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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 2026-01-05 View latest technical analysis

10 day averaged volume of Elgi Rubber is 74429

Date	Daily Closing Price	Open	High	Low	Volume
05 Mon Jan 2026	43.51	45.57	45.89	42.03	0.831 times
02 Fri Jan 2026	45.57	45.10	47.15	44.90	1.676 times
01 Thu Jan 2026	45.62	45.00	46.41	45.00	0.2 times
31 Wed Dec 2025	45.38	46.49	46.86	44.80	0.429 times
30 Tue Dec 2025	45.34	46.45	50.00	44.64	1.264 times
29 Mon Dec 2025	45.52	45.50	46.54	45.00	0.508 times
26 Fri Dec 2025	46.03	46.05	46.48	44.00	0.877 times
24 Wed Dec 2025	46.05	48.48	48.91	45.30	0.931 times
23 Tue Dec 2025	47.82	47.75	48.44	47.32	0.456 times
22 Mon Dec 2025	47.09	48.30	49.50	46.47	0.975 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 45.1, but if it comes above 45.1, then a intra day buy could be more profitable.
If you take a sell trade below 45.1, then use 45.1 as stoploss and 41.8 as target. However if you take a buy trade in stock , then use 45.1 as stoploss and 47.8 as target.

Share price targets for Elgi Rubber (ELGIRUBCO)

Target Type	Value
Downside Target	42.03
Upside Target	44.00
Upside Target	45.89
Upside Target	49.50
Upside Target	54.73
Upside Target	55.80
Upside Target	72.50
Upside Target	85.48
Upside Target	90.50
Upside Target	105.30
Upside Target	154.98

Intraday share price targets for Elgi Rubber (ELGIRUBCO)

Target Type	Value
Downside Intraday Target	41.73
Downside Intraday Target	39.95
Upside Intraday Target	45.59
Upside Intraday Target	47.67
Upside Intraday Target	43.81

Weekly technical analysis of Elgi Rubber (ELGIRUBCO)

Date	Weekly Closing Price	Open	High	Low	Volume
05 Mon Jan 2026	43.51	45.57	45.89	42.03	0.204 times
02 Fri Jan 2026	45.57	45.50	50.00	44.64	1.259 times
26 Fri Dec 2025	46.03	48.30	49.50	44.00	0.401 times
19 Fri Dec 2025	47.46	55.80	55.80	46.60	1.981 times
13 Sat Dec 2025	52.94	50.40	54.73	46.00	0.172 times

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

Monthly technical analysis of Elgi Rubber (ELGIRUBCO)

Date	Monthly Closing Price	Open	High	Low	Volume
05 Mon Jan 2026	43.51	45.00	47.15	42.03	0.154 times
31 Wed Dec 2025	45.38	50.40	55.80	44.00	0.742 times
03 Wed Sep 2025	74.56	83.60	90.50	72.50	0.357 times
29 Fri Aug 2025	82.54	59.00	85.48	50.00	0.542 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 definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Elgi Rubber ( (ELGIRUBCO) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

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

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 gaining momentum.

MACD generated a BUY signal for Elgi Rubber in short term but the buy signal is initial and weak.

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

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 coming down

CCI has generated a SELL signal for Elgi Rubber in short term and SELL signal is strong!

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

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 45.72 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.