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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)

Showing technical analysis as on 2025-03-05 View latest technical analysis

10 day averaged volume of Elecon Eng is 25542

Date	Daily Closing Price	Open	High	Low	Volume
05 Wed Mar 2025	419.80	394.95	422.00	393.05	1.883 times
04 Tue Mar 2025	392.40	396.00	398.60	378.35	1.225 times
03 Mon Mar 2025	387.90	424.45	424.45	386.30	0.85 times
28 Fri Feb 2025	412.45	430.60	435.10	408.40	1.542 times
27 Thu Feb 2025	437.60	460.00	460.00	433.70	0.43 times
25 Tue Feb 2025	447.50	465.40	470.00	445.85	1.031 times
24 Mon Feb 2025	465.40	491.60	491.60	459.15	0.291 times
21 Fri Feb 2025	475.30	499.40	499.40	467.70	0.51 times
20 Thu Feb 2025	477.60	474.80	480.40	456.55	0.835 times
19 Wed Feb 2025	466.65	436.20	473.75	436.20	0.752 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 423.4, but if it comes above 423.4, then a intra day buy could be more profitable.
If you take a sell trade below 423.4, then use 423.4 as stoploss and 380.4 as target. However if you take a buy trade in stock , then use 423.4 as stoploss and 459.12 as target.

Share price targets for Elecon Eng (EleconEng)

Target Type	Value
Downside Target	378.35
Downside Target	408.40
Upside Target	424.45
Upside Target	444.90
Upside Target	472.40
Upside Target	491.60
Upside Target	517.95
Upside Target	529.95
Upside Target	530.55
Upside Target	577.80
Upside Target	613.15
Upside Target	643.70
Upside Target	672.40

Intraday share price targets for Elecon Eng (EleconEng)

Target Type	Value
Downside Intraday Target	390.62
Downside Intraday Target	361.43
Upside Intraday Target	436.72
Upside Intraday Target	453.63
Downside Intraday Target	407.53

Weekly technical analysis of Elecon Eng (EleconEng)

Date	Weekly Closing Price	Open	High	Low	Volume
05 Wed Mar 2025	419.80	424.45	424.45	378.35	1.202 times
28 Fri Feb 2025	412.45	491.60	491.60	408.40	0.618 times
21 Fri Feb 2025	475.30	470.00	499.40	430.45	0.532 times
14 Fri Feb 2025	460.75	508.00	517.95	444.90	1.788 times
07 Fri Feb 2025	510.55	529.95	529.95	472.40	1.361 times

Price has moved up 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
05 Wed Mar 2025	419.80	424.45	424.45	378.35	0.163 times
28 Fri Feb 2025	412.45	529.95	529.95	408.40	1.109 times
31 Fri Jan 2025	531.80	633.50	643.70	503.00	0.649 times
31 Tue Dec 2024	634.75	586.05	672.40	577.80	1.813 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 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 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Elecon Eng stock for short term is SELL. Signal strength is Strong and stock is losing momentum.

MACD generated a SELL signal for Elecon Eng in short term and the sell 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 LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up

CCI has generated a buy signal for Elecon Eng in short term but BUY signal is weak.

RSI is generating a SELL signal in short term but selling 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 429.35 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.