(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 2024-11-18 View latest technical analysis
10 day averaged volume of Elecon Eng is 28057
| Date | Daily Closing Price | Open | High | Low | Volume |
| 18 Mon Nov 2024 | 547.80 | 558.45 | 558.45 | 537.20 | 0.436 times |
| 14 Thu Nov 2024 | 558.05 | 556.35 | 560.30 | 530.55 | 0.971 times |
| 13 Wed Nov 2024 | 545.40 | 555.35 | 562.00 | 535.45 | 1.533 times |
| 12 Tue Nov 2024 | 557.60 | 574.20 | 575.40 | 553.00 | 0.895 times |
| 11 Mon Nov 2024 | 574.20 | 566.05 | 576.15 | 555.10 | 0.739 times |
| 08 Fri Nov 2024 | 571.45 | 594.05 | 594.05 | 567.40 | 0.966 times |
| 07 Thu Nov 2024 | 594.05 | 613.00 | 613.00 | 586.00 | 1.346 times |
| 06 Wed Nov 2024 | 610.80 | 588.50 | 613.15 | 579.70 | 0.877 times |
| 05 Tue Nov 2024 | 579.70 | 584.90 | 589.15 | 575.65 | 0.25 times |
| 04 Mon Nov 2024 | 584.90 | 582.20 | 595.45 | 575.20 | 1.992 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 553, but if it comes above 553, then a intra day buy could be more profitable.
If you take a sell trade below 553, then use 553 as stoploss and 529.6 as target. However if you take a buy trade in stock , then use 553 as stoploss and 572.48 as target.
Share price targets for Elecon Eng (EleconEng)
| Target Type | Value |
| Downside Target | 528.85 |
| Upside Target | 558.45 |
| Upside Target | 587.00 |
| Upside Target | 605.20 |
| Upside Target | 613.15 |
| 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 | 537.18 |
| Downside Intraday Target | 526.57 |
| Upside Intraday Target | 558.43 |
| Upside Intraday Target | 569.07 |
| Upside Intraday Target | 547.82 |
Weekly technical analysis of Elecon Eng (EleconEng)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 18 Mon Nov 2024 | 547.80 | 558.45 | 558.45 | 537.20 | 0.105 times |
| 14 Thu Nov 2024 | 558.05 | 566.05 | 576.15 | 530.55 | 0.762 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 |
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 |
| 18 Mon Nov 2024 | 547.80 | 586.20 | 613.15 | 530.55 | 0.304 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 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 short 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 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 Strong and stock is losing momentum.
MACD generated a SELL signal for Elecon Eng in short term and the sell signal is strong.
Elecon Eng Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red 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 SELL signal in short term but selling 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 573.46 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 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 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 short 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 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 Strong and stock is losing momentum.
MACD generated a SELL signal for Elecon Eng in short term and the sell signal is strong.
Elecon Eng Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red 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 SELL signal in short term but selling 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 573.46 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 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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