(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 2024-06-12 View latest technical analysis
10 day averaged volume of Elecon Eng is 24860
| Date | Daily Closing Price | Open | High | Low | Volume |
| 12 Wed Jun 2024 | 1336.80 | 1180.15 | 1354.40 | 1180.15 | 14.188 times |
| 11 Tue Jun 2024 | 1178.00 | 1164.45 | 1185.00 | 1156.95 | 1.489 times |
| 10 Mon Jun 2024 | 1155.95 | 1121.85 | 1162.80 | 1105.25 | 0.485 times |
| 07 Fri Jun 2024 | 1103.10 | 1063.15 | 1118.00 | 1052.60 | 0.537 times |
| 06 Thu Jun 2024 | 1045.55 | 1030.00 | 1068.65 | 1021.55 | 1.045 times |
| 05 Wed Jun 2024 | 1005.30 | 1047.45 | 1065.60 | 975.20 | 0.876 times |
| 04 Tue Jun 2024 | 1026.90 | 1160.00 | 1160.00 | 957.40 | 3.066 times |
| 03 Mon Jun 2024 | 1150.95 | 1166.05 | 1173.10 | 1129.95 | 0.402 times |
| 31 Fri May 2024 | 1108.75 | 1096.75 | 1117.50 | 1075.15 | 1.136 times |
| 30 Thu May 2024 | 1096.70 | 1112.45 | 1130.00 | 1087.00 | 0.676 times |
Stock of Elecon Eng (EleconEng) has showed a significant upmove. This could be a good time to enter in this stock!
Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 1274.1, for a target of 1196.1 or 1131.13
Share price targets for Elecon Eng (EleconEng)
| Target Type | Value |
| Downside Target | 790.10 |
| Downside Target | 904.05 |
| Downside Target | 957.40 |
| Downside Target | 1009.75 |
| Downside Target | 1075.15 |
| Downside Target | 1105.25 |
| Downside Target | 1164.95 |
| Downside Target | 1173.10 |
| Downside Target | 1189.20 |
| Downside Target | 1244.95 |
| Upside Target | 1354.40 |
Intraday share price targets for Elecon Eng (EleconEng)
| Target Type | Value |
| Downside Intraday Target | 1176.57 |
| Downside Intraday Target | 1016.33 |
| Upside Intraday Target | 1425.72 |
| Upside Intraday Target | 1514.63 |
| Downside Intraday Target | 1265.48 |
Weekly technical analysis of Elecon Eng (EleconEng)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 12 Wed Jun 2024 | 1336.80 | 1121.85 | 1354.40 | 1105.25 | 2.727 times |
| 07 Fri Jun 2024 | 1103.10 | 1166.05 | 1173.10 | 957.40 | 1.815 times |
| 31 Fri May 2024 | 1108.75 | 1122.55 | 1189.20 | 1075.15 | 1.739 times |
| 24 Fri May 2024 | 1145.45 | 1145.00 | 1168.00 | 1127.50 | 0.328 times |
| 18 Sat May 2024 | 1143.65 | 998.00 | 1164.95 | 962.15 | 1.046 times |
Price has moved up 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 |
| 12 Wed Jun 2024 | 1336.80 | 1166.05 | 1354.40 | 957.40 | 1.287 times |
| 31 Fri May 2024 | 1108.75 | 1139.25 | 1189.20 | 920.45 | 0.527 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 |
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 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 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 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 Strong 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 stronger in this stock.
Ichimoku cloud is of green color and prices are above the green 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 positive zone. This is a BUY 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 1232.58 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 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 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 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 Strong 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 stronger in this stock.
Ichimoku cloud is of green color and prices are above the green 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 positive zone. This is a BUY 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 1232.58 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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