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(EssarShip) Essar Ship complete technical analysis [charts+indicators] | Buy/Sell Essar Ship | (EssarShip) share price targets

Complete technical analysis of Essar Ship (EssarShip) by charts plus indicators, forecast predictions and share price targets for Essar Ship (EssarShip)

Showing technical analysis as on 2025-01-29 View latest technical analysis

10 day averaged volume of Essar Ship is 18621

Date	Daily Closing Price	Open	High	Low	Volume
29 Wed Jan 2025	30.80	29.34	30.80	29.34	0.238 times
28 Tue Jan 2025	29.34	30.99	30.99	29.27	1.447 times
27 Mon Jan 2025	30.81	31.00	31.59	30.81	0.923 times
24 Fri Jan 2025	32.43	32.42	33.45	31.56	0.344 times
23 Thu Jan 2025	33.02	32.20	34.50	32.20	0.786 times
22 Wed Jan 2025	33.65	32.38	34.40	31.77	1.024 times
21 Tue Jan 2025	33.44	34.92	34.92	33.44	0.452 times
20 Mon Jan 2025	35.20	35.70	35.70	33.00	1.02 times
17 Fri Jan 2025	34.37	34.00	34.37	33.00	1.735 times
16 Thu Jan 2025	32.74	31.55	32.74	31.55	1.916 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 31.5, but if it comes above 31.5, then a intra day buy could be more profitable.
If you take a sell trade below 31.5, then use 31.5 as stoploss and 29.3 as target. However if you take a buy trade in stock , then use 31.5 as stoploss and 33.32 as target.

Share price targets for Essar Ship (EssarShip)

Target Type	Value
Downside Target	29.27
Downside Target	30.70
Upside Target	31.56
Upside Target	32.83
Upside Target	34.37
Upside Target	35.70
Upside Target	36.90
Upside Target	37.88
Upside Target	38.35
Upside Target	39.35
Upside Target	41.19
Upside Target	41.87
Upside Target	42.51
Upside Target	49.65

Intraday share price targets for Essar Ship (EssarShip)

Target Type	Value
Downside Intraday Target	29.52
Downside Intraday Target	28.23
Upside Intraday Target	31.84
Upside Intraday Target	32.87
Downside Intraday Target	30.55

Weekly technical analysis of Essar Ship (EssarShip)

Date	Weekly Closing Price	Open	High	Low	Volume
29 Wed Jan 2025	30.80	31.00	31.59	29.27	0.719 times
24 Fri Jan 2025	32.43	35.70	35.70	31.56	0.643 times
17 Fri Jan 2025	34.37	33.00	34.37	30.70	0.971 times
10 Fri Jan 2025	33.90	35.40	36.90	32.92	1.023 times
03 Fri Jan 2025	35.40	39.35	39.35	34.66	2.243 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 Essar Ship (EssarShip)

Date	Monthly Closing Price	Open	High	Low	Volume
29 Wed Jan 2025	30.80	35.31	37.88	29.27	1.049 times
31 Tue Dec 2024	35.31	37.50	41.19	34.66	0.825 times
29 Fri Nov 2024	37.94	36.78	41.87	32.83	1.143 times
31 Thu Oct 2024	35.03	42.51	42.51	33.42	0.525 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 Essar Ship (EssarShip)

Price action analysis of Essar Ship ( (EssarShip) ) 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 Essar Ship ( (EssarShip) ) 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 Essar Ship ( (EssarShip) ) 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 Essar Ship stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Essar Ship in short term and the sell signal is strong.

Essar Ship Stock is trading near its recent LOWS in short term which reflects strong selling momentum. 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 buy signal for Essar Ship in short term but BUY signal is weak.

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 Essar Ship is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 32.69 and Essar Ship (EssarShip) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the Essar Ship (EssarShip) stock. Volume based technical analysis of Essar Ship (EssarShip) stock is negative.

Essar Ship Stock has given negative 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.