(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 2024-05-21 View latest technical analysis
10 day averaged volume of Essar Ship is 113446
| Date | Daily Closing Price | Open | High | Low | Volume |
| 21 Tue May 2024 | 28.19 | 28.99 | 29.10 | 27.65 | 0.997 times |
| 18 Sat May 2024 | 28.42 | 28.89 | 29.02 | 28.29 | 0.122 times |
| 17 Fri May 2024 | 28.32 | 28.50 | 29.50 | 28.00 | 1.364 times |
| 16 Thu May 2024 | 28.15 | 28.11 | 28.54 | 27.93 | 0.416 times |
| 15 Wed May 2024 | 28.11 | 28.00 | 28.70 | 27.70 | 0.709 times |
| 14 Tue May 2024 | 28.01 | 27.01 | 29.10 | 27.01 | 1.125 times |
| 13 Mon May 2024 | 26.98 | 27.17 | 28.18 | 26.15 | 1.478 times |
| 10 Fri May 2024 | 27.74 | 27.35 | 28.43 | 27.35 | 0.84 times |
| 09 Thu May 2024 | 27.58 | 29.51 | 29.51 | 27.30 | 0.346 times |
| 08 Wed May 2024 | 28.93 | 28.98 | 30.29 | 28.38 | 0.829 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 27.7 as stoploss in an intra day buy trade for a target of 28.74. However, stock will show a bearish move below 27.7.
Share price targets for Essar Ship (EssarShip)
| Target Type | Value |
| Downside Target | 19.70 |
| Downside Target | 20.82 |
| Downside Target | 25.50 |
| Downside Target | 26.15 |
| Downside Target | 27.10 |
| Upside Target | 28.48 |
| Upside Target | 30.89 |
| Upside Target | 32.09 |
| Upside Target | 32.64 |
| Upside Target | 34.25 |
| Upside Target | 36.22 |
Intraday share price targets for Essar Ship (EssarShip)
| Target Type | Value |
| Downside Intraday Target | 27.53 |
| Downside Intraday Target | 26.86 |
| Upside Intraday Target | 28.98 |
| Upside Intraday Target | 29.76 |
| Upside Intraday Target | 28.31 |
Weekly technical analysis of Essar Ship (EssarShip)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 21 Tue May 2024 | 28.19 | 28.99 | 29.10 | 27.65 | 0.191 times |
| 18 Sat May 2024 | 28.42 | 27.17 | 29.50 | 26.15 | 0.648 times |
| 10 Fri May 2024 | 27.74 | 28.25 | 32.09 | 27.10 | 1.984 times |
| 03 Fri May 2024 | 27.84 | 30.09 | 30.89 | 27.20 | 0.462 times |
| 26 Fri Apr 2024 | 30.28 | 32.69 | 34.25 | 28.75 | 1.089 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 Essar Ship (EssarShip)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 21 Tue May 2024 | 28.19 | 29.59 | 32.09 | 26.15 | 0.516 times |
| 30 Tue Apr 2024 | 28.73 | 20.82 | 34.25 | 20.82 | 1.674 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 |
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 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 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 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 Essar Ship ( (EssarShip) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.
ADX buy sell signal for Essar Ship stock for short term is BUY. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Essar Ship in short term but the sell signal is initial and weak.
Essar Ship 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 green color and prices are in or below the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Essar Ship in short term but SELL signal is weak.
RSI is generating a SELL signal in short term but selling is losing 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 Essar Ship is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 27.97 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 falling down
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 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 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 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 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 Essar Ship ( (EssarShip) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.
ADX buy sell signal for Essar Ship stock for short term is BUY. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Essar Ship in short term but the sell signal is initial and weak.
Essar Ship 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 green color and prices are in or below the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Essar Ship in short term but SELL signal is weak.
RSI is generating a SELL signal in short term but selling is losing 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 Essar Ship is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 27.97 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 falling down
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 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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