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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 2025-10-27 View latest technical analysis

10 day averaged volume of Elgi Rubber is 11562

Date	Daily Closing Price	Open	High	Low	Volume
27 Mon Oct 2025	61.84	62.94	64.40	61.35	1.274 times
24 Fri Oct 2025	61.71	60.76	63.70	60.76	1.024 times
23 Thu Oct 2025	62.32	60.15	63.94	60.15	2.181 times
21 Tue Oct 2025	61.36	60.40	62.79	60.40	0.197 times
20 Mon Oct 2025	60.85	61.91	63.50	60.10	0.511 times
17 Fri Oct 2025	61.91	62.80	62.80	60.85	0.544 times
16 Thu Oct 2025	60.87	62.00	62.89	60.20	0.809 times
15 Wed Oct 2025	62.20	59.20	64.40	59.20	1.687 times
14 Tue Oct 2025	62.31	64.79	64.79	62.02	1.993 times
13 Mon Oct 2025	63.55	64.00	66.00	63.50	0.724 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 61.6 as stoploss in an intra day buy trade for a target of 64.2. However, stock will show a bearish move below 61.6.

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	59.20
Upside Target	63.00
Upside Target	64.50
Upside Target	65.00
Upside Target	66.00
Upside Target	69.50
Upside Target	70.00
Upside Target	77.00

Intraday share price targets for Elgi Rubber (ELGIRUBCO_BE)

Target Type	Value
Downside Intraday Target	60.66
Downside Intraday Target	59.48
Upside Intraday Target	63.71
Upside Intraday Target	65.58
Upside Intraday Target	62.53

Weekly technical analysis of Elgi Rubber (ELGIRUBCO_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
27 Mon Oct 2025	61.84	62.94	64.40	61.35	0.326 times
24 Fri Oct 2025	61.71	61.91	63.94	60.10	0.68 times
17 Fri Oct 2025	61.91	64.00	66.00	59.20	1.293 times
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

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
27 Mon Oct 2025	61.84	66.00	70.00	59.20	0.422 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 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.

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 and the sell 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 red color and prices are below 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 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 62.05 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 negative.

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