(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 2024-03-15 View latest technical analysis
10 day averaged volume of Elecon Eng is 26956
| Date | Daily Closing Price | Open | High | Low | Volume |
| 15 Fri Mar 2024 | 872.90 | 848.90 | 893.95 | 841.40 | 1.893 times |
| 14 Thu Mar 2024 | 848.55 | 824.95 | 858.95 | 790.10 | 1.734 times |
| 13 Wed Mar 2024 | 810.35 | 870.85 | 885.50 | 795.10 | 3.142 times |
| 12 Tue Mar 2024 | 870.40 | 949.10 | 952.35 | 858.40 | 2.055 times |
| 11 Mon Mar 2024 | 943.55 | 963.60 | 963.60 | 920.30 | 0.233 times |
| 07 Thu Mar 2024 | 961.00 | 930.05 | 966.15 | 930.00 | 0.71 times |
| 06 Wed Mar 2024 | 942.85 | 982.00 | 982.00 | 934.00 | 0.487 times |
| 05 Tue Mar 2024 | 980.10 | 999.60 | 999.60 | 974.65 | 0.574 times |
| 04 Mon Mar 2024 | 991.55 | 999.60 | 1000.60 | 975.50 | 0.554 times |
| 02 Sat Mar 2024 | 999.60 | 991.65 | 1007.25 | 986.70 | 0.035 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 897.5, but if it comes above 897.5, then a intra day buy could be more profitable.
If you take a sell trade below 897.5, then use 897.5 as stoploss and 823.6 as target. However if you take a buy trade in stock , then use 897.5 as stoploss and 959.11 as target.
Share price targets for Elecon Eng (EleconEng)
| Target Type | Value |
| Downside Target | 790.10 |
| Downside Target | 850.00 |
| Upside Target | 903.80 |
| Upside Target | 930.00 |
| Upside Target | 963.60 |
| Upside Target | 1000.60 |
| Upside Target | 1009.75 |
| Upside Target | 1025.45 |
| Upside Target | 1059.00 |
| Upside Target | 1063.45 |
| Upside Target | 1108.25 |
| Upside Target | 1120.50 |
Intraday share price targets for Elecon Eng (EleconEng)
| Target Type | Value |
| Downside Intraday Target | 787.47 |
| Downside Intraday Target | 702.03 |
| Upside Intraday Target | 960.97 |
| Upside Intraday Target | 1049.03 |
| Upside Intraday Target | 875.53 |
Weekly technical analysis of Elecon Eng (EleconEng)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 15 Fri Mar 2024 | 872.90 | 963.60 | 963.60 | 790.10 | 3.897 times |
| 07 Thu Mar 2024 | 961.00 | 999.60 | 1000.60 | 930.00 | 0.954 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 |
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 Elecon Eng (EleconEng)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 15 Fri Mar 2024 | 872.90 | 996.05 | 1009.75 | 790.10 | 0.99 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Elecon Eng ( (EleconEng) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Elecon Eng ( (EleconEng) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Elecon Eng ( (EleconEng) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for Elecon Eng stock for short term is SELL. Signal strength is Strong and stock is losing momentum.
MACD generated a SELL signal for Elecon Eng in short term and the sell signal is strong.
Elecon Eng Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a buy signal for Elecon Eng in short term but BUY signal is weak.
RSI is generating a SELL signal in short term and selling is picking up momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying might be slowing down
Stock of Elecon Eng is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 872.97 and Elecon Eng (EleconEng) 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 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Elecon Eng ( (EleconEng) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Elecon Eng ( (EleconEng) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Elecon Eng ( (EleconEng) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for Elecon Eng stock for short term is SELL. Signal strength is Strong and stock is losing momentum.
MACD generated a SELL signal for Elecon Eng in short term and the sell signal is strong.
Elecon Eng Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a buy signal for Elecon Eng in short term but BUY signal is weak.
RSI is generating a SELL signal in short term and selling is picking up momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying might be slowing down
Stock of Elecon Eng is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 872.97 and Elecon Eng (EleconEng) 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 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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