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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 2025-10-07 View latest technical analysis

10 day averaged volume of Elgi Rubber is 18321

Date	Daily Closing Price	Open	High	Low	Volume
07 Tue Oct 2025	67.49	66.70	70.00	65.07	0.678 times
06 Mon Oct 2025	67.45	67.00	68.85	65.63	0.249 times
03 Fri Oct 2025	65.94	65.00	66.94	64.00	1.257 times
01 Wed Oct 2025	65.08	66.00	67.90	64.00	0.573 times
30 Tue Sep 2025	65.09	65.05	68.79	65.00	0.851 times
29 Mon Sep 2025	66.96	69.00	69.50	66.50	0.957 times
26 Fri Sep 2025	69.25	69.40	70.50	69.06	1.232 times
25 Thu Sep 2025	69.62	70.89	70.89	69.07	1.317 times
24 Wed Sep 2025	69.81	69.05	70.93	69.05	1.766 times
23 Tue Sep 2025	69.57	69.10	72.00	69.10	0.756 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 67.1 as stoploss in an intra day buy trade for a target of 69.08. However, stock will show a bearish move below 67.1.

Share price targets for Elgi Rubber (ELGIRUBCO_BE)

Target Type	Value
Downside Target	48.20
Downside Target	50.20
Downside Target	53.70
Downside Target	60.19
Downside Target	63.00
Upside Target	69.00
Upside Target	69.50
Upside Target	70.00
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	65.04
Downside Intraday Target	62.59
Upside Intraday Target	69.97
Upside Intraday Target	72.45
Upside Intraday Target	67.52

Weekly technical analysis of Elgi Rubber (ELGIRUBCO_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
07 Tue Oct 2025	67.49	67.00	70.00	65.07	0.255 times
03 Fri Oct 2025	65.94	69.00	69.50	64.00	0.595 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

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
07 Tue Oct 2025	67.49	66.00	70.00	64.00	0.101 times
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

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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 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 gaining momentum.

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

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 in or below the green cloud Prices appear to be moving up

CCI has generated a buy signal for Elgi Rubber in short term but BUY signal is weak.

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 67.98 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.