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

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

10 day averaged volume of Elloratrad is 5073

Date Daily Closing Price Open High Low Volume
16 Thu May 2024 10.54 10.50 10.54 10.32 1.18 times
15 Wed May 2024 10.07 10.20 10.63 9.82 0.366 times
14 Tue May 2024 10.20 10.89 10.89 10.16 3.933 times
13 Mon May 2024 10.69 9.80 10.70 9.80 0.565 times
10 Fri May 2024 10.25 10.50 11.24 10.24 0.433 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 10.4 as stoploss in an intra day buy trade for a target of 10.71. However, stock will show a bearish move below 10.4.

Share price targets for Elloratrad (Elloratrad)

Target Type Value
Downside Target 8.85
Downside Target 9.80
Downside Target 10.10
Upside Target 10.70
Upside Target 11.40
Upside Target 11.78
Upside Target 11.90
Upside Target 12.95
Upside Target 13.33
Upside Target 15.25
Upside Target 18.70

Intraday share price targets for Elloratrad (Elloratrad)

Target Type Value
Downside Intraday Target 9.93
Downside Intraday Target 9.32
Upside Intraday Target 11.02
Upside Intraday Target 11.5
Downside Intraday Target 10.41

Weekly technical analysis of Elloratrad (Elloratrad)

Date Weekly Closing Price Open High Low Volume
16 Thu May 2024 10.54 9.80 10.89 9.80 1.673 times
10 Fri May 2024 10.25 11.50 11.78 10.24 3.858 times
03 Fri May 2024 11.00 10.78 11.40 10.78 0.017 times
26 Fri Apr 2024 11.00 10.30 11.01 10.10 24.542 times
19 Fri Apr 2024 10.50 10.56 10.70 10.35 2.338 times

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

Monthly technical analysis of Elloratrad (Elloratrad)

Date Monthly Closing Price Open High Low Volume
16 Thu May 2024 10.54 11.40 11.78 9.80 0.158 times
30 Tue Apr 2024 11.22 10.85 11.40 10.10 0.145 times
28 Thu Mar 2024 10.90 12.26 12.95 8.85 1.529 times
29 Thu Feb 2024 12.71 12.67 15.25 11.90 0.709 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 Elloratrad (Elloratrad)

Indicator Name Indicator Value Indicator Signal
ADX 14, 24, 25 Sell
MACD -0, -0Sell
Stochastics 24Sell
CCI -53Buy
RSI 52Buy
OBV 256300Sell
VWAP 11Buy
ADL 0Sell
ROC -4Sell
Force Index 0Sell

Price action analysis of Elloratrad ( (Elloratrad) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Elloratrad ( (Elloratrad) ) 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 Elloratrad ( (Elloratrad) ) 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 Elloratrad ( (Elloratrad) ) 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 Elloratrad stock for short term is SELL. Signal strength is Strong and stock is losing momentum.

MACD generated a SELL signal for Elloratrad 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.

Elloratrad Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears 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 Elloratrad 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 positive zone. This is a BUY zone

Stock of Elloratrad is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 10.5 and Elloratrad (Elloratrad) 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 Elloratrad (Elloratrad) stock. Volume based technical analysis of Elloratrad (Elloratrad) stock is negative.

Elloratrad 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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