(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 2024-07-08 View latest technical analysis
10 day averaged volume of Elecon Eng is 28974
| Date | Daily Closing Price | Open | High | Low | Volume |
| 08 Mon Jul 2024 | 1289.45 | 1414.95 | 1414.95 | 1255.55 | 4.025 times |
| 05 Fri Jul 2024 | 1376.15 | 1358.05 | 1380.00 | 1350.75 | 0.424 times |
| 04 Thu Jul 2024 | 1343.85 | 1340.05 | 1363.15 | 1338.00 | 0.909 times |
| 03 Wed Jul 2024 | 1337.50 | 1368.25 | 1374.60 | 1332.55 | 1.06 times |
| 02 Tue Jul 2024 | 1349.60 | 1331.60 | 1399.65 | 1331.15 | 2.55 times |
| 01 Mon Jul 2024 | 1328.95 | 1300.35 | 1340.05 | 1300.35 | 0.314 times |
| 28 Fri Jun 2024 | 1321.25 | 1310.05 | 1337.00 | 1310.05 | 0.832 times |
| 27 Thu Jun 2024 | 1324.55 | 1335.00 | 1339.70 | 1310.05 | 1.082 times |
| 26 Wed Jun 2024 | 1333.55 | 1343.50 | 1348.50 | 1324.05 | 1.063 times |
| 25 Tue Jun 2024 | 1334.30 | 1337.95 | 1367.30 | 1322.15 | 1.597 times |
Stock of Elecon Eng (EleconEng) has showed a significant fall. This could be a good time to exit from this stock.
My analysis of stock is bearish for shortterm, and stock might move down till 1257.3 or till 1196. Use a stoploss of 1308.44 and if the stock hits stoploss, then it can shoot up till 1359.55
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 | 1105.25 |
| Downside Target | 1189.20 |
| Downside Target | 1244.95 |
| Upside Target | 1335.00 |
| Upside Target | 1354.40 |
| Upside Target | 1367.30 |
| Upside Target | 1399.65 |
| Upside Target | 1414.95 |
Intraday share price targets for Elecon Eng (EleconEng)
| Target Type | Value |
| Downside Intraday Target | 1225.02 |
| Downside Intraday Target | 1160.58 |
| Upside Intraday Target | 1384.42 |
| Upside Intraday Target | 1479.38 |
| Upside Intraday Target | 1319.98 |
Weekly technical analysis of Elecon Eng (EleconEng)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 08 Mon Jul 2024 | 1289.45 | 1414.95 | 1414.95 | 1255.55 | 0.766 times |
| 05 Fri Jul 2024 | 1376.15 | 1300.35 | 1399.65 | 1300.35 | 1.108 times |
| 28 Fri Jun 2024 | 1321.25 | 1301.95 | 1367.30 | 1293.10 | 2.125 times |
| 21 Fri Jun 2024 | 1309.35 | 1334.00 | 1335.00 | 1271.00 | 0.127 times |
| 14 Fri Jun 2024 | 1317.35 | 1121.85 | 1354.40 | 1105.25 | 3.458 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 |
| 08 Mon Jul 2024 | 1289.45 | 1300.35 | 1414.95 | 1255.55 | 0.313 times |
| 28 Fri Jun 2024 | 1321.25 | 1166.05 | 1367.30 | 957.40 | 2.014 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 |
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 neutral. A longer time frame might give a better analysis.
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 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 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 losing momentum.
MACD generated a SELL signal for Elecon Eng in short term but the sell signal is initial and weak.
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. Bears are getting stronger in this stock.
Ichimoku cloud is of green color and prices are in or below the green 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 but buying is losing 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 1324.51 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 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 neutral. A longer time frame might give a better analysis.
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 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 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 losing momentum.
MACD generated a SELL signal for Elecon Eng in short term but the sell signal is initial and weak.
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. Bears are getting stronger in this stock.
Ichimoku cloud is of green color and prices are in or below the green 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 but buying is losing 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 1324.51 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 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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