(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 2024-08-26 View latest technical analysis
10 day averaged volume of Elecon Eng is 16384
| Date | Daily Closing Price | Open | High | Low | Volume |
| 26 Mon Aug 2024 | 609.80 | 615.30 | 616.85 | 608.00 | 0.451 times |
| 23 Fri Aug 2024 | 610.35 | 607.80 | 614.80 | 605.95 | 0.534 times |
| 22 Thu Aug 2024 | 606.75 | 620.15 | 620.15 | 601.60 | 0.363 times |
| 21 Wed Aug 2024 | 612.40 | 610.00 | 615.00 | 604.55 | 0.548 times |
| 20 Tue Aug 2024 | 609.70 | 615.00 | 617.25 | 606.20 | 0.622 times |
| 19 Mon Aug 2024 | 605.15 | 610.35 | 610.35 | 604.40 | 0.459 times |
| 16 Fri Aug 2024 | 605.40 | 606.95 | 611.20 | 594.15 | 0.784 times |
| 14 Wed Aug 2024 | 595.25 | 597.00 | 602.10 | 583.05 | 1.363 times |
| 13 Tue Aug 2024 | 598.75 | 596.00 | 613.15 | 594.90 | 1.887 times |
| 12 Mon Aug 2024 | 595.65 | 578.60 | 597.50 | 565.25 | 2.856 times |
My analysis of stock is bullish for shortterm, and stock might move up till 624.4 or till 647.7. Use a stoploss of 604.97 and if this stock hits its stoploss, then it can fall down till 585.56
Share price targets for Elecon Eng (EleconEng)
| Target Type | Value |
| Downside Target | 562.00 |
| Downside Target | 583.00 |
| Downside Target | 601.25 |
| Upside Target | 641.85 |
| Upside Target | 652.45 |
| Upside Target | 904.05 |
| Upside Target | 920.45 |
| Upside Target | 957.40 |
| Upside Target | 1189.20 |
| Upside Target | 1244.95 |
| Upside Target | 1367.30 |
| Upside Target | 1414.95 |
Intraday share price targets for Elecon Eng (EleconEng)
| Target Type | Value |
| Downside Intraday Target | 606.25 |
| Downside Intraday Target | 602.7 |
| Upside Intraday Target | 615.1 |
| Upside Intraday Target | 620.4 |
| Upside Intraday Target | 611.55 |
Weekly technical analysis of Elecon Eng (EleconEng)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 26 Mon Aug 2024 | 609.80 | 615.30 | 616.85 | 608.00 | 0.179 times |
| 23 Fri Aug 2024 | 610.35 | 610.35 | 620.15 | 601.60 | 0.367 times |
| 16 Fri Aug 2024 | 605.40 | 578.60 | 613.15 | 565.25 | 0.477 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 |
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 |
| 26 Mon Aug 2024 | 609.80 | 629.50 | 641.85 | 562.00 | 0.408 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 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 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 losing 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 HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down
CCI has generated a buy signal for Elecon Eng in short term and BUY signal is strong.
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in positive zone. This is a BUY 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 601.07 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 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 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 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 losing 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 HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down
CCI has generated a buy signal for Elecon Eng in short term and BUY signal is strong.
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in positive zone. This is a BUY 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 601.07 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 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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