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(ElangoIndus) Elango Indus complete technical analysis [charts+indicators] | Buy/Sell Elango Indus | (ElangoIndus) share price targets

Complete technical analysis of Elango Indus (ElangoIndus) by charts plus indicators, forecast predictions and share price targets for Elango Indus (ElangoIndus)

Showing technical analysis as on 2024-11-25 View latest technical analysis

10 day averaged volume of Elango Indus is 1033

Date	Daily Closing Price	Open	High	Low	Volume
25 Mon Nov 2024	11.93	11.93	11.93	11.93	0.486 times
22 Fri Nov 2024	11.93	11.93	11.93	11.93	0.049 times
21 Thu Nov 2024	11.93	11.93	11.93	11.93	0.004 times
19 Tue Nov 2024	12.30	12.94	12.94	12.30	0.474 times
18 Mon Nov 2024	12.94	11.74	12.94	11.74	2.131 times
14 Thu Nov 2024	12.35	13.00	13.00	12.35	0.115 times
13 Wed Nov 2024	13.00	13.09	13.09	13.00	0.411 times
12 Tue Nov 2024	12.47	12.45	12.47	11.88	3.109 times
11 Mon Nov 2024	11.88	11.88	11.88	11.88	0.205 times
08 Fri Nov 2024	11.32	12.47	12.47	11.29	2.017 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 11.8 as stoploss in an intra day buy trade for a target of 12.36. However, stock will show a bearish move below 11.8.

Share price targets for Elango Indus (ElangoIndus)

Target Type	Value
Downside Target	10.13
Downside Target	10.62
Downside Target	10.90
Downside Target	11.29
Downside Target	11.57
Upside Target	12.94
Upside Target	13.16
Upside Target	13.35
Upside Target	13.65
Upside Target	13.69
Upside Target	13.82
Upside Target	14.29

Intraday share price targets for Elango Indus (ElangoIndus)

Target Type	Value
Downside Intraday Target	11.93
Downside Intraday Target	11.93
Downside Intraday Target	11.93
Downside Intraday Target	11.93
Downside Intraday Target	11.93

Weekly technical analysis of Elango Indus (ElangoIndus)

Date	Weekly Closing Price	Open	High	Low	Volume
25 Mon Nov 2024	11.93	11.93	11.93	11.93	0.183 times
22 Fri Nov 2024	11.93	11.74	12.94	11.74	0.692 times
14 Thu Nov 2024	12.35	11.88	13.09	11.88	0.861 times
08 Fri Nov 2024	11.32	13.05	13.69	11.29	3.171 times
31 Thu Oct 2024	13.05	11.57	13.65	11.57	0.42 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 Elango Indus (ElangoIndus)

Date	Monthly Closing Price	Open	High	Low	Volume
25 Mon Nov 2024	11.93	13.05	13.69	11.29	1.286 times
31 Thu Oct 2024	13.05	13.74	13.82	10.62	1.206 times
30 Mon Sep 2024	13.15	12.50	13.35	10.90	0.446 times
30 Fri Aug 2024	12.50	12.77	13.16	11.06	0.274 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 Elango Indus (ElangoIndus)

Price action analysis of Elango Indus ( (ElangoIndus) ) 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 Elango Indus ( (ElangoIndus) ) 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 Elango Indus ( (ElangoIndus) ) 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 Elango Indus stock for short term is SELL. Signal strength is Strong and stock is losing momentum.

MACD generated a SELL signal for Elango Indus in short term and the sell signal is strong.

Elango Indus 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. Bears are getting stronger in this stock.

Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Elango Indus in short term

RSI is generating a SELL signal in short term but selling 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 Elango Indus is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 12.29 and Elango Indus (ElangoIndus) 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 Elango Indus (ElangoIndus) stock. Volume based technical analysis of Elango Indus (ElangoIndus) stock is negative.

Elango Indus 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.