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(ELECTHERM_BE) Electrotherm I complete technical analysis [charts+indicators] | Buy/Sell Electrotherm I | (ELECTHERM_BE) share price targets

Complete technical analysis of Electrotherm I (ELECTHERM_BE) by charts plus indicators, forecast predictions and share price targets for Electrotherm I (ELECTHERM_BE)

10 day averaged volume of Electrotherm I is 9173

Date	Daily Closing Price	Open	High	Low	Volume
08 Fri Dec 2023	244.10	244.10	244.10	244.10	0.193 times
07 Thu Dec 2023	239.35	239.35	239.35	239.35	0.332 times
06 Wed Dec 2023	234.70	234.70	234.70	234.70	0.446 times
05 Tue Dec 2023	230.10	230.10	230.10	230.10	0.543 times
04 Mon Dec 2023	225.60	225.60	225.60	225.60	0.387 times
01 Fri Dec 2023	221.20	221.20	221.20	221.20	0.619 times
30 Thu Nov 2023	216.90	216.90	216.90	216.90	4.341 times
29 Wed Nov 2023	212.65	212.50	212.65	212.50	1.133 times
28 Tue Nov 2023	202.55	202.55	202.55	202.55	0.68 times
24 Fri Nov 2023	192.95	192.90	192.95	192.90	0.911 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 225.3, but if it comes below 225.3, then a intra day sell could be more profitable.
If you take a sell trade below 225.3, then use 225.3 as stoploss and 188.46 as target. However if you take a buy trade in stock , then use 225.3 as stoploss and 269.5 as target.

Share price targets for Electrotherm I (ELECTHERM_BE)

Target Type	Value
Downside Target	81.50
Downside Target	109.65
Downside Target	114.85
Downside Target	120.00
Downside Target	126.85
Downside Target	135.35
Downside Target	151.30
Downside Target	158.80
Downside Target	192.95
Downside Target	202.55
Downside Target	216.90
Downside Target	221.20
Downside Target	225.60
Downside Target	244.10

Intraday share price targets for Electrotherm I (ELECTHERM_BE)

Target Type	Value
Downside Intraday Target	231.77
Downside Intraday Target	219.43
Upside Intraday Target	250.27
Upside Intraday Target	256.43
Downside Intraday Target	237.93

Weekly technical analysis of Electrotherm I (ELECTHERM_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
08 Fri Dec 2023	244.10	225.60	244.10	225.60	0.281 times
01 Fri Dec 2023	221.20	202.55	221.20	202.55	1.511 times
24 Fri Nov 2023	192.95	158.80	192.95	158.80	6.46 times
17 Fri Nov 2023	151.30	139.85	151.30	139.85	1.828 times
10 Fri Nov 2023	137.15	126.85	137.15	126.85	0.293 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 Electrotherm I (ELECTHERM_BE)

Date	Monthly Closing Price	Open	High	Low	Volume
08 Fri Dec 2023	244.10	221.20	244.10	221.20	0.208 times
30 Thu Nov 2023	216.90	123.55	216.90	120.00	0.307 times
31 Tue Oct 2023	123.40	110.75	153.70	109.65	1.868 times
29 Fri Sep 2023	114.85	138.05	155.30	114.85	0.292 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 Electrotherm I (ELECTHERM_BE)

Price action analysis of Electrotherm I ( (ELECTHERM_BE) ) based on a short term time period is neutral. A longer time frame might give a better analysis.

Price action analysis of Electrotherm I ( (ELECTHERM_BE) ) based on a short to mid term time period is neutral. A longer time frame might give a better analysis.

Price action analysis of Electrotherm I ( (ELECTHERM_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 Electrotherm I stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Electrotherm I 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.

Electrotherm I 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 green color and prices are above the green cloud Prices appear to be moving up

CCI has generated a buy signal for Electrotherm I 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 positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying might be slowing down

Stock of Electrotherm I is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 216.63 and Electrotherm I (ELECTHERM_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 Electrotherm I (ELECTHERM_BE) stock. Volume based technical analysis of Electrotherm I (ELECTHERM_BE) stock is negative.

Electrotherm I Stock is giving positive 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.