(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 2024-11-06 View latest technical analysis
10 day averaged volume of Elecon Eng is 35544
| Date | Daily Closing Price | Open | High | Low | Volume |
| 06 Wed Nov 2024 | 610.80 | 588.50 | 613.15 | 579.70 | 0.692 times |
| 05 Tue Nov 2024 | 579.70 | 584.90 | 589.15 | 575.65 | 0.198 times |
| 04 Mon Nov 2024 | 584.90 | 582.20 | 595.45 | 575.20 | 1.572 times |
| 01 Fri Nov 2024 | 582.20 | 586.20 | 587.00 | 576.65 | 0.341 times |
| 31 Thu Oct 2024 | 574.70 | 555.00 | 579.00 | 547.00 | 1.117 times |
| 30 Wed Oct 2024 | 551.40 | 545.00 | 556.35 | 536.00 | 0.498 times |
| 29 Tue Oct 2024 | 548.65 | 559.45 | 563.85 | 539.20 | 0.848 times |
| 28 Mon Oct 2024 | 562.60 | 553.95 | 568.00 | 531.35 | 1.758 times |
| 25 Fri Oct 2024 | 541.75 | 582.00 | 584.40 | 528.85 | 2.55 times |
| 24 Thu Oct 2024 | 581.95 | 603.45 | 603.45 | 574.70 | 0.54 times |
My analysis of stock is bearish for shortterm, and stock might move down till 556.8 or till 482.4. Use a stoploss of 618.78 and if the stock hits stoploss, then it can shoot up till 680.79
Share price targets for Elecon Eng (EleconEng)
| Target Type | Value |
| Downside Target | 528.85 |
| Downside Target | 562.00 |
| Downside Target | 575.20 |
| Downside Target | 605.20 |
| Upside Target | 620.90 |
| Upside Target | 636.80 |
| Upside Target | 641.85 |
| Upside Target | 710.00 |
| Upside Target | 717.00 |
| Upside Target | 738.85 |
| Upside Target | 1414.95 |
Intraday share price targets for Elecon Eng (EleconEng)
| Target Type | Value |
| Downside Intraday Target | 586.28 |
| Downside Intraday Target | 561.77 |
| Upside Intraday Target | 624.23 |
| Upside Intraday Target | 637.67 |
| Downside Intraday Target | 599.72 |
Weekly technical analysis of Elecon Eng (EleconEng)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 06 Wed Nov 2024 | 610.80 | 582.20 | 613.15 | 575.20 | 0.54 times |
| 01 Fri Nov 2024 | 582.20 | 553.95 | 587.00 | 531.35 | 0.575 times |
| 25 Fri Oct 2024 | 541.75 | 627.05 | 636.80 | 528.85 | 0.948 times |
| 18 Fri Oct 2024 | 626.25 | 697.80 | 738.85 | 620.90 | 1.546 times |
| 11 Fri Oct 2024 | 689.65 | 672.60 | 717.00 | 617.40 | 3.248 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 |
| 06 Wed Nov 2024 | 610.80 | 586.20 | 613.15 | 575.20 | 0.104 times |
| 31 Thu Oct 2024 | 574.70 | 706.00 | 738.85 | 528.85 | 1.679 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 |
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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
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 losing 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 SELL signal in short term but selling is losing 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 565.75 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 definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
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 losing 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 SELL signal in short term but selling is losing 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 565.75 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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