(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)
10 day averaged volume of Elecon Eng is 23333
| Date | Daily Closing Price | Open | High | Low | Volume |
| 19 Fri Apr 2024 | 1166.60 | 1040.85 | 1197.55 | 1029.95 | 10.103 times |
| 18 Thu Apr 2024 | 1061.65 | 1019.95 | 1070.00 | 1019.95 | 4.025 times |
| 16 Tue Apr 2024 | 1016.45 | 989.25 | 1021.30 | 988.25 | 0.388 times |
| 15 Mon Apr 2024 | 987.25 | 904.05 | 1020.00 | 904.05 | 0.911 times |
| 12 Fri Apr 2024 | 971.65 | 1001.55 | 1001.55 | 966.35 | 1.064 times |
| 10 Wed Apr 2024 | 999.05 | 999.55 | 1018.00 | 987.10 | 0.536 times |
| 09 Tue Apr 2024 | 1003.30 | 1025.95 | 1031.00 | 994.15 | 0.747 times |
| 08 Mon Apr 2024 | 1024.20 | 1032.95 | 1032.95 | 1012.75 | 0.97 times |
| 05 Fri Apr 2024 | 1005.95 | 980.65 | 1014.40 | 975.35 | 0.767 times |
| 04 Thu Apr 2024 | 984.50 | 985.00 | 995.00 | 973.60 | 0.359 times |
Stock of Elecon Eng (EleconEng) has showed a significant upmove. This could be a good time to enter in this stock!
Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 1130.1, for a target of 1045.1 or 974.34
Share price targets for Elecon Eng (EleconEng)
| Target Type | Value |
| Downside Target | 790.10 |
| Downside Target | 824.45 |
| Downside Target | 859.00 |
| Downside Target | 903.80 |
| Downside Target | 952.00 |
| Downside Target | 1009.75 |
| Downside Target | 1014.40 |
| Downside Target | 1032.95 |
| Downside Target | 1108.25 |
| Downside Target | 1120.50 |
| Upside Target | 1197.55 |
Intraday share price targets for Elecon Eng (EleconEng)
| Target Type | Value |
| Downside Intraday Target | 981.25 |
| Downside Intraday Target | 795.9 |
| Upside Intraday Target | 1274.75 |
| Upside Intraday Target | 1382.9 |
| Downside Intraday Target | 1089.4 |
Weekly technical analysis of Elecon Eng (EleconEng)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 19 Fri Apr 2024 | 1166.60 | 904.05 | 1197.55 | 904.05 | 4.652 times |
| 12 Fri Apr 2024 | 971.65 | 1032.95 | 1032.95 | 966.35 | 1.052 times |
| 05 Fri Apr 2024 | 1005.95 | 952.55 | 1014.40 | 952.00 | 1.323 times |
| 28 Thu Mar 2024 | 949.85 | 938.45 | 974.45 | 905.05 | 0.884 times |
| 22 Fri Mar 2024 | 918.15 | 871.75 | 924.00 | 824.45 | 0.258 times |
Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Elecon Eng (EleconEng)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 19 Fri Apr 2024 | 1166.60 | 952.55 | 1197.55 | 904.05 | 1.164 times |
| 28 Thu Mar 2024 | 949.85 | 996.05 | 1009.75 | 790.10 | 1.356 times |
| 29 Thu Feb 2024 | 1005.40 | 1107.55 | 1108.25 | 911.00 | 0.391 times |
| 31 Wed Jan 2024 | 1100.80 | 952.95 | 1120.50 | 903.80 | 1.423 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)
Price action analysis of Elecon Eng ( (EleconEng) ) based on a short 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 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 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Elecon Eng Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! 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 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 1096.65 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.
Price action analysis of Elecon Eng ( (EleconEng) ) based on a short 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 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 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Elecon Eng Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! 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 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 1096.65 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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