(EleconEng) Elecon Eng complete technical analysis [charts+indicators] | Buy/Sell Elecon Eng | (EleconEng) share price targets
Complete technical analysis of Elecon Eng (EleconEng) by charts plus indicators, forecast predictions and share price targets for Elecon Eng (EleconEng)
Showing technical analysis as on 2024-03-04 View latest technical analysis
10 day averaged volume of Elecon Eng is 12964
| Date | Daily Closing Price | Open | High | Low | Volume |
| 04 Mon Mar 2024 | 991.55 | 999.60 | 1000.60 | 975.50 | 1.151 times |
| 02 Sat Mar 2024 | 999.60 | 991.65 | 1007.25 | 986.70 | 0.072 times |
| 01 Fri Mar 2024 | 989.55 | 996.05 | 1009.75 | 985.35 | 0.991 times |
| 29 Thu Feb 2024 | 1005.40 | 935.00 | 1012.00 | 911.00 | 1.288 times |
| 28 Wed Feb 2024 | 937.50 | 955.05 | 970.65 | 924.00 | 0.437 times |
| 27 Tue Feb 2024 | 950.90 | 1010.00 | 1010.00 | 934.55 | 1.643 times |
| 26 Mon Feb 2024 | 998.95 | 1017.75 | 1025.45 | 995.50 | 0.635 times |
| 23 Fri Feb 2024 | 1017.35 | 1002.55 | 1028.00 | 999.85 | 1.449 times |
| 22 Thu Feb 2024 | 997.35 | 990.55 | 1009.30 | 990.55 | 0.751 times |
| 21 Wed Feb 2024 | 1000.55 | 1041.45 | 1041.45 | 985.35 | 0.842 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 978.6 as stoploss in an intra day buy trade for a target of 1007.1. However, stock will show a bearish move below 978.6.
Share price targets for Elecon Eng (EleconEng)
| Target Type | Value |
| Downside Target | 850.00 |
| Downside Target | 903.80 |
| Downside Target | 970.00 |
| Upside Target | 1000.60 |
| Upside Target | 1009.75 |
| Upside Target | 1025.45 |
| Upside Target | 1059.00 |
| Upside Target | 1063.45 |
| Upside Target | 1087.50 |
| Upside Target | 1108.25 |
| Upside Target | 1120.50 |
Intraday share price targets for Elecon Eng (EleconEng)
| Target Type | Value |
| Downside Intraday Target | 977.83 |
| Downside Intraday Target | 964.12 |
| Upside Intraday Target | 1002.93 |
| Upside Intraday Target | 1014.32 |
| Downside Intraday Target | 989.22 |
Weekly technical analysis of Elecon Eng (EleconEng)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 04 Mon Mar 2024 | 991.55 | 999.60 | 1000.60 | 975.50 | 0.227 times |
| 02 Sat Mar 2024 | 999.60 | 1017.75 | 1025.45 | 911.00 | 0.71 times |
| 23 Fri Feb 2024 | 1017.35 | 1049.90 | 1059.00 | 985.35 | 1.229 times |
| 16 Fri Feb 2024 | 1020.80 | 993.90 | 1063.45 | 970.00 | 1.411 times |
| 09 Fri Feb 2024 | 1014.20 | 1067.20 | 1087.50 | 997.00 | 0.313 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 Elecon Eng (EleconEng)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 04 Mon Mar 2024 | 991.55 | 996.05 | 1009.75 | 975.50 | 0.089 times |
| 29 Thu Feb 2024 | 1005.40 | 1107.55 | 1108.25 | 911.00 | 0.391 times |
| 31 Wed Jan 2024 | 1100.80 | 952.95 | 1120.50 | 903.80 | 1.423 times |
| 29 Fri Dec 2023 | 926.90 | 948.00 | 984.30 | 859.00 | 0.594 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 Elecon Eng (EleconEng)
Price action analysis of Elecon Eng ( (EleconEng) ) 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 Elecon Eng ( (EleconEng) ) 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 Elecon Eng ( (EleconEng) ) based on a short to mid term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Elecon Eng ( (EleconEng) ) 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 Elecon Eng stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.
MACD generated a SELL signal for Elecon Eng in short term and the sell signal is strong.
Elecon Eng 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. Bulls are getting tired and bears are picking up momentum.
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 Elecon Eng in short term and SELL signal is strong!
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in negative zone. This is the SELL zone
Stock of Elecon Eng is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 989.4 and Elecon Eng (EleconEng) 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 Elecon Eng (EleconEng) stock. Volume based technical analysis of Elecon Eng (EleconEng) stock is negative.
Elecon Eng Stock has given negative 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.
Price action analysis of Elecon Eng ( (EleconEng) ) 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 Elecon Eng ( (EleconEng) ) 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 Elecon Eng ( (EleconEng) ) based on a short to mid term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Elecon Eng ( (EleconEng) ) 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 Elecon Eng stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.
MACD generated a SELL signal for Elecon Eng in short term and the sell signal is strong.
Elecon Eng 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. Bulls are getting tired and bears are picking up momentum.
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 Elecon Eng in short term and SELL signal is strong!
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in negative zone. This is the SELL zone
Stock of Elecon Eng is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 989.4 and Elecon Eng (EleconEng) 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 Elecon Eng (EleconEng) stock. Volume based technical analysis of Elecon Eng (EleconEng) stock is negative.
Elecon Eng Stock has given negative 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.
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