(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 2024-11-11 View latest technical analysis
10 day averaged volume of Elecon Eng is 31450
| Date | Daily Closing Price | Open | High | Low | Volume |
| 11 Mon Nov 2024 | 574.20 | 566.05 | 576.15 | 555.10 | 0.659 times |
| 08 Fri Nov 2024 | 571.45 | 594.05 | 594.05 | 567.40 | 0.862 times |
| 07 Thu Nov 2024 | 594.05 | 613.00 | 613.00 | 586.00 | 1.2 times |
| 06 Wed Nov 2024 | 610.80 | 588.50 | 613.15 | 579.70 | 0.782 times |
| 05 Tue Nov 2024 | 579.70 | 584.90 | 589.15 | 575.65 | 0.223 times |
| 04 Mon Nov 2024 | 584.90 | 582.20 | 595.45 | 575.20 | 1.777 times |
| 01 Fri Nov 2024 | 582.20 | 586.20 | 587.00 | 576.65 | 0.385 times |
| 31 Thu Oct 2024 | 574.70 | 555.00 | 579.00 | 547.00 | 1.263 times |
| 30 Wed Oct 2024 | 551.40 | 545.00 | 556.35 | 536.00 | 0.562 times |
| 29 Tue Oct 2024 | 548.65 | 559.45 | 563.85 | 539.20 | 0.958 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 547.6 as stoploss in an intra day buy trade for a target of 601.38. However, stock will show a bearish move below 547.6.
Share price targets for Elecon Eng (EleconEng)
| Target Type | Value |
| Downside Target | 528.85 |
| Downside Target | 555.10 |
| Upside Target | 605.20 |
| Upside Target | 613.15 |
| Upside Target | 620.90 |
| Upside Target | 636.80 |
| Upside Target | 641.85 |
| Upside Target | 710.00 |
| Upside Target | 738.85 |
| Upside Target | 1414.95 |
Intraday share price targets for Elecon Eng (EleconEng)
| Target Type | Value |
| Downside Intraday Target | 560.82 |
| Downside Intraday Target | 547.43 |
| Upside Intraday Target | 581.87 |
| Upside Intraday Target | 589.53 |
| Downside Intraday Target | 568.48 |
Weekly technical analysis of Elecon Eng (EleconEng)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 11 Mon Nov 2024 | 574.20 | 566.05 | 576.15 | 555.10 | 0.136 times |
| 08 Fri Nov 2024 | 571.45 | 582.20 | 613.15 | 567.40 | 0.94 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 |
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 |
| 11 Mon Nov 2024 | 574.20 | 586.20 | 613.15 | 555.10 | 0.192 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 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Elecon Eng ( (EleconEng) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 SELL. Signal strength is Weak 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a SELL signal for Elecon Eng in short term and SELL signal is strong!
RSI is generating a SELL signal in short term and selling is picking up 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 578.44 and Elecon Eng (EleconEng) stock is trading below this level. This means that stock is falling with high volumes. 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Elecon Eng ( (EleconEng) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 SELL. Signal strength is Weak 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a SELL signal for Elecon Eng in short term and SELL signal is strong!
RSI is generating a SELL signal in short term and selling is picking up 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 578.44 and Elecon Eng (EleconEng) stock is trading below this level. This means that stock is falling with high volumes. 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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