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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 2025-06-25 View latest technical analysis

10 day averaged volume of Elgi Rubber is 15851

Date	Daily Closing Price	Open	High	Low	Volume
25 Wed Jun 2025	57.64	55.80	57.64	55.80	0.826 times
24 Tue Jun 2025	54.90	52.75	55.04	51.39	1.676 times
23 Mon Jun 2025	52.42	52.85	53.79	50.20	2.023 times
20 Fri Jun 2025	52.85	52.76	53.50	52.76	1.09 times
19 Thu Jun 2025	53.78	54.00	54.00	53.78	0.279 times
18 Wed Jun 2025	54.88	53.78	54.88	53.78	1.604 times
17 Tue Jun 2025	54.88	55.50	55.50	54.88	0.594 times
16 Mon Jun 2025	56.00	56.00	56.56	54.90	0.88 times
13 Fri Jun 2025	56.00	56.11	56.11	56.00	0.522 times
12 Thu Jun 2025	56.11	57.11	57.11	56.11	0.734 times

My analysis of stock is bullish for shortterm, and stock might move up till 60.2 or till 63.7. Use a stoploss of 57.25 and if this stock hits its stoploss, then it can fall down till 54.31

Share price targets for Elgi Rubber (ELGIRUBCO_BE)

Target Type	Value
Downside Target	50.20
Downside Target	51.98
Downside Target	56.00
Upside Target	62.25
Upside Target	62.50
Upside Target	64.00
Upside Target	66.34
Upside Target	69.50
Upside Target	70.95
Upside Target	107.00

Intraday share price targets for Elgi Rubber (ELGIRUBCO_BE)

Target Type	Value
Downside Intraday Target	52.68
Downside Intraday Target	47.72
Upside Intraday Target	60.12
Upside Intraday Target	62.6
Downside Intraday Target	55.16

Weekly technical analysis of Elgi Rubber (ELGIRUBCO_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
25 Wed Jun 2025	57.64	52.85	57.64	50.20	1.018 times
20 Fri Jun 2025	52.85	56.00	56.56	52.76	1.462 times
13 Fri Jun 2025	56.00	58.00	58.40	56.00	1.241 times
06 Fri Jun 2025	57.74	62.50	62.50	57.71	1.351 times
30 Fri May 2025	62.50	62.50	64.00	62.50	0.601 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
25 Wed Jun 2025	57.64	62.50	62.50	50.20	0.612 times
30 Fri May 2025	62.50	62.44	69.50	53.31	3.215 times
30 Wed Apr 2025	62.44	66.34	66.34	58.10	0.105 times
28 Fri Mar 2025	66.34	63.00	70.95	51.98	1.608 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 Weak and stock is losing momentum.

MACD generated a BUY signal for Elgi Rubber in short term but the buy signal is initial and weak.

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 negative zone. This is the SELL 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 54.62 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 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 negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.