(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 2024-08-12 View latest technical analysis
10 day averaged volume of Elecon Eng is 40650
| Date | Daily Closing Price | Open | High | Low | Volume |
| 12 Mon Aug 2024 | 595.65 | 578.60 | 597.50 | 565.25 | 1.151 times |
| 09 Fri Aug 2024 | 582.25 | 600.45 | 600.45 | 581.00 | 0.236 times |
| 08 Thu Aug 2024 | 588.65 | 594.50 | 596.35 | 583.30 | 0.24 times |
| 07 Wed Aug 2024 | 593.45 | 570.05 | 601.25 | 564.65 | 0.892 times |
| 06 Tue Aug 2024 | 564.95 | 584.60 | 593.65 | 562.00 | 1.308 times |
| 05 Mon Aug 2024 | 572.35 | 565.20 | 598.25 | 565.20 | 3.141 times |
| 02 Fri Aug 2024 | 610.05 | 630.00 | 641.85 | 601.80 | 1.416 times |
| 01 Thu Aug 2024 | 637.00 | 629.50 | 638.80 | 626.85 | 0.47 times |
| 31 Wed Jul 2024 | 629.65 | 630.80 | 640.00 | 617.80 | 0.525 times |
| 30 Tue Jul 2024 | 632.30 | 642.95 | 652.45 | 622.00 | 0.566 times |
My analysis of stock is bearish for shortterm, and stock might move down till 467.2 or till 169.8. Use a stoploss of 715.1 and if the stock hits stoploss, then it can shoot up till 962.96
Share price targets for Elecon Eng (EleconEng)
| Target Type | Value |
| Downside Target | 562.00 |
| Downside Target | 583.00 |
| Upside Target | 597.50 |
| Upside Target | 634.45 |
| Upside Target | 904.05 |
| Upside Target | 920.45 |
| Upside Target | 957.40 |
| Upside Target | 1189.20 |
| Upside Target | 1244.95 |
| Upside Target | 1339.85 |
| Upside Target | 1367.30 |
| Upside Target | 1414.95 |
Intraday share price targets for Elecon Eng (EleconEng)
| Target Type | Value |
| Downside Intraday Target | 574.77 |
| Downside Intraday Target | 553.88 |
| Upside Intraday Target | 607.02 |
| Upside Intraday Target | 618.38 |
| Downside Intraday Target | 586.13 |
Weekly technical analysis of Elecon Eng (EleconEng)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 12 Mon Aug 2024 | 595.65 | 578.60 | 597.50 | 565.25 | 0.198 times |
| 09 Fri Aug 2024 | 582.25 | 565.20 | 601.25 | 562.00 | 1.391 times |
| 02 Fri Aug 2024 | 610.05 | 630.00 | 652.45 | 601.80 | 0.675 times |
| 26 Fri Jul 2024 | 627.30 | 620.05 | 642.00 | 583.00 | 0.58 times |
| 19 Fri Jul 2024 | 642.00 | 1291.45 | 1339.85 | 634.45 | 1.876 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 |
| 12 Mon Aug 2024 | 595.65 | 629.50 | 641.85 | 562.00 | 0.31 times |
| 31 Wed Jul 2024 | 629.65 | 1300.35 | 1414.95 | 583.00 | 1.353 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 |
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 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 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this 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 BUY signal for Elecon Eng in short term but the buy signal is initial and weak.
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 LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red 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 SELL signal in short term and selling is picking up 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 591.46 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 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 negative.
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 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 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this 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 BUY signal for Elecon Eng in short term but the buy signal is initial and weak.
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 LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red 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 SELL signal in short term and selling is picking up 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 591.46 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 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
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