(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 23027
| Date | Daily Closing Price | Open | High | Low | Volume |
| 17 Fri Jan 2025 | 590.45 | 597.90 | 598.00 | 589.25 | 0.298 times |
| 16 Thu Jan 2025 | 597.90 | 617.95 | 617.95 | 592.50 | 1.064 times |
| 15 Wed Jan 2025 | 616.50 | 577.55 | 637.20 | 562.45 | 1.922 times |
| 14 Tue Jan 2025 | 567.55 | 551.70 | 571.25 | 534.00 | 1.442 times |
| 13 Mon Jan 2025 | 551.70 | 582.25 | 588.45 | 549.00 | 0.725 times |
| 10 Fri Jan 2025 | 594.40 | 615.00 | 615.00 | 584.30 | 0.601 times |
| 09 Thu Jan 2025 | 605.15 | 606.15 | 612.00 | 600.80 | 1.01 times |
| 08 Wed Jan 2025 | 606.25 | 617.00 | 624.20 | 594.90 | 1.228 times |
| 07 Tue Jan 2025 | 612.05 | 609.35 | 613.20 | 603.35 | 0.37 times |
| 06 Mon Jan 2025 | 605.25 | 639.95 | 639.95 | 600.05 | 1.09 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 587.8 as stoploss in an intra day buy trade for a target of 611.36. However, stock will show a bearish move below 587.8.
Share price targets for Elecon Eng (EleconEng)
| Target Type | Value |
| Downside Target | 528.85 |
| Downside Target | 577.80 |
| Upside Target | 637.20 |
| Upside Target | 639.95 |
| Upside Target | 643.70 |
| Upside Target | 648.70 |
| Upside Target | 651.00 |
| Upside Target | 657.95 |
| 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 | 537.23 |
| Downside Intraday Target | 484.02 |
| Upside Intraday Target | 640.43 |
| Upside Intraday Target | 690.42 |
| Downside Intraday Target | 587.22 |
Weekly technical analysis of Elecon Eng (EleconEng)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 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 |
| 20 Fri Dec 2024 | 601.45 | 644.75 | 657.95 | 597.50 | 0.408 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 Fri Jan 2025 | 590.45 | 633.50 | 643.70 | 534.00 | 0.307 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 neutral. A longer time frame might give a better analysis.
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 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 losing momentum.
MACD generated a SELL signal for Elecon Eng in short term and the sell signal is strong.
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 stronger in this stock.
Ichimoku cloud is of red color and prices are in or above 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 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 596.36 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.
Price action analysis of Elecon Eng ( (EleconEng) ) based on a short term time period is neutral. A longer time frame might give a better analysis.
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 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 losing momentum.
MACD generated a SELL signal for Elecon Eng in short term and the sell signal is strong.
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 stronger in this stock.
Ichimoku cloud is of red color and prices are in or above 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 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 596.36 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.
Click here for Elecon Eng charts
Click here for further forecast and predictions for tomorrow