(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 2024-11-04 View latest technical analysis
10 day averaged volume of Elecon Eng is 44410
| Date | Daily Closing Price | Open | High | Low | Volume |
| 04 Mon Nov 2024 | 584.90 | 582.20 | 595.45 | 575.20 | 1.258 times |
| 01 Fri Nov 2024 | 582.20 | 586.20 | 587.00 | 576.65 | 0.273 times |
| 31 Thu Oct 2024 | 574.70 | 555.00 | 579.00 | 547.00 | 0.894 times |
| 30 Wed Oct 2024 | 551.40 | 545.00 | 556.35 | 536.00 | 0.398 times |
| 29 Tue Oct 2024 | 548.65 | 559.45 | 563.85 | 539.20 | 0.678 times |
| 28 Mon Oct 2024 | 562.60 | 553.95 | 568.00 | 531.35 | 1.407 times |
| 25 Fri Oct 2024 | 541.75 | 582.00 | 584.40 | 528.85 | 2.041 times |
| 24 Thu Oct 2024 | 581.95 | 603.45 | 603.45 | 574.70 | 0.432 times |
| 23 Wed Oct 2024 | 597.50 | 587.50 | 606.25 | 587.50 | 0.463 times |
| 22 Tue Oct 2024 | 588.80 | 596.20 | 600.95 | 571.65 | 2.078 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 562.1 as stoploss in an intra day buy trade for a target of 623.96. However, stock will show a bearish move below 562.1.
Share price targets for Elecon Eng (EleconEng)
| Target Type | Value |
| Downside Target | 528.85 |
| Downside Target | 562.00 |
| Downside Target | 575.20 |
| Upside Target | 617.40 |
| Upside Target | 620.90 |
| Upside Target | 636.80 |
| Upside Target | 641.85 |
| Upside Target | 710.00 |
| Upside Target | 717.00 |
| Upside Target | 738.85 |
| Upside Target | 1414.95 |
Intraday share price targets for Elecon Eng (EleconEng)
| Target Type | Value |
| Downside Intraday Target | 574.92 |
| Downside Intraday Target | 564.93 |
| Upside Intraday Target | 595.17 |
| Upside Intraday Target | 605.43 |
| Upside Intraday Target | 585.18 |
Weekly technical analysis of Elecon Eng (EleconEng)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 04 Mon Nov 2024 | 584.90 | 582.20 | 595.45 | 575.20 | 0.345 times |
| 01 Fri Nov 2024 | 582.20 | 553.95 | 587.00 | 531.35 | 0.575 times |
| 25 Fri Oct 2024 | 541.75 | 627.05 | 636.80 | 528.85 | 0.948 times |
| 18 Fri Oct 2024 | 626.25 | 697.80 | 738.85 | 620.90 | 1.546 times |
| 11 Fri Oct 2024 | 689.65 | 672.60 | 717.00 | 617.40 | 3.248 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 |
| 04 Mon Nov 2024 | 584.90 | 586.20 | 595.45 | 575.20 | 0.071 times |
| 31 Thu Oct 2024 | 574.70 | 706.00 | 738.85 | 528.85 | 1.679 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 |
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 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 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 Weak and stock is losing momentum.
MACD generated a SELL signal for Elecon Eng in short term and the sell signal is strong.
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 below 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 and selling is picking up momentum.
MRSI is in negative zone. This is the SELL 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 569.32 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 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 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 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 Weak and stock is losing momentum.
MACD generated a SELL signal for Elecon Eng in short term and the sell signal is strong.
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 below 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 and selling is picking up momentum.
MRSI is in negative zone. This is the SELL 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 569.32 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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