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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 2025-09-17 View latest technical analysis

10 day averaged volume of Elgi Rubber is 32641

Date	Daily Closing Price	Open	High	Low	Volume
17 Wed Sep 2025	70.19	71.86	71.86	69.21	0.279 times
16 Tue Sep 2025	70.46	71.57	72.50	70.20	0.691 times
15 Mon Sep 2025	71.57	69.60	72.42	69.15	1.087 times
12 Fri Sep 2025	69.98	69.50	73.00	69.50	0.713 times
11 Thu Sep 2025	70.26	69.60	70.96	69.50	0.687 times
10 Wed Sep 2025	70.26	70.17	71.80	69.51	0.766 times
09 Tue Sep 2025	70.17	69.30	71.99	69.30	1.268 times
08 Mon Sep 2025	70.27	74.00	74.95	69.00	2.37 times
05 Fri Sep 2025	71.58	75.73	76.50	70.55	1.271 times
04 Thu Sep 2025	73.89	74.01	77.00	73.00	0.977 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 71.1 as stoploss in an intra day sell trade for a target of 63.05. However, stock will show a bullish move above 71.1.

Share price targets for Elgi Rubber (ELGIRUBCO_BE)

Target Type	Value
Downside Target	48.20
Downside Target	49.81
Downside Target	53.31
Downside Target	60.18
Downside Target	63.00
Downside Target	69.00
Downside Target	69.15
Downside Target	69.50
Upside Target	70.55
Upside Target	72.50
Upside Target	74.95
Upside Target	77.00

Intraday share price targets for Elgi Rubber (ELGIRUBCO_BE)

Target Type	Value
Downside Intraday Target	68.73
Downside Intraday Target	67.26
Upside Intraday Target	72.08
Upside Intraday Target	73.96
Upside Intraday Target	70.61

Weekly technical analysis of Elgi Rubber (ELGIRUBCO_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
17 Wed Sep 2025	70.19	69.60	72.50	69.15	0.354 times
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

Price has moved up 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_BE)

Date	Monthly Closing Price	Open	High	Low	Volume
17 Wed Sep 2025	70.19	74.01	77.00	69.00	1.879 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, and volume has increased substantially. This means that the move can 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Elgi Rubber ( (ELGIRUBCO_BE) ) based on a short to mid 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.

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 losing momentum.

MACD generated a BUY signal for Elgi Rubber in short term and the buy signal is strong.

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 SELL signal for Elgi Rubber 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

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 70.9 and Elgi Rubber (ELGIRUBCO_BE) 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_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.