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

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

10 day averaged volume of Tata Elxsi is 13647

Date Daily Closing Price Open High Low Volume
07 Tue May 2024 7134.05 7137.70 7156.00 7011.10 1.118 times
06 Mon May 2024 7088.00 7188.45 7188.45 7075.00 0.321 times
03 Fri May 2024 7109.60 7198.00 7200.00 7080.00 1.093 times
02 Thu May 2024 7156.25 7119.85 7195.00 7070.00 0.478 times
30 Tue Apr 2024 7047.75 7104.00 7160.60 7011.20 1.43 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 7080.1 as stoploss in an intra day buy trade for a target of 7408.58. However, stock will show a bearish move below 7080.1.

Share price targets for Tata Elxsi (TataElxsi)

Target Type Value
Downside Target 7000.70
Upside Target 7188.45
Upside Target 7565.00
Upside Target 7573.00
Upside Target 7700.00
Upside Target 7736.05
Upside Target 7988.30
Upside Target 7991.75
Upside Target 8144.95
Upside Target 8194.85
Upside Target 8948.40

Intraday share price targets for Tata Elxsi (TataElxsi)

Target Type Value
Downside Intraday Target 7033.95
Downside Intraday Target 6933.85
Upside Intraday Target 7211.3
Upside Intraday Target 7288.55
Downside Intraday Target 7111.2

Weekly technical analysis of Tata Elxsi (TataElxsi)

Date Weekly Closing Price Open High Low Volume
07 Tue May 2024 7134.05 7188.45 7188.45 7011.10 0.415 times
03 Fri May 2024 7109.60 7169.65 7200.00 7011.20 0.627 times
26 Fri Apr 2024 7100.75 7494.50 7573.00 7000.70 2.433 times
19 Fri Apr 2024 7444.50 7650.05 7700.00 7370.50 0.723 times
12 Fri Apr 2024 7752.65 8144.95 8144.95 7736.05 0.673 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 Tata Elxsi (TataElxsi)

Date Monthly Closing Price Open High Low Volume
07 Tue May 2024 7134.05 7119.85 7200.00 7011.10 0.172 times
30 Tue Apr 2024 7047.75 7877.95 8194.85 7000.70 1.461 times
28 Thu Mar 2024 7779.60 7942.45 7991.75 7340.00 0.986 times
29 Thu Feb 2024 7786.70 7619.15 7988.30 7350.00 0.869 times

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 Tata Elxsi (TataElxsi)

Indicator Name Indicator Value Indicator Signal
ADX 11, 30, 46 Sell
MACD -309, -287Sell
Stochastics 20Sell
CCI -47Sell
RSI 47Sell
OBV -42737Sell
VWAP 7094Buy
ADL 0Sell
ROC -4Sell
Force Index 0Sell

Price action analysis of Tata Elxsi ( (TataElxsi) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Tata Elxsi ( (TataElxsi) ) 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 Tata Elxsi ( (TataElxsi) ) 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 Tata Elxsi ( (TataElxsi) ) 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 Tata Elxsi stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Tata Elxsi in short term and the sell signal is strong.

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

Tata Elxsi Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls 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 SELL signal for Tata Elxsi in short term and SELL signal is strong!

RSI is generating a SELL signal in short term and selling is picking up 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 Tata Elxsi is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 7094.12 and Tata Elxsi (TataElxsi) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is falling down

People seem to be coming out and selling the Tata Elxsi (TataElxsi) stock. Volume based technical analysis of Tata Elxsi (TataElxsi) stock is negative.

Tata Elxsi 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.

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