Munafa technical analysis Elgi Rubber Co. Ltd ELGIRUBCO_BE technical analysis buy or sell

Munafa technical analysis Elgi Rubber Co. Ltd ELGIRUBCO_BE technical analysis buy or sell Analysis of Elgi Rubber Co. Ltd ELGIRUBCO_BE to buy or sell for Daily, weekly or monthly

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Elgi Rubber Co. Ltd ELGIRUBCO_BE Daily Analysis to buy or sell

As per my analysis of Elgi Rubber Co. Ltd ELGIRUBCO_BE, 12 day returns for Elgi Rubber Co. Ltd ELGIRUBCO_BE have been negative, with total returns of -20.51, which is -20.42% with investment starting at 100.46.
An investment of 100,000 bucks in Elgi Rubber Co. Ltd would have become 79580 bucks today.

Elgi Rubber Co. Ltd ELGIRUBCO_BE moves in a range of 3 points on a day to day basis. This means that a total of approx 3 plus points of returns can be expected in a bullish day, and a total of 3 minus points can be expected in a bearish day.
This is about 3.75% of returns per day.

Elgi Rubber Co. Ltd Munafa analysis, looking for Trend and BUY or SELL opportunities.

Stock is in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT Elgi Rubber Co. Ltd ELGIRUBCO_BE at this time.

It appears as if Elgi Rubber Co. Ltd ELGIRUBCO_BE gave a large move recently.

Stock of Elgi Rubber Co. Ltd (ELGIRUBCO_BE) is trading below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, and the stock might move lower...

Although my analysis for Elgi Rubber Co. Ltd is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 81.4, for a target of 92 or 100.89

You can find more Price Targets here or Forecast here for Shortterm, Midterm, and Longterm

Daily Candle Stick analysis of Elgi Rubber Co. Ltd ELGIRUBCO_BE

Candle stick analysis of Elgi Rubber Co. Ltd as on 14 Fri Feb 2025 is showing a red candle, which means that the sellers are dominating this session.

Candle stick ratios of Elgi Rubber Co. Ltd are:
HL: 5.3 HC: 5.3 LC: 0 OC: 1.4

Elgi Rubber Co. Ltd is moving towards a low expiry

Candle stick analysis of Elgi Rubber Co. Ltd as on 13 Thu Feb 2025 is showing a red candle, which means that the sellers are dominating this session.

Candle stick ratios of Elgi Rubber Co. Ltd are:
HL: 10.4 HC: 10.4 LC: 0 OC: 0

Elgi Rubber Co. Ltd is moving towards a low expiry

Elgi Rubber Co. Ltd is forming a DOJI candle

Candle stick analysis of Elgi Rubber Co. Ltd as on 12 Wed Feb 2025 is showing a red candle, which means that the sellers are dominating this session.

Candle stick ratios of Elgi Rubber Co. Ltd are:
HL: 5 HC: 3.7 LC: 1.2 OC: 0

Elgi Rubber Co. Ltd is moving towards a low expiry

Elgi Rubber Co. Ltd is forming a DOJI candle

Candle stick analysis of Elgi Rubber Co. Ltd as on 11 Tue Feb 2025 is showing a red candle, which means that the sellers are dominating this session.

Candle stick ratios of Elgi Rubber Co. Ltd are:
HL: 5.3 HC: 5.3 LC: 0 OC: 0

Elgi Rubber Co. Ltd is moving towards a low expiry

Elgi Rubber Co. Ltd is forming a DOJI candle

Candle stick analysis of Elgi Rubber Co. Ltd as on 10 Mon Feb 2025 is showing a red candle, which means that the sellers are dominating this session.

Candle stick ratios of Elgi Rubber Co. Ltd are:
HL: 6.4 HC: 5.2 LC: 1.2 OC: 1.4

Elgi Rubber Co. Ltd is moving towards a low expiry

Elgi Rubber Co. Ltd ELGIRUBCO_BE Weekly Analysis to buy or sell

As per my analysis of Elgi Rubber Co. Ltd ELGIRUBCO_BE, 12 week returns for Elgi Rubber Co. Ltd ELGIRUBCO_BE have been negative, with total returns of -17.92, which is -18.31% with investment starting at 97.87.
An investment of 100,000 bucks in Elgi Rubber Co. Ltd would have become 81690 bucks today.

Elgi Rubber Co. Ltd ELGIRUBCO_BE moves in a range of 8.1 points on a week to week basis. This means that a total of approx 8.1 plus points of returns can be expected in a bullish week, and a total of 8.1 minus points can be expected in a bearish week.
This is about 10.13% of returns per week.

Weekly Candle Stick analysis of Elgi Rubber Co. Ltd ELGIRUBCO_BE

Candle stick analysis of Elgi Rubber Co. Ltd as on 14 Fri Feb 2025 is showing a red candle, which means that the sellers are dominating this session.

Candle stick ratios of Elgi Rubber Co. Ltd are:
HL: 27.6 HC: 27.6 LC: 0 OC: 1.4

Elgi Rubber Co. Ltd is moving towards a low expiry

Candle stick analysis of Elgi Rubber Co. Ltd as on 07 Fri Feb 2025 is showing a red candle, which means that the sellers are dominating this session.

Candle stick ratios of Elgi Rubber Co. Ltd are:
HL: 9 HC: 6.4 LC: 2.4 OC: 1.9

Elgi Rubber Co. Ltd is moving towards a low expiry

Candle stick analysis of Elgi Rubber Co. Ltd as on 31 Fri Jan 2025 is showing a red candle, which means that the sellers are dominating this session.

Candle stick ratios of Elgi Rubber Co. Ltd are:
HL: 14.1 HC: 7.9 LC: 5.8 OC: 0

Elgi Rubber Co. Ltd is moving towards a low expiry

Elgi Rubber Co. Ltd is forming a DOJI candle

Candle stick analysis of Elgi Rubber Co. Ltd as on 24 Fri Jan 2025 is showing a red candle, which means that the sellers are dominating this session.

Candle stick ratios of Elgi Rubber Co. Ltd are:
HL: 11.8 HC: 9.5 LC: 2.1 OC: 0

Elgi Rubber Co. Ltd is moving towards a low expiry

Elgi Rubber Co. Ltd is forming a DOJI candle

Candle stick analysis of Elgi Rubber Co. Ltd as on 17 Fri Jan 2025 is showing a green candle, which means that the buyers are dominating this session.

Candle stick ratios of Elgi Rubber Co. Ltd are:
HL: 11 HC: 2 LC: 8.8 OC: 2.2

Elgi Rubber Co. Ltd is moving towards a high expiry

Elgi Rubber Co. Ltd ELGIRUBCO_BE Monthly Analysis to buy or sell

As per my analysis of Elgi Rubber Co. Ltd ELGIRUBCO_BE, 12 month returns for Elgi Rubber Co. Ltd ELGIRUBCO_BE have been positive, with total returns of 30.7, which is 62.34% with investment starting at 49.25.
An investment of 100,000 bucks in Elgi Rubber Co. Ltd would have become 162340 bucks today.

Elgi Rubber Co. Ltd ELGIRUBCO_BE moves in a range of 10.8 points on a month to month basis. This means that a total of approx 10.8 plus points of returns can be expected in a bullish month, and a total of 10.8 minus points can be expected in a bearish month.
This is about 13.51% of returns per month.

Monthly Candle Stick analysis of Elgi Rubber Co. Ltd ELGIRUBCO_BE

Candle stick analysis of Elgi Rubber Co. Ltd as on 14 Fri Feb 2025 is showing a red candle, which means that the sellers are dominating this session.

Candle stick ratios of Elgi Rubber Co. Ltd are:
HL: 33.8 HC: 33.8 LC: 0 OC: 1.9

Elgi Rubber Co. Ltd is moving towards a low expiry

Candle stick analysis of Elgi Rubber Co. Ltd as on 31 Fri Jan 2025 is showing a red candle, which means that the sellers are dominating this session.

Candle stick ratios of Elgi Rubber Co. Ltd are:
HL: 45.2 HC: 37.3 LC: 5.8 OC: 6.8

Elgi Rubber Co. Ltd is moving towards a low expiry

Candle stick analysis of Elgi Rubber Co. Ltd as on 25 Fri Oct 2024 is showing a red candle, which means that the sellers are dominating this session.

Candle stick ratios of Elgi Rubber Co. Ltd are:
HL: 25.5 HC: 20.6 LC: 4.1 OC: 15.4

Elgi Rubber Co. Ltd is moving towards a low expiry

Candle stick analysis of Elgi Rubber Co. Ltd as on 27 Fri Sep 2024 is showing a red candle, which means that the sellers are dominating this session.

Candle stick ratios of Elgi Rubber Co. Ltd are:
HL: 25.9 HC: 19.2 LC: 5.6 OC: 3.6

Elgi Rubber Co. Ltd is moving towards a low expiry

Candle stick analysis of Elgi Rubber Co. Ltd as on 30 Fri Aug 2024 is showing a green candle, which means that the buyers are dominating this session.

Candle stick ratios of Elgi Rubber Co. Ltd are:
HL: 34.3 HC: 4 LC: 29.1 OC: 34.3

Elgi Rubber Co. Ltd is moving towards a high expiry