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

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

10 day averaged volume of Elegant Flor is 23938

Date Daily Closing Price Open High Low Volume
08 Wed May 2024 6.22 6.07 6.39 6.00 1.429 times
07 Tue May 2024 6.08 6.15 6.28 6.00 1.13 times
06 Mon May 2024 6.27 6.37 6.37 6.25 0.277 times
03 Fri May 2024 6.32 6.31 6.43 6.25 1.192 times
02 Thu May 2024 6.36 6.35 6.45 6.35 0.92 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 6.3, but if it comes above 6.3, then a intra day buy could be more profitable.
If you take a sell trade below 6.3, then use 6.3 as stoploss and 6 as target. However if you take a buy trade in stock , then use 6.3 as stoploss and 6.5 as target.

Share price targets for Elegant Flor (ElegantFlor)

Target Type Value
Downside Target 5.31
Downside Target 5.88
Downside Target 6.00
Upside Target 6.25
Upside Target 6.61
Upside Target 6.78
Upside Target 6.86
Upside Target 7.25
Upside Target 7.80
Upside Target 8.90

Intraday share price targets for Elegant Flor (ElegantFlor)

Target Type Value
Downside Intraday Target 6.02
Downside Intraday Target 5.81
Upside Intraday Target 6.41
Upside Intraday Target 6.59
Downside Intraday Target 6.2

Weekly technical analysis of Elegant Flor (ElegantFlor)

Date Weekly Closing Price Open High Low Volume
08 Wed May 2024 6.22 6.37 6.39 6.00 0.682 times
03 Fri May 2024 6.32 6.44 6.50 6.25 0.789 times
26 Fri Apr 2024 6.50 6.43 6.78 6.33 1.293 times
19 Fri Apr 2024 6.35 6.71 6.86 6.29 0.513 times
12 Fri Apr 2024 6.85 6.90 7.25 6.61 0.978 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 Elegant Flor (ElegantFlor)

Date Monthly Closing Price Open High Low Volume
08 Wed May 2024 6.22 6.35 6.45 6.00 0.18 times
30 Tue Apr 2024 6.35 5.88 7.25 5.88 0.986 times
28 Thu Mar 2024 5.83 6.86 6.86 5.31 0.747 times
29 Thu Feb 2024 6.70 7.30 7.80 6.25 0.431 times

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 Elegant Flor (ElegantFlor)

Indicator Name Indicator Value Indicator Signal
ADX 23, 23, 0 Sell
MACD -0, -0Sell
Stochastics 15Sell
CCI -106Buy
RSI 52Buy
OBV 40199Sell
VWAP 6Sell
ADL 0Sell
ROC -3Sell
Force Index 0Sell

Price action analysis of Elegant Flor ( (ElegantFlor) ) 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 Elegant Flor ( (ElegantFlor) ) 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 Elegant Flor ( (ElegantFlor) ) 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 Elegant Flor ( (ElegantFlor) ) 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 Elegant Flor stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Elegant Flor in short term and the sell signal is strong.

Elegant Flor 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 buy signal for Elegant Flor in short term but BUY signal is weak.

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 Elegant Flor is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 6.35 and Elegant Flor (ElegantFlor) 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 Elegant Flor (ElegantFlor) stock. Volume based technical analysis of Elegant Flor (ElegantFlor) stock is negative.

Elegant Flor Stock has given negative 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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