Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 22949

Date	Daily Closing Price	Open	High	Low	Volume
05 Fri Dec 2025	50.03	53.40	53.69	49.92	1.984 times
04 Thu Dec 2025	52.55	52.89	53.80	51.21	0.572 times
03 Wed Dec 2025	52.45	54.14	54.37	51.52	0.876 times
02 Tue Dec 2025	53.55	56.37	57.89	53.55	1.034 times
01 Mon Dec 2025	56.37	57.40	57.40	55.80	1.099 times
28 Fri Nov 2025	55.20	52.00	55.20	52.00	0.741 times
27 Thu Nov 2025	52.58	50.95	53.28	50.40	0.613 times
26 Wed Nov 2025	51.02	52.48	52.48	50.22	1.643 times
25 Tue Nov 2025	52.48	52.06	54.45	50.06	1.377 times
24 Mon Nov 2025	52.06	55.60	55.65	52.06	1.181 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 51.5, but if it comes above 51.5, then a intra day buy could be more profitable.
If you take a sell trade below 51.5, then use 51.5 as stoploss and 47.6 as target. However if you take a buy trade in stock , then use 51.5 as stoploss and 54.74 as target.

Share price targets for Elgi Rubber (ELGIRUBCO_BE)

Target Type	Value
Downside Target	48.20
Downside Target	49.92
Upside Target	52.00
Upside Target	55.65
Upside Target	57.06
Upside Target	59.11
Upside Target	61.50
Upside Target	62.05
Upside Target	65.00
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	47.34
Downside Intraday Target	44.64
Upside Intraday Target	55.31
Upside Intraday Target	60.58
Upside Intraday Target	52.61

Weekly technical analysis of Elgi Rubber (ELGIRUBCO_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
05 Fri Dec 2025	50.03	57.40	57.89	49.92	1.002 times
28 Fri Nov 2025	55.20	55.60	55.65	50.06	0.812 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

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
05 Fri Dec 2025	50.03	57.40	57.89	49.92	0.3 times
28 Fri Nov 2025	55.20	67.19	69.99	50.06	1.459 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

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 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 neutral. A longer time frame might give a better analysis.

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 and selling is picking up momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 52.45 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.