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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 2025-09-30 View latest technical analysis

10 day averaged volume of Elgi Rubber is 18695

Date	Daily Closing Price	Open	High	Low	Volume
30 Tue Sep 2025	65.09	65.05	68.79	65.00	0.834 times
29 Mon Sep 2025	66.96	69.00	69.50	66.50	0.938 times
26 Fri Sep 2025	69.25	69.40	70.50	69.06	1.208 times
25 Thu Sep 2025	69.62	70.89	70.89	69.07	1.29 times
24 Wed Sep 2025	69.81	69.05	70.93	69.05	1.731 times
23 Tue Sep 2025	69.57	69.10	72.00	69.10	0.741 times
22 Mon Sep 2025	70.08	70.50	71.67	69.11	1.022 times
19 Fri Sep 2025	71.02	71.34	71.99	69.85	0.581 times
18 Thu Sep 2025	71.34	72.69	72.69	70.01	0.795 times
17 Wed Sep 2025	70.19	71.86	71.86	69.21	0.488 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 66.1, but if it comes above 66.1, then a intra day buy could be more profitable.
If you take a sell trade below 66.1, then use 66.1 as stoploss and 62 as target. However if you take a buy trade in stock , then use 66.1 as stoploss and 69.41 as target.

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	65.00
Upside Target	69.00
Upside Target	70.55
Upside Target	72.00
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	63.56
Downside Intraday Target	62.03
Upside Intraday Target	68.06
Upside Intraday Target	71.03
Upside Intraday Target	66.53

Weekly technical analysis of Elgi Rubber (ELGIRUBCO_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
30 Tue Sep 2025	65.09	69.00	69.50	65.00	0.296 times
26 Fri Sep 2025	69.25	70.50	72.00	69.05	1.206 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

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
30 Tue Sep 2025	65.09	74.01	77.00	65.00	2.852 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 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 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 neutral. A longer time frame might give a better analysis.

ADX buy sell signal for Elgi Rubber stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.

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

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 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 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 69.26 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 positive

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