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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)

10 day averaged volume of Elgi Rubber is 60907

Date	Daily Closing Price	Open	High	Low	Volume
16 Fri Jan 2026	42.03	44.50	44.50	40.25	0.17 times
14 Wed Jan 2026	42.20	41.10	42.61	41.10	0.204 times
13 Tue Jan 2026	42.65	41.05	43.14	41.05	0.243 times
12 Mon Jan 2026	42.29	39.25	42.80	39.25	2.092 times
09 Fri Jan 2026	40.26	41.64	41.64	40.00	0.441 times
08 Thu Jan 2026	40.64	40.95	41.75	40.01	0.888 times
07 Wed Jan 2026	40.48	41.38	43.00	40.11	1.288 times
06 Tue Jan 2026	41.28	43.98	44.50	40.52	1.536 times
05 Mon Jan 2026	43.51	45.57	45.89	42.03	1.015 times
02 Fri Jan 2026	45.57	45.10	47.15	44.90	2.048 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 41.8 as stoploss in an intra day buy trade for a target of 44.24. However, stock will show a bearish move below 41.8.

Share price targets for Elgi Rubber (ELGIRUBCO)

Target Type	Value
Downside Target	39.25
Upside Target	44.00
Upside Target	45.89
Upside Target	49.50
Upside Target	50.00
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	39.35
Downside Intraday Target	36.68
Upside Intraday Target	44.6
Upside Intraday Target	47.18
Downside Intraday Target	41.93

Weekly technical analysis of Elgi Rubber (ELGIRUBCO)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Fri Jan 2026	42.03	39.25	44.50	39.25	0.524 times
09 Fri Jan 2026	40.26	45.57	45.89	40.00	1.037 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

Price has moved up 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
16 Fri Jan 2026	42.03	45.00	47.15	39.25	0.473 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 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 short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 neutral. A longer time frame might give a better analysis.

ADX buy sell signal for Elgi Rubber stock for short term is SELL. Signal strength is Weak and stock is losing 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 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 below the red cloud Prices appear to be coming down

CCI has generated a buy signal for Elgi Rubber in short term and BUY 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 42.46 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.