(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 2024-04-01 View latest technical analysis
10 day averaged volume of Elecon Eng is 21623
| Date | Daily Closing Price | Open | High | Low | Volume |
| 01 Mon Apr 2024 | 977.55 | 952.55 | 980.00 | 952.00 | 1.224 times |
| 28 Thu Mar 2024 | 949.85 | 968.55 | 974.45 | 933.75 | 0.333 times |
| 27 Wed Mar 2024 | 958.50 | 967.95 | 970.00 | 926.40 | 1.666 times |
| 26 Tue Mar 2024 | 943.80 | 938.45 | 947.70 | 905.05 | 0.571 times |
| 22 Fri Mar 2024 | 918.15 | 896.85 | 924.00 | 884.15 | 0.93 times |
| 21 Thu Mar 2024 | 891.25 | 850.65 | 905.50 | 850.65 | 1.029 times |
| 20 Wed Mar 2024 | 842.45 | 835.45 | 858.20 | 824.45 | 0.222 times |
| 19 Tue Mar 2024 | 835.10 | 857.95 | 857.95 | 827.55 | 0.242 times |
| 18 Mon Mar 2024 | 848.10 | 871.75 | 880.15 | 844.85 | 0.484 times |
| 15 Fri Mar 2024 | 872.90 | 848.90 | 893.95 | 841.40 | 2.36 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 977.9 as stoploss in an intra day sell trade for a target of 918.76. However, stock will show a bullish move above 977.9.
Share price targets for Elecon Eng (EleconEng)
| Target Type | Value |
| Downside Target | 790.10 |
| Downside Target | 824.45 |
| Downside Target | 859.00 |
| Downside Target | 903.80 |
| Downside Target | 952.00 |
| Upside Target | 980.00 |
| Upside Target | 984.30 |
| Upside Target | 1000.60 |
| Upside Target | 1009.75 |
| Upside Target | 1108.25 |
| Upside Target | 1120.50 |
Intraday share price targets for Elecon Eng (EleconEng)
| Target Type | Value |
| Downside Intraday Target | 959.7 |
| Downside Intraday Target | 941.85 |
| Upside Intraday Target | 987.7 |
| Upside Intraday Target | 997.85 |
| Downside Intraday Target | 969.85 |
Weekly technical analysis of Elecon Eng (EleconEng)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 01 Mon Apr 2024 | 977.55 | 952.55 | 980.00 | 952.00 | 0.476 times |
| 28 Thu Mar 2024 | 949.85 | 938.45 | 974.45 | 905.05 | 0.884 times |
| 22 Fri Mar 2024 | 918.15 | 871.75 | 924.00 | 824.45 | 0.258 times |
| 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 |
Price has moved up 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 |
| 01 Mon Apr 2024 | 977.55 | 952.55 | 980.00 | 952.00 | 0.06 times |
| 28 Thu Mar 2024 | 949.85 | 996.05 | 1009.75 | 790.10 | 1.356 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 |
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 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 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 to mid term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, 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 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 BUY. Signal strength is Weak and stock is gaining momentum.
MACD generated a BUY signal for Elecon Eng in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Elecon Eng 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 moving up
CCI has generated a buy signal for Elecon Eng in short term and BUY 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
Although the stock is in the SELL zone, but selling 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 913.72 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 rising upwards.
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 is giving positive 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 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 to mid term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, 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 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 BUY. Signal strength is Weak and stock is gaining momentum.
MACD generated a BUY signal for Elecon Eng in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Elecon Eng 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 moving up
CCI has generated a buy signal for Elecon Eng in short term and BUY 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
Although the stock is in the SELL zone, but selling 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 913.72 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 rising upwards.
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 is giving positive 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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