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

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

10 day averaged volume of Electrotherm is 6258

Date Daily Closing Price Open High Low Volume
07 Tue May 2024 803.10 803.10 803.10 803.10 0.164 times
06 Mon May 2024 819.45 850.00 850.00 819.45 1.822 times
03 Fri May 2024 836.15 836.15 836.15 836.15 1.732 times
02 Thu May 2024 819.80 819.80 819.80 819.80 4.603 times
30 Tue Apr 2024 803.75 803.75 803.75 803.75 0.45 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 796.1, but if it comes below 796.1, then a intra day sell could be more profitable.
If you take a sell trade below 796.1, then use 796.1 as stoploss and 720.82 as target. However if you take a buy trade in stock , then use 796.1 as stoploss and 886.5 as target.

Share price targets for Electrotherm (Electrotherm)

Target Type Value
Downside Target 244.60
Downside Target 365.35
Downside Target 372.65
Downside Target 498.00
Downside Target 512.75
Downside Target 544.90
Downside Target 588.75
Downside Target 609.75
Downside Target 646.95
Downside Target 700.10
Downside Target 714.10
Downside Target 772.90
Upside Target 803.75
Upside Target 836.15
Upside Target 850.00

Intraday share price targets for Electrotherm (Electrotherm)

Target Type Value
Downside Intraday Target 787.47
Downside Intraday Target 771.83
Upside Intraday Target 834.37
Upside Intraday Target 865.63
Upside Intraday Target 818.73

Weekly technical analysis of Electrotherm (Electrotherm)

Date Weekly Closing Price Open High Low Volume
07 Tue May 2024 803.10 850.00 850.00 803.10 0.287 times
03 Fri May 2024 836.15 788.35 836.15 788.00 3.785 times
26 Fri Apr 2024 772.90 714.10 772.90 714.10 0.315 times
19 Fri Apr 2024 700.10 648.00 700.10 648.00 3.478 times
12 Fri Apr 2024 646.95 609.75 646.95 609.75 0.528 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 Electrotherm (Electrotherm)

Date Monthly Closing Price Open High Low Volume
07 Tue May 2024 803.10 819.80 850.00 803.10 0.637 times
30 Tue Apr 2024 803.75 544.90 803.75 544.90 0.844 times
28 Thu Mar 2024 541.60 523.00 588.75 498.00 1.569 times
29 Thu Feb 2024 512.75 372.65 512.75 372.65 1.057 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 Electrotherm (Electrotherm)

Indicator Name Indicator Value Indicator Signal
ADX 69, 21, 53 Buy
MACD 133, 128Buy
Stochastics 80Buy
CCI 33Sell
RSI 60Buy
OBV 103279Sell
VWAP 814Sell
ADL 0Sell
ROC 12Buy
Force Index 0Sell

Price action analysis of Electrotherm ( (Electrotherm) ) 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 Electrotherm ( (Electrotherm) ) 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 Electrotherm ( (Electrotherm) ) based on a short to mid 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 Electrotherm ( (Electrotherm) ) 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 Electrotherm stock for short term is BUY. Signal strength is Strong and stock is losing momentum.

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

Electrotherm 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 coming down

CCI has generated a SELL signal for Electrotherm in short term but SELL signal is weak.

RSI is generating a BUY signal in short term but buying 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 Electrotherm is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 813.55 and Electrotherm (Electrotherm) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.

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

Electrotherm 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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