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(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 2024-10-15 View latest technical analysis

10 day averaged volume of Elecon Eng is 33559

Date Daily Closing Price Open High Low Volume
15 Tue Oct 2024 707.50 707.80 712.60 687.75 1.295 times
14 Mon Oct 2024 696.45 697.80 710.55 687.10 0.49 times
11 Fri Oct 2024 689.65 705.00 717.00 681.00 0.541 times
10 Thu Oct 2024 701.60 681.00 709.00 658.70 1.49 times
09 Wed Oct 2024 655.45 639.05 659.10 633.25 0.814 times
08 Tue Oct 2024 638.55 625.00 642.00 617.40 0.878 times
07 Mon Oct 2024 626.40 672.60 673.45 621.00 2.006 times
03 Thu Oct 2024 689.85 685.00 708.95 673.55 0.604 times
01 Tue Oct 2024 695.40 706.00 717.90 690.75 0.613 times
30 Mon Sep 2024 700.00 699.70 703.25 688.00 0.546 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 697, but if it comes below 697, then a intra day sell could be more profitable.
If you take a sell trade below 697, then use 697 as stoploss and 665.74 as target. However if you take a buy trade in stock , then use 697 as stoploss and 734.5 as target.

Share price targets for Elecon Eng (EleconEng)

Target Type Value
Downside Target 562.00
Downside Target 583.00
Downside Target 605.20
Downside Target 631.40
Downside Target 673.55
Downside Target 687.10
Upside Target 710.00
Upside Target 717.00
Upside Target 717.90
Upside Target 957.40
Upside Target 1367.30
Upside Target 1414.95

Intraday share price targets for Elecon Eng (EleconEng)

Target Type Value
Downside Intraday Target 692.2
Downside Intraday Target 676.9
Upside Intraday Target 717.7
Upside Intraday Target 727.9
Downside Intraday Target 702.4

Weekly technical analysis of Elecon Eng (EleconEng)

Date Weekly Closing Price Open High Low Volume
15 Tue Oct 2024 707.50 697.80 712.60 687.10 0.312 times
11 Fri Oct 2024 689.65 672.60 717.00 617.40 3.248 times
03 Thu Oct 2024 689.85 699.70 717.90 673.55 0.183 times
27 Fri Sep 2024 695.25 631.40 710.00 631.40 4.455 times
20 Fri Sep 2024 633.65 636.65 640.00 611.45 0.96 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
15 Tue Oct 2024 707.50 706.00 717.90 617.40 0.511 times
30 Mon Sep 2024 700.00 629.95 710.00 605.20 1.073 times
30 Fri Aug 2024 620.55 629.50 641.85 562.00 0.459 times
31 Wed Jul 2024 629.65 1300.35 1414.95 583.00 1.353 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 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 BUY. Signal strength is Strong 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 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 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 673.92 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 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 BUY. Signal strength is Strong 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 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 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 673.92 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.

Click here for Elecon Eng charts

Click here for further forecast and predictions for tomorrow

Daily charts

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Daily chart
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