(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 2024-09-19 View latest technical analysis
10 day averaged volume of Elecon Eng is 14725
| Date | Daily Closing Price | Open | High | Low | Volume |
| 19 Thu Sep 2024 | 621.35 | 630.00 | 633.20 | 611.45 | 0.795 times |
| 18 Wed Sep 2024 | 630.35 | 626.45 | 640.00 | 625.20 | 0.56 times |
| 17 Tue Sep 2024 | 625.95 | 621.05 | 628.90 | 615.65 | 1.578 times |
| 16 Mon Sep 2024 | 622.80 | 636.65 | 639.05 | 621.00 | 0.676 times |
| 13 Fri Sep 2024 | 636.55 | 621.75 | 645.00 | 619.85 | 1.012 times |
| 12 Thu Sep 2024 | 621.75 | 612.35 | 626.70 | 612.35 | 0.48 times |
| 11 Wed Sep 2024 | 616.40 | 635.30 | 650.00 | 613.85 | 2.48 times |
| 10 Tue Sep 2024 | 635.20 | 635.00 | 637.45 | 621.30 | 0.383 times |
| 09 Mon Sep 2024 | 621.30 | 616.00 | 626.00 | 605.20 | 0.775 times |
| 06 Fri Sep 2024 | 616.30 | 633.70 | 642.50 | 613.95 | 1.427 times |
My analysis of stock is bearish for shortterm, and stock might move down till 614.5 or till 606.1. Use a stoploss of 621.55 and if the stock hits stoploss, then it can shoot up till 628.59
Share price targets for Elecon Eng (EleconEng)
| Target Type | Value |
| Downside Target | 562.00 |
| Downside Target | 583.00 |
| Downside Target | 601.60 |
| Upside Target | 640.00 |
| Upside Target | 642.50 |
| Upside Target | 650.00 |
| 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 | 608.53 |
| Downside Intraday Target | 595.72 |
| Upside Intraday Target | 637.08 |
| Upside Intraday Target | 652.82 |
| Upside Intraday Target | 624.27 |
Weekly technical analysis of Elecon Eng (EleconEng)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 19 Thu Sep 2024 | 621.35 | 636.65 | 640.00 | 611.45 | 0.703 times |
| 13 Fri Sep 2024 | 636.55 | 616.00 | 650.00 | 605.20 | 0.901 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 |
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 |
| 19 Thu Sep 2024 | 621.35 | 629.95 | 650.00 | 605.20 | 0.398 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 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 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 to mid 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 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 getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
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 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 622.79 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 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 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 to mid 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 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 getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
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 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 622.79 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.
Click here for Elecon Eng charts
Click here for further forecast and predictions for tomorrow