(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 106855
| Date | Daily Closing Price | Open | High | Low | Volume |
| 27 Fri May 2022 | 192.15 | 194.15 | 195.30 | 189.15 | 0.466 times |
| 26 Thu May 2022 | 191.00 | 183.20 | 194.60 | 180.90 | 0.922 times |
| 25 Wed May 2022 | 191.80 | 196.50 | 204.70 | 190.10 | 1.05 times |
| 24 Tue May 2022 | 197.15 | 199.95 | 199.95 | 193.40 | 0.691 times |
| 23 Mon May 2022 | 198.00 | 206.25 | 212.00 | 195.90 | 1.056 times |
| 20 Fri May 2022 | 205.05 | 195.15 | 209.40 | 195.15 | 1.671 times |
| 19 Thu May 2022 | 190.15 | 194.40 | 196.00 | 188.10 | 0.486 times |
| 18 Wed May 2022 | 197.50 | 196.95 | 202.45 | 190.80 | 1.802 times |
| 17 Tue May 2022 | 193.00 | 186.70 | 194.85 | 185.30 | 1.01 times |
| 16 Mon May 2022 | 185.30 | 182.00 | 191.95 | 181.50 | 0.596 times |
My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 196.2 as stoploss in an intra day sell trade for a target of 186.05. However, stock will show a bullish move above 196.2.
Share price targets for Elecon Eng (EleconEng)
| Target Type | Value |
| Downside Target | 129.30 |
| Downside Target | 136.75 |
| Downside Target | 143.00 |
| Downside Target | 158.80 |
| Downside Target | 163.25 |
| Downside Target | 178.00 |
| Upside Target | 193.80 |
| Upside Target | 196.20 |
| Upside Target | 199.55 |
| Upside Target | 209.40 |
| Upside Target | 212.00 |
| Upside Target | 214.15 |
Intraday share price targets for Elecon Eng (EleconEng)
| Target Type | Value |
| Downside Intraday Target | 178.03 |
| Downside Intraday Target | 163.92 |
| Upside Intraday Target | 209.13 |
| Upside Intraday Target | 226.12 |
| Upside Intraday Target | 195.02 |
Weekly technical analysis of Elecon Eng (EleconEng)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 27 Fri May 2022 | 192.15 | 206.25 | 212.00 | 180.90 | 0.752 times |
| 20 Fri May 2022 | 205.05 | 182.00 | 209.40 | 181.50 | 1.333 times |
| 13 Fri May 2022 | 184.55 | 174.00 | 193.80 | 158.80 | 1.023 times |
| 06 Fri May 2022 | 173.15 | 182.00 | 193.90 | 166.65 | 0.888 times |
| 29 Fri Apr 2022 | 187.80 | 186.20 | 196.20 | 178.00 | 1.049 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 |
| 27 Fri May 2022 | 192.15 | 182.00 | 212.00 | 158.80 | 0.822 times |
| 29 Fri Apr 2022 | 187.80 | 143.10 | 199.55 | 143.00 | 1.711 times |
| 31 Thu Mar 2022 | 143.85 | 146.20 | 163.25 | 136.75 | 0.82 times |
| 28 Mon Feb 2022 | 148.45 | 182.00 | 183.40 | 129.30 | 0.713 times |
Scroll below to view daily charts
Price has moved up 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 | 24, 16, 20 | Buy |
| MACD | 10, 10 | Sell |
| Stochastics | 42 | None |
| CCI | -33 | Buy |
| RSI | 55 | Buy |
| OBV | 409098 | Sell |
| VWAP | 196 | Sell |
| ADL | 0 | Sell |
| ROC | 4 | Buy |
| Force Index | 0 | Sell |
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 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 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 Strong and stock is gaining momentum.
MACD generated a SELL signal for Elecon Eng in short term but the sell signal is initial and weak.
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. Bears 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 moving up
CCI has generated a buy signal for Elecon Eng in short term but BUY signal is weak.
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in positive zone. This is a BUY 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 195.76 and Elecon Eng (EleconEng) stock is trading below this level. This means that stock is falling with high volumes. 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.
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