(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)
10 day averaged volume of Elecon Eng is 28068
| Date | Daily Closing Price | Open | High | Low | Volume |
| 19 Tue Nov 2024 | 571.45 | 559.00 | 582.35 | 544.65 | 1.083 times |
| 18 Mon Nov 2024 | 547.80 | 558.45 | 558.45 | 537.20 | 0.435 times |
| 14 Thu Nov 2024 | 558.05 | 556.35 | 560.30 | 530.55 | 0.971 times |
| 13 Wed Nov 2024 | 545.40 | 555.35 | 562.00 | 535.45 | 1.532 times |
| 12 Tue Nov 2024 | 557.60 | 574.20 | 575.40 | 553.00 | 0.895 times |
| 11 Mon Nov 2024 | 574.20 | 566.05 | 576.15 | 555.10 | 0.738 times |
| 08 Fri Nov 2024 | 571.45 | 594.05 | 594.05 | 567.40 | 0.966 times |
| 07 Thu Nov 2024 | 594.05 | 613.00 | 613.00 | 586.00 | 1.345 times |
| 06 Wed Nov 2024 | 610.80 | 588.50 | 613.15 | 579.70 | 0.876 times |
| 05 Tue Nov 2024 | 579.70 | 584.90 | 589.15 | 575.65 | 0.25 times |
My analysis of stock is bullish for shortterm, and stock might move up till 590 or till 612.5. Use a stoploss of 571.25 and if this stock hits its stoploss, then it can fall down till 552.51
Share price targets for Elecon Eng (EleconEng)
| Target Type | Value |
| Downside Target | 528.85 |
| Downside Target | 562.00 |
| Upside Target | 587.00 |
| Upside Target | 605.20 |
| Upside Target | 613.15 |
| Upside Target | 636.80 |
| Upside Target | 641.85 |
| Upside Target | 710.00 |
| Upside Target | 738.85 |
| Upside Target | 1414.95 |
Intraday share price targets for Elecon Eng (EleconEng)
| Target Type | Value |
| Downside Intraday Target | 544.98 |
| Downside Intraday Target | 518.52 |
| Upside Intraday Target | 590.13 |
| Upside Intraday Target | 608.82 |
| Downside Intraday Target | 563.67 |
Weekly technical analysis of Elecon Eng (EleconEng)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 19 Tue Nov 2024 | 571.45 | 558.45 | 582.35 | 537.20 | 0.367 times |
| 14 Thu Nov 2024 | 558.05 | 566.05 | 576.15 | 530.55 | 0.762 times |
| 08 Fri Nov 2024 | 571.45 | 582.20 | 613.15 | 567.40 | 0.94 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 |
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 |
| 19 Tue Nov 2024 | 571.45 | 586.20 | 613.15 | 530.55 | 0.336 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 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 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 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 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 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 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 weakening, and bulls 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 but BUY signal is weak.
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 570.72 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 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 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 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 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 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 weakening, and bulls 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 but BUY signal is weak.
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 570.72 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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