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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 2025-11-07 View latest technical analysis

10 day averaged volume of Elgi Rubber is 16338

Date	Daily Closing Price	Open	High	Low	Volume
07 Fri Nov 2025	62.76	65.10	65.10	61.50	1.065 times
06 Thu Nov 2025	64.52	67.60	68.27	64.22	0.441 times
04 Tue Nov 2025	67.60	66.60	68.55	66.20	0.497 times
03 Mon Nov 2025	68.61	67.19	69.99	65.51	0.972 times
31 Fri Oct 2025	68.56	68.30	69.15	67.00	1.203 times
30 Thu Oct 2025	66.11	65.80	66.31	63.80	1.323 times
29 Wed Oct 2025	63.16	61.24	63.55	60.26	0.822 times
28 Tue Oct 2025	61.63	61.01	62.90	59.11	1.57 times
27 Mon Oct 2025	61.84	62.94	64.40	61.35	0.902 times
24 Fri Oct 2025	61.71	60.76	63.70	60.76	0.725 times

My analysis of stock is bearish for shortterm, and stock might move down till 61.2 or till 58.3. Use a stoploss of 63.61 and if the stock hits stoploss, then it can shoot up till 66.04

Share price targets for Elgi Rubber (ELGIRUBCO_BE)

Target Type	Value
Downside Target	48.20
Downside Target	53.70
Downside Target	59.11
Downside Target	61.50
Upside Target	63.63
Upside Target	66.00
Upside Target	69.15
Upside Target	69.99
Upside Target	70.00
Upside Target	77.00

Intraday share price targets for Elgi Rubber (ELGIRUBCO_BE)

Target Type	Value
Downside Intraday Target	59.51
Downside Intraday Target	56.26
Upside Intraday Target	68
Upside Intraday Target	73.24
Upside Intraday Target	64.75

Weekly technical analysis of Elgi Rubber (ELGIRUBCO_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
07 Fri Nov 2025	62.76	67.19	69.99	61.50	0.511 times
31 Fri Oct 2025	68.56	62.94	69.15	59.11	2.102 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

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
07 Fri Nov 2025	62.76	67.19	69.99	61.50	0.167 times
31 Fri Oct 2025	68.56	66.00	70.00	59.11	0.583 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

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 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 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 Strong and stock is gaining momentum.

MACD generated a BUY signal for Elgi Rubber in short term and the buy 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. Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of red color and prices are below the red 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

Although the stock is in the BUY zone, but buying 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 64.57 and Elgi Rubber (ELGIRUBCO_BE) stock is trading below this level. This means that stock is falling with high volumes. 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.