(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 2021-09-24 View latest technical analysis
10 day averaged volume of Elecon Eng is 160813
|Date||Daily Closing Price||Open||High||Low||Volume|
|24 Fri Sep 2021||169.70||173.00||173.75||169.05||0.494 times|
|23 Thu Sep 2021||171.80||171.00||174.45||170.20||0.753 times|
|22 Wed Sep 2021||167.60||163.00||171.75||163.00||0.617 times|
|21 Tue Sep 2021||165.60||168.00||169.20||158.00||1.015 times|
|20 Mon Sep 2021||167.85||174.95||174.95||166.05||0.604 times|
|17 Fri Sep 2021||173.45||178.05||181.00||170.00||1.322 times|
|16 Thu Sep 2021||178.00||175.75||182.00||171.25||1.752 times|
|15 Wed Sep 2021||173.10||178.90||178.90||171.85||0.453 times|
|14 Tue Sep 2021||175.95||178.85||178.95||173.95||0.938 times|
|13 Mon Sep 2021||176.60||177.85||181.45||175.10||1.363 times|
My analysis of stock is bearish for shortterm, and stock might move down till 166 or till 160.1. Use a stoploss of 170.84 and if the stock hits stoploss, then it can shoot up till 175.72
Share price targets for Elecon Eng (EleconEng)
Intraday share price targets for Elecon Eng (EleconEng)
|Downside Intraday Target||160.15|
|Downside Intraday Target||150.6|
|Upside Intraday Target||177.1|
|Upside Intraday Target||184.5|
|Downside Intraday Target||167.55|
Weekly technical analysis of Elecon Eng (EleconEng)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|24 Fri Sep 2021||169.70||174.95||174.95||158.00||0.598 times|
|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|
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|
|24 Fri Sep 2021||169.70||168.50||185.95||158.00||0.53 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||18, 18, 1||Buy|
Price action analysis of Elecon Eng ( (EleconEng) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 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 weakening, and bulls 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 and SELL signal is strong!
RSI is generating a BUY signal in short term and the buying is gaining 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 173.06 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.