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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)

10 day averaged volume of Elgi Rubber is 31298

Date	Daily Closing Price	Open	High	Low	Volume
19 Fri Sep 2025	71.02	71.34	71.99	69.85	0.347 times
18 Thu Sep 2025	71.34	72.69	72.69	70.01	0.475 times
17 Wed Sep 2025	70.19	71.86	71.86	69.21	0.291 times
16 Tue Sep 2025	70.46	71.57	72.50	70.20	0.721 times
15 Mon Sep 2025	71.57	69.60	72.42	69.15	1.133 times
12 Fri Sep 2025	69.98	69.50	73.00	69.50	0.744 times
11 Thu Sep 2025	70.26	69.60	70.96	69.50	0.717 times
10 Wed Sep 2025	70.26	70.17	71.80	69.51	0.799 times
09 Tue Sep 2025	70.17	69.30	71.99	69.30	1.322 times
08 Mon Sep 2025	70.27	74.00	74.95	69.00	2.471 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 72.3 as stoploss in an intra day sell trade for a target of 65.09. However, stock will show a bullish move above 72.3.

Share price targets for Elgi Rubber (ELGIRUBCO_BE)

Target Type	Value
Downside Target	48.20
Downside Target	49.81
Downside Target	53.31
Downside Target	60.18
Downside Target	63.00
Downside Target	69.00
Downside Target	69.15
Downside Target	69.50
Downside Target	70.55
Upside Target	72.69
Upside Target	74.95
Upside Target	77.00

Intraday share price targets for Elgi Rubber (ELGIRUBCO_BE)

Target Type	Value
Downside Intraday Target	69.22
Downside Intraday Target	67.41
Upside Intraday Target	72.76
Upside Intraday Target	74.49
Downside Intraday Target	70.95

Weekly technical analysis of Elgi Rubber (ELGIRUBCO_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
19 Fri Sep 2025	71.02	69.60	72.69	69.15	0.49 times
12 Fri Sep 2025	69.98	74.00	74.95	69.00	2.582 times
05 Fri Sep 2025	71.58	74.01	77.00	70.55	1.676 times
22 Fri Aug 2025	56.82	55.00	60.19	54.61	0.593 times
14 Thu Aug 2025	54.46	49.81	60.18	49.81	1.319 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
19 Fri Sep 2025	71.02	74.01	77.00	69.00	2.026 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
30 Mon Jun 2025	60.60	62.50	63.00	50.20	0.762 times

Scroll below to view daily charts

Price has moved up this month, and volume has increased substantially. This means that the move can 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 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 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

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

MACD generated a BUY signal for Elgi Rubber in short term and the buy 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 green color and prices are above the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Elgi Rubber in short term but SELL signal is weak.

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

Although the stock is in the SELL zone, but selling 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 70.49 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 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 positive

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