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(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 58192

Date Daily Closing Price Open High Low Volume
25 Thu Apr 2024 1141.80 1159.40 1165.00 1129.85 0.709 times
24 Wed Apr 2024 1149.50 1130.95 1170.50 1130.95 0.408 times
23 Tue Apr 2024 1126.10 1179.45 1180.00 1114.20 0.518 times
22 Mon Apr 2024 1154.95 1244.95 1244.95 1141.00 1.947 times
19 Fri Apr 2024 1166.60 1040.85 1197.55 1029.95 4.051 times
18 Thu Apr 2024 1061.65 1019.95 1070.00 1019.95 1.614 times
16 Tue Apr 2024 1016.45 989.25 1021.30 988.25 0.156 times
15 Mon Apr 2024 987.25 904.05 1020.00 904.05 0.365 times
12 Fri Apr 2024 971.65 1001.55 1001.55 966.35 0.426 times
10 Wed Apr 2024 999.05 999.55 1018.00 987.10 0.215 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 1102.4, but if it comes below 1102.4, then a intra day sell could be more profitable.
If you take a sell trade below 1102.4, then use 1102.4 as stoploss and 1028.61 as target. However if you take a buy trade in stock , then use 1102.4 as stoploss and 1190.9 as target.

Share price targets for Elecon Eng (EleconEng)

Target Type Value
Downside Target 790.10
Downside Target 859.00
Downside Target 903.80
Downside Target 952.00
Downside Target 1009.75
Downside Target 1032.95
Downside Target 1108.25
Downside Target 1114.20
Downside Target 1120.50
Upside Target 1197.55
Upside Target 1244.95

Intraday share price targets for Elecon Eng (EleconEng)

Target Type Value
Downside Intraday Target 1089.02
Downside Intraday Target 1036.23
Upside Intraday Target 1219.77
Upside Intraday Target 1297.73
Upside Intraday Target 1166.98

Weekly technical analysis of Elecon Eng (EleconEng)

Date Weekly Closing Price Open High Low Volume
25 Thu Apr 2024 1141.80 1244.95 1244.95 1114.20 0.579 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
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

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
25 Thu Apr 2024 1141.80 952.55 1244.95 904.05 1.638 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, and volume has increased substantially. This means that the move can 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

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 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.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

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 1123.79 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

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 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.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

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 1123.79 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.

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
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