(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 2024-10-16 View latest technical analysis
10 day averaged volume of Elecon Eng is 31133
| Date | Daily Closing Price | Open | High | Low | Volume |
| 16 Wed Oct 2024 | 731.75 | 714.95 | 738.85 | 705.95 | 1.877 times |
| 15 Tue Oct 2024 | 707.50 | 707.80 | 712.60 | 687.75 | 1.396 times |
| 14 Mon Oct 2024 | 696.45 | 697.80 | 710.55 | 687.10 | 0.528 times |
| 11 Fri Oct 2024 | 689.65 | 705.00 | 717.00 | 681.00 | 0.583 times |
| 10 Thu Oct 2024 | 701.60 | 681.00 | 709.00 | 658.70 | 1.607 times |
| 09 Wed Oct 2024 | 655.45 | 639.05 | 659.10 | 633.25 | 0.877 times |
| 08 Tue Oct 2024 | 638.55 | 625.00 | 642.00 | 617.40 | 0.946 times |
| 07 Mon Oct 2024 | 626.40 | 672.60 | 673.45 | 621.00 | 2.162 times |
| 03 Thu Oct 2024 | 689.85 | 685.00 | 708.95 | 673.55 | 0.651 times |
| 01 Tue Oct 2024 | 695.40 | 706.00 | 717.90 | 690.75 | 0.661 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 743.3, for a target of 703.9 or 671.18
Share price targets for Elecon Eng (EleconEng)
| Target Type | Value |
| Downside Target | 562.00 |
| Downside Target | 583.00 |
| Downside Target | 605.20 |
| Downside Target | 631.40 |
| Downside Target | 673.55 |
| Downside Target | 687.10 |
| Downside Target | 710.00 |
| Downside Target | 717.90 |
| Upside Target | 738.85 |
| Upside Target | 957.40 |
| Upside Target | 1367.30 |
| Upside Target | 1414.95 |
Intraday share price targets for Elecon Eng (EleconEng)
| Target Type | Value |
| Downside Intraday Target | 699.62 |
| Downside Intraday Target | 667.48 |
| Upside Intraday Target | 751.37 |
| Upside Intraday Target | 770.98 |
| Downside Intraday Target | 719.23 |
Weekly technical analysis of Elecon Eng (EleconEng)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 16 Wed Oct 2024 | 731.75 | 697.80 | 738.85 | 687.10 | 0.616 times |
| 11 Fri Oct 2024 | 689.65 | 672.60 | 717.00 | 617.40 | 3.248 times |
| 03 Thu Oct 2024 | 689.85 | 699.70 | 717.90 | 673.55 | 0.183 times |
| 27 Fri Sep 2024 | 695.25 | 631.40 | 710.00 | 631.40 | 4.455 times |
| 20 Fri Sep 2024 | 633.65 | 636.65 | 640.00 | 611.45 | 0.96 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 |
| 16 Wed Oct 2024 | 731.75 | 706.00 | 738.85 | 617.40 | 0.613 times |
| 30 Mon Sep 2024 | 700.00 | 629.95 | 710.00 | 605.20 | 1.073 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 |
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 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 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 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 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 BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a BUY signal for Elecon Eng in short term and the buy signal is strong.
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 stronger in this stock.
Ichimoku cloud is of green color and prices are above the green 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 682.17 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 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 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 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 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 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 BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a BUY signal for Elecon Eng in short term and the buy signal is strong.
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 stronger in this stock.
Ichimoku cloud is of green color and prices are above the green 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 682.17 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 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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