Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(Elloratrad) Elloratrad complete technical analysis [charts+indicators] | Buy/Sell Elloratrad | (Elloratrad) share price targets

Complete technical analysis of Elloratrad (Elloratrad) by charts plus indicators, forecast predictions and share price targets for Elloratrad (Elloratrad)

Showing technical analysis as on 2024-05-27 View latest technical analysis

10 day averaged volume of Elloratrad is 5739

Date	Daily Closing Price	Open	High	Low	Volume
27 Mon May 2024	9.80	9.80	10.29	9.80	1.504 times
24 Fri May 2024	9.99	9.96	10.17	9.80	0.162 times
23 Thu May 2024	9.85	10.58	10.58	9.63	2.648 times
22 Wed May 2024	10.13	10.36	10.79	9.84	0.823 times
21 Tue May 2024	10.35	10.89	10.89	10.35	0.418 times
18 Sat May 2024	10.89	10.89	10.89	10.89	0.026 times
17 Fri May 2024	10.52	10.54	10.54	10.05	0.579 times
16 Thu May 2024	10.54	10.50	10.54	10.32	1.043 times
15 Wed May 2024	10.07	10.20	10.63	9.82	0.323 times
14 Tue May 2024	10.20	10.89	10.89	10.16	3.477 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 10.1, but if it comes above 10.1, then a intra day buy could be more profitable.
If you take a sell trade below 10.1, then use 10.1 as stoploss and 9.6 as target. However if you take a buy trade in stock , then use 10.1 as stoploss and 10.57 as target.

Share price targets for Elloratrad (Elloratrad)

Target Type	Value
Downside Target	8.85
Downside Target	9.63
Upside Target	10.10
Upside Target	10.78
Upside Target	11.40
Upside Target	11.78
Upside Target	11.90
Upside Target	12.95
Upside Target	13.33
Upside Target	15.25
Upside Target	18.70

Intraday share price targets for Elloratrad (Elloratrad)

Target Type	Value
Downside Intraday Target	9.64
Downside Intraday Target	9.47
Upside Intraday Target	10.13
Upside Intraday Target	10.45
Upside Intraday Target	9.96

Weekly technical analysis of Elloratrad (Elloratrad)

Date	Weekly Closing Price	Open	High	Low	Volume
27 Mon May 2024	9.80	9.80	10.29	9.80	0.371 times
24 Fri May 2024	9.99	10.89	10.89	9.63	0.681 times
18 Sat May 2024	10.89	9.80	10.89	9.80	1.862 times
10 Fri May 2024	10.25	11.50	11.78	10.24	3.858 times
03 Fri May 2024	11.00	10.78	11.40	10.78	0.017 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 Elloratrad (Elloratrad)

Date	Monthly Closing Price	Open	High	Low	Volume
27 Mon May 2024	9.80	11.40	11.78	9.63	0.268 times
30 Tue Apr 2024	11.22	10.85	11.40	10.10	0.145 times
28 Thu Mar 2024	10.90	12.26	12.95	8.85	1.529 times
29 Thu Feb 2024	12.71	12.67	15.25	11.90	0.709 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 Elloratrad (Elloratrad)

Price action analysis of Elloratrad ( (Elloratrad) ) 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 Elloratrad ( (Elloratrad) ) 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 Elloratrad ( (Elloratrad) ) 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 Elloratrad stock for short term is SELL. Signal strength is Strong and stock is losing momentum.

MACD generated a SELL signal for Elloratrad in short term and the sell signal is strong.

Elloratrad 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 green color and prices are in or below the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Elloratrad in short term and SELL 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

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Elloratrad is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 10.11 and Elloratrad (Elloratrad) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the Elloratrad (Elloratrad) stock. Volume based technical analysis of Elloratrad (Elloratrad) stock is negative.

Elloratrad 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.