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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)

Showing technical analysis as on 2025-01-13 View latest technical analysis

10 day averaged volume of Elgi Rubber is 61097

Date	Daily Closing Price	Open	High	Low	Volume
13 Mon Jan 2025	115.33	116.41	116.41	115.33	0.295 times
10 Fri Jan 2025	121.41	125.50	126.10	121.41	0.759 times
09 Thu Jan 2025	127.81	135.00	137.00	127.81	0.838 times
08 Wed Jan 2025	134.54	134.70	138.00	132.00	1.223 times
07 Tue Jan 2025	132.30	126.50	133.05	124.00	1.204 times
06 Mon Jan 2025	126.72	136.95	140.00	126.72	2.46 times
03 Fri Jan 2025	133.39	126.90	133.39	123.00	1.054 times
02 Thu Jan 2025	127.04	133.00	133.00	126.87	0.994 times
01 Wed Jan 2025	133.55	131.05	135.60	129.24	0.846 times
25 Fri Oct 2024	90.94	94.75	94.75	87.34	0.479 times

My analysis of stock is bullish for shortterm, and stock might move up till 127.4 or till 146.1. Use a stoploss of 111.91 and if this stock hits its stoploss, then it can fall down till 96.39

Share price targets for Elgi Rubber (ELGIRUBCO_BE)

Target Type	Value
Downside Target	68.60
Downside Target	86.00
Downside Target	90.00
Downside Target	94.20
Downside Target	108.99
Downside Target	115.33
Upside Target	116.41
Upside Target	121.41
Upside Target	123.00
Upside Target	135.60
Upside Target	140.00

Intraday share price targets for Elgi Rubber (ELGIRUBCO_BE)

Target Type	Value
Downside Intraday Target	114.97
Downside Intraday Target	114.61
Upside Intraday Target	116.05
Upside Intraday Target	116.77
Upside Intraday Target	115.69

Weekly technical analysis of Elgi Rubber (ELGIRUBCO_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
13 Mon Jan 2025	115.33	116.41	116.41	115.33	0.046 times
10 Fri Jan 2025	121.41	136.95	140.00	121.41	2.241 times
03 Fri Jan 2025	133.39	131.05	135.60	123.00	1.666 times
25 Fri Oct 2024	90.94	108.99	108.99	87.34	0.608 times
18 Fri Oct 2024	105.02	95.55	109.65	95.55	1.547 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
13 Mon Jan 2025	115.33	131.05	140.00	115.33	1.225 times
25 Fri Oct 2024	90.94	96.51	109.65	87.34	0.621 times
30 Mon Sep 2024	96.91	109.39	113.28	90.00	0.659 times
30 Fri Aug 2024	107.25	94.50	111.56	86.00	0.725 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 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 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 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 BUY. Signal strength is Weak and stock is losing momentum.

MACD generated a BUY signal for Elgi Rubber in short term and the buy 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. Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are in or below the green 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 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 127.29 and Elgi Rubber (ELGIRUBCO_BE) 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_BE) stock. Volume based technical analysis of Elgi Rubber (ELGIRUBCO_BE) stock is negative.

Elgi Rubber 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.