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(ELGIRUBCO) Elgi Rubber complete technical analysis [charts+indicators] | Buy/Sell Elgi Rubber | (ELGIRUBCO) share price targets

Complete technical analysis of Elgi Rubber (ELGIRUBCO) by charts plus indicators, forecast predictions and share price targets for Elgi Rubber (ELGIRUBCO)

Showing technical analysis as on 2025-09-02 View latest technical analysis

10 day averaged volume of Elgi Rubber is 1105627

Date	Daily Closing Price	Open	High	Low	Volume
02 Tue Sep 2025	75.68	81.20	81.99	75.10	0.346 times
01 Mon Sep 2025	83.45	83.60	90.50	82.00	1.012 times
29 Fri Aug 2025	82.54	74.55	85.48	74.50	2.05 times
28 Thu Aug 2025	71.37	65.00	75.97	59.30	1.268 times
26 Tue Aug 2025	63.31	53.09	63.70	50.00	1.082 times
25 Mon Aug 2025	53.09	59.00	61.80	52.51	0.076 times
31 Tue Dec 2024	136.05	140.50	142.00	133.01	0.197 times
30 Mon Dec 2024	138.54	146.00	154.98	136.50	0.88 times
27 Fri Dec 2024	146.84	130.96	151.90	126.35	2.92 times
26 Thu Dec 2024	130.16	115.65	137.70	114.11	0.484 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 83.7, but if it comes above 83.7, then a intra day buy could be more profitable.
If you take a sell trade below 83.7, then use 83.7 as stoploss and 50.9 as target. However if you take a buy trade in stock , then use 83.7 as stoploss and 111 as target.

Share price targets for Elgi Rubber (ELGIRUBCO)

Target Type	Value
Downside Target	50.00
Downside Target	75.10
Upside Target	85.00
Upside Target	90.50
Upside Target	93.01
Upside Target	100.99
Upside Target	105.30
Upside Target	114.11
Upside Target	120.02
Upside Target	133.01
Upside Target	139.90
Upside Target	139.95
Upside Target	151.90
Upside Target	154.98

Intraday share price targets for Elgi Rubber (ELGIRUBCO)

Target Type	Value
Downside Intraday Target	70.35
Downside Intraday Target	65.03
Upside Intraday Target	85.75
Upside Intraday Target	95.83
Upside Intraday Target	80.43

Weekly technical analysis of Elgi Rubber (ELGIRUBCO)

Date	Weekly Closing Price	Open	High	Low	Volume
02 Tue Sep 2025	75.68	83.60	90.50	75.10	0.303 times
29 Fri Aug 2025	82.54	59.00	85.48	50.00	4.157 times
31 Tue Dec 2024	136.05	146.00	154.98	133.01	0.31 times
27 Fri Dec 2024	146.84	122.70	151.90	114.11	4.211 times
20 Fri Dec 2024	120.88	128.64	139.90	120.02	1.104 times

Price has moved down 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 Elgi Rubber (ELGIRUBCO)

Date	Monthly Closing Price	Open	High	Low	Volume
02 Tue Sep 2025	75.68	83.60	90.50	75.10	0.303 times
29 Fri Aug 2025	82.54	59.00	85.48	50.00	0.542 times
31 Tue Dec 2024	136.05	113.80	154.98	105.30	1.874 times
29 Fri Nov 2024	112.47	93.01	139.95	93.01	40.066 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 Elgi Rubber (ELGIRUBCO)

Price action analysis of Elgi Rubber ( (ELGIRUBCO) ) 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 Elgi Rubber ( (ELGIRUBCO) ) 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 Elgi Rubber ( (ELGIRUBCO) ) 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 Elgi Rubber stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Elgi Rubber in short term and the sell signal is strong.

Elgi Rubber Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

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

CCI has generated a SELL signal for Elgi Rubber in short term and SELL 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 Elgi Rubber is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 105.03 and Elgi Rubber (ELGIRUBCO) 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 Elgi Rubber (ELGIRUBCO) stock. Volume based technical analysis of Elgi Rubber (ELGIRUBCO) stock is negative.

Elgi Rubber 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.