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(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 2025-09-12 View latest technical analysis

10 day averaged volume of Elgi Rubber is 27907

Date	Daily Closing Price	Open	High	Low	Volume
12 Fri Sep 2025	69.98	69.50	73.00	69.50	0.834 times
11 Thu Sep 2025	70.26	69.60	70.96	69.50	0.804 times
10 Wed Sep 2025	70.26	70.17	71.80	69.51	0.896 times
09 Tue Sep 2025	70.17	69.30	71.99	69.30	1.483 times
08 Mon Sep 2025	70.27	74.00	74.95	69.00	2.772 times
05 Fri Sep 2025	71.58	75.73	76.50	70.55	1.487 times
04 Thu Sep 2025	73.89	74.01	77.00	73.00	1.142 times
22 Fri Aug 2025	56.82	58.94	58.94	56.00	0.198 times
21 Thu Aug 2025	56.89	59.00	59.00	56.50	0.571 times
20 Wed Aug 2025	58.50	60.19	60.19	56.05	0.234 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 68.4, but if it comes below 68.4, then a intra day sell could be more profitable.
If you take a sell trade below 68.4, then use 68.4 as stoploss and 59.88 as target. However if you take a buy trade in stock , then use 68.4 as stoploss and 78.7 as target.

Share price targets for Elgi Rubber (ELGIRUBCO_BE)

Target Type	Value
Downside Target	48.20
Downside Target	49.81
Downside Target	51.66
Downside Target	53.31
Downside Target	60.18
Downside Target	63.00
Downside Target	69.00
Downside Target	69.50
Upside Target	70.55
Upside Target	74.95
Upside Target	77.00

Intraday share price targets for Elgi Rubber (ELGIRUBCO_BE)

Target Type	Value
Downside Intraday Target	67.67
Downside Intraday Target	65.36
Upside Intraday Target	73.62
Upside Intraday Target	77.26
Upside Intraday Target	71.31

Weekly technical analysis of Elgi Rubber (ELGIRUBCO_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
12 Fri Sep 2025	69.98	74.00	74.95	69.00	2.582 times
05 Fri Sep 2025	71.58	74.01	77.00	70.55	1.676 times
22 Fri Aug 2025	56.82	55.00	60.19	54.61	0.593 times
14 Thu Aug 2025	54.46	49.81	60.18	49.81	1.319 times
08 Fri Aug 2025	49.57	51.66	51.66	48.20	2.617 times

Price has moved down 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
12 Fri Sep 2025	69.98	74.01	77.00	69.00	1.497 times
22 Fri Aug 2025	56.82	52.62	60.19	48.20	1.067 times
31 Thu Jul 2025	53.70	60.90	63.63	53.70	0.576 times
30 Mon Jun 2025	60.60	62.50	63.00	50.20	0.762 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Elgi Rubber ( (ELGIRUBCO_BE) ) 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 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 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 gaining 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down

CCI has generated a buy signal for Elgi Rubber 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 negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling 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 69.56 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 positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.