(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 2025-01-20 View latest technical analysis
10 day averaged volume of Elecon Eng is 22454
| Date | Daily Closing Price | Open | High | Low | Volume |
| 20 Mon Jan 2025 | 604.90 | 590.00 | 612.00 | 589.00 | 0.716 times |
| 17 Fri Jan 2025 | 590.45 | 597.90 | 598.00 | 589.25 | 0.305 times |
| 16 Thu Jan 2025 | 597.90 | 617.95 | 617.95 | 592.50 | 1.092 times |
| 15 Wed Jan 2025 | 616.50 | 577.55 | 637.20 | 562.45 | 1.971 times |
| 14 Tue Jan 2025 | 567.55 | 551.70 | 571.25 | 534.00 | 1.479 times |
| 13 Mon Jan 2025 | 551.70 | 582.25 | 588.45 | 549.00 | 0.744 times |
| 10 Fri Jan 2025 | 594.40 | 615.00 | 615.00 | 584.30 | 0.617 times |
| 09 Thu Jan 2025 | 605.15 | 606.15 | 612.00 | 600.80 | 1.036 times |
| 08 Wed Jan 2025 | 606.25 | 617.00 | 624.20 | 594.90 | 1.26 times |
| 07 Tue Jan 2025 | 612.05 | 609.35 | 613.20 | 603.35 | 0.38 times |
My analysis of stock is bearish for shortterm, and stock might move down till 588 or till 559.7. Use a stoploss of 611.53 and if the stock hits stoploss, then it can shoot up till 635.08
Share price targets for Elecon Eng (EleconEng)
| Target Type | Value |
| Downside Target | 528.85 |
| Downside Target | 577.80 |
| Upside Target | 605.20 |
| Upside Target | 637.20 |
| Upside Target | 639.95 |
| Upside Target | 643.70 |
| Upside Target | 648.70 |
| Upside Target | 651.00 |
| Upside Target | 672.40 |
| Upside Target | 710.00 |
| Upside Target | 738.85 |
Intraday share price targets for Elecon Eng (EleconEng)
| Target Type | Value |
| Downside Intraday Target | 591.93 |
| Downside Intraday Target | 578.97 |
| Upside Intraday Target | 614.93 |
| Upside Intraday Target | 624.97 |
| Downside Intraday Target | 601.97 |
Weekly technical analysis of Elecon Eng (EleconEng)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 20 Mon Jan 2025 | 604.90 | 590.00 | 612.00 | 589.00 | 0.128 times |
| 17 Fri Jan 2025 | 590.45 | 582.25 | 637.20 | 534.00 | 1.268 times |
| 10 Fri Jan 2025 | 594.40 | 639.95 | 639.95 | 584.30 | 0.994 times |
| 03 Fri Jan 2025 | 634.15 | 644.55 | 651.00 | 617.45 | 0.767 times |
| 27 Fri Dec 2024 | 642.05 | 601.35 | 648.70 | 592.95 | 1.2 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 |
| 20 Mon Jan 2025 | 604.90 | 633.50 | 643.70 | 534.00 | 0.325 times |
| 31 Tue Dec 2024 | 634.75 | 586.05 | 672.40 | 577.80 | 1.813 times |
| 29 Fri Nov 2024 | 585.65 | 586.20 | 613.15 | 530.55 | 0.493 times |
| 31 Thu Oct 2024 | 574.70 | 706.00 | 738.85 | 528.85 | 1.679 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 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 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 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 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 Weak and stock is gaining 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. 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 moving up
CCI has generated a buy signal for Elecon Eng in short term and BUY signal is strong.
RSI is generating a BUY signal in short term and the buying is gaining 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 595.96 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 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 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 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 Weak and stock is gaining 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. 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 moving up
CCI has generated a buy signal for Elecon Eng in short term and BUY signal is strong.
RSI is generating a BUY signal in short term and the buying is gaining 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 595.96 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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