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

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

10 day averaged volume of Elgi Rubber is 14665

Date	Daily Closing Price	Open	High	Low	Volume
03 Mon Nov 2025	68.61	67.19	69.99	65.51	1.083 times
31 Fri Oct 2025	68.56	68.30	69.15	67.00	1.341 times
30 Thu Oct 2025	66.11	65.80	66.31	63.80	1.474 times
29 Wed Oct 2025	63.16	61.24	63.55	60.26	0.916 times
28 Tue Oct 2025	61.63	61.01	62.90	59.11	1.749 times
27 Mon Oct 2025	61.84	62.94	64.40	61.35	1.005 times
24 Fri Oct 2025	61.71	60.76	63.70	60.76	0.808 times
23 Thu Oct 2025	62.32	60.15	63.94	60.15	1.719 times
21 Tue Oct 2025	61.36	60.40	62.79	60.40	0.155 times
20 Mon Oct 2025	60.85	61.91	63.50	60.10	0.403 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 66.6, but if it comes below 66.6, then a intra day sell could be more profitable.
If you take a sell trade below 66.6, then use 66.6 as stoploss and 63.98 as target. However if you take a buy trade in stock , then use 66.6 as stoploss and 69.8 as target.

Share price targets for Elgi Rubber (ELGIRUBCO_BE)

Target Type	Value
Downside Target	48.20
Downside Target	53.70
Downside Target	59.11
Downside Target	63.63
Downside Target	65.51
Downside Target	66.00
Upside Target	69.15
Upside Target	69.99
Upside Target	70.00
Upside Target	77.00

Intraday share price targets for Elgi Rubber (ELGIRUBCO_BE)

Target Type	Value
Downside Intraday Target	66.08
Downside Intraday Target	63.56
Upside Intraday Target	70.56
Upside Intraday Target	72.52
Downside Intraday Target	68.04

Weekly technical analysis of Elgi Rubber (ELGIRUBCO_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
03 Mon Nov 2025	68.61	67.19	69.99	65.51	0.167 times
31 Fri Oct 2025	68.56	62.94	69.15	59.11	2.102 times
24 Fri Oct 2025	61.71	61.91	63.94	60.10	0.68 times
17 Fri Oct 2025	61.91	64.00	66.00	59.20	1.293 times
10 Fri Oct 2025	64.72	67.00	70.00	64.50	0.773 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_BE)

Date	Monthly Closing Price	Open	High	Low	Volume
03 Mon Nov 2025	68.61	67.19	69.99	65.51	0.054 times
31 Fri Oct 2025	68.56	66.00	70.00	59.11	0.583 times
30 Tue Sep 2025	65.09	74.01	77.00	65.00	2.852 times
22 Fri Aug 2025	56.82	52.62	60.19	48.20	1.067 times

Scroll below to view daily charts

Price has moved up 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_BE)

Price action analysis of Elgi Rubber ( (ELGIRUBCO_BE) ) 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_BE) ) based on a short to mid 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_BE) ) 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 BUY. Signal strength is Weak and stock is losing momentum.

MACD generated a BUY signal for Elgi Rubber 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.

Elgi Rubber Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

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 Elgi Rubber in short term but SELL signal is weak.

RSI is generating a BUY signal in short term but buying 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 64.07 and Elgi Rubber (ELGIRUBCO_BE) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

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

Elgi Rubber 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.