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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)

10 day averaged volume of Edelamc Egold is 31555

Date	Daily Closing Price	Open	High	Low	Volume
08 Wed May 2024	72.70	73.35	73.35	72.70	1.317 times
07 Tue May 2024	73.30	74.20	74.20	73.10	1.944 times
06 Mon May 2024	73.40	74.00	74.00	72.65	2.175 times
03 Fri May 2024	73.10	73.75	73.75	72.50	0.419 times
02 Thu May 2024	73.75	73.80	73.80	73.45	0.051 times
30 Tue Apr 2024	73.25	74.15	74.15	73.20	2.388 times
29 Mon Apr 2024	74.00	73.50	74.00	73.45	0.036 times
26 Fri Apr 2024	73.50	73.85	74.00	73.00	0.317 times
25 Thu Apr 2024	73.85	73.20	74.25	73.00	0.02 times
24 Wed Apr 2024	73.05	75.30	75.30	73.05	0.019 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 72.9, but if it comes above 72.9, then a intra day buy could be more profitable.
If you take a sell trade below 72.9, then use 72.9 as stoploss and 72 as target. However if you take a buy trade in stock , then use 72.9 as stoploss and 73.64 as target.

Share price targets for Edelamc Egold (EGOLD)

Target Type	Value
Downside Target	53.10
Downside Target	62.20
Downside Target	63.95
Downside Target	65.40
Downside Target	68.65
Downside Target	71.95
Upside Target	74.15
Upside Target	74.20
Upside Target	74.80
Upside Target	75.40
Upside Target	75.90

Intraday share price targets for Edelamc Egold (EGOLD)

Target Type	Value
Downside Intraday Target	72.17
Downside Intraday Target	71.63
Upside Intraday Target	73.72
Upside Intraday Target	74.73
Upside Intraday Target	73.18

Weekly technical analysis of Edelamc Egold (EGOLD)

Date	Weekly Closing Price	Open	High	Low	Volume
08 Wed May 2024	72.70	74.00	74.20	72.65	1.879 times
03 Fri May 2024	73.10	73.50	74.15	72.50	0.946 times
26 Fri Apr 2024	73.50	75.00	75.90	72.90	0.408 times
19 Fri Apr 2024	74.90	74.75	75.40	73.45	0.265 times
12 Fri Apr 2024	74.75	71.95	74.80	71.95	1.06 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
08 Wed May 2024	72.70	73.80	74.20	72.50	0.087 times
30 Tue Apr 2024	73.25	68.65	75.90	68.65	9.956 times
28 Thu Mar 2024	68.65	64.00	68.80	63.95	0.561 times
29 Thu Feb 2024	63.70	64.45	65.40	53.10	1.374 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 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 Edelamc Egold ( (EGOLD) ) based on a short 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 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 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 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 but the sell signal is initial and weak.

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 green color and prices are in or below the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Edelamc Egold in short term and SELL signal is strong!

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in positive zone. This is a BUY 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 73.22 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 positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.