(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 120344
| Date | Daily Closing Price | Open | High | Low | Volume |
| 08 Mon Aug 2022 | 350.50 | 349.90 | 357.65 | 343.10 | 0.402 times |
| 05 Fri Aug 2022 | 343.60 | 350.00 | 350.95 | 340.05 | 0.187 times |
| 04 Thu Aug 2022 | 344.20 | 342.90 | 347.00 | 332.00 | 0.463 times |
| 03 Wed Aug 2022 | 338.40 | 357.55 | 362.00 | 335.60 | 0.381 times |
| 02 Tue Aug 2022 | 354.10 | 353.00 | 364.15 | 344.80 | 0.477 times |
| 01 Mon Aug 2022 | 353.65 | 360.15 | 364.45 | 352.05 | 0.464 times |
| 30 Sat Jul 2022 | 362.25 | 366.45 | 372.00 | 360.50 | 0.486 times |
| 28 Thu Jul 2022 | 362.50 | 375.40 | 375.40 | 361.05 | 0.304 times |
| 27 Wed Jul 2022 | 371.15 | 374.30 | 377.75 | 364.25 | 0.486 times |
| 26 Tue Jul 2022 | 370.00 | 371.40 | 391.90 | 366.60 | 2.453 times |
My analysis of stock is bullish for shortterm, and stock might move up till 362 or till 388.4. Use a stoploss of 339.89 and if this stock hits its stoploss, then it can fall down till 317.82
Share price targets for Elecon Eng (EleconEng)
| Target Type | Value |
| Downside Target | 143.00 |
| Downside Target | 158.80 |
| Downside Target | 194.75 |
| Downside Target | 199.55 |
| Downside Target | 212.00 |
| Downside Target | 254.00 |
| Downside Target | 287.55 |
| Downside Target | 302.00 |
| Downside Target | 325.05 |
| Downside Target | 343.10 |
| Upside Target | 357.65 |
| Upside Target | 364.45 |
| Upside Target | 394.05 |
Intraday share price targets for Elecon Eng (EleconEng)
| Target Type | Value |
| Downside Intraday Target | 343.18 |
| Downside Intraday Target | 335.87 |
| Upside Intraday Target | 357.73 |
| Upside Intraday Target | 364.97 |
| Downside Intraday Target | 350.42 |
Weekly technical analysis of Elecon Eng (EleconEng)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 08 Mon Aug 2022 | 350.50 | 349.90 | 357.65 | 343.10 | 0.204 times |
| 05 Fri Aug 2022 | 343.60 | 360.15 | 364.45 | 332.00 | 0.246 times |
| 30 Sat Jul 2022 | 362.25 | 334.85 | 394.05 | 330.40 | 1.21 times |
| 22 Fri Jul 2022 | 329.65 | 312.00 | 348.20 | 302.00 | 1.229 times |
| 15 Fri Jul 2022 | 309.80 | 294.30 | 325.05 | 287.55 | 0.865 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 |
| 08 Mon Aug 2022 | 350.50 | 360.15 | 364.45 | 332.00 | 0.089 times |
| 30 Sat Jul 2022 | 362.25 | 256.60 | 394.05 | 254.00 | 0.782 times |
| 30 Thu Jun 2022 | 260.85 | 194.75 | 289.90 | 194.75 | 1.984 times |
| 31 Tue May 2022 | 196.60 | 182.00 | 212.00 | 158.80 | 0.888 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 | 26, 18, 19 | Buy |
| MACD | 39, 44 | Sell |
| Stochastics | 30 | None |
| CCI | -45 | Buy |
| RSI | 58 | Buy |
| OBV | 741165 | Sell |
| VWAP | 361 | Sell |
| ADL | 0 | Sell |
| ROC | -7 | Sell |
| Force Index | 0 | Sell |
Price action analysis of Elecon Eng ( (EleconEng) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 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 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.
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 green color and prices are above the green 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 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 360.59 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 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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