(ElecCasting) Elec Casting complete technical analysis [charts+indicators] | Buy/Sell Elec Casting | (ElecCasting) share price targets
Complete technical analysis of Elec Casting (ElecCasting) by charts plus indicators, forecast predictions and share price targets for Elec Casting (ElecCasting)
Showing technical analysis as on 2024-10-16 View latest technical analysis
10 day averaged volume of Elec Casting is 127461
| Date | Daily Closing Price | Open | High | Low | Volume |
| 16 Wed Oct 2024 | 199.90 | 199.05 | 201.00 | 193.85 | 1.268 times |
| 15 Tue Oct 2024 | 197.90 | 203.65 | 204.35 | 197.10 | 0.251 times |
| 14 Mon Oct 2024 | 202.20 | 202.05 | 208.65 | 200.00 | 1.008 times |
| 11 Fri Oct 2024 | 202.30 | 195.05 | 203.40 | 195.05 | 0.678 times |
| 10 Thu Oct 2024 | 198.65 | 202.00 | 205.30 | 198.15 | 0.404 times |
| 09 Wed Oct 2024 | 200.50 | 199.60 | 204.55 | 195.70 | 0.456 times |
| 08 Tue Oct 2024 | 196.95 | 191.15 | 198.45 | 189.15 | 1.152 times |
| 07 Mon Oct 2024 | 190.10 | 200.55 | 203.10 | 186.20 | 2.993 times |
| 03 Thu Oct 2024 | 205.80 | 208.55 | 211.35 | 203.80 | 0.954 times |
| 01 Tue Oct 2024 | 212.75 | 213.50 | 216.00 | 212.15 | 0.699 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 199.5 as stoploss in an intra day buy trade for a target of 208.1. However, stock will show a bearish move below 199.5.
Share price targets for Elec Casting (ElecCasting)
| Target Type | Value |
| Downside Target | 134.75 |
| Downside Target | 171.40 |
| Downside Target | 183.70 |
| Downside Target | 193.85 |
| Upside Target | 203.80 |
| Upside Target | 216.00 |
| Upside Target | 216.05 |
| Upside Target | 223.65 |
| Upside Target | 224.45 |
| Upside Target | 226.60 |
| Upside Target | 232.60 |
| Upside Target | 236.65 |
Intraday share price targets for Elec Casting (ElecCasting)
| Target Type | Value |
| Downside Intraday Target | 192.95 |
| Downside Intraday Target | 186 |
| Upside Intraday Target | 207.75 |
| Upside Intraday Target | 215.6 |
| Upside Intraday Target | 200.8 |
Weekly technical analysis of Elec Casting (ElecCasting)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 16 Wed Oct 2024 | 199.90 | 202.05 | 208.65 | 193.85 | 0.445 times |
| 11 Fri Oct 2024 | 202.30 | 200.55 | 205.30 | 186.20 | 1.858 times |
| 03 Thu Oct 2024 | 205.80 | 215.65 | 216.05 | 203.80 | 1.369 times |
| 27 Fri Sep 2024 | 215.90 | 223.65 | 223.65 | 211.00 | 0.294 times |
| 20 Fri Sep 2024 | 219.95 | 232.60 | 232.60 | 210.00 | 0.555 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 Elec Casting (ElecCasting)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 16 Wed Oct 2024 | 199.90 | 213.50 | 216.00 | 186.20 | 0.308 times |
| 30 Mon Sep 2024 | 211.50 | 216.25 | 236.65 | 207.00 | 0.832 times |
| 30 Fri Aug 2024 | 214.05 | 220.60 | 226.60 | 193.85 | 0.842 times |
| 31 Wed Jul 2024 | 216.85 | 175.10 | 224.45 | 171.40 | 2.024 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 Elec Casting (ElecCasting)
Price action analysis of Elec Casting ( (ElecCasting) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Elec Casting ( (ElecCasting) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Elec Casting ( (ElecCasting) ) 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 Elec Casting ( (ElecCasting) ) 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 Elec Casting stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Elec Casting in short term and the sell signal is strong.
Elec Casting 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 getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a SELL signal for Elec Casting in short term and SELL signal is strong!
RSI is generating a BUY signal in short term but buying is losing 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 Elec Casting is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 198.39 and Elec Casting (ElecCasting) 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 Elec Casting (ElecCasting) stock. Volume based technical analysis of Elec Casting (ElecCasting) stock is negative.
Elec Casting 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 Elec Casting ( (ElecCasting) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Elec Casting ( (ElecCasting) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Elec Casting ( (ElecCasting) ) 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 Elec Casting ( (ElecCasting) ) 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 Elec Casting stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Elec Casting in short term and the sell signal is strong.
Elec Casting 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 getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a SELL signal for Elec Casting in short term and SELL signal is strong!
RSI is generating a BUY signal in short term but buying is losing 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 Elec Casting is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 198.39 and Elec Casting (ElecCasting) 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 Elec Casting (ElecCasting) stock. Volume based technical analysis of Elec Casting (ElecCasting) stock is negative.
Elec Casting 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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