(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)
Showing technical analysis as on 2021-09-17 View latest technical analysis
10 day averaged volume of Elecon Eng is 164949
|Date||Daily Closing Price||Open||High||Low||Volume|
|17 Fri Sep 2021||173.45||178.05||181.00||170.00||1.289 times|
|16 Thu Sep 2021||178.00||175.75||182.00||171.25||1.708 times|
|15 Wed Sep 2021||173.10||178.90||178.90||171.85||0.441 times|
|14 Tue Sep 2021||175.95||178.85||178.95||173.95||0.915 times|
|13 Mon Sep 2021||176.60||177.85||181.45||175.10||1.329 times|
|09 Thu Sep 2021||177.25||179.00||182.90||175.60||1.154 times|
|08 Wed Sep 2021||180.50||170.00||185.95||168.50||1.614 times|
|07 Tue Sep 2021||169.65||168.95||174.55||164.95||0.772 times|
|06 Mon Sep 2021||168.20||168.20||171.85||167.30||0.447 times|
|03 Fri Sep 2021||169.60||171.10||174.40||168.50||0.733 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 175.9 as stoploss in an intra day sell trade for a target of 168.71. However, stock will show a bullish move above 175.9.
Share price targets for Elecon Eng (EleconEng)
Intraday share price targets for Elecon Eng (EleconEng)
|Downside Intraday Target||168.3|
|Downside Intraday Target||163.15|
|Upside Intraday Target||180.3|
|Upside Intraday Target||187.15|
|Upside Intraday Target||175.15|
Weekly technical analysis of Elecon Eng (EleconEng)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|17 Fri Sep 2021||173.45||177.85||182.00||170.00||1.425 times|
|09 Thu Sep 2021||177.25||168.20||185.95||164.95||0.776 times|
|03 Fri Sep 2021||169.60||165.70||175.15||160.25||0.978 times|
|27 Fri Aug 2021||163.15||164.35||168.25||145.50||0.739 times|
|20 Fri Aug 2021||163.70||163.35||183.60||159.55||0.906 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|
|17 Fri Sep 2021||173.45||168.50||185.95||162.80||0.419 times|
|31 Tue Aug 2021||164.45||138.90||183.60||136.60||0.379 times|
|30 Fri Jul 2021||138.00||138.00||149.75||124.25||2.145 times|
|30 Wed Jun 2021||136.85||118.75||142.80||109.30||2.467 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||20, 10, 33||Buy|
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 losing 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 coming down
CCI has generated a SELL signal for Elecon Eng in short term but SELL 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
Although the stock is in the BUY zone, but buying 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 175.54 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.