EssarShipping ESSARSHPNG full analysis,charts,indicators,moving averages,SMA,DMA,EMA,ADX,MACD,RSI

Essar Shipping ESSARSHPNG WideScreen charts, DMA,SMA,EMA technical analysis, forecast prediction, by indicators ADX,MACD,RSI,CCI NSE stock exchange

operates under Shipping sector

Daily price and charts and targets EssarShipping

Strong Daily Stock price targets for EssarShipping ESSARSHPNG are 29.23 and 31.03

Daily Target 1	28.88
Daily Target 2	29.57
Daily Target 3	30.683333333333
Daily Target 4	31.37
Daily Target 5	32.48

Daily price and volume Essar Shipping

Date	Closing	Open	Range	Volume
Tue 23 April 2024	30.25 (-2.58%)	31.50	30.00 - 31.80	0.4862 times
Mon 22 April 2024	31.05 (-1.27%)	33.00	30.75 - 34.40	1.0721 times
Fri 19 April 2024	31.45 (0.32%)	31.15	29.25 - 33.00	1.8318 times
Thu 18 April 2024	31.35 (10%)	28.50	28.35 - 31.35	2.4009 times
Tue 16 April 2024	28.50 (1.79%)	28.00	27.75 - 29.90	0.5969 times
Mon 15 April 2024	28.00 (4.48%)	26.50	25.05 - 29.40	1.1847 times
Fri 12 April 2024	26.80 (-2.72%)	27.95	26.40 - 28.50	0.3466 times
Wed 10 April 2024	27.55 (0%)	28.40	27.10 - 29.60	0.4809 times
Tue 09 April 2024	27.55 (-2.65%)	28.40	27.15 - 29.75	0.6441 times
Mon 08 April 2024	28.30 (3.85%)	28.35	27.70 - 29.35	0.9558 times
Fri 05 April 2024	27.25 (9.88%)	26.85	24.95 - 27.25	2.4513 times

Daily chart EssarShipping

Weekly price and charts EssarShipping

Strong weekly Stock price targets for EssarShipping ESSARSHPNG are 27.93 and 32.33

Weekly Target 1	27.15
Weekly Target 2	28.7
Weekly Target 3	31.55
Weekly Target 4	33.1
Weekly Target 5	35.95

Weekly price and volumes for Essar Shipping

Date	Closing	Open	Range	Volume
Tue 23 April 2024	30.25 (-3.82%)	33.00	30.00 - 34.40	0.6285 times
Fri 19 April 2024	31.45 (17.35%)	26.50	25.05 - 33.00	2.4256 times
Fri 12 April 2024	26.80 (-1.65%)	28.35	26.40 - 29.75	0.9791 times
Fri 05 April 2024	27.25 (32.93%)	20.90	20.90 - 27.25	1.3147 times
Thu 28 March 2024	20.50 (-1.2%)	21.20	19.75 - 21.80	0.6615 times
Fri 22 March 2024	20.75 (-4.16%)	21.65	20.60 - 22.85	0.7689 times
Fri 15 March 2024	21.65 (-8.65%)	24.50	20.50 - 24.85	0.9614 times
Thu 07 March 2024	23.70 (-12.55%)	27.50	22.75 - 28.45	1.1056 times
Sat 02 March 2024	27.10 (-8.6%)	30.35	26.00 - 30.35	0.6344 times
Fri 23 February 2024	29.65 (12.74%)	27.00	27.00 - 30.35	0.5205 times
Fri 16 February 2024	26.30 (-11.3%)	28.20	25.50 - 29.45	0.8105 times

weekly chart EssarShipping

Monthly price and charts EssarShipping

Strong monthly Stock price targets for EssarShipping ESSARSHPNG are 25.58 and 39.08

Monthly Target 1	15.02
Monthly Target 2	22.63
Monthly Target 3	28.516666666667
Monthly Target 4	36.13
Monthly Target 5	42.02

Monthly price and volumes Essar Shipping

Date	Closing	Open	Range	Volume
Tue 23 April 2024	30.25 (47.56%)	20.90	20.90 - 34.40	1.0018 times
Thu 28 March 2024	20.50 (-23.79%)	27.30	19.75 - 28.45	0.6808 times
Thu 29 February 2024	26.90 (-14.33%)	31.65	25.50 - 32.90	0.5168 times
Wed 31 January 2024	31.40 (-1.88%)	33.60	28.50 - 36.00	0.7754 times
Fri 29 December 2023	32.00 (133.58%)	19.10	17.65 - 38.95	3.1273 times
Mon 19 June 2023	13.70 (47.31%)	9.40	9.05 - 14.40	2.4078 times
Wed 31 May 2023	9.30 (8.14%)	8.75	8.10 - 10.30	0.4602 times
Fri 28 April 2023	8.60 (7.5%)	8.15	8.00 - 9.00	0.1664 times
Fri 31 March 2023	8.00 (-12.09%)	9.20	7.60 - 10.20	0.3923 times
Tue 28 February 2023	9.10 (2.25%)	9.00	7.60 - 10.70	0.4712 times
Tue 31 January 2023	8.90 (-9.18%)	9.90	8.65 - 9.95	0.2437 times

monthly chart EssarShipping

Indicator Analysis of EssarShipping

Tomorrow's movement Prediction of Essar Shipping ESSARSHPNG appears to be in uptrend. But this trend seems to be weakening.

Price is above an important level of 28.47 on charts, and as long as price remains above this level, the uptrend of stock might continue.

Tomorrow's movement Prediction of Essar Shipping ESSARSHPNG 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.

Munafa value: 65 as on Tue 23 April 2024

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

SMA20 is at 26 and price is deviating by 4 points

Upper Bollinger band is at 34 and lower is at 18, while middle bands are at 22 and 30

Price is coming down

Price is above 20day SMA

Price is in upper range of bands

Price action analysis of EssarShipping (ESSARSHPNG) 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 EssarShipping stock for short term is BUY. Signal strength is Strong and stock is losing momentum.

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

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

EssarShipping 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. Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down

CCI has generated a SELL signal for EssarShipping 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 positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying might be slowing down

Stock of EssarShipping is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 29.84 and EssarShipping ESSARSHPNG stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

People seem to be coming out and selling the EssarShipping ESSARSHPNG stock. Volume based technical analysis of EssarShipping ESSARSHPNG stock is negative.

EssarShipping 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.

DMA SMA EMA moving averages of Essar Shipping ESSARSHPNG

DMA (daily moving average) of Essar Shipping ESSARSHPNG

DMA period	DMA value
5 day DMA	30.52
12 day DMA	28.57
20 day DMA	25.7
35 day DMA	24.78
50 day DMA	25.87
100 day DMA	27.79
150 day DMA	21.54
200 day DMA	18.39

EMA (exponential moving average) of Essar Shipping ESSARSHPNG

EMA period	EMA current	EMA prev	EMA prev2
5 day EMA	30.19	30.16	29.72
12 day EMA	28.47	28.15	27.62
20 day EMA	27.22	26.9	26.46
35 day EMA	26.85	26.65	26.39
50 day EMA	26.79	26.65	26.47

SMA (simple moving average) of Essar Shipping ESSARSHPNG

SMA period	SMA current	SMA prev	SMA prev2
5 day SMA	30.52	30.07	29.22
12 day SMA	28.57	28.02	27.31
20 day SMA	25.7	25.27	24.76
35 day SMA	24.78	24.7	24.64
50 day SMA	25.87	25.9	25.91
100 day SMA	27.79	27.61	27.43
150 day SMA	21.54	21.39	21.24
200 day SMA	18.39	18.29	18.18

Fundamentals, profit and EPS of Essar Shipping ESSARSHPNG

EPS is -40.16 and PE is: -0.75

Last quarter profit: (June 2021 quarter) -311.43 crores (-41.97%)

Debt: 1743.21 in crores

Market capitalization: 199.73