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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 2024-08-23 View latest technical analysis

10 day averaged volume of Edelamc Egold is 46786

Date	Daily Closing Price	Open	High	Low	Volume
23 Fri Aug 2024	72.95	72.85	73.00	72.60	0.194 times
22 Thu Aug 2024	73.25	73.25	73.25	72.00	1.104 times
21 Wed Aug 2024	73.25	73.80	73.80	72.90	1.684 times
20 Tue Aug 2024	73.55	73.20	73.55	72.60	1.964 times
19 Mon Aug 2024	73.15	73.40	73.40	72.25	0.849 times
16 Fri Aug 2024	72.10	71.90	72.20	71.10	1.095 times
14 Wed Aug 2024	71.90	72.25	72.25	71.50	0.085 times
13 Tue Aug 2024	72.00	72.25	72.25	71.50	0.622 times
12 Mon Aug 2024	71.45	70.55	71.55	70.50	0.318 times
09 Fri Aug 2024	70.70	71.05	71.20	70.60	0.052 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 72.7, but if it comes below 72.7, then a intra day sell could be more profitable.
If you take a sell trade below 72.7, then use 72.7 as stoploss and 71.72 as target. However if you take a buy trade in stock , then use 72.7 as stoploss and 73.9 as target.

Share price targets for Edelamc Egold (EGOLD)

Target Type	Value
Downside Target	68.65
Downside Target	72.70
Upside Target	73.80
Upside Target	74.80
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	72.03
Downside Intraday Target	71.12
Upside Intraday Target	73.83
Upside Intraday Target	74.72
Downside Intraday Target	72.92

Weekly technical analysis of Edelamc Egold (EGOLD)

Date	Weekly Closing Price	Open	High	Low	Volume
23 Fri Aug 2024	72.95	73.40	73.80	72.00	2.733 times
16 Fri Aug 2024	72.10	70.55	72.25	70.50	0.317 times
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

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 Edelamc Egold (EGOLD)

Date	Monthly Closing Price	Open	High	Low	Volume
23 Fri Aug 2024	72.95	71.00	73.80	70.00	1.258 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 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 Edelamc Egold (EGOLD)

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 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 Edelamc Egold ( (EGOLD) ) based on a short to mid 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 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 BUY. Signal strength is Weak and stock is losing momentum.

MACD generated a BUY signal for Edelamc Egold 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.

Edelamc Egold Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

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

CCI has generated a buy signal for Edelamc Egold in short term and BUY signal is strong.

RSI is generating a SELL signal in short term but selling 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 Edelamc Egold is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 72.95 and Edelamc Egold (EGOLD) 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 Edelamc Egold (EGOLD) stock. Volume based technical analysis of Edelamc Egold (EGOLD) stock is negative.

Edelamc Egold 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.