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

(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 2025-09-18 View latest technical analysis

10 day averaged volume of Elgi Rubber is 33001

Date	Daily Closing Price	Open	High	Low	Volume
18 Thu Sep 2025	71.34	72.69	72.69	70.01	0.45 times
17 Wed Sep 2025	70.19	71.86	71.86	69.21	0.276 times
16 Tue Sep 2025	70.46	71.57	72.50	70.20	0.684 times
15 Mon Sep 2025	71.57	69.60	72.42	69.15	1.075 times
12 Fri Sep 2025	69.98	69.50	73.00	69.50	0.705 times
11 Thu Sep 2025	70.26	69.60	70.96	69.50	0.68 times
10 Wed Sep 2025	70.26	70.17	71.80	69.51	0.758 times
09 Tue Sep 2025	70.17	69.30	71.99	69.30	1.254 times
08 Mon Sep 2025	70.27	74.00	74.95	69.00	2.344 times
05 Fri Sep 2025	71.58	75.73	76.50	70.55	1.258 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 71.8 as stoploss in an intra day sell trade for a target of 64.13. However, stock will show a bullish move above 71.8.

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
Downside Target	70.55
Upside Target	72.69
Upside Target	74.95
Upside Target	77.00

Intraday share price targets for Elgi Rubber (ELGIRUBCO_BE)

Target Type	Value
Downside Intraday Target	69.43
Downside Intraday Target	67.52
Upside Intraday Target	72.97
Upside Intraday Target	74.6
Downside Intraday Target	71.06

Weekly technical analysis of Elgi Rubber (ELGIRUBCO_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
18 Thu Sep 2025	71.34	69.60	72.69	69.15	0.433 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
18 Thu Sep 2025	71.34	74.01	77.00	69.00	1.964 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 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 to mid 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 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. Bears are getting stronger in this stock.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up

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 but buying is losing 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 70.62 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 falling down

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 has given negative 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.