(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 110159
| Date | Daily Closing Price | Open | High | Low | Volume |
| 19 Thu May 2022 | 190.15 | 194.40 | 196.00 | 188.10 | 0.471 times |
| 18 Wed May 2022 | 197.50 | 196.95 | 202.45 | 190.80 | 1.747 times |
| 17 Tue May 2022 | 193.00 | 186.70 | 194.85 | 185.30 | 0.98 times |
| 16 Mon May 2022 | 185.30 | 182.00 | 191.95 | 181.50 | 0.578 times |
| 13 Fri May 2022 | 184.55 | 178.00 | 193.80 | 178.00 | 0.696 times |
| 12 Thu May 2022 | 181.10 | 178.70 | 184.45 | 170.50 | 0.648 times |
| 11 Wed May 2022 | 176.50 | 162.20 | 178.90 | 158.80 | 1.523 times |
| 10 Tue May 2022 | 166.85 | 170.00 | 173.90 | 165.90 | 0.372 times |
| 09 Mon May 2022 | 169.50 | 174.00 | 174.00 | 162.15 | 0.812 times |
| 06 Fri May 2022 | 173.15 | 168.00 | 175.60 | 166.65 | 1.436 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 191 as stoploss in an intra day sell trade for a target of 183.1. However, stock will show a bullish move above 191.
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 | 202.45 |
| Upside Target | 214.15 |
Intraday share price targets for Elecon Eng (EleconEng)
| Target Type | Value |
| Downside Intraday Target | 180.28 |
| Downside Intraday Target | 170.42 |
| Upside Intraday Target | 201.23 |
| Upside Intraday Target | 212.32 |
| Upside Intraday Target | 191.37 |
Weekly technical analysis of Elecon Eng (EleconEng)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 19 Thu May 2022 | 190.15 | 182.00 | 202.45 | 181.50 | 0.932 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 |
| 22 Fri Apr 2022 | 187.25 | 188.00 | 199.55 | 183.85 | 0.882 times |
Price has moved up 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 |
| 19 Thu May 2022 | 190.15 | 182.00 | 202.45 | 158.80 | 0.555 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, 14, 25 | Buy |
| MACD | 9, 7 | Buy |
| Stochastics | 85 | Buy |
| CCI | 75 | Sell |
| RSI | 50 | Sell |
| OBV | 487997 | Sell |
| VWAP | 183 | Buy |
| ADL | 0 | Sell |
| ROC | 10 | Buy |
| Force Index | 0 | Sell |
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 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 Strong and stock is losing 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 tired and bears are picking up momentum.
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 SELL signal for Elecon Eng in short term but SELL signal is weak.
RSI is generating a SELL signal in short term and selling is picking up momentum.
MRSI is in negative zone. This is the SELL 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 182.86 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.
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