(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 2024-03-07 View latest technical analysis
10 day averaged volume of Elecon Eng is 12797
| Date | Daily Closing Price | Open | High | Low | Volume |
| 07 Thu Mar 2024 | 961.00 | 930.05 | 966.15 | 930.00 | 1.495 times |
| 06 Wed Mar 2024 | 942.85 | 982.00 | 982.00 | 934.00 | 1.026 times |
| 05 Tue Mar 2024 | 980.10 | 999.60 | 999.60 | 974.65 | 1.208 times |
| 04 Mon Mar 2024 | 991.55 | 999.60 | 1000.60 | 975.50 | 1.166 times |
| 02 Sat Mar 2024 | 999.60 | 991.65 | 1007.25 | 986.70 | 0.073 times |
| 01 Fri Mar 2024 | 989.55 | 996.05 | 1009.75 | 985.35 | 1.004 times |
| 29 Thu Feb 2024 | 1005.40 | 935.00 | 1012.00 | 911.00 | 1.305 times |
| 28 Wed Feb 2024 | 937.50 | 955.05 | 970.65 | 924.00 | 0.443 times |
| 27 Tue Feb 2024 | 950.90 | 1010.00 | 1010.00 | 934.55 | 1.664 times |
| 26 Mon Feb 2024 | 998.95 | 1017.75 | 1025.45 | 995.50 | 0.643 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 966.7, but if it comes above 966.7, then a intra day buy could be more profitable.
If you take a sell trade below 966.7, then use 966.7 as stoploss and 932 as target. However if you take a buy trade in stock , then use 966.7 as stoploss and 995.59 as target.
Share price targets for Elecon Eng (EleconEng)
| Target Type | Value |
| Downside Target | 850.00 |
| Downside Target | 903.80 |
| Downside Target | 930.00 |
| Upside Target | 970.00 |
| Upside Target | 1000.60 |
| Upside Target | 1009.75 |
| Upside Target | 1025.45 |
| Upside Target | 1059.00 |
| Upside Target | 1063.45 |
| Upside Target | 1087.50 |
| Upside Target | 1108.25 |
| Upside Target | 1120.50 |
Intraday share price targets for Elecon Eng (EleconEng)
| Target Type | Value |
| Downside Intraday Target | 927.13 |
| Downside Intraday Target | 893.27 |
| Upside Intraday Target | 997.73 |
| Upside Intraday Target | 1034.47 |
| Upside Intraday Target | 963.87 |
Weekly technical analysis of Elecon Eng (EleconEng)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 07 Thu Mar 2024 | 961.00 | 999.60 | 1000.60 | 930.00 | 0.954 times |
| 02 Sat Mar 2024 | 999.60 | 1017.75 | 1025.45 | 911.00 | 0.71 times |
| 23 Fri Feb 2024 | 1017.35 | 1049.90 | 1059.00 | 985.35 | 1.229 times |
| 16 Fri Feb 2024 | 1020.80 | 993.90 | 1063.45 | 970.00 | 1.411 times |
| 09 Fri Feb 2024 | 1014.20 | 1067.20 | 1087.50 | 997.00 | 0.313 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 |
| 07 Thu Mar 2024 | 961.00 | 996.05 | 1009.75 | 930.00 | 0.236 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 |
| 29 Fri Dec 2023 | 926.90 | 948.00 | 984.30 | 859.00 | 0.594 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 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 short to mid 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 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 SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Elecon Eng in short term and the sell 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. Bears are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
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 but buying is losing 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 973.64 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 negative.
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 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 short to mid 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 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 SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Elecon Eng in short term and the sell 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. Bears are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
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 but buying is losing 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 973.64 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
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