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Elgi Equipments technical analysis: RSI, MACD and moving averages

NSE: ELGIEQUIPBSE: 522074Industrial ProductsSmall Cap

Elgi Equipments Limited · Face value ₹1 · Listed Sep 1988 on BSE, Nov 1995 on NSE
Last close ₹521.85up ₹1.65 (0.32%)BSE ₹521.40

Share price at the NSE close on 27 Oct 2026. Previous close ₹520.20.

27 Oct: open ₹520.00, high ₹528.90, low ₹515.95

52-week range of traded prices to 27 Oct 2026
₹408.25Low, 21 Jan 2026₹653.40High, 7 Sep 2026
Market cap
₹16,538 Cr395th largest listed
P/E
36.92
P/B
7.41
Dividend yield
0.52%
ROE
21.9%
ROCE
19.8%
Debt to equity
0.18
Volume, NSE
2,15,35052.8% delivered

Elgi Equipments' technical indicators on adjusted prices to 27 Oct 2026: moving averages, RSI, MACD, Bollinger bands, beta against the Nifty 500 and pivot levels.

Price, RSI, MACD and Bollinger bands

A year of sessions on adjusted prices, to 27 Oct 2026.Elgi Equipments share price history

From the 52-week high
−20.1%

Close with its 50 and 200-day averages

  • Close
  • 50-day average
  • 200-day average
The close is above 0 of its 8 simple moving averages (5 to 200 days) in the table below.

Moving averages, including the 50, 100 and 200 day averages

Adjusted prices, to 27 Oct 2026.

WindowSimple (SMA, DMA)Exponential (EMA)
5 days₹523.00−0.2%
10 days₹546.50−4.5%₹541.70−3.7%
20 days₹569.18−8.3%₹561.23−7.0%
30 days₹581.88−10.3%
50 days₹599.06−12.9%₹582.01−10.3%
100 days₹594.94−12.3%₹580.87−10.2%
150 days₹573.84−9.1%
200 days₹550.66−5.2%₹553.69−5.7%

Beside each average, the close against it: the close divided by the average, less one, in per cent. An exponential average weights recent closes more heavily than older ones.

Since the 50-day crossed the 200-day
133Above, 15 Apr 2026 at ₹531.00
200-day average, 20-session change
+1.7%
Sessions above the 200-day average
168of the last 250
Closes above the 20-day average
38%of the last 60 sessions
Volume-weighted average, 20 days
₹569.11
Hull moving average, 9 days
₹508.43
Ichimoku base line, 26 sessions
₹564.35

RSI, MACD and other oscillators

Adjusted prices, to 27 Oct 2026.

  • RSI, 14 days31.7
  • Money flow index, 14 days41.7
  • Stochastic %K17.0
  • Stochastic %D13.5
  • Stochastic RSI20.9
  • Williams %R, 14 days−83.0
  • Ultimate oscillator42.4
  • ADX, 14 days33.1
  • Positive directional indicator8.9
  • Negative directional indicator31.2
MACD line
−22.04In rupees
MACD signal line
−15.96In rupees
MACD histogram
−6.08In rupees
Awesome oscillator
−65.46In rupees
Momentum, 10 sessions
−54.85In rupees
Bull bear power, 13 days
−52.70In rupees
Commodity channel index, 20 days
−127.0No fixed range
Rate of change, 21 sessions
−14.3%Change in the close
Rate of change, 125 sessions
−5.3%Change in the close

Volatility and Bollinger bands

Adjusted prices, to 27 Oct 2026.

Bollinger bands today

Close ₹521.85
Lower band₹509.0620-day average₹569.18Upper band₹629.29
Twice the spread of the last 20 closes either side of their average.
Average true range
₹19.20In rupees, 14 days
Average true range, % of price
3.68%Of the close
Volatility, 20 days
36.2%A year
Volatility, 30 days
32.4%A year
Volatility, 60 days
33.4%A year
Bollinger band width
21.1%Of the 20-day average
  • 30-day volatility, place in its year70%
  • Band width, place in its year88%
  • 21-session change, place in its year1%

Beta, highs and deepest falls

Against the Nifty 500. The 1-year beta, 3-year beta, 3 and 5-year fall and correlation to 23 Oct 2026, the rest to 27 Oct 2026.Elgi Equipments PE ratio and valuation

Beta against the Nifty 500

  • 1 month1.62
  • 3 months1.34
  • 1 year1.29
  • 3 years1.15
1: moves as the Nifty 500 does

Deepest fall from a high

  • 1 year−20.2%
  • 3 and 5 years24 Jun 2024 to 9 Apr 2025; Nifty 500 −8.7% over the same days−47.7%
Highest close since Jan 2007
₹769.2024 Jun 2024, 855 days before 27 Oct 2026
Correlation, 1 year
0.55
Correlation, 3 years
0.43

Volume, delivery and notable sessions

Volume restated for splits and bonuses, to 27 Oct 2026.

Volume against the 50-session average

1×: a usual session
Volume on rising days
50%of the last 20 sessions' volume
Volume trend, 20 sessions
−46.5%
Delivery against usual
+0.5
Delivery, last 5 sessions
49.9%
Delivery, last 21 sessions
49.4%
Price band
20%₹416.20 to ₹624.20 on 27 Oct 2026
Impact cost
0.05%

Delivery, last 10 sessions

  • 27 Oct52.8%
  • 26 Oct50.7%
  • 23 Oct45.3%
  • 22 Oct41.8%
  • 21 Oct58.5%
  • 19 Oct51.5%
  • 16 Oct41.1%
  • 15 Oct54.1%
  • 14 Oct41.5%
  • 13 Oct37.7%
49.4%: the last 21 sessions together
  • Oct19MonLargest movedown 4.87%
  • Aug28FriLargest moveup 4.94%
  • Aug14FriBusiest and largest move17.0× usual volumeup 5.72%
  • May29FriBusiest14.6× usual volumedown 0.77%
  • Feb3TueLargest moveup 13.55%
  • Nov17MonBusiest9.3× usual volumeup 2.63%

Of the last 250 sessions: the three with the most shares traded against the 50 sessions before each and the four largest moves of the close, up or down.

Pivot points: support and resistance

On adjusted prices.

For the session after 27 Oct 2026, from that day's open, high, low and close.

Classic levels and the latest close

R3₹541.47
R2₹535.18
R1₹528.52
Pivot₹522.23
S1₹515.57
S2₹509.28
S3₹502.62
Close ₹521.85
LevelClassicWoodieCamarillaFibonacciDeMark
Resistance 3 (R3)₹541.47₹541.28₹525.41₹535.18–
Resistance 2 (R2)₹535.18₹535.09₹524.22₹530.24–
Resistance 1 (R1)₹528.52₹528.33₹523.04₹527.18₹531.85
Pivot point₹522.23₹522.14₹522.23₹522.23₹523.90
Support 1 (S1)₹515.57₹515.38₹520.66₹517.29₹518.90
Support 2 (S2)₹509.28₹509.19₹519.48₹514.23–
Support 3 (S3)₹502.62₹502.43₹518.29₹509.28–

Classic pivot levelsWoodie pivot levelsCamarilla pivot levelsFibonacci pivot levelsDeMark pivot levels

Returns and price ranges

Close to close on adjusted prices. The latest month and year run to 27 Oct 2026.

Last 12 months, per cent

  • Return
  • Loss
2.6Nov 25−7.2Dec 25−9.0Jan 2624Feb 26−13Mar 2618Apr 263.6May 264.3Jun 26−4.8Jul 2610Aug 26−2.9Sep 26−14Oct 26
Highest month Feb 2026, +24.0%; lowest Oct 2026, −14.3%.

Last 10 years, per cent

  • Return
  • Loss
70Dec 17−15Dec 18−1.6Dec 1919Dec 2095Dec 2140Dec 2230Dec 236.5Dec 24−18Dec 2510Oct 26
Highest year to Dec 2021, +95.5%; lowest to Dec 2025, −18.3%.
Low to highLatest close ₹521.85
WindowChange
1 week−4.1%₹504.80₹545.00
1 month−13.5%₹504.80₹614.80
3 months−9.8%₹504.80₹653.40
6 months−5.3%₹504.80₹653.40
2 years−12.5%₹401.00₹678.00
3 years+8.5%₹401.00₹798.95
5 years+160.1%₹197.55₹798.95
Lowest low and highest high over each window, on adjusted prices; change is close to close. The last year's range of traded prices is at the top of the page.