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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 164949

Date Daily Closing Price Open High Low Volume
17 Fri Sep 2021 173.45 178.05 181.00 170.00 1.289 times
16 Thu Sep 2021 178.00 175.75 182.00 171.25 1.708 times
15 Wed Sep 2021 173.10 178.90 178.90 171.85 0.441 times
14 Tue Sep 2021 175.95 178.85 178.95 173.95 0.915 times
13 Mon Sep 2021 176.60 177.85 181.45 175.10 1.329 times
09 Thu Sep 2021 177.25 179.00 182.90 175.60 1.154 times
08 Wed Sep 2021 180.50 170.00 185.95 168.50 1.614 times
07 Tue Sep 2021 169.65 168.95 174.55 164.95 0.772 times
06 Mon Sep 2021 168.20 168.20 171.85 167.30 0.447 times
03 Fri Sep 2021 169.60 171.10 174.40 168.50 0.733 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 175.9 as stoploss in an intra day sell trade for a target of 168.71. However, stock will show a bullish move above 175.9.

Share price targets for Elecon Eng (EleconEng)

Target Type Value
Downside Target 83.80
Downside Target 109.30
Downside Target 120.70
Downside Target 124.25
Downside Target 136.60
Downside Target 142.80
Downside Target 149.75
Downside Target 159.55
Downside Target 168.25
Upside Target 175.15
Upside Target 182.00
Upside Target 183.60
Upside Target 185.95

Intraday share price targets for Elecon Eng (EleconEng)

Target Type Value
Downside Intraday Target 168.3
Downside Intraday Target 163.15
Upside Intraday Target 180.3
Upside Intraday Target 187.15
Upside Intraday Target 175.15

Weekly technical analysis of Elecon Eng (EleconEng)

Date Weekly Closing Price Open High Low Volume
17 Fri Sep 2021 173.45 177.85 182.00 170.00 1.425 times
09 Thu Sep 2021 177.25 168.20 185.95 164.95 0.776 times
03 Fri Sep 2021 169.60 165.70 175.15 160.25 0.978 times
27 Fri Aug 2021 163.15 164.35 168.25 145.50 0.739 times
20 Fri Aug 2021 163.70 163.35 183.60 159.55 0.906 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
17 Fri Sep 2021 173.45 168.50 185.95 162.80 0.419 times
31 Tue Aug 2021 164.45 138.90 183.60 136.60 0.379 times
30 Fri Jul 2021 138.00 138.00 149.75 124.25 2.145 times
30 Wed Jun 2021 136.85 118.75 142.80 109.30 2.467 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)

Indicator Name Indicator Value Indicator Signal
ADX 20, 10, 33 Buy
MACD 13, 14Sell
Stochastics 49None
CCI 2Sell
RSI 69Buy
OBV -662219Sell
VWAP 176Sell
ADL 0Sell
ROC 2Buy
Force Index 0Sell

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 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 SELL signal for Elecon Eng in short term but the sell signal is initial and weak.

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 in or above the red 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 but buying is losing momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 175.54 and Elecon Eng (EleconEng) stock is trading below this level. This means that stock is falling with high volumes. 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.

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Daily charts

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Daily chart

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