(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)
10 day averaged volume of Elgi Rubber is 133760
Date | Daily Closing Price | Open | High | Low | Volume |
28 Thu Mar 2024 | 48.60 | 48.20 | 50.30 | 48.20 | 0.456 times |
27 Wed Mar 2024 | 48.55 | 48.90 | 50.50 | 48.10 | 0.582 times |
26 Tue Mar 2024 | 48.90 | 51.20 | 51.20 | 48.05 | 0.748 times |
22 Fri Mar 2024 | 50.55 | 51.55 | 52.50 | 49.40 | 0.331 times |
21 Thu Mar 2024 | 51.35 | 49.35 | 52.00 | 49.30 | 0.309 times |
20 Wed Mar 2024 | 48.60 | 51.25 | 53.80 | 47.90 | 0.58 times |
19 Tue Mar 2024 | 50.90 | 52.65 | 53.50 | 49.95 | 0.36 times |
18 Mon Mar 2024 | 52.65 | 51.65 | 54.90 | 48.95 | 1.571 times |
15 Fri Mar 2024 | 49.55 | 50.90 | 51.50 | 48.15 | 0.529 times |
14 Thu Mar 2024 | 49.55 | 45.05 | 52.00 | 45.05 | 1.473 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 48.1 as stoploss in an intra day buy trade for a target of 53.37. However, stock will show a bearish move below 48.1.
Share price targets for Elgi Rubber (ELGIRUBCO)
Target Type | Value |
Downside Target | 41.00 |
Downside Target | 44.70 |
Downside Target | 47.90 |
Upside Target | 51.20 |
Upside Target | 53.85 |
Upside Target | 57.25 |
Upside Target | 59.00 |
Upside Target | 59.85 |
Upside Target | 63.05 |
Upside Target | 63.90 |
Upside Target | 65.00 |
Upside Target | 69.90 |
Intraday share price targets for Elgi Rubber (ELGIRUBCO)
Target Type | Value |
Downside Intraday Target | 47.37 |
Downside Intraday Target | 46.13 |
Upside Intraday Target | 50.52 |
Upside Intraday Target | 52.43 |
Upside Intraday Target | 49.28 |
Weekly technical analysis of Elgi Rubber (ELGIRUBCO)
Date | Weekly Closing Price | Open | High | Low | Volume |
28 Thu Mar 2024 | 48.60 | 51.20 | 51.20 | 48.05 | 0.567 times |
22 Fri Mar 2024 | 50.55 | 51.65 | 54.90 | 47.90 | 0.399 times |
15 Fri Mar 2024 | 49.55 | 57.50 | 59.00 | 44.70 | 4.697 times |
07 Thu Mar 2024 | 57.00 | 62.50 | 63.05 | 55.00 | 0.16 times |
02 Sat Mar 2024 | 62.60 | 67.90 | 69.90 | 58.10 | 0.714 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 |
28 Thu Mar 2024 | 48.60 | 61.45 | 65.00 | 44.70 | 0.452 times |
29 Thu Feb 2024 | 61.10 | 58.95 | 69.90 | 53.85 | 12.919 times |
31 Wed Jan 2024 | 58.15 | 60.80 | 63.90 | 57.60 | 0.104 times |
18 Mon Sep 2023 | 54.05 | 50.10 | 59.85 | 45.40 | 0.461 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 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 Elgi Rubber ( (ELGIRUBCO) ) 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 Elgi Rubber ( (ELGIRUBCO) ) 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 Elgi Rubber ( (ELGIRUBCO) ) 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 Elgi Rubber stock for short term is SELL. Signal strength is Strong and stock is losing momentum.
MACD generated a SELL signal for Elgi Rubber in short term and the sell signal is strong.
Elgi Rubber Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 SELL signal for Elgi Rubber 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 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 50.15 and Elgi Rubber (ELGIRUBCO) 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 Elgi Rubber (ELGIRUBCO) stock. Volume based technical analysis of Elgi Rubber (ELGIRUBCO) stock is negative.
Elgi Rubber 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.
Price action analysis of Elgi Rubber ( (ELGIRUBCO) ) 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 Elgi Rubber ( (ELGIRUBCO) ) 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 Elgi Rubber ( (ELGIRUBCO) ) 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 Elgi Rubber ( (ELGIRUBCO) ) 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 Elgi Rubber stock for short term is SELL. Signal strength is Strong and stock is losing momentum.
MACD generated a SELL signal for Elgi Rubber in short term and the sell signal is strong.
Elgi Rubber Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 SELL signal for Elgi Rubber 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 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 50.15 and Elgi Rubber (ELGIRUBCO) 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 Elgi Rubber (ELGIRUBCO) stock. Volume based technical analysis of Elgi Rubber (ELGIRUBCO) stock is negative.
Elgi Rubber 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.
Click here for Elgi Rubber charts
Click here for further forecast and predictions for tomorrow
Daily charts
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