(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 2024-07-11 View latest technical analysis
10 day averaged volume of Elecon Eng is 39853
| Date | Daily Closing Price | Open | High | Low | Volume |
| 11 Thu Jul 2024 | 1293.40 | 1287.45 | 1299.80 | 1272.20 | 0.297 times |
| 10 Wed Jul 2024 | 1262.85 | 1293.40 | 1304.95 | 1216.45 | 1.417 times |
| 09 Tue Jul 2024 | 1293.35 | 1310.00 | 1328.95 | 1280.00 | 0.444 times |
| 08 Mon Jul 2024 | 1289.45 | 1414.95 | 1414.95 | 1255.55 | 2.926 times |
| 05 Fri Jul 2024 | 1376.15 | 1358.05 | 1380.00 | 1350.75 | 0.308 times |
| 04 Thu Jul 2024 | 1343.85 | 1340.05 | 1363.15 | 1338.00 | 0.661 times |
| 03 Wed Jul 2024 | 1337.50 | 1368.25 | 1374.60 | 1332.55 | 0.771 times |
| 02 Tue Jul 2024 | 1349.60 | 1331.60 | 1399.65 | 1331.15 | 1.854 times |
| 01 Mon Jul 2024 | 1328.95 | 1300.35 | 1340.05 | 1300.35 | 0.228 times |
| 28 Fri Jun 2024 | 1321.25 | 1310.05 | 1337.00 | 1310.05 | 0.605 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 1292.8 as stoploss in an intra day buy trade for a target of 1317.38. However, stock will show a bearish move below 1292.8.
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 | 1189.20 |
| Downside Target | 1216.45 |
| Downside Target | 1244.95 |
| Downside Target | 1271.00 |
| Upside Target | 1335.00 |
| Upside Target | 1367.30 |
| Upside Target | 1399.65 |
| Upside Target | 1414.95 |
Intraday share price targets for Elecon Eng (EleconEng)
| Target Type | Value |
| Downside Intraday Target | 1201.58 |
| Downside Intraday Target | 1109.77 |
| Upside Intraday Target | 1400.08 |
| Upside Intraday Target | 1506.77 |
| Upside Intraday Target | 1308.27 |
Weekly technical analysis of Elecon Eng (EleconEng)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 11 Thu Jul 2024 | 1293.40 | 1414.95 | 1414.95 | 1216.45 | 1.33 times |
| 05 Fri Jul 2024 | 1376.15 | 1300.35 | 1399.65 | 1300.35 | 1.108 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 |
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 |
| 11 Thu Jul 2024 | 1293.40 | 1300.35 | 1414.95 | 1216.45 | 0.413 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 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 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 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 SELL. Signal strength is Strong and stock is gaining 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 weakening, and bulls are picking up momentum!
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be moving up
CCI has generated a buy signal for Elecon Eng in short term but BUY 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
Stock of Elecon Eng is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 1310.97 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 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 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 SELL. Signal strength is Strong and stock is gaining 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 weakening, and bulls are picking up momentum!
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be moving up
CCI has generated a buy signal for Elecon Eng in short term but BUY 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
Stock of Elecon Eng is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 1310.97 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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