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 617 and 640.95

Daily Target 1	597.38
Daily Target 2	612.67
Daily Target 3	621.33333333333
Daily Target 4	636.62
Daily Target 5	645.28

Daily price and volume Elgi Equipments

Date	Closing	Open	Range	Volume
Thu 25 April 2024	627.95 (1.72%)	613.00	606.05 - 630.00	0.7045 times
Wed 24 April 2024	617.35 (-1.68%)	630.00	614.60 - 633.20	0.9295 times
Tue 23 April 2024	627.90 (2.35%)	625.00	611.05 - 630.70	1.1506 times
Mon 22 April 2024	613.50 (-1.61%)	625.25	610.05 - 633.00	0.7022 times
Fri 19 April 2024	623.55 (-0.38%)	624.05	613.00 - 633.50	0.3598 times
Thu 18 April 2024	625.95 (0.68%)	626.00	622.35 - 641.95	0.5815 times
Tue 16 April 2024	621.70 (-1.31%)	635.00	615.50 - 642.00	0.8565 times
Mon 15 April 2024	629.95 (-1.64%)	627.00	604.60 - 635.50	1.2178 times
Fri 12 April 2024	640.45 (1.88%)	631.50	631.00 - 666.00	2.8883 times
Wed 10 April 2024	628.65 (1.61%)	619.75	619.00 - 633.90	0.6093 times
Tue 09 April 2024	618.70 (-2.22%)	634.00	616.10 - 634.00	0.9337 times

Daily chart ElgiEquipments

Weekly price and charts ElgiEquipments

Strong weekly Stock price targets for ElgiEquipments ELGIEQUIP are 617 and 644.15

Weekly Target 1	595.25
Weekly Target 2	611.6
Weekly Target 3	622.4
Weekly Target 4	638.75
Weekly Target 5	649.55

Weekly price and volumes for Elgi Equipments

Date	Closing	Open	Range	Volume
Thu 25 April 2024	627.95 (0.71%)	625.25	606.05 - 633.20	0.4372 times
Fri 19 April 2024	623.55 (-2.64%)	627.00	604.60 - 642.00	0.3781 times
Fri 12 April 2024	640.45 (-1.11%)	648.90	616.10 - 666.00	0.6752 times
Fri 05 April 2024	647.65 (7.64%)	609.90	584.70 - 669.00	3.3798 times
Thu 28 March 2024	601.70 (2.06%)	593.00	576.55 - 605.00	0.5141 times
Fri 22 March 2024	589.55 (-7.01%)	630.00	584.00 - 636.95	0.512 times
Fri 15 March 2024	634.00 (-9.39%)	702.50	602.95 - 713.45	0.965 times
Thu 07 March 2024	699.70 (1.8%)	689.85	672.00 - 714.20	0.7887 times
Sat 02 March 2024	687.35 (8.68%)	634.00	615.55 - 701.00	1.3616 times
Fri 23 February 2024	632.45 (-1.26%)	645.65	622.50 - 674.00	0.9883 times
Fri 16 February 2024	640.55 (-5.77%)	679.80	606.60 - 699.00	2.7218 times

weekly chart ElgiEquipments

Monthly price and charts ElgiEquipments

Strong monthly Stock price targets for ElgiEquipments ELGIEQUIP are 606.33 and 690.63

Monthly Target 1	542.92
Monthly Target 2	585.43
Monthly Target 3	627.21666666667
Monthly Target 4	669.73
Monthly Target 5	711.52

Monthly price and volumes Elgi Equipments

Date	Closing	Open	Range	Volume
Thu 25 April 2024	627.95 (4.36%)	609.90	584.70 - 669.00	1.186 times
Thu 28 March 2024	601.70 (-7.72%)	653.45	576.55 - 714.20	0.9202 times
Thu 29 February 2024	652.05 (6.04%)	611.80	582.30 - 703.95	1.5302 times
Wed 31 January 2024	614.90 (12.92%)	547.25	524.00 - 617.00	0.8919 times
Fri 29 December 2023	544.55 (2.52%)	535.00	503.10 - 554.00	0.6875 times
Thu 30 November 2023	531.15 (5.11%)	505.35	497.00 - 540.90	0.6608 times
Tue 31 October 2023	505.35 (-1.11%)	510.00	466.80 - 517.00	0.5993 times
Fri 29 September 2023	511.00 (4.15%)	491.05	482.10 - 538.90	1.0877 times
Thu 31 August 2023	490.65 (-8.38%)	538.90	463.00 - 544.95	0.6979 times
Mon 31 July 2023	535.55 (-1.12%)	545.90	532.70 - 623.00	1.7386 times
Fri 30 June 2023	541.60 (1.34%)	538.65	523.05 - 566.95	1.048 times

monthly chart ElgiEquipments

Indicator Analysis of ElgiEquipments

Tomorrow's movement Prediction of Elgi Equipments ELGIEQUIP appears to be in downtrend.

And this trend seems to be continuing further.

Price is above an important level of 623.29 on charts, and as long as price remains above this level, the uptrend of stock might continue.

Tomorrow's movement Prediction of Elgi Equipments ELGIEQUIP appears to be moving in a flat line. No recent bulk deals happened to affect the stock trend.

Tomorrow's movement Prediction of Elgi Equipments ELGIEQUIP appears strongly Bullish. This stock started moving upwards as soon as it opened. Generally this happens when there is a positive sentiment following the stock, making it attractive. There's a good chance that this upwards movement will continue tomorrow as well.

Munafa value: 55 as on Thu 25 April 2024

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

SMA20 is at 618 and price is deviating by 22 points

Upper Bollinger band is at 660 and lower is at 575, while middle bands are at 597 and 639

Price is rising

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 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 ElgiEquipments stock for short term is SELL. 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.

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

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 weakening, and bulls are picking up momentum!

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 SELL signal for ElgiEquipments in short term and SELL signal is strong!

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in negative zone. This is the SELL zone

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 629.03 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	622.05
12 day DMA	625.7
20 day DMA	617.11
35 day DMA	630.24
50 day DMA	633.91
100 day DMA	594.41
150 day DMA	564.63
200 day DMA	552.71

EMA (exponential moving average) of Elgi Equipments ELGIEQUIP

EMA period	EMA current	EMA prev	EMA prev2
5 day EMA	623.74	621.64	623.78
12 day EMA	623.29	622.44	623.37
20 day EMA	623.66	623.21	623.83
35 day EMA	628.16	628.17	628.81
50 day EMA	633.6	633.83	634.5

SMA (simple moving average) of Elgi Equipments ELGIEQUIP

SMA period	SMA current	SMA prev	SMA prev2
5 day SMA	622.05	621.65	622.52
12 day SMA	625.7	627.34	630.34
20 day SMA	617.11	615.19	614.17
35 day SMA	630.24	631.74	632.73
50 day SMA	633.91	634.95	636.21
100 day SMA	594.41	593.31	592.35
150 day SMA	564.63	563.85	563.18
200 day SMA	552.71	552.28	551.88

Fundamentals, profit and EPS of Elgi Equipments ELGIEQUIP

EPS is 12.80 and PE is: 49.06

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: 49.52

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

Debt: 624.45 in crores

Market capitalization: 17228.79