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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 17458

Date Daily Closing Price Open High Low Volume
03 Thu Jul 2025 60.18 60.40 61.00 60.18 0.8 times
02 Wed Jul 2025 61.41 61.41 61.41 61.41 0.355 times
01 Tue Jul 2025 62.67 60.90 63.63 59.00 1.064 times
30 Mon Jun 2025 60.60 61.90 63.00 60.20 0.86 times
27 Fri Jun 2025 61.90 61.10 63.00 59.10 1.342 times
26 Thu Jun 2025 60.52 60.52 60.52 60.00 1.027 times
25 Wed Jun 2025 57.64 55.80 57.64 55.80 0.75 times
24 Tue Jun 2025 54.90 52.75 55.04 51.39 1.522 times
23 Mon Jun 2025 52.42 52.85 53.79 50.20 1.837 times
20 Fri Jun 2025 52.85 52.76 53.50 52.76 0.99 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 60.3 as stoploss in an intra day sell trade for a target of 57.37. However, stock will show a bullish move above 60.3.

Share price targets for Elgi Rubber (ELGIRUBCO_BE)

Target Type Value
Downside Target 50.20
Downside Target 51.98
Downside Target 56.00
Downside Target 57.71
Upside Target 62.50
Upside Target 63.00
Upside Target 63.63
Upside Target 66.34
Upside Target 69.50
Upside Target 70.95

Intraday share price targets for Elgi Rubber (ELGIRUBCO_BE)

Target Type Value
Downside Intraday Target 58.24
Downside Intraday Target 56.31
Upside Intraday Target 62.87
Upside Intraday Target 65.57
Upside Intraday Target 60.94

Weekly technical analysis of Elgi Rubber (ELGIRUBCO_BE)

Date Weekly Closing Price Open High Low Volume
03 Thu Jul 2025 60.18 61.90 63.63 59.00 0.475 times
27 Fri Jun 2025 61.90 52.85 63.00 50.20 1.604 times
20 Fri Jun 2025 52.85 56.00 56.56 52.76 1.462 times
13 Fri Jun 2025 56.00 58.00 58.40 56.00 1.241 times
06 Fri Jun 2025 57.74 62.50 62.50 57.71 1.351 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
03 Thu Jul 2025 60.18 60.90 63.63 59.00 0.136 times
30 Mon Jun 2025 60.60 62.50 63.00 50.20 0.762 times
30 Fri May 2025 62.50 62.44 69.50 53.31 3.215 times
30 Wed Apr 2025 62.44 66.34 66.34 58.10 0.105 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 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 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 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

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 tired and bears are picking up momentum.

Ichimoku cloud is of red color and prices are in or above the red 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 but buying is losing 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 57.78 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.

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 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 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

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 tired and bears are picking up momentum.

Ichimoku cloud is of red color and prices are in or above the red 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 but buying is losing 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 57.78 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.

Click here for Elgi Rubber charts

Click here for further forecast and predictions for tomorrow

Daily charts

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