Login or Join
 Learn then Earn

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

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

10 day averaged volume of Elantas is 1446

Date Daily Closing Price Open High Low Volume
30 Tue Apr 2024 11400.75 11110.00 11700.00 10800.00 1.476 times
29 Mon Apr 2024 10714.00 11330.00 11330.00 10351.10 1.416 times
26 Fri Apr 2024 10907.20 10150.00 11200.00 10150.00 1.577 times
25 Thu Apr 2024 9996.80 9802.05 10098.95 9651.55 1.11 times
24 Wed Apr 2024 9993.10 9650.05 10149.00 9542.45 0.887 times

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 11188.4, for a target of 10267.8 or 9500.62

Share price targets for Elantas (Elantas)

Target Type Value
Downside Target 6445.00
Downside Target 7601.05
Downside Target 8050.10
Downside Target 8574.50
Downside Target 9324.95
Downside Target 9398.00
Downside Target 9506.00
Downside Target 9990.00
Downside Target 10351.10
Downside Target 11200.00
Upside Target 11700.00

Intraday share price targets for Elantas (Elantas)

Target Type Value
Downside Intraday Target 10601.23
Downside Intraday Target 9801.72
Upside Intraday Target 11950.13
Upside Intraday Target 12499.52
Downside Intraday Target 11150.62

Weekly technical analysis of Elantas (Elantas)

Date Weekly Closing Price Open High Low Volume
30 Tue Apr 2024 11400.75 11330.00 11700.00 10351.10 0.587 times
26 Fri Apr 2024 10907.20 9890.00 11200.00 9506.00 2.107 times
19 Fri Apr 2024 9759.75 8577.70 9990.00 8577.70 1.937 times
12 Fri Apr 2024 8797.65 8990.05 9000.00 8574.50 0.528 times
05 Fri Apr 2024 8956.45 9099.90 9398.00 8805.10 1.34 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 Elantas (Elantas)

Date Monthly Closing Price Open High Low Volume
30 Tue Apr 2024 11400.75 9099.90 11700.00 8574.50 2.037 times
28 Thu Mar 2024 8889.80 8500.05 9324.95 7601.05 0.628 times
29 Thu Feb 2024 8518.00 8349.90 8900.00 7700.05 1.067 times
31 Wed Jan 2024 8201.50 8599.90 8674.95 8050.10 1.034 times

Price has moved up this month, and volume has increased substantially. This means that the move can continue in coming months.

Indicators analysis of Elantas (Elantas)

Indicator Name Indicator Value Indicator Signal
ADX 40, 6, 74 Buy
MACD 984, 702Buy
Stochastics 85Buy
CCI 153Buy
RSI 68Buy
OBV 7495Sell
VWAP 10314Buy
ADL 0Sell
ROC 30Buy
Force Index 0Sell

Price action analysis of Elantas ( (Elantas) ) based on a short 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 Elantas ( (Elantas) ) based on a short 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 Elantas ( (Elantas) ) 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 Elantas ( (Elantas) ) based on a mid to longer 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.

ADX buy sell signal for Elantas stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Elantas in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Elantas Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

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 Elantas in short term and BUY signal is strong.

RSI is generating a BUY signal in short term and the buying is gaining 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 Elantas is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 10314.39 and Elantas (Elantas) 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 Elantas (Elantas) stock. Volume based technical analysis of Elantas (Elantas) stock is negative.

Elantas 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.

Click here for Elantas charts

Click here for further forecast and predictions for tomorrow

 Learn then Earn
Back to top | Use Dark Theme