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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 2025-11-20 View latest technical analysis

10 day averaged volume of Elgi Rubber is 24280

Date	Daily Closing Price	Open	High	Low	Volume
20 Thu Nov 2025	54.13	52.15	54.79	52.15	0.491 times
19 Wed Nov 2025	52.98	52.70	53.10	52.00	0.621 times
18 Tue Nov 2025	52.04	54.32	55.49	52.00	2.222 times
17 Mon Nov 2025	54.32	57.06	57.06	54.21	2.313 times
14 Fri Nov 2025	57.07	59.77	60.07	57.06	2.365 times
13 Thu Nov 2025	60.07	60.89	61.00	59.80	0.245 times
12 Wed Nov 2025	60.74	59.77	61.57	59.77	0.251 times
11 Tue Nov 2025	59.77	60.57	60.59	59.05	0.219 times
10 Mon Nov 2025	60.62	62.05	62.05	60.00	0.75 times
07 Fri Nov 2025	62.76	65.10	65.10	61.50	0.716 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 56.2, but if it comes above 56.2, then a intra day buy could be more profitable.
If you take a sell trade below 56.2, then use 56.2 as stoploss and 50.4 as target. However if you take a buy trade in stock , then use 56.2 as stoploss and 61.03 as target.

Share price targets for Elgi Rubber (ELGIRUBCO_BE)

Target Type	Value
Downside Target	48.20
Downside Target	52.00
Downside Target	53.70
Upside Target	57.06
Upside Target	59.11
Upside Target	61.50
Upside Target	63.63
Upside Target	65.00
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	51.73
Downside Intraday Target	49.34
Upside Intraday Target	56.79
Upside Intraday Target	59.46
Upside Intraday Target	54.4

Weekly technical analysis of Elgi Rubber (ELGIRUBCO_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
20 Thu Nov 2025	54.13	57.06	57.06	52.00	1.474 times
14 Fri Nov 2025	57.07	62.05	62.05	57.06	1.913 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

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
20 Thu Nov 2025	54.13	67.19	69.99	52.00	0.955 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 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 Strong 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 is trading near its recent LOWS in short term which reflects strong selling momentum. 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 but BUY signal is weak.

RSI is generating a SELL signal in short term and selling is picking up 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 55.84 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.