(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 2024-05-31 View latest technical analysis
10 day averaged volume of Elecon Eng is 14288
| Date | Daily Closing Price | Open | High | Low | Volume |
| 31 Fri May 2024 | 1108.75 | 1096.75 | 1117.50 | 1075.15 | 1.977 times |
| 30 Thu May 2024 | 1096.70 | 1112.45 | 1130.00 | 1087.00 | 1.177 times |
| 29 Wed May 2024 | 1112.45 | 1137.95 | 1148.30 | 1107.85 | 0.499 times |
| 28 Tue May 2024 | 1137.85 | 1117.20 | 1178.80 | 1117.20 | 0.794 times |
| 27 Mon May 2024 | 1162.60 | 1122.55 | 1189.20 | 1122.55 | 1.235 times |
| 24 Fri May 2024 | 1145.45 | 1159.95 | 1159.95 | 1127.50 | 0.37 times |
| 23 Thu May 2024 | 1139.05 | 1143.00 | 1154.05 | 1132.50 | 0.63 times |
| 22 Wed May 2024 | 1142.45 | 1140.00 | 1168.00 | 1132.10 | 1.519 times |
| 21 Tue May 2024 | 1141.70 | 1145.00 | 1160.00 | 1137.00 | 0.749 times |
| 18 Sat May 2024 | 1143.65 | 1154.95 | 1154.95 | 1131.15 | 0.514 times |
My analysis of stock is bullish for shortterm, and stock might move up till 1150.9 or till 1212.4. Use a stoploss of 1099.58 and if this stock hits its stoploss, then it can fall down till 1048.31
Share price targets for Elecon Eng (EleconEng)
| Target Type | Value |
| Downside Target | 790.10 |
| Downside Target | 903.80 |
| Downside Target | 962.15 |
| Downside Target | 1009.75 |
| Downside Target | 1075.15 |
| Downside Target | 1108.25 |
| Upside Target | 1127.50 |
| Upside Target | 1164.95 |
| Upside Target | 1168.00 |
| Upside Target | 1178.80 |
| Upside Target | 1189.20 |
| Upside Target | 1244.95 |
Intraday share price targets for Elecon Eng (EleconEng)
| Target Type | Value |
| Downside Intraday Target | 1059.53 |
| Downside Intraday Target | 1010.32 |
| Upside Intraday Target | 1173.58 |
| Upside Intraday Target | 1238.42 |
| Upside Intraday Target | 1124.37 |
Weekly technical analysis of Elecon Eng (EleconEng)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 31 Fri May 2024 | 1108.75 | 1122.55 | 1189.20 | 1075.15 | 1.739 times |
| 24 Fri May 2024 | 1145.45 | 1145.00 | 1168.00 | 1127.50 | 0.328 times |
| 18 Sat May 2024 | 1143.65 | 998.00 | 1164.95 | 962.15 | 1.046 times |
| 10 Fri May 2024 | 995.80 | 1109.95 | 1109.95 | 920.45 | 1.343 times |
| 03 Fri May 2024 | 1101.60 | 1122.20 | 1178.80 | 1085.10 | 0.464 times |
Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Elecon Eng (EleconEng)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 31 Fri May 2024 | 1108.75 | 1139.25 | 1189.20 | 920.45 | 0.527 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 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 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 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 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 is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up
CCI has generated a SELL signal for Elecon Eng in short term and SELL 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 1130.28 and Elecon Eng (EleconEng) stock is trading below this level. This means that stock is falling with high volumes. 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 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 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 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 is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up
CCI has generated a SELL signal for Elecon Eng in short term and SELL 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 1130.28 and Elecon Eng (EleconEng) stock is trading below this level. This means that stock is falling with high volumes. 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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