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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 8084

Date	Daily Closing Price	Open	High	Low	Volume
15 Tue Jul 2025	62.09	62.09	62.09	62.09	1.21 times
14 Mon Jul 2025	63.36	63.39	63.39	63.36	1.329 times
11 Fri Jul 2025	62.15	60.94	62.15	59.72	1.475 times
10 Thu Jul 2025	60.94	59.75	60.94	59.75	0.879 times
09 Wed Jul 2025	59.75	59.57	59.75	59.00	0.236 times
08 Tue Jul 2025	59.57	60.18	60.18	59.00	0.112 times
07 Mon Jul 2025	59.00	60.00	60.00	59.00	0.284 times
04 Fri Jul 2025	59.00	60.18	60.18	59.00	0.891 times
03 Thu Jul 2025	60.18	60.40	61.00	60.18	1.728 times
02 Wed Jul 2025	61.41	61.41	61.41	61.41	0.766 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 62.3 as stoploss in an intra day sell trade for a target of 58.98. However, stock will show a bullish move above 62.3.

Share price targets for Elgi Rubber (ELGIRUBCO_BE)

Target Type	Value
Downside Target	50.20
Downside Target	51.98
Downside Target	56.56
Downside Target	58.10
Downside Target	62.09
Upside Target	63.00
Upside Target	63.39
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	61.66
Downside Intraday Target	61.22
Upside Intraday Target	62.96
Upside Intraday Target	63.82
Upside Intraday Target	62.52

Weekly technical analysis of Elgi Rubber (ELGIRUBCO_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
15 Tue Jul 2025	62.09	63.39	63.39	62.09	0.85 times
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

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_BE)

Date	Monthly Closing Price	Open	High	Low	Volume
15 Tue Jul 2025	62.09	60.90	63.63	59.00	0.317 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 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 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 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 coming down

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 61.25 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 has given negative returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.