(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 2024-09-10 View latest technical analysis
10 day averaged volume of Elecon Eng is 15456
| Date | Daily Closing Price | Open | High | Low | Volume |
| 10 Tue Sep 2024 | 635.20 | 635.00 | 637.45 | 621.30 | 0.365 times |
| 09 Mon Sep 2024 | 621.30 | 616.00 | 626.00 | 605.20 | 0.739 times |
| 06 Fri Sep 2024 | 616.30 | 633.70 | 642.50 | 613.95 | 1.36 times |
| 05 Thu Sep 2024 | 626.20 | 630.00 | 632.05 | 622.00 | 0.598 times |
| 04 Wed Sep 2024 | 619.65 | 615.60 | 636.00 | 614.40 | 1.506 times |
| 03 Tue Sep 2024 | 628.15 | 621.10 | 630.00 | 620.55 | 0.549 times |
| 02 Mon Sep 2024 | 620.20 | 629.95 | 633.10 | 612.70 | 1.412 times |
| 30 Fri Aug 2024 | 620.55 | 612.70 | 622.50 | 612.65 | 0.366 times |
| 29 Thu Aug 2024 | 615.10 | 610.00 | 618.30 | 610.00 | 1.319 times |
| 28 Wed Aug 2024 | 616.05 | 619.00 | 620.95 | 610.45 | 1.243 times |
Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 635.5, for a target of 624 or 614.47
Share price targets for Elecon Eng (EleconEng)
| Target Type | Value |
| Downside Target | 562.00 |
| Downside Target | 583.00 |
| Downside Target | 601.60 |
| Upside Target | 637.45 |
| Upside Target | 641.85 |
| Upside Target | 642.50 |
| Upside Target | 920.45 |
| Upside Target | 957.40 |
| Upside Target | 1189.20 |
| Upside Target | 1367.30 |
| Upside Target | 1414.95 |
Intraday share price targets for Elecon Eng (EleconEng)
| Target Type | Value |
| Downside Intraday Target | 614.45 |
| Downside Intraday Target | 593.7 |
| Upside Intraday Target | 646.7 |
| Upside Intraday Target | 658.2 |
| Downside Intraday Target | 625.95 |
Weekly technical analysis of Elecon Eng (EleconEng)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 10 Tue Sep 2024 | 635.20 | 616.00 | 637.45 | 605.20 | 0.203 times |
| 06 Fri Sep 2024 | 616.30 | 629.95 | 642.50 | 612.70 | 1.257 times |
| 30 Fri Aug 2024 | 620.55 | 615.30 | 622.50 | 607.95 | 1.612 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 |
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 |
| 10 Tue Sep 2024 | 635.20 | 629.95 | 642.50 | 605.20 | 0.189 times |
| 30 Fri Aug 2024 | 620.55 | 629.50 | 641.85 | 562.00 | 0.459 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 |
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 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 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 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 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 BUY. Signal strength is Weak 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up
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 619.81 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 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 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 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 BUY. Signal strength is Weak 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up
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 619.81 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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