(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 2024-11-26 View latest technical analysis
10 day averaged volume of Elecon Eng is 24879
| Date | Daily Closing Price | Open | High | Low | Volume |
| 26 Tue Nov 2024 | 570.55 | 574.95 | 575.00 | 556.00 | 1.21 times |
| 25 Mon Nov 2024 | 592.35 | 568.80 | 601.50 | 568.00 | 0.939 times |
| 22 Fri Nov 2024 | 560.80 | 570.60 | 570.60 | 549.90 | 1.172 times |
| 21 Thu Nov 2024 | 565.15 | 578.95 | 578.95 | 549.10 | 0.421 times |
| 19 Tue Nov 2024 | 571.45 | 559.00 | 582.35 | 544.65 | 1.222 times |
| 18 Mon Nov 2024 | 547.80 | 558.45 | 558.45 | 537.20 | 0.491 times |
| 14 Thu Nov 2024 | 558.05 | 556.35 | 560.30 | 530.55 | 1.095 times |
| 13 Wed Nov 2024 | 545.40 | 555.35 | 562.00 | 535.45 | 1.729 times |
| 12 Tue Nov 2024 | 557.60 | 574.20 | 575.40 | 553.00 | 1.01 times |
| 11 Mon Nov 2024 | 574.20 | 566.05 | 576.15 | 555.10 | 0.833 times |
My analysis of stock is bullish for shortterm, and stock might move up till 586.9 or till 607. Use a stoploss of 570.19 and if this stock hits its stoploss, then it can fall down till 553.44
Share price targets for Elecon Eng (EleconEng)
| Target Type | Value |
| Downside Target | 528.85 |
| Downside Target | 556.00 |
| Upside Target | 587.00 |
| Upside Target | 601.50 |
| Upside Target | 605.20 |
| Upside Target | 613.15 |
| 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 | 550.53 |
| Downside Intraday Target | 530.52 |
| Upside Intraday Target | 596.03 |
| Upside Intraday Target | 621.52 |
| Upside Intraday Target | 576.02 |
Weekly technical analysis of Elecon Eng (EleconEng)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 26 Tue Nov 2024 | 570.55 | 568.80 | 601.50 | 556.00 | 0.65 times |
| 22 Fri Nov 2024 | 560.80 | 558.45 | 582.35 | 537.20 | 0.708 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 |
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 |
| 26 Tue Nov 2024 | 570.55 | 586.20 | 613.15 | 530.55 | 0.433 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 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 neutral. A longer time frame might give a better analysis.
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 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 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 but SELL signal is weak.
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
Stock of Elecon Eng is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 563.58 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 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 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 neutral. A longer time frame might give a better analysis.
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 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 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 but SELL signal is weak.
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
Stock of Elecon Eng is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 563.58 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 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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