(EimcoElecon) Eimco Elecon complete technical analysis [charts+indicators] | Buy/Sell Eimco Elecon | (EimcoElecon) share price targets
Complete technical analysis of Eimco Elecon (EimcoElecon) by charts plus indicators, forecast predictions and share price targets for Eimco Elecon (EimcoElecon)
Showing technical analysis as on 2024-08-21 View latest technical analysis
10 day averaged volume of Eimco Elecon is 1249
| Date | Daily Closing Price | Open | High | Low | Volume |
| 21 Wed Aug 2024 | 2701.10 | 2739.00 | 2740.00 | 2603.00 | 2.972 times |
| 20 Tue Aug 2024 | 2739.90 | 2948.95 | 2948.95 | 2732.70 | 1.407 times |
| 19 Mon Aug 2024 | 2876.50 | 2750.00 | 2878.15 | 2700.00 | 2.291 times |
| 16 Fri Aug 2024 | 2741.10 | 2750.10 | 2840.00 | 2666.00 | 1.062 times |
| 14 Wed Aug 2024 | 2796.45 | 3035.00 | 3035.00 | 2795.80 | 0.756 times |
| 13 Tue Aug 2024 | 2942.90 | 3050.00 | 3050.00 | 2918.50 | 1.402 times |
| 12 Mon Aug 2024 | 3070.00 | 2992.95 | 3070.00 | 2945.05 | 0.351 times |
| 09 Fri Aug 2024 | 2993.80 | 3050.00 | 3141.50 | 2910.05 | 0.65 times |
| 08 Thu Aug 2024 | 3059.65 | 3049.65 | 3060.00 | 2950.00 | 0.787 times |
| 07 Wed Aug 2024 | 3027.25 | 2925.00 | 3049.75 | 2860.00 | 0.689 times |
Stock of Eimco Elecon (EimcoElecon) has showed a significant fall. This could be a good time to exit from this stock.
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 2837.9, but if it comes above 2837.9, then a intra day buy could be more profitable.
If you take a sell trade below 2837.9, then use 2837.9 as stoploss and 2609.4 as target. However if you take a buy trade in stock , then use 2837.9 as stoploss and 3028.27 as target.
Share price targets for Eimco Elecon (EimcoElecon)
| Target Type | Value |
| Downside Target | 1538.60 |
| Downside Target | 1800.05 |
| Downside Target | 1855.00 |
| Downside Target | 2298.10 |
| Downside Target | 2414.00 |
| Downside Target | 2603.00 |
| Downside Target | 2662.20 |
| Upside Target | 2860.00 |
| Upside Target | 3040.00 |
| Upside Target | 3141.50 |
| Upside Target | 3251.00 |
| Upside Target | 3340.00 |
| Upside Target | 3465.00 |
Intraday share price targets for Eimco Elecon (EimcoElecon)
| Target Type | Value |
| Downside Intraday Target | 2553.08 |
| Downside Intraday Target | 2405.07 |
| Upside Intraday Target | 2899.03 |
| Upside Intraday Target | 3096.97 |
| Upside Intraday Target | 2751.02 |
Weekly technical analysis of Eimco Elecon (EimcoElecon)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 21 Wed Aug 2024 | 2701.10 | 2750.00 | 2948.95 | 2603.00 | 1.868 times |
| 16 Fri Aug 2024 | 2741.10 | 2992.95 | 3070.00 | 2666.00 | 0.732 times |
| 09 Fri Aug 2024 | 2993.80 | 2987.00 | 3141.50 | 2860.00 | 1.521 times |
| 02 Fri Aug 2024 | 3067.85 | 3398.80 | 3465.00 | 3040.00 | 0.291 times |
| 26 Fri Jul 2024 | 3325.00 | 3042.35 | 3340.00 | 2915.05 | 1.274 times |
Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Eimco Elecon (EimcoElecon)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 21 Wed Aug 2024 | 2701.10 | 3251.00 | 3251.00 | 2603.00 | 0.467 times |
| 31 Wed Jul 2024 | 3251.00 | 2419.85 | 3465.00 | 2339.00 | 1.263 times |
| 28 Fri Jun 2024 | 2383.50 | 1800.05 | 2662.20 | 1800.05 | 1.308 times |
| 31 Fri May 2024 | 1887.55 | 2199.95 | 2298.10 | 1855.00 | 0.498 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 Eimco Elecon (EimcoElecon)
Price action analysis of Eimco Elecon ( (EimcoElecon) ) 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 Eimco Elecon ( (EimcoElecon) ) 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 Eimco Elecon ( (EimcoElecon) ) 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 Eimco Elecon ( (EimcoElecon) ) 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 Eimco Elecon stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Eimco Elecon in short term but the sell signal is initial and weak.
Eimco Elecon Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Eimco Elecon 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
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Eimco Elecon is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 2841.54 and Eimco Elecon (EimcoElecon) 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 Eimco Elecon (EimcoElecon) stock. Volume based technical analysis of Eimco Elecon (EimcoElecon) stock is negative.
Eimco Elecon Stock has given negative returns over a short term period. Returns for a longer term period have been positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
Price action analysis of Eimco Elecon ( (EimcoElecon) ) 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 Eimco Elecon ( (EimcoElecon) ) 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 Eimco Elecon ( (EimcoElecon) ) 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 Eimco Elecon ( (EimcoElecon) ) 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 Eimco Elecon stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Eimco Elecon in short term but the sell signal is initial and weak.
Eimco Elecon Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Eimco Elecon 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
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Eimco Elecon is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 2841.54 and Eimco Elecon (EimcoElecon) 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 Eimco Elecon (EimcoElecon) stock. Volume based technical analysis of Eimco Elecon (EimcoElecon) stock is negative.
Eimco Elecon Stock has given negative returns over a short term period. Returns for a longer term period have been positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
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