(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 2024-05-02 View latest technical analysis
10 day averaged volume of Elecon Eng is 63765
| Date | Daily Closing Price | Open | High | Low | Volume |
| 02 Thu May 2024 | 1138.00 | 1139.25 | 1162.70 | 1125.00 | 0.095 times |
| 30 Tue Apr 2024 | 1133.45 | 1161.20 | 1165.70 | 1124.80 | 0.539 times |
| 29 Mon Apr 2024 | 1161.30 | 1122.20 | 1178.80 | 1122.20 | 0.728 times |
| 26 Fri Apr 2024 | 1128.50 | 1161.45 | 1161.45 | 1120.00 | 0.151 times |
| 25 Thu Apr 2024 | 1141.80 | 1159.40 | 1165.00 | 1129.85 | 0.647 times |
| 24 Wed Apr 2024 | 1149.50 | 1130.95 | 1170.50 | 1130.95 | 0.373 times |
| 23 Tue Apr 2024 | 1126.10 | 1179.45 | 1180.00 | 1114.20 | 0.473 times |
| 22 Mon Apr 2024 | 1154.95 | 1244.95 | 1244.95 | 1141.00 | 1.777 times |
| 19 Fri Apr 2024 | 1166.60 | 1040.85 | 1197.55 | 1029.95 | 3.697 times |
| 18 Thu Apr 2024 | 1061.65 | 1019.95 | 1070.00 | 1019.95 | 1.473 times |
My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 1139.9 as stoploss in an intra day sell trade for a target of 1065.19. However, stock will show a bullish move above 1139.9.
Share price targets for Elecon Eng (EleconEng)
| Target Type | Value |
| Downside Target | 790.10 |
| Downside Target | 903.80 |
| Downside Target | 952.00 |
| Downside Target | 1009.75 |
| Downside Target | 1108.25 |
| Downside Target | 1122.20 |
| Downside Target | 1125.00 |
| Upside Target | 1162.70 |
| Upside Target | 1178.80 |
| Upside Target | 1197.55 |
| Upside Target | 1244.95 |
Intraday share price targets for Elecon Eng (EleconEng)
| Target Type | Value |
| Downside Intraday Target | 1113.87 |
| Downside Intraday Target | 1089.73 |
| Upside Intraday Target | 1170.47 |
| Upside Intraday Target | 1202.93 |
| Upside Intraday Target | 1146.33 |
Weekly technical analysis of Elecon Eng (EleconEng)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 02 Thu May 2024 | 1138.00 | 1122.20 | 1178.80 | 1122.20 | 0.398 times |
| 26 Fri Apr 2024 | 1128.50 | 1244.95 | 1244.95 | 1114.20 | 0.606 times |
| 19 Fri Apr 2024 | 1166.60 | 904.05 | 1197.55 | 904.05 | 4.652 times |
| 12 Fri Apr 2024 | 971.65 | 1032.95 | 1032.95 | 966.35 | 1.052 times |
| 05 Fri Apr 2024 | 1005.95 | 952.55 | 1014.40 | 952.00 | 1.323 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 |
| 02 Thu May 2024 | 1138.00 | 1139.25 | 1162.70 | 1125.00 | 0.007 times |
| 30 Tue Apr 2024 | 1133.45 | 952.55 | 1244.95 | 904.05 | 1.844 times |
| 28 Thu Mar 2024 | 949.85 | 996.05 | 1009.75 | 790.10 | 1.356 times |
| 29 Thu Feb 2024 | 1005.40 | 1107.55 | 1108.25 | 911.00 | 0.391 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 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 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.
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 tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are above the green 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 but buying is losing 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 1141.78 and Elecon Eng (EleconEng) stock is trading below this level. This means that stock is falling with high volumes. 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 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 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.
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 tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are above the green 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 but buying is losing 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 1141.78 and Elecon Eng (EleconEng) stock is trading below this level. This means that stock is falling with high volumes. 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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