(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 2022-04-21 View latest technical analysis
10 day averaged volume of Elecon Eng is 126631
| Date | Daily Closing Price | Open | High | Low | Volume |
| 21 Thu Apr 2022 | 190.25 | 189.00 | 194.00 | 188.00 | 0.677 times |
| 20 Wed Apr 2022 | 187.65 | 192.40 | 195.25 | 185.00 | 0.489 times |
| 19 Tue Apr 2022 | 190.70 | 194.10 | 197.95 | 187.20 | 1.081 times |
| 18 Mon Apr 2022 | 194.60 | 188.00 | 199.55 | 183.85 | 1.073 times |
| 13 Wed Apr 2022 | 188.25 | 192.80 | 193.00 | 185.90 | 0.618 times |
| 12 Tue Apr 2022 | 187.55 | 186.75 | 198.90 | 186.00 | 2.683 times |
| 11 Mon Apr 2022 | 185.45 | 176.00 | 187.00 | 174.30 | 0.89 times |
| 08 Fri Apr 2022 | 174.30 | 174.30 | 176.80 | 171.50 | 0.424 times |
| 07 Thu Apr 2022 | 173.70 | 180.55 | 180.60 | 172.80 | 0.371 times |
| 06 Wed Apr 2022 | 178.85 | 175.30 | 183.85 | 175.30 | 1.083 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 187.9, but if it comes below 187.9, then a intra day sell could be more profitable.
If you take a sell trade below 187.9, then use 187.9 as stoploss and 168.39 as target. However if you take a buy trade in stock , then use 187.9 as stoploss and 211.2 as target.
Share price targets for Elecon Eng (EleconEng)
| Target Type | Value |
| Downside Target | 129.30 |
| Downside Target | 136.75 |
| Downside Target | 142.55 |
| Downside Target | 156.10 |
| Downside Target | 160.70 |
| Downside Target | 174.30 |
| Downside Target | 183.40 |
| Downside Target | 183.85 |
| Upside Target | 198.90 |
| Upside Target | 199.55 |
| Upside Target | 212.80 |
| Upside Target | 214.15 |
Intraday share price targets for Elecon Eng (EleconEng)
| Target Type | Value |
| Downside Intraday Target | 182.88 |
| Downside Intraday Target | 175.52 |
| Upside Intraday Target | 198.58 |
| Upside Intraday Target | 206.92 |
| Upside Intraday Target | 191.22 |
Weekly technical analysis of Elecon Eng (EleconEng)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 21 Thu Apr 2022 | 190.25 | 188.00 | 199.55 | 183.85 | 0.792 times |
| 13 Wed Apr 2022 | 188.25 | 176.00 | 198.90 | 174.30 | 0.775 times |
| 08 Fri Apr 2022 | 174.30 | 156.90 | 183.85 | 156.10 | 1.448 times |
| 01 Fri Apr 2022 | 155.30 | 147.00 | 157.30 | 138.00 | 1.691 times |
| 25 Fri Mar 2022 | 144.00 | 158.80 | 160.70 | 142.55 | 1.367 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 |
| 21 Thu Apr 2022 | 190.25 | 143.10 | 199.55 | 143.00 | 1.317 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 |
| 31 Mon Jan 2022 | 178.20 | 185.40 | 214.15 | 166.05 | 1.242 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 | 33, 8, 60 | Buy |
| MACD | 15, 12 | Buy |
| Stochastics | 70 | None |
| CCI | 55 | Buy |
| RSI | 54 | Buy |
| OBV | 1044030 | Sell |
| VWAP | 187 | Buy |
| ADL | 0 | Sell |
| ROC | 7 | Buy |
| Force Index | 0 | Sell |
Price action analysis of Elecon Eng ( (EleconEng) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Elecon Eng ( (EleconEng) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting tired and bears are picking up momentum.
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 and BUY signal is strong.
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in positive zone. This is a BUY 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 186.62 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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