(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 310856
|Date||Daily Closing Price||Open||High||Low||Volume|
|15 Tue Jun 2021||127.65||125.00||129.25||121.85||1.135 times|
|14 Mon Jun 2021||121.35||124.20||124.90||116.85||0.465 times|
|11 Fri Jun 2021||123.35||126.45||127.75||122.25||0.603 times|
|10 Thu Jun 2021||125.65||125.00||129.45||124.95||1.184 times|
|09 Wed Jun 2021||123.85||122.30||133.60||120.40||1.788 times|
|08 Tue Jun 2021||122.15||120.20||123.75||115.00||0.86 times|
|07 Mon Jun 2021||120.70||126.80||126.80||120.00||0.492 times|
|04 Fri Jun 2021||124.40||123.15||129.95||123.15||1.452 times|
|03 Thu Jun 2021||123.85||123.50||125.45||120.05||1.61 times|
|02 Wed Jun 2021||120.10||113.00||122.50||112.70||0.598 times|
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 125.5, but if it comes below 125.5, then a intra day sell could be more profitable.
If you take a sell trade below 125.5, then use 125.5 as stoploss and 113.01 as target. However if you take a buy trade in stock , then use 125.5 as stoploss and 140.6 as target.
Share price targets for Elecon Eng (EleconEng)
Intraday share price targets for Elecon Eng (EleconEng)
|Downside Intraday Target||119.92|
|Downside Intraday Target||112.18|
|Upside Intraday Target||132.32|
|Upside Intraday Target||136.98|
|Downside Intraday Target||124.58|
Weekly technical analysis of Elecon Eng (EleconEng)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|15 Tue Jun 2021||127.65||124.20||129.25||116.85||0.325 times|
|11 Fri Jun 2021||123.35||126.80||133.60||115.00||0.918 times|
|04 Fri Jun 2021||124.40||112.80||129.95||109.30||1.131 times|
|28 Fri May 2021||111.65||93.00||120.70||90.10||5.43 times|
|21 Fri May 2021||89.40||85.50||94.50||85.25||1.743 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|
|15 Tue Jun 2021||127.65||118.75||133.60||109.30||1.378 times|
|31 Mon May 2021||118.10||92.00||120.70||83.80||1.257 times|
|30 Fri Apr 2021||91.90||65.90||98.75||61.45||1.067 times|
|31 Wed Mar 2021||63.35||58.15||69.50||53.65||0.894 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||31, 19, 24||Buy|
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 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 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 gaining momentum.
MACD generated a SELL signal for Elecon Eng in short term but the sell signal is initial and weak.
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 red color and prices are in or above the red cloud Prices appear to be moving up
CCI has generated a buy signal for Elecon Eng in short term and BUY signal is strong.
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 123.9 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.