(ElgiEquip) Elgi Equip complete technical analysis [charts+indicators] | Buy/Sell Elgi Equip | (ElgiEquip) share price targets
Complete technical analysis of Elgi Equip (ElgiEquip) by charts plus indicators, forecast predictions and share price targets for Elgi Equip (ElgiEquip)
Showing technical analysis as on 2025-05-02 View latest technical analysis
10 day averaged volume of Elgi Equip is 30676
| Date | Daily Closing Price | Open | High | Low | Volume |
| 02 Fri May 2025 | 450.00 | 440.60 | 452.70 | 440.60 | 0.631 times |
| 30 Wed Apr 2025 | 445.75 | 461.90 | 461.90 | 442.55 | 0.414 times |
| 29 Tue Apr 2025 | 461.90 | 463.70 | 467.55 | 459.00 | 0.384 times |
| 28 Mon Apr 2025 | 463.65 | 455.70 | 465.30 | 448.65 | 0.471 times |
| 25 Fri Apr 2025 | 453.10 | 477.85 | 477.85 | 446.95 | 0.468 times |
| 24 Thu Apr 2025 | 470.60 | 479.00 | 485.90 | 469.00 | 1.085 times |
| 22 Tue Apr 2025 | 459.50 | 455.00 | 467.05 | 450.10 | 0.863 times |
| 21 Mon Apr 2025 | 454.95 | 441.00 | 462.35 | 436.90 | 1.947 times |
| 17 Thu Apr 2025 | 440.25 | 443.65 | 448.55 | 435.80 | 1.176 times |
| 16 Wed Apr 2025 | 440.80 | 450.95 | 455.70 | 439.35 | 0.898 times |
My analysis of stock is bearish for shortterm, and stock might move down till 431.7 or till 402.9. Use a stoploss of 455.65 and if the stock hits stoploss, then it can shoot up till 479.62
Share price targets for Elgi Equip (ElgiEquip)
| Target Type | Value |
| Downside Target | 401.00 |
| Downside Target | 412.80 |
| Downside Target | 424.20 |
| Downside Target | 436.55 |
| Upside Target | 452.70 |
| Upside Target | 467.55 |
| Upside Target | 485.90 |
| Upside Target | 490.70 |
| Upside Target | 513.30 |
| Upside Target | 527.25 |
| Upside Target | 588.95 |
| Upside Target | 589.95 |
Intraday share price targets for Elgi Equip (ElgiEquip)
| Target Type | Value |
| Downside Intraday Target | 437.88 |
| Downside Intraday Target | 425.77 |
| Upside Intraday Target | 464.83 |
| Upside Intraday Target | 479.67 |
| Upside Intraday Target | 452.72 |
Weekly technical analysis of Elgi Equip (ElgiEquip)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 02 Fri May 2025 | 450.00 | 455.70 | 467.55 | 440.60 | 0.435 times |
| 25 Fri Apr 2025 | 453.10 | 441.00 | 485.90 | 436.90 | 0.999 times |
| 17 Thu Apr 2025 | 440.25 | 428.95 | 457.70 | 424.20 | 1.532 times |
| 11 Fri Apr 2025 | 422.35 | 425.05 | 436.55 | 401.00 | 2.037 times |
| 04 Fri Apr 2025 | 447.25 | 481.05 | 490.70 | 441.00 | 0.386 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 Equip (ElgiEquip)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 02 Fri May 2025 | 450.00 | 440.60 | 452.70 | 440.60 | 0.044 times |
| 30 Wed Apr 2025 | 445.75 | 481.05 | 490.70 | 401.00 | 0.282 times |
| 28 Fri Mar 2025 | 482.90 | 420.05 | 527.25 | 412.80 | 5.826 times |
| 28 Fri Feb 2025 | 428.25 | 541.55 | 588.95 | 427.00 | 1.694 times |
Scroll below to view daily charts
Price has moved up 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 Equip (ElgiEquip)
Price action analysis of Elgi Equip ( (ElgiEquip) ) 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 Equip ( (ElgiEquip) ) 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 Equip ( (ElgiEquip) ) based on a short to mid term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Elgi Equip ( (ElgiEquip) ) 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 Equip stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.
MACD generated a BUY signal for Elgi Equip 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 Equip 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 red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a SELL signal for Elgi Equip 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 negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Elgi Equip is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 453.74 and Elgi Equip (ElgiEquip) 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 Equip (ElgiEquip) stock. Volume based technical analysis of Elgi Equip (ElgiEquip) stock is negative.
Elgi Equip 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 Equip ( (ElgiEquip) ) 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 Equip ( (ElgiEquip) ) 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 Equip ( (ElgiEquip) ) based on a short to mid term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Elgi Equip ( (ElgiEquip) ) 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 Equip stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.
MACD generated a BUY signal for Elgi Equip 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 Equip 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 red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a SELL signal for Elgi Equip 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 negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Elgi Equip is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 453.74 and Elgi Equip (ElgiEquip) 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 Equip (ElgiEquip) stock. Volume based technical analysis of Elgi Equip (ElgiEquip) stock is negative.
Elgi Equip 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.
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