(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 2024-12-30 View latest technical analysis
10 day averaged volume of Elecon Eng is 24849
| Date | Daily Closing Price | Open | High | Low | Volume |
| 30 Mon Dec 2024 | 630.40 | 644.55 | 644.55 | 617.45 | 0.599 times |
| 27 Fri Dec 2024 | 642.05 | 642.15 | 648.70 | 625.00 | 1.245 times |
| 26 Thu Dec 2024 | 641.80 | 630.15 | 645.90 | 622.05 | 2.365 times |
| 24 Tue Dec 2024 | 627.70 | 602.90 | 637.35 | 602.25 | 0.982 times |
| 23 Mon Dec 2024 | 602.85 | 601.35 | 612.70 | 592.95 | 0.637 times |
| 20 Fri Dec 2024 | 601.45 | 624.95 | 624.95 | 597.50 | 1.162 times |
| 19 Thu Dec 2024 | 617.85 | 605.40 | 624.35 | 601.70 | 0.838 times |
| 18 Wed Dec 2024 | 613.50 | 636.00 | 636.00 | 611.75 | 0.697 times |
| 17 Tue Dec 2024 | 638.10 | 650.10 | 650.95 | 631.50 | 0.572 times |
| 16 Mon Dec 2024 | 645.20 | 644.75 | 657.95 | 643.00 | 1.088 times |
My analysis of stock is bearish for shortterm, and stock might move down till 612.2 or till 589.9. Use a stoploss of 630.8 and if the stock hits stoploss, then it can shoot up till 649.41
Share price targets for Elecon Eng (EleconEng)
| Target Type | Value |
| Downside Target | 528.85 |
| Downside Target | 562.00 |
| Downside Target | 577.80 |
| Downside Target | 592.95 |
| Upside Target | 641.85 |
| Upside Target | 648.70 |
| Upside Target | 651.50 |
| Upside Target | 657.95 |
| Upside Target | 672.40 |
| Upside Target | 710.00 |
| Upside Target | 738.85 |
Intraday share price targets for Elecon Eng (EleconEng)
| Target Type | Value |
| Downside Intraday Target | 617.05 |
| Downside Intraday Target | 603.7 |
| Upside Intraday Target | 644.15 |
| Upside Intraday Target | 657.9 |
| Upside Intraday Target | 630.8 |
Weekly technical analysis of Elecon Eng (EleconEng)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 30 Mon Dec 2024 | 630.40 | 644.55 | 644.55 | 617.45 | 0.115 times |
| 27 Fri Dec 2024 | 642.05 | 601.35 | 648.70 | 592.95 | 1.2 times |
| 20 Fri Dec 2024 | 601.45 | 644.75 | 657.95 | 597.50 | 0.408 times |
| 13 Fri Dec 2024 | 650.00 | 635.45 | 672.40 | 620.65 | 0.895 times |
| 06 Fri Dec 2024 | 630.95 | 586.05 | 651.50 | 577.80 | 2.648 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 |
| 30 Mon Dec 2024 | 630.40 | 586.05 | 672.40 | 577.80 | 1.717 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, and volume has increased substantially. This means that the move can 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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 and the buy signal is strong.
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 green color and prices are above the green 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 BUY signal in short term and the buying is gaining 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 629.01 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 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 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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 and the buy signal is strong.
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 green color and prices are above the green 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 BUY signal in short term and the buying is gaining 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 629.01 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 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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