Mobile app version of munafa.co.com
Login or Join
 Learn then Earn

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2022-04-22 View latest technical analysis

10 day averaged volume of Elecon Eng is 118891

Date Daily Closing Price Open High Low Volume
22 Fri Apr 2022 187.25 189.00 192.00 185.10 0.403 times
21 Thu Apr 2022 190.25 189.00 194.00 188.00 0.721 times
20 Wed Apr 2022 187.65 192.40 195.25 185.00 0.521 times
19 Tue Apr 2022 190.70 194.10 197.95 187.20 1.151 times
18 Mon Apr 2022 194.60 188.00 199.55 183.85 1.143 times
13 Wed Apr 2022 188.25 192.80 193.00 185.90 0.658 times
12 Tue Apr 2022 187.55 186.75 198.90 186.00 2.858 times
11 Mon Apr 2022 185.45 176.00 187.00 174.30 0.948 times
08 Fri Apr 2022 174.30 174.30 176.80 171.50 0.452 times
07 Thu Apr 2022 173.70 180.55 180.60 172.80 0.395 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 189.7 as stoploss in an intra day sell trade for a target of 170.22. However, stock will show a bullish move above 189.7.

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 180.88
Downside Intraday Target 174.52
Upside Intraday Target 196.58
Upside Intraday Target 205.92
Upside Intraday Target 190.22

Weekly technical analysis of Elecon Eng (EleconEng)

Date Weekly Closing Price Open High Low Volume
22 Fri Apr 2022 187.25 188.00 199.55 183.85 0.882 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 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
22 Fri Apr 2022 187.25 143.10 199.55 143.00 1.352 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 31, 11, 48 Buy
MACD 15, 13Buy
Stochastics 62None
CCI 20Sell
RSI 54Buy
OBV 1064088Sell
VWAP 188Sell
ADL 0Sell
ROC 5Buy
Force Index 0Sell

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 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 BUY signal for Elecon Eng in short term and the buy signal is strong.

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 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 and the buying is gaining 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 187.61 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.

Click here for Elecon Eng charts

Click here for further forecast and predictions for tomorrow

Daily charts

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

Daily chart

Daily analysis, news, Munafa stocks list in email:

Back to top | Use Dark Theme