(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 2024-12-10 View latest technical analysis
10 day averaged volume of Elecon Eng is 40541
| Date | Daily Closing Price | Open | High | Low | Volume |
| 10 Tue Dec 2024 | 661.00 | 621.05 | 664.00 | 621.05 | 2.561 times |
| 09 Mon Dec 2024 | 625.75 | 635.45 | 640.35 | 620.65 | 0.501 times |
| 06 Fri Dec 2024 | 630.95 | 628.15 | 640.60 | 628.00 | 0.64 times |
| 05 Thu Dec 2024 | 629.80 | 647.00 | 648.00 | 624.05 | 1.273 times |
| 04 Wed Dec 2024 | 638.60 | 629.60 | 651.50 | 626.00 | 2.732 times |
| 03 Tue Dec 2024 | 623.15 | 587.45 | 625.55 | 587.45 | 2.189 times |
| 02 Mon Dec 2024 | 588.40 | 586.05 | 591.00 | 577.80 | 0.48 times |
| 29 Fri Nov 2024 | 585.65 | 593.60 | 593.60 | 573.65 | 0.424 times |
| 28 Thu Nov 2024 | 584.40 | 592.85 | 592.85 | 579.00 | 0.254 times |
| 27 Wed Nov 2024 | 582.30 | 570.85 | 593.90 | 569.90 | 0.765 times |
Stock of Elecon Eng (EleconEng) has showed a significant upmove. This could be a good time to enter in this stock!
Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 661.7, for a target of 622.4 or 589.67
Share price targets for Elecon Eng (EleconEng)
| Target Type | Value |
| Downside Target | 528.85 |
| Downside Target | 556.00 |
| Downside Target | 576.15 |
| Downside Target | 601.50 |
| Downside Target | 613.15 |
| Downside Target | 620.65 |
| Downside Target | 641.85 |
| Downside Target | 651.50 |
| Upside Target | 664.00 |
| Upside Target | 710.00 |
| Upside Target | 738.85 |
Intraday share price targets for Elecon Eng (EleconEng)
| Target Type | Value |
| Downside Intraday Target | 633.1 |
| Downside Intraday Target | 605.2 |
| Upside Intraday Target | 676.45 |
| Upside Intraday Target | 691.9 |
| Downside Intraday Target | 648.55 |
Weekly technical analysis of Elecon Eng (EleconEng)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 10 Tue Dec 2024 | 661.00 | 635.45 | 664.00 | 620.65 | 0.419 times |
| 06 Fri Dec 2024 | 630.95 | 586.05 | 651.50 | 577.80 | 2.648 times |
| 29 Fri Nov 2024 | 585.65 | 568.80 | 601.50 | 556.00 | 1.361 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 |
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 |
| 10 Tue Dec 2024 | 661.00 | 586.05 | 664.00 | 577.80 | 0.886 times |
| 29 Fri Nov 2024 | 585.65 | 586.20 | 613.15 | 530.55 | 0.493 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 |
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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 neutral. A longer time frame might give a better analysis.
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 and the buy signal is strong.
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 BUY signal in short term and the buying is gaining 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 629.94 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 neutral. A longer time frame might give a better analysis.
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 and the buy signal is strong.
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 BUY signal in short term and the buying is gaining 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 629.94 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.
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