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(ELGIRUBCO) Elgi Rubber complete technical analysis [charts+indicators] | Buy/Sell Elgi Rubber | (ELGIRUBCO) share price targets

Complete technical analysis of Elgi Rubber (ELGIRUBCO) by charts plus indicators, forecast predictions and share price targets for Elgi Rubber (ELGIRUBCO)

Showing technical analysis as on 2025-08-28 View latest technical analysis

10 day averaged volume of Elgi Rubber is 643698

Date	Daily Closing Price	Open	High	Low	Volume
28 Thu Aug 2025	71.37	65.00	75.97	59.30	2.178 times
26 Tue Aug 2025	63.31	53.09	63.70	50.00	1.859 times
25 Mon Aug 2025	53.09	59.00	61.80	52.51	0.131 times
31 Tue Dec 2024	136.05	140.50	142.00	133.01	0.338 times
30 Mon Dec 2024	138.54	146.00	154.98	136.50	1.511 times
27 Fri Dec 2024	146.84	130.96	151.90	126.35	5.016 times
26 Thu Dec 2024	130.16	115.65	137.70	114.11	0.831 times
24 Tue Dec 2024	117.36	123.00	123.00	115.55	0.053 times
23 Mon Dec 2024	119.24	122.70	124.84	118.00	0.071 times
20 Fri Dec 2024	120.88	126.90	128.59	120.02	0.084 times

Stock of Elgi Rubber (ELGIRUBCO) has showed a significant upmove. This could be a good time to enter in this stock!

Although my analysis for stock 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 64.3, for a target of 93.9 or 118.61

Share price targets for Elgi Rubber (ELGIRUBCO)

Target Type	Value
Downside Target	50.00
Downside Target	51.90
Upside Target	75.97
Upside Target	85.00
Upside Target	93.01
Upside Target	100.99
Upside Target	105.30
Upside Target	114.11
Upside Target	119.50
Upside Target	133.01
Upside Target	138.00
Upside Target	139.95
Upside Target	151.90
Upside Target	154.98

Intraday share price targets for Elgi Rubber (ELGIRUBCO)

Target Type	Value
Downside Intraday Target	55.59
Downside Intraday Target	39.81
Upside Intraday Target	81.56
Upside Intraday Target	91.75
Downside Intraday Target	65.78

Weekly technical analysis of Elgi Rubber (ELGIRUBCO)

Date	Weekly Closing Price	Open	High	Low	Volume
28 Thu Aug 2025	71.37	59.00	75.97	50.00	2.253 times
31 Tue Dec 2024	136.05	146.00	154.98	133.01	0.31 times
27 Fri Dec 2024	146.84	122.70	151.90	114.11	4.211 times
20 Fri Dec 2024	120.88	128.64	139.90	120.02	1.104 times
13 Fri Dec 2024	125.64	132.70	138.00	119.50	0.35 times

Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Elgi Rubber (ELGIRUBCO)

Date	Monthly Closing Price	Open	High	Low	Volume
28 Thu Aug 2025	71.37	59.00	75.97	50.00	0.294 times
31 Tue Dec 2024	136.05	113.80	154.98	105.30	1.874 times
29 Fri Nov 2024	112.47	93.01	139.95	93.01	40.066 times
31 Thu Oct 2024	92.34	95.00	100.99	85.00	0.015 times

Scroll below to view daily charts

Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Elgi Rubber (ELGIRUBCO)

Price action analysis of Elgi Rubber ( (ELGIRUBCO) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Elgi Rubber ( (ELGIRUBCO) ) based on a short term time period is neutral. A longer time frame might give a better analysis.

Price action analysis of Elgi Rubber ( (ELGIRUBCO) ) based on a short to mid 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.

Price action analysis of Elgi Rubber ( (ELGIRUBCO) ) based on a mid to longer 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 Elgi Rubber stock for short term is SELL. Signal strength is Strong and stock is losing momentum.

MACD generated a SELL signal for Elgi Rubber in short term and the sell signal is strong.

Elgi Rubber Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up

CCI has generated a buy signal for Elgi Rubber in short term but BUY signal is weak.

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Elgi Rubber is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 116.38 and Elgi Rubber (ELGIRUBCO) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the Elgi Rubber (ELGIRUBCO) stock. Volume based technical analysis of Elgi Rubber (ELGIRUBCO) stock is negative.

Elgi Rubber Stock has given negative 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.