(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 2022-04-25 View latest technical analysis
10 day averaged volume of Elecon Eng is 109967
| Date | Daily Closing Price | Open | High | Low | Volume |
| 25 Mon Apr 2022 | 189.60 | 186.20 | 194.15 | 183.20 | 1.023 times |
| 22 Fri Apr 2022 | 187.25 | 189.00 | 192.00 | 185.10 | 0.436 times |
| 21 Thu Apr 2022 | 190.25 | 189.00 | 194.00 | 188.00 | 0.78 times |
| 20 Wed Apr 2022 | 187.65 | 192.40 | 195.25 | 185.00 | 0.563 times |
| 19 Tue Apr 2022 | 190.70 | 194.10 | 197.95 | 187.20 | 1.244 times |
| 18 Mon Apr 2022 | 194.60 | 188.00 | 199.55 | 183.85 | 1.236 times |
| 13 Wed Apr 2022 | 188.25 | 192.80 | 193.00 | 185.90 | 0.711 times |
| 12 Tue Apr 2022 | 187.55 | 186.75 | 198.90 | 186.00 | 3.09 times |
| 11 Mon Apr 2022 | 185.45 | 176.00 | 187.00 | 174.30 | 1.025 times |
| 08 Fri Apr 2022 | 174.30 | 174.30 | 176.80 | 171.50 | 0.488 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 191.5 as stoploss in an intra day sell trade for a target of 172.36. However, stock will show a bullish move above 191.5.
Share price targets for Elecon Eng (EleconEng)
| Target Type | Value |
| Downside Target | 129.30 |
| Downside Target | 136.75 |
| Downside Target | 143.00 |
| Downside Target | 156.10 |
| Downside Target | 163.25 |
| Downside Target | 174.30 |
| Downside Target | 183.20 |
| Upside Target | 194.15 |
| 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 | 183.82 |
| Downside Intraday Target | 178.03 |
| Upside Intraday Target | 194.77 |
| Upside Intraday Target | 199.93 |
| Downside Intraday Target | 188.98 |
Weekly technical analysis of Elecon Eng (EleconEng)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 25 Mon Apr 2022 | 189.60 | 186.20 | 194.15 | 183.20 | 0.24 times |
| 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 |
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 |
| 25 Mon Apr 2022 | 189.60 | 143.10 | 199.55 | 143.00 | 1.434 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 | 29, 10, 51 | Buy |
| MACD | 15, 13 | Buy |
| Stochastics | 63 | None |
| CCI | 20 | Buy |
| RSI | 53 | Buy |
| OBV | 1129267 | Sell |
| VWAP | 188 | Buy |
| ADL | 0 | Sell |
| ROC | 9 | Buy |
| Force Index | 0 | Sell |
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 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 Strong and stock is gaining 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 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 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 188.36 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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