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

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

10 day averaged volume of Elgi Rubber is 28515

Date	Daily Closing Price	Open	High	Low	Volume
26 Wed Nov 2025	51.02	52.48	52.48	50.22	1.322 times
25 Tue Nov 2025	52.48	52.06	54.45	50.06	1.108 times
24 Mon Nov 2025	52.06	55.60	55.65	52.06	0.95 times
21 Fri Nov 2025	54.81	55.40	55.60	53.12	0.697 times
20 Thu Nov 2025	54.13	52.15	54.79	52.15	0.418 times
19 Wed Nov 2025	52.98	52.70	53.10	52.00	0.528 times
18 Tue Nov 2025	52.04	54.32	55.49	52.00	1.892 times
17 Mon Nov 2025	54.32	57.06	57.06	54.21	1.97 times
14 Fri Nov 2025	57.07	59.77	60.07	57.06	2.014 times
13 Thu Nov 2025	60.07	60.89	61.00	59.80	0.209 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 53.3, but if it comes above 53.3, then a intra day buy could be more profitable.
If you take a sell trade below 53.3, then use 53.3 as stoploss and 46.3 as target. However if you take a buy trade in stock , then use 53.3 as stoploss and 59.17 as target.

Share price targets for Elgi Rubber (ELGIRUBCO_BE)

Target Type	Value
Downside Target	48.20
Downside Target	50.06
Upside Target	52.00
Upside Target	53.70
Upside Target	55.65
Upside Target	57.06
Upside Target	59.11
Upside Target	61.50
Upside Target	63.63
Upside Target	65.00
Upside Target	69.15
Upside Target	69.99
Upside Target	70.00
Upside Target	77.00

Intraday share price targets for Elgi Rubber (ELGIRUBCO_BE)

Target Type	Value
Downside Intraday Target	48.84
Downside Intraday Target	46.65
Upside Intraday Target	54.43
Upside Intraday Target	57.83
Upside Intraday Target	52.24

Weekly technical analysis of Elgi Rubber (ELGIRUBCO_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
26 Wed Nov 2025	51.02	55.60	55.65	50.06	0.614 times
21 Fri Nov 2025	54.81	57.06	57.06	52.00	1.688 times
14 Fri Nov 2025	57.07	62.05	62.05	57.06	1.913 times
07 Fri Nov 2025	62.76	67.19	69.99	61.50	0.511 times
31 Fri Oct 2025	68.56	62.94	69.15	59.11	2.102 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_BE)

Date	Monthly Closing Price	Open	High	Low	Volume
26 Wed Nov 2025	51.02	67.19	69.99	50.06	1.353 times
31 Fri Oct 2025	68.56	66.00	70.00	59.11	0.583 times
30 Tue Sep 2025	65.09	74.01	77.00	65.00	2.852 times
22 Fri Aug 2025	56.82	52.62	60.19	48.20	1.067 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_BE)

Price action analysis of Elgi Rubber ( (ELGIRUBCO_BE) ) 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 Elgi Rubber ( (ELGIRUBCO_BE) ) 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_BE) ) 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_BE) ) 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 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 getting stronger in this stock.

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 53.73 and Elgi Rubber (ELGIRUBCO_BE) 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_BE) stock. Volume based technical analysis of Elgi Rubber (ELGIRUBCO_BE) 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.