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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)

Showing technical analysis as on 2025-07-11 View latest technical analysis

10 day averaged volume of Elgi Rubber is 9660

Date	Daily Closing Price	Open	High	Low	Volume
11 Fri Jul 2025	62.15	60.94	62.15	59.72	1.235 times
10 Thu Jul 2025	60.94	59.75	60.94	59.75	0.736 times
09 Wed Jul 2025	59.75	59.57	59.75	59.00	0.197 times
08 Tue Jul 2025	59.57	60.18	60.18	59.00	0.094 times
07 Mon Jul 2025	59.00	60.00	60.00	59.00	0.238 times
04 Fri Jul 2025	59.00	60.18	60.18	59.00	0.746 times
03 Thu Jul 2025	60.18	60.40	61.00	60.18	1.446 times
02 Wed Jul 2025	61.41	61.41	61.41	61.41	0.641 times
01 Tue Jul 2025	62.67	60.90	63.63	59.00	1.924 times
30 Mon Jun 2025	60.60	61.90	63.00	60.20	1.555 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 61.5, but if it comes below 61.5, then a intra day sell could be more profitable.
If you take a sell trade below 61.5, then use 61.5 as stoploss and 58.25 as target. However if you take a buy trade in stock , then use 61.5 as stoploss and 65.3 as target.

Share price targets for Elgi Rubber (ELGIRUBCO_BE)

Target Type	Value
Downside Target	50.20
Downside Target	51.98
Downside Target	56.00
Downside Target	58.10
Downside Target	62.15
Upside Target	63.00
Upside Target	63.63
Upside Target	66.34
Upside Target	69.50
Upside Target	70.95

Intraday share price targets for Elgi Rubber (ELGIRUBCO_BE)

Target Type	Value
Downside Intraday Target	60.05
Downside Intraday Target	57.95
Upside Intraday Target	63.2
Upside Intraday Target	64.25
Downside Intraday Target	61.1

Weekly technical analysis of Elgi Rubber (ELGIRUBCO_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
11 Fri Jul 2025	62.15	60.00	62.15	59.00	0.396 times
04 Fri Jul 2025	59.00	61.90	63.63	59.00	0.539 times
27 Fri Jun 2025	61.90	52.85	63.00	50.20	1.604 times
20 Fri Jun 2025	52.85	56.00	56.56	52.76	1.462 times
13 Fri Jun 2025	56.00	58.00	58.40	56.00	1.241 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
11 Fri Jul 2025	62.15	60.90	63.63	59.00	0.245 times
30 Mon Jun 2025	60.60	62.50	63.00	50.20	0.762 times
30 Fri May 2025	62.50	62.44	69.50	53.31	3.215 times
30 Wed Apr 2025	62.44	66.34	66.34	58.10	0.105 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 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 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_BE) ) 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_BE) ) 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 BUY. Signal strength is Strong and stock is gaining 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 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 buy signal for Elgi Rubber in short term and BUY signal is strong.

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 61.08 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 falling down

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.