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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 17405

Date Daily Closing Price Open High Low Volume
07 Mon Jul 2025 59.00 60.00 60.00 59.00 0.132 times
04 Fri Jul 2025 59.00 60.18 60.18 59.00 0.414 times
03 Thu Jul 2025 60.18 60.40 61.00 60.18 0.802 times
02 Wed Jul 2025 61.41 61.41 61.41 61.41 0.356 times
01 Tue Jul 2025 62.67 60.90 63.63 59.00 1.068 times
30 Mon Jun 2025 60.60 61.90 63.00 60.20 0.863 times
27 Fri Jun 2025 61.90 61.10 63.00 59.10 1.346 times
26 Thu Jun 2025 60.52 60.52 60.52 60.00 1.03 times
25 Wed Jun 2025 57.64 55.80 57.64 55.80 0.753 times
24 Tue Jun 2025 54.90 52.75 55.04 51.39 1.526 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 60.5 as stoploss in an intra day sell trade for a target of 57.47. However, stock will show a bullish move above 60.5.

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 58.10
Upside Target 60.00
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 58.67
Downside Intraday Target 58.33
Upside Intraday Target 59.67
Upside Intraday Target 60.33
Upside Intraday Target 59.33

Weekly technical analysis of Elgi Rubber (ELGIRUBCO_BE)

Date Weekly Closing Price Open High Low Volume
07 Mon Jul 2025 59.00 60.00 60.00 59.00 0.038 times
04 Fri Jul 2025 59.00 61.90 63.63 59.00 0.539 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

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 Mon Jul 2025 59.00 60.90 63.63 59.00 0.169 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 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 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 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 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 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.

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 59.64 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.

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 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 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 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 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.

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 59.64 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.

Click here for Elgi Rubber charts

Click here for further forecast and predictions for tomorrow

Daily charts

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