(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 2024-06-21 View latest technical analysis
10 day averaged volume of Elecon Eng is 60866
| Date | Daily Closing Price | Open | High | Low | Volume |
| 21 Fri Jun 2024 | 1309.35 | 1301.95 | 1322.00 | 1293.10 | 0.081 times |
| 20 Thu Jun 2024 | 1301.95 | 1302.00 | 1335.00 | 1287.80 | 0.416 times |
| 19 Wed Jun 2024 | 1303.20 | 1309.85 | 1316.55 | 1271.00 | 0.132 times |
| 18 Tue Jun 2024 | 1300.30 | 1334.00 | 1334.60 | 1290.25 | 0.435 times |
| 14 Fri Jun 2024 | 1317.35 | 1349.90 | 1349.90 | 1277.00 | 0.885 times |
| 13 Thu Jun 2024 | 1317.35 | 1349.90 | 1349.90 | 1277.00 | 0.885 times |
| 12 Wed Jun 2024 | 1336.80 | 1180.15 | 1354.40 | 1180.15 | 5.795 times |
| 11 Tue Jun 2024 | 1178.00 | 1164.45 | 1185.00 | 1156.95 | 0.608 times |
| 10 Mon Jun 2024 | 1155.95 | 1121.85 | 1162.80 | 1105.25 | 0.198 times |
| 07 Fri Jun 2024 | 1103.10 | 1063.15 | 1118.00 | 1052.60 | 0.22 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 1286.3, but if it comes below 1286.3, then a intra day sell could be more profitable.
If you take a sell trade below 1286.3, then use 1286.3 as stoploss and 1180.79 as target. However if you take a buy trade in stock , then use 1286.3 as stoploss and 1413 as target.
Share price targets for Elecon Eng (EleconEng)
| Target Type | Value |
| Downside Target | 790.10 |
| Downside Target | 904.05 |
| Downside Target | 957.40 |
| Downside Target | 1009.75 |
| Downside Target | 1075.15 |
| Downside Target | 1105.25 |
| Downside Target | 1168.00 |
| Downside Target | 1189.20 |
| Downside Target | 1244.95 |
| Downside Target | 1271.00 |
| Upside Target | 1335.00 |
| Upside Target | 1354.40 |
Intraday share price targets for Elecon Eng (EleconEng)
| Target Type | Value |
| Downside Intraday Target | 1275.23 |
| Downside Intraday Target | 1241.12 |
| Upside Intraday Target | 1339.23 |
| Upside Intraday Target | 1369.12 |
| Downside Intraday Target | 1305.12 |
Weekly technical analysis of Elecon Eng (EleconEng)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 21 Fri Jun 2024 | 1309.35 | 1334.00 | 1335.00 | 1271.00 | 0.127 times |
| 14 Fri Jun 2024 | 1317.35 | 1121.85 | 1354.40 | 1105.25 | 3.458 times |
| 07 Fri Jun 2024 | 1103.10 | 1166.05 | 1173.10 | 957.40 | 1.815 times |
| 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 |
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 |
| 21 Fri Jun 2024 | 1309.35 | 1166.05 | 1354.40 | 957.40 | 1.692 times |
| 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 |
Scroll below to view daily charts
Price has moved up this month, and volume has increased substantially. This means that the move can 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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 losing 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 moving up
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 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 1310.37 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 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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 losing 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 moving up
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 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 1310.37 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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