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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 2025-10-10 View latest technical analysis

10 day averaged volume of Elgi Rubber is 16103

Date	Daily Closing Price	Open	High	Low	Volume
10 Fri Oct 2025	64.72	65.20	66.00	64.50	0.237 times
09 Thu Oct 2025	65.59	67.64	67.64	65.27	0.492 times
08 Wed Oct 2025	67.45	66.00	70.00	66.00	1.414 times
07 Tue Oct 2025	67.49	66.70	70.00	65.07	0.771 times
06 Mon Oct 2025	67.45	67.00	68.85	65.63	0.283 times
03 Fri Oct 2025	65.94	65.00	66.94	64.00	1.43 times
01 Wed Oct 2025	65.08	66.00	67.90	64.00	0.652 times
30 Tue Sep 2025	65.09	65.05	68.79	65.00	0.968 times
29 Mon Sep 2025	66.96	69.00	69.50	66.50	1.089 times
26 Fri Sep 2025	69.25	69.40	70.50	69.06	1.402 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 66.2, but if it comes above 66.2, then a intra day buy could be more profitable.
If you take a sell trade below 66.2, then use 66.2 as stoploss and 63.6 as target. However if you take a buy trade in stock , then use 66.2 as stoploss and 68.43 as target.

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	62.81
Downside Intraday Target	60.91
Upside Intraday Target	68.31
Upside Intraday Target	71.91
Upside Intraday Target	66.41

Weekly technical analysis of Elgi Rubber (ELGIRUBCO_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
10 Fri Oct 2025	64.72	67.00	70.00	64.50	0.773 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 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
10 Fri Oct 2025	64.72	66.00	70.00	64.00	0.17 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 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 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 term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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 SELL. Signal strength is Weak and stock is losing 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 and the buying is gaining 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 66.82 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.