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(EGOLD) Edelamc Egold complete technical analysis [charts+indicators] | Buy/Sell Edelamc Egold | (EGOLD) share price targets

Complete technical analysis of Edelamc Egold (EGOLD) by charts plus indicators, forecast predictions and share price targets for Edelamc Egold (EGOLD)

Showing technical analysis as on 2024-08-09 View latest technical analysis

10 day averaged volume of Edelamc Egold is 40705

Date	Daily Closing Price	Open	High	Low	Volume
09 Fri Aug 2024	70.70	71.05	71.20	70.60	0.06 times
08 Thu Aug 2024	70.50	70.60	70.65	70.00	2.559 times
07 Wed Aug 2024	70.70	70.95	70.95	70.55	2.548 times
06 Tue Aug 2024	70.55	71.35	71.35	70.40	0.04 times
05 Mon Aug 2024	71.40	71.75	72.70	70.55	2.484 times
02 Fri Aug 2024	71.70	71.35	72.00	71.35	0.023 times
01 Thu Aug 2024	71.35	71.00	71.75	71.00	0.063 times
31 Wed Jul 2024	71.00	70.55	71.00	70.40	1.797 times
30 Tue Jul 2024	70.60	71.95	72.70	70.35	0.093 times
29 Mon Jul 2024	71.50	70.85	71.50	70.40	0.338 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 70.4 as stoploss in an intra day buy trade for a target of 72.35. However, stock will show a bearish move below 70.4.

Share price targets for Edelamc Egold (EGOLD)

Target Type	Value
Downside Target	68.65
Upside Target	74.00
Upside Target	74.80
Upside Target	74.90
Upside Target	75.00
Upside Target	75.90
Upside Target	76.20
Upside Target	76.85

Intraday share price targets for Edelamc Egold (EGOLD)

Target Type	Value
Downside Intraday Target	69.57
Downside Intraday Target	68.43
Upside Intraday Target	72.27
Upside Intraday Target	73.83
Upside Intraday Target	71.13

Weekly technical analysis of Edelamc Egold (EGOLD)

Date	Weekly Closing Price	Open	High	Low	Volume
09 Fri Aug 2024	70.70	71.75	72.70	70.00	3.324 times
02 Fri Aug 2024	71.70	70.85	72.70	70.35	0.864 times
26 Fri Jul 2024	70.85	75.90	75.90	69.70	1.818 times
19 Fri Jul 2024	75.80	75.05	76.20	74.90	0.467 times
12 Fri Jul 2024	75.00	74.60	75.00	74.00	0.814 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 Edelamc Egold (EGOLD)

Date	Monthly Closing Price	Open	High	Low	Volume
09 Fri Aug 2024	70.70	71.00	72.70	70.00	0.58 times
31 Wed Jul 2024	71.00	74.80	76.20	69.70	1.753 times
28 Fri Jun 2024	73.45	74.05	74.80	72.50	0.32 times
31 Fri May 2024	74.10	73.80	76.85	71.20	0.453 times

Scroll below to view daily charts

Price has moved down 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 Edelamc Egold (EGOLD)

Price action analysis of Edelamc Egold ( (EGOLD) ) 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 Edelamc Egold ( (EGOLD) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Edelamc Egold ( (EGOLD) ) 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 Edelamc Egold ( (EGOLD) ) 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 Edelamc Egold stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Edelamc Egold in short term and the sell signal is strong.

Edelamc Egold Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

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

CCI has generated a buy signal for Edelamc Egold in short term but BUY signal is weak.

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in negative zone. This is the SELL zone

Stock of Edelamc Egold is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 70.91 and Edelamc Egold (EGOLD) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the Edelamc Egold (EGOLD) stock. Volume based technical analysis of Edelamc Egold (EGOLD) stock is negative.

Edelamc Egold 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.