(ELGIRUBCO_BE) Elgi Rubber complete technical analysis [charts+indicators] | Buy/Sell Elgi Rubber | (ELGIRUBCO_BE) share price targets
Complete technical analysis of Elgi Rubber (ELGIRUBCO_BE) by charts plus indicators, forecast predictions and share price targets for Elgi Rubber (ELGIRUBCO_BE)
Showing technical analysis as on 2024-10-18 View latest technical analysis
10 day averaged volume of Elgi Rubber is 30146
Date | Daily Closing Price | Open | High | Low | Volume |
18 Fri Oct 2024 | 105.02 | 100.55 | 108.95 | 100.55 | 0.934 times |
17 Thu Oct 2024 | 105.21 | 104.43 | 109.65 | 102.50 | 1.891 times |
16 Wed Oct 2024 | 104.43 | 101.75 | 104.43 | 97.01 | 0.697 times |
15 Tue Oct 2024 | 99.46 | 101.78 | 104.40 | 96.62 | 1.489 times |
14 Mon Oct 2024 | 99.48 | 95.55 | 100.00 | 95.55 | 0.78 times |
11 Fri Oct 2024 | 97.32 | 97.00 | 99.60 | 93.82 | 0.695 times |
10 Thu Oct 2024 | 96.35 | 99.00 | 99.65 | 96.05 | 0.089 times |
09 Wed Oct 2024 | 95.74 | 92.99 | 97.49 | 92.50 | 0.57 times |
08 Tue Oct 2024 | 92.97 | 92.50 | 94.89 | 92.50 | 0.693 times |
07 Mon Oct 2024 | 93.01 | 93.15 | 97.57 | 92.97 | 1.696 times |
Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 106.3, for a target of 101.8 or 97.95
Share price targets for Elgi Rubber (ELGIRUBCO_BE)
Target Type | Value |
Downside Target | 62.45 |
Downside Target | 68.60 |
Downside Target | 83.90 |
Downside Target | 86.00 |
Downside Target | 90.00 |
Downside Target | 92.50 |
Downside Target | 99.60 |
Downside Target | 102.99 |
Upside Target | 106.00 |
Upside Target | 109.65 |
Upside Target | 111.56 |
Upside Target | 113.28 |
Intraday share price targets for Elgi Rubber (ELGIRUBCO_BE)
Target Type | Value |
Downside Intraday Target | 97.16 |
Downside Intraday Target | 89.31 |
Upside Intraday Target | 111.26 |
Upside Intraday Target | 117.51 |
Downside Intraday Target | 103.41 |
Weekly technical analysis of Elgi Rubber (ELGIRUBCO_BE)
Date | Weekly Closing Price | Open | High | Low | Volume |
18 Fri Oct 2024 | 105.02 | 95.55 | 109.65 | 95.55 | 1.547 times |
11 Fri Oct 2024 | 97.32 | 93.15 | 99.65 | 92.50 | 0.747 times |
04 Fri Oct 2024 | 97.87 | 94.99 | 99.60 | 93.10 | 0.6 times |
27 Fri Sep 2024 | 95.07 | 99.79 | 106.00 | 90.00 | 2.111 times |
20 Fri Sep 2024 | 96.93 | 101.97 | 102.99 | 96.93 | 0.752 times |
Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Elgi Rubber (ELGIRUBCO_BE)
Date | Monthly Closing Price | Open | High | Low | Volume |
18 Fri Oct 2024 | 105.02 | 96.51 | 109.65 | 92.50 | 0.484 times |
30 Mon Sep 2024 | 96.91 | 109.39 | 113.28 | 90.00 | 0.659 times |
30 Fri Aug 2024 | 107.25 | 94.50 | 111.56 | 86.00 | 0.725 times |
31 Wed Jul 2024 | 94.01 | 75.42 | 94.20 | 68.60 | 0.987 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_BE)
Price action analysis of Elgi Rubber ( (ELGIRUBCO_BE) ) 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_BE) ) 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_BE) ) 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_BE) ) based on a mid to longer 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.
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 red color and prices are in or above the red 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 and the buying is gaining momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying might be slowing down
Stock of Elgi Rubber is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 99.48 and Elgi Rubber (ELGIRUBCO_BE) 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 Elgi Rubber (ELGIRUBCO_BE) stock. Volume based technical analysis of Elgi Rubber (ELGIRUBCO_BE) 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_BE) ) 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_BE) ) 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_BE) ) 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_BE) ) based on a mid to longer 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.
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 red color and prices are in or above the red 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 and the buying is gaining momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying might be slowing down
Stock of Elgi Rubber is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 99.48 and Elgi Rubber (ELGIRUBCO_BE) 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 Elgi Rubber (ELGIRUBCO_BE) stock. Volume based technical analysis of Elgi Rubber (ELGIRUBCO_BE) 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.
Click here for Elgi Rubber charts
Click here for further forecast and predictions for tomorrow
Daily charts
COMMODITY Gainers BSE Gainers BSE Losers BSE Scanner CLOSED NEAR HIGH BSE Scanner CLOSED NEAR LOW USA Gainers USA Losers USA Scanner CLOSED NEAR HIGH USA Scanner CLOSED NEAR LOW USA Scanner UPTRENDING USA Scanner DOWNTRENDING
Munafa NEWSTerms of Use Stock Market News! © munafa.org.in2025 All Rights reserved.