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

(ESSARSHPNG_BE) Essar Shipping complete technical analysis [charts+indicators] | Buy/Sell Essar Shipping | (ESSARSHPNG_BE) share price targets

Complete technical analysis of Essar Shipping (ESSARSHPNG_BE) by charts plus indicators, forecast predictions and share price targets for Essar Shipping (ESSARSHPNG_BE)

Showing technical analysis as on 2024-11-04 View latest technical analysis

10 day averaged volume of Essar Shipping is 33940

Date	Daily Closing Price	Open	High	Low	Volume
04 Mon Nov 2024	38.80	38.81	38.81	37.50	9.426 times
01 Fri Nov 2024	36.97	36.95	36.97	36.95	0.812 times
31 Thu Oct 2024	35.21	35.21	35.21	35.21	0.351 times
30 Wed Oct 2024	34.52	33.85	34.52	33.85	1.642 times
29 Tue Oct 2024	33.85	34.00	34.00	33.85	0.715 times
28 Mon Oct 2024	34.55	34.55	34.66	34.55	2.037 times
25 Fri Oct 2024	34.78	34.78	34.78	34.78	0.483 times
24 Thu Oct 2024	35.49	36.01	36.01	35.49	0.943 times
23 Wed Oct 2024	36.22	36.22	36.22	36.22	1.697 times
22 Tue Oct 2024	36.96	36.96	36.96	36.96	0.485 times

Stock of Essar Shipping (ESSARSHPNG_BE) has showed a significant upmove. This could be a good time to enter in this stock!

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 39.3 as stoploss in an intra day sell trade for a target of 37.33. However, stock will show a bullish move above 39.3.

Share price targets for Essar Shipping (ESSARSHPNG_BE)

Target Type	Value
Downside Target	33.85
Downside Target	34.78
Downside Target	36.95
Upside Target	40.20
Upside Target	42.63
Upside Target	43.25
Upside Target	49.74
Upside Target	54.00
Upside Target	56.50
Upside Target	71.54

Intraday share price targets for Essar Shipping (ESSARSHPNG_BE)

Target Type	Value
Downside Intraday Target	37.93
Downside Intraday Target	37.06
Upside Intraday Target	39.24
Upside Intraday Target	39.68
Downside Intraday Target	38.37

Weekly technical analysis of Essar Shipping (ESSARSHPNG_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
04 Mon Nov 2024	38.80	38.81	38.81	37.50	1.696 times
01 Fri Nov 2024	36.97	34.55	36.97	33.85	1.251 times
25 Fri Oct 2024	34.78	38.01	38.01	34.78	0.57 times
18 Fri Oct 2024	38.49	40.20	40.20	37.01	1.015 times
11 Fri Oct 2024	40.20	40.11	40.20	39.10	2.293 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 Essar Shipping (ESSARSHPNG_BE)

Date	Monthly Closing Price	Open	High	Low	Volume
04 Mon Nov 2024	38.80	36.95	38.81	36.95	0.378 times
31 Thu Oct 2024	35.21	42.63	42.63	33.85	0.209 times
30 Mon Sep 2024	43.51	45.85	49.74	38.33	0.635 times
30 Fri Aug 2024	45.19	55.90	56.50	43.25	0.839 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 Essar Shipping (ESSARSHPNG_BE)

Price action analysis of Essar Shipping ( (ESSARSHPNG_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 Essar Shipping ( (ESSARSHPNG_BE) ) based on a short to mid 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 Essar Shipping ( (ESSARSHPNG_BE) ) based on a mid to longer 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.

ADX buy sell signal for Essar Shipping stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.

MACD generated a BUY signal for Essar Shipping in short term but the buy signal is initial and weak.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Essar Shipping 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 stronger in this stock.

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

CCI has generated a buy signal for Essar Shipping 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 Essar Shipping is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 37.06 and Essar Shipping (ESSARSHPNG_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 Essar Shipping (ESSARSHPNG_BE) stock. Volume based technical analysis of Essar Shipping (ESSARSHPNG_BE) stock is negative.

Essar Shipping 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.