(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)
10 day averaged volume of Essar Shipping is 326981
Date | Daily Closing Price | Open | High | Low | Volume |
01 Fri Dec 2023 | 17.35 | 17.00 | 17.50 | 16.85 | 0.583 times |
30 Thu Nov 2023 | 16.95 | 17.40 | 17.40 | 16.10 | 0.818 times |
29 Wed Nov 2023 | 16.60 | 17.65 | 17.65 | 16.40 | 0.779 times |
28 Tue Nov 2023 | 17.10 | 16.40 | 17.10 | 16.00 | 1.038 times |
24 Fri Nov 2023 | 16.30 | 16.70 | 16.75 | 16.05 | 0.876 times |
23 Thu Nov 2023 | 16.80 | 15.60 | 16.80 | 15.60 | 0.9 times |
22 Wed Nov 2023 | 16.00 | 16.40 | 16.70 | 16.00 | 0.446 times |
21 Tue Nov 2023 | 16.85 | 16.75 | 18.25 | 16.75 | 1.898 times |
20 Mon Nov 2023 | 17.60 | 18.50 | 18.50 | 16.80 | 2.622 times |
17 Fri Nov 2023 | 17.65 | 17.65 | 17.65 | 17.65 | 0.346 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 17.3, but if it comes below 17.3, then a intra day sell could be more profitable.
If you take a sell trade below 17.3, then use 17.3 as stoploss and 16.48 as target. However if you take a buy trade in stock , then use 17.3 as stoploss and 18.3 as target.
Share price targets for Essar Shipping (ESSARSHPNG_BE)
Target Type | Value |
Downside Target | 10.70 |
Downside Target | 13.25 |
Downside Target | 13.75 |
Downside Target | 14.25 |
Downside Target | 14.60 |
Downside Target | 15.05 |
Downside Target | 15.45 |
Downside Target | 16.00 |
Downside Target | 16.85 |
Upside Target | 17.50 |
Upside Target | 17.65 |
Upside Target | 18.50 |
Upside Target | 19.40 |
Intraday share price targets for Essar Shipping (ESSARSHPNG_BE)
Target Type | Value |
Downside Intraday Target | 16.35 |
Downside Intraday Target | 15.35 |
Upside Intraday Target | 18 |
Upside Intraday Target | 18.65 |
Downside Intraday Target | 17 |
Weekly technical analysis of Essar Shipping (ESSARSHPNG_BE)
Date | Weekly Closing Price | Open | High | Low | Volume |
01 Fri Dec 2023 | 17.35 | 16.40 | 17.65 | 16.00 | 0.477 times |
24 Fri Nov 2023 | 16.30 | 18.50 | 18.50 | 15.60 | 5.086 times |
17 Fri Nov 2023 | 17.65 | 16.45 | 17.65 | 16.45 | 0.322 times |
10 Fri Nov 2023 | 16.15 | 15.05 | 16.15 | 15.05 | 3.559 times |
03 Fri Nov 2023 | 14.80 | 15.45 | 15.45 | 14.25 | 5.617 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 Essar Shipping (ESSARSHPNG_BE)
Date | Monthly Closing Price | Open | High | Low | Volume |
01 Fri Dec 2023 | 17.35 | 17.00 | 17.50 | 16.85 | 0.037 times |
30 Thu Nov 2023 | 16.95 | 14.85 | 18.50 | 14.25 | 1.792 times |
31 Tue Oct 2023 | 15.15 | 14.95 | 19.40 | 13.75 | 1.333 times |
29 Fri Sep 2023 | 14.25 | 14.00 | 14.60 | 13.25 | 0.348 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 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 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 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 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 and the buy signal is strong.
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. Bears are weakening, and bulls are picking up momentum!
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 Essar Shipping 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
Stock of Essar Shipping is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 17.02 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 has given negative 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 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 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 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 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 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 and the buy signal is strong.
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. Bears are weakening, and bulls are picking up momentum!
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 Essar Shipping 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
Stock of Essar Shipping is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 17.02 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 has given negative 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.
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