(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 2025-01-02 View latest technical analysis
10 day averaged volume of Elecon Eng is 27465
| Date | Daily Closing Price | Open | High | Low | Volume |
| 02 Thu Jan 2025 | 629.90 | 635.05 | 641.95 | 628.85 | 0.339 times |
| 01 Wed Jan 2025 | 634.90 | 633.50 | 643.70 | 630.00 | 0.631 times |
| 31 Tue Dec 2024 | 634.75 | 634.85 | 651.00 | 632.55 | 1.656 times |
| 30 Mon Dec 2024 | 630.40 | 644.55 | 644.55 | 617.45 | 0.542 times |
| 27 Fri Dec 2024 | 642.05 | 642.15 | 648.70 | 625.00 | 1.126 times |
| 26 Thu Dec 2024 | 641.80 | 630.15 | 645.90 | 622.05 | 2.14 times |
| 24 Tue Dec 2024 | 627.70 | 602.90 | 637.35 | 602.25 | 0.888 times |
| 23 Mon Dec 2024 | 602.85 | 601.35 | 612.70 | 592.95 | 0.577 times |
| 20 Fri Dec 2024 | 601.45 | 624.95 | 624.95 | 597.50 | 1.051 times |
| 19 Thu Dec 2024 | 617.85 | 605.40 | 624.35 | 601.70 | 0.758 times |
My analysis of stock is bearish for shortterm, and stock might move down till 617.6 or till 598.8. Use a stoploss of 633.27 and if the stock hits stoploss, then it can shoot up till 648.96
Share price targets for Elecon Eng (EleconEng)
| Target Type | Value |
| Downside Target | 528.85 |
| Downside Target | 577.80 |
| Downside Target | 592.95 |
| Upside Target | 643.70 |
| Upside Target | 648.70 |
| Upside Target | 651.00 |
| 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 | 614.57 |
| Downside Intraday Target | 599.23 |
| Upside Intraday Target | 648.12 |
| Upside Intraday Target | 666.33 |
| Upside Intraday Target | 632.78 |
Weekly technical analysis of Elecon Eng (EleconEng)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 02 Thu Jan 2025 | 629.90 | 644.55 | 651.00 | 617.45 | 0.67 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 |
| 02 Thu Jan 2025 | 629.90 | 633.50 | 643.70 | 628.85 | 0.031 times |
| 31 Tue Dec 2024 | 634.75 | 586.05 | 672.40 | 577.80 | 1.813 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 |
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 neutral. A longer time frame might give a better analysis.
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 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 BUY. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Elecon Eng in short term but the sell signal is initial and weak.
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 in or below 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 SELL signal in short term but selling is losing momentum.
MRSI is in negative zone. This is the SELL 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 629.28 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 neutral. A longer time frame might give a better analysis.
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 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 BUY. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Elecon Eng in short term but the sell signal is initial and weak.
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 in or below 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 SELL signal in short term but selling is losing momentum.
MRSI is in negative zone. This is the SELL 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 629.28 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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