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(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 2025-05-16 View latest technical analysis

10 day averaged volume of Elecon Eng is 95166

Date	Daily Closing Price	Open	High	Low	Volume
16 Fri May 2025	663.45	680.00	687.95	653.05	0.747 times
15 Thu May 2025	680.25	643.00	683.05	643.00	0.497 times
14 Wed May 2025	654.00	669.00	670.50	643.50	0.329 times
13 Tue May 2025	668.70	645.95	677.55	629.55	1.125 times
12 Mon May 2025	643.75	649.10	649.10	632.85	0.315 times
09 Fri May 2025	621.95	594.75	630.50	594.75	1.139 times
08 Thu May 2025	618.35	617.05	648.80	606.00	1.166 times
07 Wed May 2025	615.95	586.00	622.80	580.50	1.895 times
06 Tue May 2025	593.70	576.20	605.25	575.90	1.417 times
05 Mon May 2025	579.05	578.00	585.40	565.85	0.335 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 643.1, but if it comes below 643.1, then a intra day sell could be more profitable.
If you take a sell trade below 643.1, then use 643.1 as stoploss and 577.97 as target. However if you take a buy trade in stock , then use 643.1 as stoploss and 721.2 as target.

Share price targets for Elecon Eng (EleconEng)

Target Type	Value
Downside Target	378.35
Downside Target	405.45
Downside Target	444.60
Downside Target	468.70
Downside Target	493.85
Downside Target	529.95
Downside Target	555.30
Downside Target	581.15
Downside Target	629.55
Downside Target	643.70
Downside Target	648.80
Upside Target	687.95

Intraday share price targets for Elecon Eng (EleconEng)

Target Type	Value
Downside Intraday Target	632.68
Downside Intraday Target	601.92
Upside Intraday Target	691.08
Upside Intraday Target	718.72
Downside Intraday Target	660.32

Weekly technical analysis of Elecon Eng (EleconEng)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Fri May 2025	663.45	649.10	687.95	629.55	0.506 times
09 Fri May 2025	621.95	578.00	648.80	565.85	1.424 times
02 Fri May 2025	573.90	529.95	581.15	512.45	0.866 times
25 Fri Apr 2025	516.85	477.55	555.30	468.70	4.822 times
17 Thu Apr 2025	470.85	450.05	476.40	444.60	1.151 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
16 Fri May 2025	663.45	538.00	687.95	538.00	1.104 times
30 Wed Apr 2025	545.10	454.75	572.00	405.45	0.915 times
28 Fri Mar 2025	449.10	424.45	493.85	378.35	1.635 times
28 Fri Feb 2025	412.45	529.95	529.95	408.40	1.109 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 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 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.

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 tired and bears are picking up momentum.

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 but buying is losing 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 628.65 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.