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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 2025-03-06 View latest technical analysis

10 day averaged volume of Elecon Eng is 23877

Date Daily Closing Price Open High Low Volume
06 Thu Mar 2025 424.25 431.95 431.95 422.00 1.581 times
05 Wed Mar 2025 419.80 394.95 422.00 393.05 2.014 times
04 Tue Mar 2025 392.40 396.00 398.60 378.35 1.31 times
03 Mon Mar 2025 387.90 424.45 424.45 386.30 0.909 times
28 Fri Feb 2025 412.45 430.60 435.10 408.40 1.649 times
27 Thu Feb 2025 437.60 460.00 460.00 433.70 0.46 times
25 Tue Feb 2025 447.50 465.40 470.00 445.85 1.103 times
24 Mon Feb 2025 465.40 491.60 491.60 459.15 0.312 times
21 Fri Feb 2025 475.30 499.40 499.40 467.70 0.545 times
20 Thu Feb 2025 477.60 474.80 480.40 456.55 0.893 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 420.1 as stoploss in an intra day buy trade for a target of 455.32. However, stock will show a bearish move below 420.1.

Share price targets for Elecon Eng (EleconEng)

Target Type Value
Downside Target 378.35
Downside Target 408.40
Upside Target 430.45
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 391.08
Downside Intraday Target 357.92
Upside Intraday Target 444.68
Upside Intraday Target 465.12
Downside Intraday Target 411.52

Weekly technical analysis of Elecon Eng (EleconEng)

Date Weekly Closing Price Open High Low Volume
06 Thu Mar 2025 424.25 424.45 431.95 378.35 1.651 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, 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
06 Thu Mar 2025 424.25 424.45 431.95 378.35 0.224 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 Weak 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 and selling is picking up 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 425.82 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 Weak 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 and selling is picking up 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 425.82 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.

Click here for Elecon Eng charts

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Daily charts

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