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Munafa technical analysis ELME technical analysis buy or sell

Munafa technical analysis ELME technical analysis buy or sell Analysis of ELME to buy or sell for Daily, weekly or monthly

Date Close Open High Low
09 Fri Jan 2.93 2.80 3.08 2.71
08 Thu Jan 2.78 2.66 3.60 2.66
07 Wed Jan 17.33 17.48 17.49 17.25
06 Tue Jan 17.42 17.41 17.46 17.18
05 Mon Jan 17.49 17.47 17.58 17.46

Stock of closed at 2.93 and it opened at 2.80
It moved inside a range of 2.71 and 3.08

52 week High is 17.68 and 52 week Low is 2.66
Financial Year High is 17.68 and Low is 2.66
This year High is 17.58 and Low is 2.66

ELME Daily Analysis to buy or sell

As per my analysis of ELME, 12 day returns for ELME have been negative, with total returns of -14.45, which is -83.14% with investment starting at 17.38.
An investment of 100,000 bucks in would have become 16860 bucks today.

ELME moves in a range of 0.1 points on a day to day basis. This means that a total of approx 0.1 plus points of returns can be expected in a bullish day, and a total of 0.1 minus points can be expected in a bearish day.
This is about 3.41% of returns per day.

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 ELME at this time.

It appears as if ELME gave a large move recently.

Stock of (ELME) is trading below an important moving average line, but it crossed this line recently, which means that it could show a small or a large recovery soon enough depending on its trend.

Although my analysis for 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 6.3, for a target of 11.6 or 15.95

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

Daily Candle Stick analysis of ELME

Candle stick analysis of as on 09 Fri Jan 2026 is showing a green candle, which means that the buyers are dominating this session.

Candle stick ratios of are:
HL: 13.7 HC: 5.1 LC: 8.1 OC: 10

is moving towards a high expiry

Candle stick analysis of as on 08 Thu Jan 2026 is showing a green candle, which means that the buyers are dominating this session.

Candle stick ratios of are:
HL: 35.3 HC: 29.5 LC: 4.5 OC: 35.3

is moving towards a low expiry

Candle stick analysis of as on 07 Wed Jan 2026 is showing a red candle, which means that the sellers are dominating this session.

Candle stick ratios of are:
HL: 1.4 HC: 0.9 LC: 0.5 OC: 0.1

is moving towards a low expiry

is forming a DOJI candle

Candle stick analysis of as on 06 Tue Jan 2026 is showing a green candle, which means that the buyers are dominating this session.

Candle stick ratios of are:
HL: 1.6 HC: 0.2 LC: 1.4 OC: 0.3

is moving towards a high expiry

is forming a DOJI candle

Candle stick analysis of as on 05 Mon Jan 2026 is showing a green candle, which means that the buyers are dominating this session.

Candle stick ratios of are:
HL: 0.7 HC: 0.5 LC: 0.2 OC: 0.6

is moving towards a low expiry

ELME Weekly Analysis to buy or sell

As per my analysis of ELME, 12 week returns for ELME have been negative, with total returns of -13.52, which is -82.19% with investment starting at 16.45.
An investment of 100,000 bucks in would have become 17810 bucks today.

ELME moves in a range of 1.4 points on a week to week basis. This means that a total of approx 1.4 plus points of returns can be expected in a bullish week, and a total of 1.4 minus points can be expected in a bearish week.
This is about 47.78% of returns per week.

Weekly Candle Stick analysis of ELME

Candle stick analysis of as on 09 Fri Jan 2026 is showing a red candle, which means that the sellers are dominating this session.

Candle stick ratios of are:
HL: 560.9 HC: 500 LC: 10.2 OC: 0.6

is moving towards a low expiry

Candle stick analysis of as on 02 Fri Jan 2026 is showing a red candle, which means that the sellers are dominating this session.

Candle stick ratios of are:
HL: 1.8 HC: 0.9 LC: 0.9 OC: 0.5

is forming a DOJI candle

Candle stick analysis of as on 29 Mon Dec 2025 is showing a red candle, which means that the sellers are dominating this session.

Candle stick ratios of are:
HL: 1.4 HC: 1.2 LC: 0.2 OC: 0.5

is moving towards a low expiry

is forming a DOJI candle

Candle stick analysis of as on 26 Fri Dec 2025 is showing a green candle, which means that the buyers are dominating this session.

Candle stick ratios of are:
HL: 2 HC: 0.1 LC: 1.9 OC: 2

is moving towards a high expiry

Candle stick analysis of as on 19 Fri Dec 2025 is showing a red candle, which means that the sellers are dominating this session.

Candle stick ratios of are:
HL: 1.4 HC: 1 LC: 0.4 OC: 0.6

is moving towards a low expiry

ELME Monthly Analysis to buy or sell

As per my analysis of ELME, 12 month returns for ELME have been negative, with total returns of -14.46, which is -83.15% with investment starting at 17.39.
An investment of 100,000 bucks in would have become 16850 bucks today.

ELME moves in a range of 1.8 points on a month to month basis. This means that a total of approx 1.8 plus points of returns can be expected in a bullish month, and a total of 1.8 minus points can be expected in a bearish month.
This is about 61.43% of returns per month.

Monthly Candle Stick analysis of ELME

Candle stick analysis of as on 09 Fri Jan 2026 is showing a red candle, which means that the sellers are dominating this session.

Candle stick ratios of are:
HL: 564.7 HC: 503.4 LC: 10.2 OC: 0.5

is moving towards a low expiry

is forming a DOJI candle

Candle stick analysis of as on 29 Mon Dec 2025 is showing a green candle, which means that the buyers are dominating this session.

Candle stick ratios of are:
HL: 3.7 HC: 1.2 LC: 2.5 OC: 2.1

is moving towards a high expiry

Candle stick analysis of as on 28 Fri Nov 2025 is showing a green candle, which means that the buyers are dominating this session.

Candle stick ratios of are:
HL: 6.2 HC: 0.2 LC: 6 OC: 6

is moving towards a high expiry

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

Candle stick ratios of are:
HL: 3.9 HC: 3.3 LC: 0.6 OC: 1.1

is moving towards a low expiry

Candle stick analysis of as on 26 Fri Sep 2025 is showing a red candle, which means that the sellers are dominating this session.

Candle stick ratios of are:
HL: 3.5 HC: 2.6 LC: 1 OC: 1.5

is moving towards a low expiry

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Munafa technical analysis  ELME technical analysis buy or sell

 

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