(ELGIRUBCO) Elgi Rubber complete technical analysis [charts+indicators] | Buy/Sell Elgi Rubber | (ELGIRUBCO) share price targets
Complete technical analysis of Elgi Rubber (ELGIRUBCO) by charts plus indicators, forecast predictions and share price targets for Elgi Rubber (ELGIRUBCO)
10 day averaged volume of Elgi Rubber is 341939
Date | Daily Closing Price | Open | High | Low | Volume |
18 Mon Sep 2023 | 54.05 | 57.40 | 57.50 | 53.60 | 0.654 times |
15 Fri Sep 2023 | 57.45 | 58.00 | 59.85 | 56.00 | 2.534 times |
14 Thu Sep 2023 | 58.00 | 54.00 | 58.90 | 52.40 | 5.32 times |
13 Wed Sep 2023 | 49.10 | 46.25 | 49.80 | 46.25 | 0.245 times |
13 Wed Sep 2023 | 49.10 | 46.25 | 49.80 | 46.25 | 0.245 times |
12 Tue Sep 2023 | 46.60 | 49.90 | 50.50 | 45.40 | 0.397 times |
11 Mon Sep 2023 | 49.90 | 51.50 | 51.75 | 49.25 | 0.189 times |
08 Fri Sep 2023 | 50.25 | 51.40 | 51.65 | 50.00 | 0.193 times |
07 Thu Sep 2023 | 51.30 | 48.60 | 52.15 | 48.60 | 0.485 times |
06 Wed Sep 2023 | 49.25 | 50.80 | 50.80 | 48.50 | 0.179 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 54.1 as stoploss in an intra day sell trade for a target of 51.41. However, stock will show a bullish move above 54.1.
Share price targets for Elgi Rubber (ELGIRUBCO)
Target Type | Value |
Downside Target | 36.10 |
Downside Target | 37.60 |
Downside Target | 41.00 |
Downside Target | 42.75 |
Downside Target | 45.40 |
Downside Target | 48.50 |
Downside Target | 49.75 |
Downside Target | 51.75 |
Downside Target | 53.60 |
Upside Target | 57.25 |
Upside Target | 57.50 |
Upside Target | 59.85 |
Intraday share price targets for Elgi Rubber (ELGIRUBCO)
Target Type | Value |
Downside Intraday Target | 52.6 |
Downside Intraday Target | 51.15 |
Upside Intraday Target | 56.5 |
Upside Intraday Target | 58.95 |
Upside Intraday Target | 55.05 |
Weekly technical analysis of Elgi Rubber (ELGIRUBCO)
Date | Weekly Closing Price | Open | High | Low | Volume |
18 Mon Sep 2023 | 54.05 | 57.40 | 57.50 | 53.60 | 0.081 times |
15 Fri Sep 2023 | 57.45 | 46.25 | 59.85 | 46.25 | 9.736 times |
13 Wed Sep 2023 | 49.10 | 51.50 | 51.75 | 45.40 | 0.658 times |
08 Fri Sep 2023 | 50.25 | 50.05 | 52.15 | 48.50 | 1.328 times |
01 Fri Sep 2023 | 50.05 | 53.60 | 53.60 | 49.75 | 0.476 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 Rubber (ELGIRUBCO)
Date | Monthly Closing Price | Open | High | Low | Volume |
18 Mon Sep 2023 | 54.05 | 50.10 | 59.85 | 45.40 | 0.472 times |
31 Thu Aug 2023 | 50.70 | 43.00 | 57.25 | 41.00 | 3.679 times |
31 Mon Jul 2023 | 42.50 | 39.85 | 46.45 | 38.20 | 1.855 times |
30 Fri Jun 2023 | 39.80 | 40.00 | 42.75 | 37.60 | 0.465 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 Elgi Rubber (ELGIRUBCO)
Price action analysis of Elgi Rubber ( (ELGIRUBCO) ) 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 Elgi Rubber ( (ELGIRUBCO) ) 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 Elgi Rubber ( (ELGIRUBCO) ) 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 Rubber ( (ELGIRUBCO) ) 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 Rubber stock for short term is BUY. Signal strength is Strong and stock is losing momentum.
MACD generated a BUY signal for Elgi Rubber in short term and the buy signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Elgi Rubber 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 green color and prices are above the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Elgi Rubber in short term but SELL signal is weak.
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in negative zone. This is the SELL zone
Stock of Elgi Rubber is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 56.02 and Elgi Rubber (ELGIRUBCO) 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 Rubber (ELGIRUBCO) stock. Volume based technical analysis of Elgi Rubber (ELGIRUBCO) stock is negative.
Elgi Rubber 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 Rubber ( (ELGIRUBCO) ) 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 Elgi Rubber ( (ELGIRUBCO) ) 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 Elgi Rubber ( (ELGIRUBCO) ) 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 Rubber ( (ELGIRUBCO) ) 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 Rubber stock for short term is BUY. Signal strength is Strong and stock is losing momentum.
MACD generated a BUY signal for Elgi Rubber in short term and the buy signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Elgi Rubber 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 green color and prices are above the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Elgi Rubber in short term but SELL signal is weak.
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in negative zone. This is the SELL zone
Stock of Elgi Rubber is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 56.02 and Elgi Rubber (ELGIRUBCO) 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 Rubber (ELGIRUBCO) stock. Volume based technical analysis of Elgi Rubber (ELGIRUBCO) stock is negative.
Elgi Rubber 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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