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(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 57039

Date Daily Closing Price Open High Low Volume
04 Tue Oct 2022 339.20 334.50 347.00 334.50 0.592 times
03 Mon Oct 2022 331.65 341.50 348.50 329.20 0.484 times
30 Fri Sep 2022 341.55 329.05 344.75 329.05 0.575 times
29 Thu Sep 2022 333.30 339.95 340.90 326.00 0.557 times
28 Wed Sep 2022 328.80 326.95 341.00 324.85 1.662 times
27 Tue Sep 2022 330.15 328.00 337.00 327.60 0.612 times
26 Mon Sep 2022 328.75 341.25 344.45 318.15 2.82 times
23 Fri Sep 2022 350.60 365.00 370.50 343.60 0.754 times
22 Thu Sep 2022 367.55 373.00 377.00 360.00 1.426 times
21 Wed Sep 2022 376.30 381.55 388.00 375.00 0.422 times

Share price targets for Elecon Eng (EleconEng)

Target Type Value
Downside Target 194.75
Downside Target 254.00
Downside Target 289.90
Downside Target 318.15
Downside Target 329.20
Upside Target 343.60
Upside Target 367.05
Upside Target 391.90
Upside Target 394.05
Upside Target 394.50
Upside Target 399.00
Upside Target 415.00

Intraday share price targets for Elecon Eng (EleconEng)

Target Type Value
Downside Intraday Target 329.43
Downside Intraday Target 319.67
Upside Intraday Target 348.73
Upside Intraday Target 358.27
Downside Intraday Target 338.97

Weekly technical analysis of Elecon Eng (EleconEng)

Date Weekly Closing Price Open High Low Volume
04 Tue Oct 2022 339.20 341.50 348.50 329.20 0.173 times
30 Fri Sep 2022 341.55 341.25 344.75 318.15 1.332 times
23 Fri Sep 2022 350.60 382.00 399.00 343.60 0.464 times
16 Fri Sep 2022 385.95 383.30 415.00 367.05 2.253 times
09 Fri Sep 2022 376.25 360.00 391.90 354.05 0.831 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
04 Tue Oct 2022 339.20 341.50 348.50 329.20 0.04 times
30 Fri Sep 2022 341.55 375.70 415.00 318.15 1.25 times
30 Tue Aug 2022 375.25 360.15 394.50 332.00 0.381 times
29 Fri Jul 2022 362.25 256.60 394.05 254.00 0.782 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)

Indicator Name Indicator Value Indicator Signal
ADX 15, 21, 16 Sell
MACD -6, 0Sell
Stochastics 26Sell
CCI -20Buy
RSI 46Sell
OBV 22195Sell
VWAP 340Sell
ADL 0Sell
ROC -12Sell
Force Index 0Sell

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 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 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

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 SELL signal for Elecon Eng in short term and the sell signal is strong.

Elecon Eng 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 red color and prices are below 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 negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling 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 339.89 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

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Daily charts

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Daily chart

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