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

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

10 day averaged volume of Centum Elec is 6808

Date Daily Closing Price Open High Low Volume
03 Fri May 2024 2069.85 1970.00 2082.05 1948.60 0.829 times
02 Thu May 2024 1960.15 2037.85 2043.85 1953.05 0.497 times
30 Tue Apr 2024 2023.00 2046.00 2064.10 1993.20 0.255 times
29 Mon Apr 2024 2043.85 2097.15 2097.15 2006.15 0.99 times
26 Fri Apr 2024 2056.85 2000.15 2063.50 1981.55 0.308 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 1991, but if it comes below 1991, then a intra day sell could be more profitable.
If you take a sell trade below 1991, then use 1991 as stoploss and 1851.17 as target. However if you take a buy trade in stock , then use 1991 as stoploss and 2158.8 as target.

Share price targets for Centum Elec (CentumElec)

Target Type Value
Downside Target 1362.00
Downside Target 1412.55
Downside Target 1443.15
Downside Target 1607.40
Downside Target 1645.35
Downside Target 1811.95
Downside Target 1948.60
Downside Target 1985.00
Downside Target 2011.40
Upside Target 2082.05
Upside Target 2083.00
Upside Target 2097.15

Intraday share price targets for Centum Elec (CentumElec)

Target Type Value
Downside Intraday Target 1979.92
Downside Intraday Target 1889.98
Upside Intraday Target 2128.47
Upside Intraday Target 2187.08
Downside Intraday Target 2038.53

Weekly technical analysis of Centum Elec (CentumElec)

Date Weekly Closing Price Open High Low Volume
03 Fri May 2024 2069.85 2097.15 2097.15 1948.60 0.41 times
26 Fri Apr 2024 2056.85 1853.65 2083.00 1843.40 2.288 times
19 Fri Apr 2024 1832.45 1717.45 1870.00 1607.40 1.696 times
12 Fri Apr 2024 1723.70 1713.25 1830.00 1668.65 0.891 times
05 Fri Apr 2024 1748.20 1695.70 1811.95 1682.00 3.49 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 Centum Elec (CentumElec)

Date Monthly Closing Price Open High Low Volume
03 Fri May 2024 2069.85 2037.85 2082.05 1948.60 0.097 times
30 Tue Apr 2024 2023.00 1695.70 2097.15 1607.40 1.166 times
28 Thu Mar 2024 1679.55 1871.55 1985.00 1412.55 0.788 times
29 Thu Feb 2024 1834.85 1629.95 2011.40 1443.15 1.282 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 Centum Elec (CentumElec)

Indicator Name Indicator Value Indicator Signal
ADX 27, 10, 47 Buy
MACD 159, 133Buy
Stochastics 79Buy
CCI 74Buy
RSI 57Buy
OBV 28601Sell
VWAP 1965Buy
ADL 0Sell
ROC 15Buy
Force Index 0Sell

Price action analysis of Centum Elec ( (CentumElec) ) 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 Centum Elec ( (CentumElec) ) 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 Centum Elec ( (CentumElec) ) 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 Centum Elec ( (CentumElec) ) 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 Centum Elec stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Centum Elec 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.

Centum Elec Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls 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 Centum Elec 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 negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Centum Elec is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 1964.78 and Centum Elec (CentumElec) 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 Centum Elec (CentumElec) stock. Volume based technical analysis of Centum Elec (CentumElec) stock is negative.

Centum Elec 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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