(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 2024-07-03 View latest technical analysis
10 day averaged volume of Elecon Eng is 25866
| Date | Daily Closing Price | Open | High | Low | Volume |
| 03 Wed Jul 2024 | 1337.50 | 1368.25 | 1374.60 | 1332.55 | 1.187 times |
| 02 Tue Jul 2024 | 1349.60 | 1331.60 | 1399.65 | 1331.15 | 2.856 times |
| 01 Mon Jul 2024 | 1328.95 | 1300.35 | 1340.05 | 1300.35 | 0.352 times |
| 28 Fri Jun 2024 | 1321.25 | 1310.05 | 1337.00 | 1310.05 | 0.931 times |
| 27 Thu Jun 2024 | 1324.55 | 1335.00 | 1339.70 | 1310.05 | 1.212 times |
| 26 Wed Jun 2024 | 1333.55 | 1343.50 | 1348.50 | 1324.05 | 1.191 times |
| 25 Tue Jun 2024 | 1334.30 | 1337.95 | 1367.30 | 1322.15 | 1.788 times |
| 24 Mon Jun 2024 | 1309.35 | 1301.95 | 1322.00 | 1293.10 | 0.191 times |
| 21 Fri Jun 2024 | 1309.35 | 1301.95 | 1322.00 | 1293.10 | 0.191 times |
| 20 Thu Jun 2024 | 1301.95 | 1302.00 | 1335.00 | 1287.80 | 0.978 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 1368.8 as stoploss in an intra day sell trade for a target of 1265.66. However, stock will show a bullish move above 1368.8.
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 | 1105.25 |
| Downside Target | 1173.10 |
| Downside Target | 1244.95 |
| Downside Target | 1271.00 |
| Downside Target | 1335.00 |
| Upside Target | 1354.40 |
| Upside Target | 1367.30 |
| Upside Target | 1399.65 |
Intraday share price targets for Elecon Eng (EleconEng)
| Target Type | Value |
| Downside Intraday Target | 1292.02 |
| Downside Intraday Target | 1246.53 |
| Upside Intraday Target | 1391.32 |
| Upside Intraday Target | 1445.13 |
| Upside Intraday Target | 1345.83 |
Weekly technical analysis of Elecon Eng (EleconEng)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 03 Wed Jul 2024 | 1337.50 | 1300.35 | 1399.65 | 1300.35 | 0.827 times |
| 28 Fri Jun 2024 | 1321.25 | 1301.95 | 1367.30 | 1293.10 | 2.125 times |
| 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 |
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 |
| 03 Wed Jul 2024 | 1337.50 | 1300.35 | 1399.65 | 1300.35 | 0.132 times |
| 28 Fri Jun 2024 | 1321.25 | 1166.05 | 1367.30 | 957.40 | 2.014 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 |
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 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 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 losing momentum.
MACD generated a SELL signal for Elecon Eng in short term but the sell signal is initial and weak.
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 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 and the buying is gaining 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 1332.42 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.
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 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 losing momentum.
MACD generated a SELL signal for Elecon Eng in short term but the sell signal is initial and weak.
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 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 and the buying is gaining 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 1332.42 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.
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