(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 24195
| Date | Daily Closing Price | Open | High | Low | Volume |
| 10 Fri May 2024 | 995.80 | 961.05 | 1034.40 | 920.45 | 1.909 times |
| 09 Thu May 2024 | 1008.85 | 1087.50 | 1087.50 | 1001.00 | 0.507 times |
| 08 Wed May 2024 | 1065.55 | 1036.20 | 1071.70 | 1031.35 | 0.356 times |
| 07 Tue May 2024 | 1041.25 | 1060.40 | 1063.45 | 1025.40 | 1.002 times |
| 06 Mon May 2024 | 1060.40 | 1109.95 | 1109.95 | 1053.55 | 1.846 times |
| 03 Fri May 2024 | 1101.60 | 1140.10 | 1146.50 | 1085.10 | 0.594 times |
| 02 Thu May 2024 | 1138.00 | 1139.25 | 1162.70 | 1125.00 | 0.251 times |
| 30 Tue Apr 2024 | 1133.45 | 1161.20 | 1165.70 | 1124.80 | 1.421 times |
| 29 Mon Apr 2024 | 1161.30 | 1122.20 | 1178.80 | 1122.20 | 1.919 times |
| 26 Fri Apr 2024 | 1128.50 | 1161.45 | 1161.45 | 1120.00 | 0.399 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 1015.3, but if it comes above 1015.3, then a intra day buy could be more profitable.
If you take a sell trade below 1015.3, then use 1015.3 as stoploss and 937 as target. However if you take a buy trade in stock , then use 1015.3 as stoploss and 1080.49 as target.
Share price targets for Elecon Eng (EleconEng)
| Target Type | Value |
| Downside Target | 790.10 |
| Downside Target | 903.80 |
| Downside Target | 966.35 |
| Upside Target | 1009.75 |
| Upside Target | 1032.95 |
| Upside Target | 1085.10 |
| Upside Target | 1108.25 |
| Upside Target | 1120.50 |
| Upside Target | 1162.70 |
| Upside Target | 1178.80 |
| Upside Target | 1197.55 |
| Upside Target | 1244.95 |
Intraday share price targets for Elecon Eng (EleconEng)
| Target Type | Value |
| Downside Intraday Target | 907.52 |
| Downside Intraday Target | 819.23 |
| Upside Intraday Target | 1097.02 |
| Upside Intraday Target | 1198.23 |
| Upside Intraday Target | 1008.73 |
Weekly technical analysis of Elecon Eng (EleconEng)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 10 Fri May 2024 | 995.80 | 1109.95 | 1109.95 | 920.45 | 1.343 times |
| 03 Fri May 2024 | 1101.60 | 1122.20 | 1178.80 | 1085.10 | 0.464 times |
| 26 Fri Apr 2024 | 1128.50 | 1244.95 | 1244.95 | 1114.20 | 0.606 times |
| 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 |
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 |
| 10 Fri May 2024 | 995.80 | 1139.25 | 1162.70 | 920.45 | 0.193 times |
| 30 Tue Apr 2024 | 1133.45 | 952.55 | 1244.95 | 904.05 | 1.844 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 |
Scroll below to view daily charts
Price has moved down 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 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 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 mid to longer 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.
ADX buy sell signal for Elecon Eng stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Elecon Eng in short term but the sell signal is initial and weak.
Elecon Eng Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Elecon Eng in short term and SELL signal is strong!
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Elecon Eng is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 1080.17 and Elecon Eng (EleconEng) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
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 has given negative 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 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 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 mid to longer 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.
ADX buy sell signal for Elecon Eng stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Elecon Eng in short term but the sell signal is initial and weak.
Elecon Eng Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Elecon Eng in short term and SELL signal is strong!
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Elecon Eng is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 1080.17 and Elecon Eng (EleconEng) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
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 has given negative 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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