(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 2025-05-05 View latest technical analysis
10 day averaged volume of Elgi Equip is 25574
| Date | Daily Closing Price | Open | High | Low | Volume |
| 05 Mon May 2025 | 457.65 | 450.00 | 459.80 | 448.05 | 0.408 times |
| 02 Fri May 2025 | 450.00 | 440.60 | 452.70 | 440.60 | 0.756 times |
| 30 Wed Apr 2025 | 445.75 | 461.90 | 461.90 | 442.55 | 0.497 times |
| 29 Tue Apr 2025 | 461.90 | 463.70 | 467.55 | 459.00 | 0.461 times |
| 28 Mon Apr 2025 | 463.65 | 455.70 | 465.30 | 448.65 | 0.565 times |
| 25 Fri Apr 2025 | 453.10 | 477.85 | 477.85 | 446.95 | 0.561 times |
| 24 Thu Apr 2025 | 470.60 | 479.00 | 485.90 | 469.00 | 1.302 times |
| 22 Tue Apr 2025 | 459.50 | 455.00 | 467.05 | 450.10 | 1.035 times |
| 21 Mon Apr 2025 | 454.95 | 441.00 | 462.35 | 436.90 | 2.335 times |
| 17 Thu Apr 2025 | 440.25 | 443.65 | 448.55 | 435.80 | 1.41 times |
My analysis of stock is bullish for shortterm, and stock might move up till 475.2 or till 501.3. Use a stoploss of 453.53 and if this stock hits its stoploss, then it can fall down till 431.82
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 | 457.70 |
| 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 | 450.53 |
| Downside Intraday Target | 443.42 |
| Upside Intraday Target | 462.28 |
| Upside Intraday Target | 466.92 |
| Downside Intraday Target | 455.17 |
Weekly technical analysis of Elgi Equip (ElgiEquip)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 05 Mon May 2025 | 457.65 | 450.00 | 459.80 | 448.05 | 0.179 times |
| 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 |
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 Equip (ElgiEquip)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 05 Mon May 2025 | 457.65 | 440.60 | 459.80 | 440.60 | 0.068 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 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 to mid term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 losing 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 in or above the red cloud Prices appear to be moving up
CCI has generated a buy signal for Elgi Equip in short term but BUY signal is weak.
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 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 455.4 and Elgi Equip (ElgiEquip) 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 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 positive
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 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 to mid term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 losing 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 in or above the red cloud Prices appear to be moving up
CCI has generated a buy signal for Elgi Equip in short term but BUY signal is weak.
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 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 455.4 and Elgi Equip (ElgiEquip) 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 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
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