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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 2025-11-11 View latest technical analysis

10 day averaged volume of Elgi Rubber is 16192

Date	Daily Closing Price	Open	High	Low	Volume
11 Tue Nov 2025	59.77	60.57	60.59	59.05	0.328 times
10 Mon Nov 2025	60.62	62.05	62.05	60.00	1.124 times
07 Fri Nov 2025	62.76	65.10	65.10	61.50	1.074 times
06 Thu Nov 2025	64.52	67.60	68.27	64.22	0.445 times
04 Tue Nov 2025	67.60	66.60	68.55	66.20	0.502 times
03 Mon Nov 2025	68.61	67.19	69.99	65.51	0.981 times
31 Fri Oct 2025	68.56	68.30	69.15	67.00	1.214 times
30 Thu Oct 2025	66.11	65.80	66.31	63.80	1.335 times
29 Wed Oct 2025	63.16	61.24	63.55	60.26	0.83 times
28 Tue Oct 2025	61.63	61.01	62.90	59.11	1.584 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 60.5, but if it comes above 60.5, then a intra day buy could be more profitable.
If you take a sell trade below 60.5, then use 60.5 as stoploss and 57.5 as target. However if you take a buy trade in stock , then use 60.5 as stoploss and 63.11 as target.

Share price targets for Elgi Rubber (ELGIRUBCO_BE)

Target Type	Value
Downside Target	48.20
Downside Target	53.70
Downside Target	59.05
Upside Target	61.50
Upside Target	63.63
Upside Target	65.00
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	58.53
Downside Intraday Target	57.29
Upside Intraday Target	61.53
Upside Intraday Target	63.29
Upside Intraday Target	60.29

Weekly technical analysis of Elgi Rubber (ELGIRUBCO_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
11 Tue Nov 2025	59.77	62.05	62.05	59.05	0.484 times
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

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
11 Tue Nov 2025	59.77	67.19	69.99	59.05	0.247 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 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 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 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 Strong and stock is gaining momentum.

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

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 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 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 64.42 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 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.