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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 2025-09-22 View latest technical analysis

10 day averaged volume of Elgi Rubber is 28234

Date	Daily Closing Price	Open	High	Low	Volume
22 Mon Sep 2025	70.08	70.50	71.67	69.11	0.676 times
19 Fri Sep 2025	71.02	71.34	71.99	69.85	0.384 times
18 Thu Sep 2025	71.34	72.69	72.69	70.01	0.526 times
17 Wed Sep 2025	70.19	71.86	71.86	69.21	0.323 times
16 Tue Sep 2025	70.46	71.57	72.50	70.20	0.799 times
15 Mon Sep 2025	71.57	69.60	72.42	69.15	1.256 times
12 Fri Sep 2025	69.98	69.50	73.00	69.50	0.824 times
11 Thu Sep 2025	70.26	69.60	70.96	69.50	0.795 times
10 Wed Sep 2025	70.26	70.17	71.80	69.51	0.886 times
09 Tue Sep 2025	70.17	69.30	71.99	69.30	1.466 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 72.8 as stoploss in an intra day sell trade for a target of 65.86. However, stock will show a bullish move above 72.8.

Share price targets for Elgi Rubber (ELGIRUBCO_BE)

Target Type	Value
Downside Target	48.20
Downside Target	50.20
Downside Target	53.31
Downside Target	60.19
Downside Target	63.00
Downside Target	69.00
Downside Target	69.50
Upside Target	70.55
Upside Target	71.67
Upside Target	72.69
Upside Target	74.95
Upside Target	77.00

Intraday share price targets for Elgi Rubber (ELGIRUBCO_BE)

Target Type	Value
Downside Intraday Target	68.9
Downside Intraday Target	67.73
Upside Intraday Target	71.46
Upside Intraday Target	72.85
Upside Intraday Target	70.29

Weekly technical analysis of Elgi Rubber (ELGIRUBCO_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
22 Mon Sep 2025	70.08	70.50	71.67	69.11	0.206 times
19 Fri Sep 2025	71.02	69.60	72.69	69.15	0.49 times
12 Fri Sep 2025	69.98	74.00	74.95	69.00	2.582 times
05 Fri Sep 2025	71.58	74.01	77.00	70.55	1.676 times
22 Fri Aug 2025	56.82	55.00	60.19	54.61	0.593 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
22 Mon Sep 2025	70.08	74.01	77.00	69.00	2.134 times
22 Fri Aug 2025	56.82	52.62	60.19	48.20	1.067 times
31 Thu Jul 2025	53.70	60.90	63.63	53.70	0.576 times
30 Mon Jun 2025	60.60	62.50	63.00	50.20	0.762 times

Scroll below to view daily charts

Price has moved up this month, and volume has increased substantially. This means that the move can 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 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 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 BUY. Signal strength is Strong 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. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of green color and prices are above 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

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 70.53 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 has given negative 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.