 | 676.90 | 545.05 | 1.526 times |
| 31 Thu Oct 2024 | 664.20 | 679.05 | 698.30 | 588.15 | 0.66 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 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 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 Strong 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 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 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 543.66 and Elgi Equip (ElgiEquip) stock is trading below this level. This means that stock is falling with high volumes. 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 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 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 Strong 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 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 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 543.66 and Elgi Equip (ElgiEquip) stock is trading below this level. This means that stock is falling with high volumes. 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.
Click here for Elgi Equip charts
Click here for further forecast and predictions for tomorrow