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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 2025-10-30 View latest technical analysis

10 day averaged volume of Elgi Rubber is 13421

Date	Daily Closing Price	Open	High	Low	Volume
30 Thu Oct 2025	66.11	65.80	66.31	63.80	1.611 times
29 Wed Oct 2025	63.16	61.24	63.55	60.26	1.001 times
28 Tue Oct 2025	61.63	61.01	62.90	59.11	1.912 times
27 Mon Oct 2025	61.84	62.94	64.40	61.35	1.098 times
24 Fri Oct 2025	61.71	60.76	63.70	60.76	0.882 times
23 Thu Oct 2025	62.32	60.15	63.94	60.15	1.879 times
21 Tue Oct 2025	61.36	60.40	62.79	60.40	0.17 times
20 Mon Oct 2025	60.85	61.91	63.50	60.10	0.44 times
17 Fri Oct 2025	61.91	62.80	62.80	60.85	0.469 times
16 Thu Oct 2025	60.87	62.00	62.89	60.20	0.697 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 65.9, but if it comes below 65.9, then a intra day sell could be more profitable.
If you take a sell trade below 65.9, then use 65.9 as stoploss and 63.68 as target. However if you take a buy trade in stock , then use 65.9 as stoploss and 68.7 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	59.11
Downside Target	63.00
Downside Target	65.00
Downside Target	66.00
Upside Target	66.31
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	61.38
Downside Intraday Target	56.64
Upside Intraday Target	68.58
Upside Intraday Target	71.04
Downside Intraday Target	63.84

Weekly technical analysis of Elgi Rubber (ELGIRUBCO_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
30 Thu Oct 2025	66.11	62.94	66.31	59.11	1.667 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, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Elgi Rubber (ELGIRUBCO_BE)

Date	Monthly Closing Price	Open	High	Low	Volume
30 Thu Oct 2025	66.11	66.00	70.00	59.11	0.544 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 trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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

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

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Elgi Rubber Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

Ichimoku cloud is of red color and prices are in or above 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 and the buying is gaining 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 62.57 and Elgi Rubber (ELGIRUBCO_BE) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 is giving positive 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.