(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)
Showing technical analysis as on 2024-01-22 View latest technical analysis
10 day averaged volume of Elgi Rubber is 27741
Date | Daily Closing Price | Open | High | Low | Volume |
22 Mon Jan 2024 | 58.20 | 55.50 | 58.25 | 55.00 | 1.389 times |
19 Fri Jan 2024 | 55.50 | 56.00 | 57.50 | 54.90 | 0.494 times |
18 Thu Jan 2024 | 55.55 | 55.30 | 56.00 | 52.50 | 0.782 times |
17 Wed Jan 2024 | 54.20 | 54.45 | 55.90 | 52.95 | 0.769 times |
16 Tue Jan 2024 | 54.45 | 57.80 | 57.80 | 54.10 | 2.351 times |
15 Mon Jan 2024 | 56.95 | 57.75 | 57.75 | 55.10 | 1.517 times |
12 Fri Jan 2024 | 55.00 | 56.20 | 57.05 | 55.00 | 0.724 times |
11 Thu Jan 2024 | 56.10 | 56.00 | 56.10 | 56.00 | 1.236 times |
10 Wed Jan 2024 | 57.05 | 57.05 | 57.05 | 57.05 | 0.504 times |
09 Tue Jan 2024 | 58.20 | 59.30 | 59.30 | 58.20 | 0.342 times |
My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 58.7 as stoploss in an intra day sell trade for a target of 57.03. However, stock will show a bullish move above 58.7.
Share price targets for Elgi Rubber (ELGIRUBCO_BE)
Target Type | Value |
Downside Target | 45.40 |
Downside Target | 48.50 |
Downside Target | 50.10 |
Downside Target | 52.50 |
Downside Target | 54.40 |
Downside Target | 57.80 |
Downside Target | 58.20 |
Upside Target | 58.25 |
Upside Target | 59.35 |
Upside Target | 60.75 |
Upside Target | 61.45 |
Upside Target | 68.45 |
Intraday share price targets for Elgi Rubber (ELGIRUBCO_BE)
Target Type | Value |
Downside Intraday Target | 56.05 |
Downside Intraday Target | 53.9 |
Upside Intraday Target | 59.3 |
Upside Intraday Target | 60.4 |
Downside Intraday Target | 57.15 |
Weekly technical analysis of Elgi Rubber (ELGIRUBCO_BE)
Date | Weekly Closing Price | Open | High | Low | Volume |
22 Mon Jan 2024 | 58.20 | 55.50 | 58.25 | 55.00 | 0.235 times |
19 Fri Jan 2024 | 55.50 | 57.75 | 57.80 | 52.50 | 1.447 times |
12 Fri Jan 2024 | 55.00 | 59.35 | 59.35 | 55.00 | 0.751 times |
05 Fri Jan 2024 | 58.20 | 56.70 | 58.20 | 55.60 | 1.382 times |
29 Fri Dec 2023 | 57.85 | 58.05 | 61.45 | 57.85 | 0.779 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 Elgi Rubber (ELGIRUBCO_BE)
Date | Monthly Closing Price | Open | High | Low | Volume |
22 Mon Jan 2024 | 58.20 | 56.70 | 59.35 | 52.50 | 0.426 times |
29 Fri Dec 2023 | 57.85 | 56.70 | 68.45 | 54.40 | 0.995 times |
30 Thu Nov 2023 | 55.70 | 50.40 | 60.75 | 48.50 | 1.432 times |
31 Tue Oct 2023 | 49.10 | 52.45 | 55.00 | 45.40 | 2.579 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 Elgi Rubber (ELGIRUBCO_BE)
Price action analysis of Elgi Rubber ( (ELGIRUBCO_BE) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Elgi Rubber ( (ELGIRUBCO_BE) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Elgi Rubber ( (ELGIRUBCO_BE) ) based on a short to mid term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Elgi Rubber ( (ELGIRUBCO_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 Elgi Rubber stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Elgi Rubber in short term and the sell signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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. Bulls are getting stronger in this stock.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up
CCI has generated a buy signal for Elgi Rubber in short term and BUY signal is strong.
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in positive zone. This is a BUY zone
Stock of Elgi Rubber is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 55.96 and Elgi Rubber (ELGIRUBCO_BE) stock is trading above this level. This is a good sign for the stock and it could move higher. 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.
Price action analysis of Elgi Rubber ( (ELGIRUBCO_BE) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Elgi Rubber ( (ELGIRUBCO_BE) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Elgi Rubber ( (ELGIRUBCO_BE) ) based on a short to mid term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Elgi Rubber ( (ELGIRUBCO_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 Elgi Rubber stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Elgi Rubber in short term and the sell signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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. Bulls are getting stronger in this stock.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up
CCI has generated a buy signal for Elgi Rubber in short term and BUY signal is strong.
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in positive zone. This is a BUY zone
Stock of Elgi Rubber is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 55.96 and Elgi Rubber (ELGIRUBCO_BE) stock is trading above this level. This is a good sign for the stock and it could move higher. 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.
Click here for Elgi Rubber charts
Click here for further forecast and predictions for tomorrow
Daily charts
COMMODITY Gainers BSE Gainers BSE Losers BSE Scanner CLOSED NEAR HIGH BSE Scanner CLOSED NEAR LOW USA Gainers USA Losers USA Scanner CLOSED NEAR HIGH USA Scanner CLOSED NEAR LOW USA Scanner UPTRENDING USA Scanner DOWNTRENDING
Munafa NEWSTerms of Use Stock Market News! © munafa.org2024 All Rights reserved.