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(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 2025-03-17 View latest technical analysis

10 day averaged volume of Elecon Eng is 33746

Date	Daily Closing Price	Open	High	Low	Volume
17 Mon Mar 2025	390.25	392.90	398.00	387.60	1.449 times
13 Thu Mar 2025	391.15	409.40	409.40	389.30	1.089 times
12 Wed Mar 2025	401.95	405.65	408.30	396.90	0.935 times
11 Tue Mar 2025	400.50	410.00	412.00	396.60	0.582 times
10 Mon Mar 2025	415.35	452.45	452.45	413.55	0.581 times
07 Fri Mar 2025	437.50	443.90	445.00	423.25	1.533 times
06 Thu Mar 2025	424.25	431.95	431.95	422.00	1.119 times
05 Wed Mar 2025	419.80	394.95	422.00	393.05	1.425 times
04 Tue Mar 2025	392.40	396.00	398.60	378.35	0.927 times
03 Mon Mar 2025	387.90	424.45	424.45	386.30	0.643 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 400.3, but if it comes above 400.3, then a intra day buy could be more profitable.
If you take a sell trade below 400.3, then use 400.3 as stoploss and 365 as target. However if you take a buy trade in stock , then use 400.3 as stoploss and 429.78 as target.

Share price targets for Elecon Eng (EleconEng)

Target Type	Value
Downside Target	378.35
Downside Target	387.60
Upside Target	398.00
Upside Target	408.40
Upside Target	430.45
Upside Target	445.00
Upside Target	491.60
Upside Target	529.95
Upside Target	530.55
Upside Target	577.80
Upside Target	613.15
Upside Target	643.70
Upside Target	672.40

Intraday share price targets for Elecon Eng (EleconEng)

Target Type	Value
Downside Intraday Target	385.9
Downside Intraday Target	381.55
Upside Intraday Target	396.3
Upside Intraday Target	402.35
Upside Intraday Target	391.95

Weekly technical analysis of Elecon Eng (EleconEng)

Date	Weekly Closing Price	Open	High	Low	Volume
17 Mon Mar 2025	390.25	392.90	398.00	387.60	0.455 times
13 Thu Mar 2025	391.15	452.45	452.45	389.30	0.564 times
07 Fri Mar 2025	437.50	424.45	445.00	378.35	2.266 times
28 Fri Feb 2025	412.45	491.60	491.60	408.40	0.618 times
21 Fri Feb 2025	475.30	470.00	499.40	430.45	0.532 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
17 Mon Mar 2025	390.25	424.45	452.45	378.35	0.56 times
28 Fri Feb 2025	412.45	529.95	529.95	408.40	1.109 times
31 Fri Jan 2025	531.80	633.50	643.70	503.00	0.649 times
31 Tue Dec 2024	634.75	586.05	672.40	577.80	1.813 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 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 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 Strong and stock is gaining momentum.

MACD generated a SELL signal for Elecon Eng in short term and the sell signal is strong.

Elecon Eng Stock is trading near its recent LOWS in short term which reflects strong selling momentum. 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 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 408.29 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 negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.