(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 2022-04-26 View latest technical analysis
10 day averaged volume of Elecon Eng is 116521
|Date||Daily Closing Price||Open||High||Low||Volume|
|26 Tue Apr 2022||186.90||193.00||196.20||186.00||0.675 times|
|25 Mon Apr 2022||189.60||186.20||194.15||183.20||0.966 times|
|22 Fri Apr 2022||187.25||189.00||192.00||185.10||0.411 times|
|21 Thu Apr 2022||190.25||189.00||194.00||188.00||0.736 times|
|20 Wed Apr 2022||187.65||192.40||195.25||185.00||0.531 times|
|19 Tue Apr 2022||190.70||194.10||197.95||187.20||1.174 times|
|18 Mon Apr 2022||194.60||188.00||199.55||183.85||1.166 times|
|13 Wed Apr 2022||188.25||192.80||193.00||185.90||0.671 times|
|12 Tue Apr 2022||187.55||186.75||198.90||186.00||2.916 times|
|11 Mon Apr 2022||185.45||176.00||187.00||174.30||0.967 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 192.7 as stoploss in an intra day sell trade for a target of 174.51. However, stock will show a bullish move above 192.7.
Share price targets for Elecon Eng (EleconEng)
Intraday share price targets for Elecon Eng (EleconEng)
|Downside Intraday Target||181.33|
|Downside Intraday Target||175.77|
|Upside Intraday Target||194.33|
|Upside Intraday Target||201.77|
|Upside Intraday Target||188.77|
Weekly technical analysis of Elecon Eng (EleconEng)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|26 Tue Apr 2022||186.90||186.20||196.20||183.20||0.408 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 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|
|26 Tue Apr 2022||186.90||143.10||199.55||143.00||1.492 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||28, 9, 54||Buy|
Price action analysis of Elecon Eng ( (EleconEng) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 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 buy signal for Elecon Eng in short term and BUY 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
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 188.9 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.