(ELDN) complete technical analysis [charts+indicators] | Buy/Sell | (ELDN) share price targets
Complete technical analysis of (ELDN) by charts plus indicators, forecast predictions and share price targets for (ELDN)
Showing technical analysis as on 2024-05-07 View latest technical analysis
10 day averaged volume of is 139080
Date | Daily Closing Price | Open | High | Low | Volume |
07 Tue May 2024 | 2.26 | 2.15 | 2.29 | 2.11 | 18.211 times |
06 Mon May 2024 | 2.44 | 2.50 | 2.50 | 2.39 | 0.668 times |
03 Fri May 2024 | 2.41 | 2.38 | 2.53 | 2.28 | 1.283 times |
02 Thu May 2024 | 2.30 | 2.38 | 2.39 | 2.24 | 0.855 times |
01 Wed May 2024 | 2.29 | 2.43 | 2.43 | 2.13 | 1.056 times |
30 Tue Apr 2024 | 2.39 | 2.38 | 2.40 | 2.29 | 0.665 times |
29 Mon Apr 2024 | 2.37 | 2.07 | 2.43 | 2.05 | 2.313 times |
26 Fri Apr 2024 | 2.06 | 2.05 | 2.08 | 2.00 | 0.586 times |
25 Thu Apr 2024 | 2.02 | 1.97 | 2.10 | 1.91 | 0.484 times |
24 Wed Apr 2024 | 1.97 | 2.18 | 2.20 | 1.96 | 0.725 times |
Stock of (ELDN) has showed a significant fall. This could be a good time to exit from this stock.
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 2.3 as stoploss in an intra day sell trade for a target of 2.02. However, stock will show a bullish move above 2.3.
Share price targets for (ELDN)
Target Type | Value |
Downside Target | 1.52 |
Downside Target | 1.65 |
Downside Target | 1.77 |
Downside Target | 1.91 |
Downside Target | 1.97 |
Downside Target | 2.05 |
Downside Target | 2.18 |
Downside Target | 2.20 |
Downside Target | 2.23 |
Upside Target | 2.43 |
Upside Target | 2.50 |
Upside Target | 2.53 |
Intraday share price targets for (ELDN)
Target Type | Value |
Downside Intraday Target | 2.08 |
Downside Intraday Target | 1.9 |
Upside Intraday Target | 2.47 |
Upside Intraday Target | 2.68 |
Upside Intraday Target | 2.29 |
Weekly technical analysis of (ELDN)
Date | Weekly Closing Price | Open | High | Low | Volume |
07 Tue May 2024 | 2.26 | 2.50 | 2.50 | 2.11 | 3.059 times |
03 Fri May 2024 | 2.41 | 2.07 | 2.53 | 2.05 | 1.14 times |
26 Fri Apr 2024 | 2.06 | 2.00 | 2.20 | 1.91 | 0.819 times |
19 Fri Apr 2024 | 1.86 | 1.64 | 2.18 | 1.52 | 4.798 times |
12 Fri Apr 2024 | 1.69 | 1.72 | 1.77 | 1.54 | 0.298 times |
Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of (ELDN)
Date | Monthly Closing Price | Open | High | Low | Volume |
07 Tue May 2024 | 2.26 | 2.43 | 2.53 | 2.11 | 1.051 times |
30 Tue Apr 2024 | 2.39 | 2.10 | 2.43 | 1.52 | 1.326 times |
28 Thu Mar 2024 | 2.06 | 1.84 | 2.23 | 1.52 | 3.02 times |
29 Thu Feb 2024 | 1.80 | 1.76 | 1.97 | 1.65 | 0.422 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 (ELDN)
Price action analysis of ( (ELDN) ) 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 ( (ELDN) ) 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 ( (ELDN) ) 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 ( (ELDN) ) 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 stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.
MACD generated a BUY signal for in short term and the buy signal is strong.
Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down
CCI has generated a SELL signal for in short term and SELL signal is strong!
RSI is generating a SELL signal in short term and selling is picking up 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 is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 2.27 and (ELDN) 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 (ELDN) stock. Volume based technical analysis of (ELDN) stock is negative.
Stock is giving positive 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.
Price action analysis of ( (ELDN) ) 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 ( (ELDN) ) 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 ( (ELDN) ) 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 ( (ELDN) ) 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 stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.
MACD generated a BUY signal for in short term and the buy signal is strong.
Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down
CCI has generated a SELL signal for in short term and SELL signal is strong!
RSI is generating a SELL signal in short term and selling is picking up 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 is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 2.27 and (ELDN) 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 (ELDN) stock. Volume based technical analysis of (ELDN) stock is negative.
Stock is giving positive 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.