(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)
10 day averaged volume of Elecon Eng is 27253
| Date | Daily Closing Price | Open | High | Low | Volume |
| 07 Fri Feb 2025 | 510.55 | 516.95 | 523.00 | 508.90 | 0.488 times |
| 06 Thu Feb 2025 | 515.70 | 505.95 | 518.10 | 500.00 | 0.716 times |
| 05 Wed Feb 2025 | 500.15 | 501.25 | 509.15 | 493.00 | 0.545 times |
| 04 Tue Feb 2025 | 494.30 | 484.75 | 499.80 | 472.40 | 1.688 times |
| 03 Mon Feb 2025 | 480.65 | 529.95 | 529.95 | 478.25 | 1.813 times |
| 31 Fri Jan 2025 | 531.80 | 523.90 | 537.40 | 516.50 | 0.425 times |
| 30 Thu Jan 2025 | 519.15 | 527.95 | 528.90 | 515.60 | 0.388 times |
| 29 Wed Jan 2025 | 517.50 | 519.75 | 550.00 | 512.00 | 1.515 times |
| 28 Tue Jan 2025 | 519.75 | 515.80 | 535.00 | 503.00 | 0.498 times |
| 27 Mon Jan 2025 | 526.00 | 533.55 | 540.15 | 513.30 | 1.032 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 505.8 as stoploss in an intra day buy trade for a target of 545.66. However, stock will show a bearish move below 505.8.
Share price targets for Elecon Eng (EleconEng)
| Target Type | Value |
| Downside Target | 472.40 |
| Downside Target | 503.00 |
| Upside Target | 528.85 |
| Upside Target | 550.00 |
| Upside Target | 577.80 |
| Upside Target | 613.15 |
| Upside Target | 614.20 |
| Upside Target | 637.20 |
| Upside Target | 639.95 |
| Upside Target | 643.70 |
| Upside Target | 672.40 |
| Upside Target | 738.85 |
Intraday share price targets for Elecon Eng (EleconEng)
| Target Type | Value |
| Downside Intraday Target | 478.65 |
| Downside Intraday Target | 446.75 |
| Upside Intraday Target | 536.2 |
| Upside Intraday Target | 561.85 |
| Downside Intraday Target | 504.3 |
Weekly technical analysis of Elecon Eng (EleconEng)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 07 Fri Feb 2025 | 510.55 | 529.95 | 529.95 | 472.40 | 1.361 times |
| 31 Fri Jan 2025 | 531.80 | 533.55 | 550.00 | 503.00 | 0.556 times |
| 24 Fri Jan 2025 | 543.35 | 590.00 | 614.20 | 532.65 | 1.508 times |
| 17 Fri Jan 2025 | 590.45 | 582.25 | 637.20 | 534.00 | 1.268 times |
| 10 Fri Jan 2025 | 594.40 | 639.95 | 639.95 | 584.30 | 0.994 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 |
| 07 Fri Feb 2025 | 510.55 | 529.95 | 529.95 | 472.40 | 0.256 times |
| 31 Fri Jan 2025 | 531.80 | 633.50 | 643.70 | 503.00 | 0.649 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 |
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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Elecon Eng ( (EleconEng) ) based on a short 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 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 SELL. Signal strength is Strong and stock is losing momentum.
MACD generated a SELL signal for Elecon Eng in short term and the sell signal is strong.
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. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a buy signal for Elecon Eng in short term and BUY signal is strong.
RSI is generating a SELL signal in short term but selling is losing 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 506.14 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Elecon Eng ( (EleconEng) ) based on a short 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 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 SELL. Signal strength is Strong and stock is losing momentum.
MACD generated a SELL signal for Elecon Eng in short term and the sell signal is strong.
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. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a buy signal for Elecon Eng in short term and BUY signal is strong.
RSI is generating a SELL signal in short term but selling is losing 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 506.14 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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