ElgiEquipments ELGIEQUIP full analysis,charts,indicators,moving averages,SMA,DMA,EMA,ADX,MACD,RSI

Elgi Equipments ELGIEQUIP WideScreen charts, DMA,SMA,EMA technical analysis, forecast prediction, by indicators ADX,MACD,RSI,CCI NSE stock exchange

operates under Industrial Machinery sector

Daily price and charts and targets ElgiEquipments

Strong Daily Stock price targets for ElgiEquipments ELGIEQUIP are 608.03 and 628.53

Daily Target 1	602.85
Daily Target 2	613.2
Daily Target 3	623.35
Daily Target 4	633.7
Daily Target 5	643.85

Daily price and volume Elgi Equipments

Date	Closing	Open	Range	Volume
Fri 19 April 2024	623.55 (-0.38%)	624.05	613.00 - 633.50	0.1087 times
Thu 18 April 2024	625.95 (0.68%)	626.00	622.35 - 641.95	0.1757 times
Tue 16 April 2024	621.70 (-1.31%)	635.00	615.50 - 642.00	0.2587 times
Mon 15 April 2024	629.95 (-1.64%)	627.00	604.60 - 635.50	0.3679 times
Fri 12 April 2024	640.45 (1.88%)	631.50	631.00 - 666.00	0.8726 times
Wed 10 April 2024	628.65 (1.61%)	619.75	619.00 - 633.90	0.1841 times
Tue 09 April 2024	618.70 (-2.22%)	634.00	616.10 - 634.00	0.2821 times
Mon 08 April 2024	632.75 (-2.3%)	648.90	630.50 - 651.20	0.2881 times
Fri 05 April 2024	647.65 (-0.87%)	644.95	634.00 - 669.00	1.1622 times
Thu 04 April 2024	653.35 (10.93%)	597.85	592.10 - 666.65	6.3 times
Wed 03 April 2024	589.00 (-0.19%)	591.00	584.70 - 595.25	0.1875 times

Daily chart ElgiEquipments

Weekly price and charts ElgiEquipments

Strong weekly Stock price targets for ElgiEquipments ELGIEQUIP are 595.38 and 632.78

Weekly Target 1	585.98
Weekly Target 2	604.77
Weekly Target 3	623.38333333333
Weekly Target 4	642.17
Weekly Target 5	660.78

Weekly price and volumes for Elgi Equipments

Date	Closing	Open	Range	Volume
Fri 19 April 2024	623.55 (-2.64%)	627.00	604.60 - 642.00	0.3078 times
Fri 12 April 2024	640.45 (-1.11%)	648.90	616.10 - 666.00	0.5496 times
Fri 05 April 2024	647.65 (7.64%)	609.90	584.70 - 669.00	2.7513 times
Thu 28 March 2024	601.70 (2.06%)	593.00	576.55 - 605.00	0.4185 times
Fri 22 March 2024	589.55 (-7.01%)	630.00	584.00 - 636.95	0.4168 times
Fri 15 March 2024	634.00 (-9.39%)	702.50	602.95 - 713.45	0.7855 times
Thu 07 March 2024	699.70 (1.8%)	689.85	672.00 - 714.20	0.642 times
Sat 02 March 2024	687.35 (8.68%)	634.00	615.55 - 701.00	1.1084 times
Fri 23 February 2024	632.45 (-1.26%)	645.65	622.50 - 674.00	0.8045 times
Fri 16 February 2024	640.55 (-5.77%)	679.80	606.60 - 699.00	2.2156 times
Fri 09 February 2024	679.80 (12.07%)	606.60	582.30 - 703.95	1.6476 times

weekly chart ElgiEquipments

Monthly price and charts ElgiEquipments

Strong monthly Stock price targets for ElgiEquipments ELGIEQUIP are 604.13 and 688.43

Monthly Target 1	541.45
Monthly Target 2	582.5
Monthly Target 3	625.75
Monthly Target 4	666.8
Monthly Target 5	710.05

Monthly price and volumes Elgi Equipments

Date	Closing	Open	Range	Volume
Fri 19 April 2024	623.55 (3.63%)	609.90	584.70 - 669.00	1.0912 times
Thu 28 March 2024	601.70 (-7.72%)	653.45	576.55 - 714.20	0.9301 times
Thu 29 February 2024	652.05 (6.04%)	611.80	582.30 - 703.95	1.5467 times
Wed 31 January 2024	614.90 (12.92%)	547.25	524.00 - 617.00	0.9015 times
Fri 29 December 2023	544.55 (2.52%)	535.00	503.10 - 554.00	0.6949 times
Thu 30 November 2023	531.15 (5.11%)	505.35	497.00 - 540.90	0.6679 times
Tue 31 October 2023	505.35 (-1.11%)	510.00	466.80 - 517.00	0.6057 times
Fri 29 September 2023	511.00 (4.15%)	491.05	482.10 - 538.90	1.0994 times
Thu 31 August 2023	490.65 (-8.38%)	538.90	463.00 - 544.95	0.7054 times
Mon 31 July 2023	535.55 (-1.12%)	545.90	532.70 - 623.00	1.7573 times
Fri 30 June 2023	541.60 (1.34%)	538.65	523.05 - 566.95	1.0592 times

monthly chart ElgiEquipments

Indicator Analysis of ElgiEquipments

Tomorrow's movement Prediction of Elgi Equipments ELGIEQUIP appears to be in uptrend. But this trend seems to be weakening.

Price is below an important level of 624.18 on charts, and if price remains below this level, then stock might show a fall in short term.

Tomorrow's movement Prediction of Elgi Equipments ELGIEQUIP made a big move recently. This generally happens when there is a positive sentiment change, or a block deal went through. There is a good chance that this trend might continue in coming days.

Tomorrow's movement Prediction of Elgi Equipments ELGIEQUIP appears undecisive. It can be Bearish or Bullish. You should wait for the first half to take a decision on this stock. If it shows signs of weakness in the latter half, then this trend can continue tomorrow as well. Similarly, if it shows signs of strength in the latter half, then this trend can continue in the next trading session as well.

Munafa value: 59 as on Fri 19 April 2024

This Munafa value indicates that the stock is moving sideways and there is no definite momentum in the stock.

SMA20 is at 614 and price is deviating by 23 points

Upper Bollinger band is at 659 and lower is at 569, while middle bands are at 592 and 636

Price is coming down

Price is above 20day SMA

Price is in lower range of bands

Price action analysis of ElgiEquipments (ELGIEQUIP) 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.

ADX buy sell signal for ElgiEquipments stock for short term is BUY. Signal strength is Weak and stock is losing momentum.

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

ElgiEquipments Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for ElgiEquipments in short term and SELL 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 ElgiEquipments is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 647.05 and ElgiEquipments ELGIEQUIP 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 ElgiEquipments ELGIEQUIP stock. Volume based technical analysis of ElgiEquipments ELGIEQUIP stock is negative.

ElgiEquipments Stock is giving positive 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.

DMA SMA EMA moving averages of Elgi Equipments ELGIEQUIP

DMA (daily moving average) of Elgi Equipments ELGIEQUIP

DMA period	DMA value
5 day DMA	628.32
12 day DMA	625.15
20 day DMA	613.44
35 day DMA	633.36
50 day DMA	636.72
100 day DMA	590.41
150 day DMA	561.48
200 day DMA	551.08

EMA (exponential moving average) of Elgi Equipments ELGIEQUIP

EMA period	EMA current	EMA prev	EMA prev2
5 day EMA	625.83	626.97	627.48
12 day EMA	624.18	624.29	623.99
20 day EMA	624.31	624.39	624.23
35 day EMA	626.55	626.73	626.78
50 day EMA	633.45	633.85	634.17

SMA (simple moving average) of Elgi Equipments ELGIEQUIP

SMA period	SMA current	SMA prev	SMA prev2
5 day SMA	628.32	629.34	627.89
12 day SMA	625.15	622.53	620.51
20 day SMA	613.44	613.66	614.07
35 day SMA	633.36	633.31	633.5
50 day SMA	636.72	636.13	635.75
100 day SMA	590.41	589.36	588.28
150 day SMA	561.48	560.61	559.75
200 day SMA	551.08	550.61	550.19

Fundamentals, profit and EPS of Elgi Equipments ELGIEQUIP

EPS is 12.80 and PE is: 48.71

Last quarter profit: (February 2024 quarter) 83.88 crores (4.77%)

Debt: 624.45 in crores

Market capitalization: 20299.61

EPS is 12.68 and PE is: 49.18

Last quarter profit: (September 2023 quarter) 91.29 crores (26.86%)

Debt: 624.45 in crores

Market capitalization: 17228.79