(EleconEng) Elecon Eng Weekly charts technical analysis
(EleconEng) Elecon Eng Weekly charts technical analysis Weekly analysis of Elecon Eng | Buy/Sell Elecon Eng
10 day averaged volume of Elecon Eng is 104078
| Date | Closing Price | Open | High | Low | Volume |
| 23 Mon May 2022 | 198.00 | 206.25 | 212.00 | 195.90 | 0.113 Mn |
| 20 Fri May 2022 | 205.05 | 182.00 | 209.40 | 181.50 | 0.595 Mn |
| 13 Fri May 2022 | 184.55 | 174.00 | 193.80 | 158.80 | 0.446 Mn |
| 06 Fri May 2022 | 173.15 | 182.00 | 193.90 | 166.65 | 0.436 Mn |
| 29 Fri Apr 2022 | 187.80 | 186.20 | 196.20 | 178.00 | 0.491 Mn |
| 22 Fri Apr 2022 | 187.25 | 188.00 | 199.55 | 183.85 | 0.468 Mn |
| 13 Wed Apr 2022 | 188.25 | 176.00 | 198.90 | 174.30 | 0.531 Mn |
| 08 Fri Apr 2022 | 174.30 | 156.90 | 183.85 | 156.10 | 0.685 Mn |
| 01 Fri Apr 2022 | 155.30 | 147.00 | 157.30 | 138.00 | 0.473 Mn |
| 25 Fri Mar 2022 | 144.00 | 158.80 | 160.70 | 142.55 | 0.28 Mn |
Indicators analysis of Elecon Eng (EleconEng)
Price action analysis of Elecon Eng ( (EleconEng) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 to mid 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 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 BUY signal for Elecon Eng in short term and the buy signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Elecon Eng Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! 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 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 positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying might be slowing down
Stock of Elecon Eng is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 180.43 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 rising upwards.
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 is giving positive 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.
Weekly charts
| Indicator Name | Indicator Value | Indicator Signal |
| ADX | 22, 19, 9 | Buy |
| MACD | 19, 15 | Buy |
| Stochastics | 84 | Buy |
| CCI | 110 | Buy |
| RSI | 55 | Buy |
| OBV | 1191451 | Sell |
| VWAP | 180 | Buy |
| ADL | 0 | Sell |
| ROC | 25 | Buy |
| Force Index | 0 | Sell |
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