(EssarShip) Essar Ship complete technical analysis [charts+indicators] | Buy/Sell Essar Ship | (EssarShip) share price targets
Complete technical analysis of Essar Ship (EssarShip) by charts plus indicators, forecast predictions and share price targets for Essar Ship (EssarShip)
Showing technical analysis as on 2024-04-03 View latest technical analysis
10 day averaged volume of Essar Ship is 125848
| Date | Daily Closing Price | Open | High | Low | Volume |
| 03 Wed Apr 2024 | 24.13 | 24.13 | 24.13 | 24.13 | 1.067 times |
| 02 Tue Apr 2024 | 22.99 | 22.99 | 22.99 | 22.99 | 0.273 times |
| 01 Mon Apr 2024 | 21.90 | 20.82 | 21.90 | 20.82 | 0.812 times |
| 28 Thu Mar 2024 | 20.86 | 20.72 | 21.89 | 20.51 | 1.207 times |
| 27 Wed Mar 2024 | 20.85 | 19.77 | 20.85 | 19.76 | 0.821 times |
| 26 Tue Mar 2024 | 19.86 | 21.17 | 21.65 | 19.70 | 1.205 times |
| 22 Fri Mar 2024 | 20.73 | 21.74 | 21.75 | 20.70 | 1.012 times |
| 21 Thu Mar 2024 | 21.53 | 23.00 | 23.00 | 21.25 | 2.109 times |
| 20 Wed Mar 2024 | 21.91 | 21.42 | 21.91 | 21.42 | 0.691 times |
| 19 Tue Mar 2024 | 20.87 | 20.70 | 21.93 | 20.60 | 1.439 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 23.8, but if it comes below 23.8, then a intra day sell could be more profitable.
If you take a sell trade below 23.8, then use 23.8 as stoploss and 22.31 as target. However if you take a buy trade in stock , then use 23.8 as stoploss and 25.7 as target.
Share price targets for Essar Ship (EssarShip)
| Target Type | Value |
| Downside Target | 16.60 |
| Downside Target | 19.70 |
| Downside Target | 20.41 |
| Downside Target | 21.89 |
| Downside Target | 22.94 |
| Downside Target | 24.13 |
| Upside Target | 25.06 |
| Upside Target | 28.48 |
| Upside Target | 28.75 |
| Upside Target | 32.64 |
| Upside Target | 36.22 |
| Upside Target | 39.02 |
Intraday share price targets for Essar Ship (EssarShip)
| Target Type | Value |
| Downside Intraday Target | 21.92 |
| Downside Intraday Target | 19.72 |
| Upside Intraday Target | 25.23 |
| Upside Intraday Target | 26.34 |
| Downside Intraday Target | 23.03 |
Weekly technical analysis of Essar Ship (EssarShip)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 03 Wed Apr 2024 | 24.13 | 20.82 | 24.13 | 20.82 | 0.666 times |
| 28 Thu Mar 2024 | 20.86 | 21.17 | 21.89 | 19.70 | 0.569 times |
| 22 Fri Mar 2024 | 20.73 | 21.82 | 23.00 | 20.60 | 2.335 times |
| 15 Fri Mar 2024 | 21.67 | 24.45 | 25.06 | 20.41 | 0.432 times |
| 07 Thu Mar 2024 | 23.87 | 27.60 | 28.48 | 22.94 | 1.886 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 Essar Ship (EssarShip)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 03 Wed Apr 2024 | 24.13 | 20.82 | 24.13 | 20.82 | 0.123 times |
| 28 Thu Mar 2024 | 20.86 | 27.00 | 28.48 | 19.70 | 1.137 times |
| 29 Thu Feb 2024 | 26.81 | 31.98 | 32.64 | 25.50 | 0.771 times |
| 31 Wed Jan 2024 | 31.39 | 33.63 | 36.22 | 28.75 | 0.201 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 Essar Ship (EssarShip)
Price action analysis of Essar Ship ( (EssarShip) ) based on a short 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 Essar Ship ( (EssarShip) ) 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 Essar Ship ( (EssarShip) ) 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 Essar Ship ( (EssarShip) ) 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 Essar Ship stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a BUY signal for Essar Ship 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.
Essar Ship Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! 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 moving up
CCI has generated a buy signal for Essar Ship 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 positive zone. This is a BUY zone
Stock of Essar Ship is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 21.4 and Essar Ship (EssarShip) 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 Essar Ship (EssarShip) stock. Volume based technical analysis of Essar Ship (EssarShip) stock is negative.
Essar Ship 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 Essar Ship ( (EssarShip) ) based on a short 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 Essar Ship ( (EssarShip) ) 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 Essar Ship ( (EssarShip) ) 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 Essar Ship ( (EssarShip) ) 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 Essar Ship stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a BUY signal for Essar Ship 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.
Essar Ship Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! 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 moving up
CCI has generated a buy signal for Essar Ship 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 positive zone. This is a BUY zone
Stock of Essar Ship is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 21.4 and Essar Ship (EssarShip) 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 Essar Ship (EssarShip) stock. Volume based technical analysis of Essar Ship (EssarShip) stock is negative.
Essar Ship 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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