(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 2024-05-21 View latest technical analysis
10 day averaged volume of Elecon Eng is 23358
| Date | Daily Closing Price | Open | High | Low | Volume |
| 21 Tue May 2024 | 1141.70 | 1145.00 | 1160.00 | 1137.00 | 0.458 times |
| 18 Sat May 2024 | 1143.65 | 1154.95 | 1154.95 | 1131.15 | 0.314 times |
| 17 Fri May 2024 | 1144.20 | 1145.05 | 1164.95 | 1133.55 | 1.538 times |
| 16 Thu May 2024 | 1145.15 | 1099.95 | 1149.45 | 1096.40 | 1.122 times |
| 15 Wed May 2024 | 1096.40 | 1109.95 | 1112.70 | 1078.00 | 1.048 times |
| 14 Tue May 2024 | 1095.85 | 1019.85 | 1106.00 | 1010.00 | 1.389 times |
| 13 Mon May 2024 | 1007.50 | 998.00 | 1012.40 | 962.15 | 0.679 times |
| 10 Fri May 2024 | 995.80 | 961.05 | 1034.40 | 920.45 | 1.978 times |
| 09 Thu May 2024 | 1008.85 | 1087.50 | 1087.50 | 1001.00 | 0.526 times |
| 08 Wed May 2024 | 1065.55 | 1036.20 | 1071.70 | 1031.35 | 0.369 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 1153.1 as stoploss in an intra day sell trade for a target of 1101.33. However, stock will show a bullish move above 1153.1.
Share price targets for Elecon Eng (EleconEng)
| Target Type | Value |
| Downside Target | 790.10 |
| Downside Target | 903.80 |
| Downside Target | 962.15 |
| Downside Target | 1009.75 |
| Downside Target | 1085.10 |
| Downside Target | 1108.25 |
| Downside Target | 1137.00 |
| Upside Target | 1160.00 |
| Upside Target | 1164.95 |
| Upside Target | 1178.80 |
| Upside Target | 1244.95 |
Intraday share price targets for Elecon Eng (EleconEng)
| Target Type | Value |
| Downside Intraday Target | 1132.47 |
| Downside Intraday Target | 1123.23 |
| Upside Intraday Target | 1155.47 |
| Upside Intraday Target | 1169.23 |
| Upside Intraday Target | 1146.23 |
Weekly technical analysis of Elecon Eng (EleconEng)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 21 Tue May 2024 | 1141.70 | 1145.00 | 1160.00 | 1137.00 | 0.075 times |
| 18 Sat May 2024 | 1143.65 | 998.00 | 1164.95 | 962.15 | 1.046 times |
| 10 Fri May 2024 | 995.80 | 1109.95 | 1109.95 | 920.45 | 1.343 times |
| 03 Fri May 2024 | 1101.60 | 1122.20 | 1178.80 | 1085.10 | 0.464 times |
| 26 Fri Apr 2024 | 1128.50 | 1244.95 | 1244.95 | 1114.20 | 0.606 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 |
| 21 Tue May 2024 | 1141.70 | 1139.25 | 1164.95 | 920.45 | 0.382 times |
| 30 Tue Apr 2024 | 1133.45 | 952.55 | 1244.95 | 904.05 | 1.844 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 |
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 neutral. A longer time frame might give a better analysis.
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 BUY. Signal strength is Weak and stock is gaining momentum.
MACD generated a BUY signal for Elecon Eng in short term and the buy signal is strong.
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 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 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 1080.09 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 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 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 neutral. A longer time frame might give a better analysis.
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 BUY. Signal strength is Weak and stock is gaining momentum.
MACD generated a BUY signal for Elecon Eng in short term and the buy signal is strong.
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 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 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 1080.09 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
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