(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 102647
| Date | Daily Closing Price | Open | High | Low | Volume |
| 16 Mon May 2022 | 185.30 | 182.00 | 191.95 | 181.50 | 0.62 times |
| 13 Fri May 2022 | 184.55 | 178.00 | 193.80 | 178.00 | 0.746 times |
| 12 Thu May 2022 | 181.10 | 178.70 | 184.45 | 170.50 | 0.695 times |
| 11 Wed May 2022 | 176.50 | 162.20 | 178.90 | 158.80 | 1.635 times |
| 10 Tue May 2022 | 166.85 | 170.00 | 173.90 | 165.90 | 0.399 times |
| 09 Mon May 2022 | 169.50 | 174.00 | 174.00 | 162.15 | 0.871 times |
| 06 Fri May 2022 | 173.15 | 168.00 | 175.60 | 166.65 | 1.541 times |
| 05 Thu May 2022 | 172.55 | 184.40 | 185.00 | 167.30 | 1.297 times |
| 04 Wed May 2022 | 181.80 | 191.70 | 193.90 | 180.45 | 0.719 times |
| 02 Mon May 2022 | 186.05 | 182.00 | 190.60 | 182.00 | 0.69 times |
My analysis of stock is bullish for shortterm, and stock might move up till 190.1 or till 198.9. Use a stoploss of 182.71 and if this stock hits its stoploss, then it can fall down till 175.34
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 | 191.95 |
| Upside Target | 193.90 |
| Upside Target | 196.20 |
| Upside Target | 199.55 |
| Upside Target | 214.15 |
Intraday share price targets for Elecon Eng (EleconEng)
| Target Type | Value |
| Downside Intraday Target | 180.55 |
| Downside Intraday Target | 175.8 |
| Upside Intraday Target | 191 |
| Upside Intraday Target | 196.7 |
| Upside Intraday Target | 186.25 |
Weekly technical analysis of Elecon Eng (EleconEng)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 16 Mon May 2022 | 185.30 | 182.00 | 191.95 | 181.50 | 0.143 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 |
| 16 Mon May 2022 | 185.30 | 182.00 | 193.90 | 158.80 | 0.404 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 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 | 21, 16, 13 | Buy |
| MACD | 5, 5 | Sell |
| Stochastics | 71 | Buy |
| CCI | 85 | Buy |
| RSI | 49 | Sell |
| OBV | 316756 | Sell |
| VWAP | 177 | Buy |
| ADL | 0 | Sell |
| ROC | -1 | Sell |
| 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 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 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 SELL signal for Elecon Eng in short term but the sell signal is initial and weak.
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 moving up
CCI has generated a buy signal for Elecon Eng in short term and BUY signal is strong.
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
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 177.02 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 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 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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