Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(EIMCOELECO_BE) Eimco Elecon complete technical analysis [charts+indicators] | Buy/Sell Eimco Elecon | (EIMCOELECO_BE) share price targets

Complete technical analysis of Eimco Elecon (EIMCOELECO_BE) by charts plus indicators, forecast predictions and share price targets for Eimco Elecon (EIMCOELECO_BE)

Showing technical analysis as on 2024-04-15 View latest technical analysis

10 day averaged volume of Eimco Elecon is 7580

Date	Daily Closing Price	Open	High	Low	Volume
15 Mon Apr 2024	1727.65	1701.05	1750.00	1699.45	1.07 times
12 Fri Apr 2024	1788.90	1792.00	1830.00	1765.00	0.213 times
10 Wed Apr 2024	1809.65	1719.00	1843.00	1719.00	0.7 times
09 Tue Apr 2024	1796.25	1826.30	1860.00	1735.00	1.034 times
01 Fri Mar 2024	1315.10	1303.00	1341.25	1295.00	2.041 times
29 Thu Feb 2024	1300.20	1340.00	1340.00	1280.00	1.379 times
28 Wed Feb 2024	1340.20	1370.00	1370.00	1268.50	1.36 times
27 Tue Feb 2024	1335.25	1336.00	1375.00	1300.05	0.997 times
26 Mon Feb 2024	1334.80	1405.00	1405.00	1322.00	0.789 times
23 Fri Feb 2024	1391.55	1395.00	1410.00	1365.00	1.071 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 1626.7, but if it comes below 1626.7, then a intra day sell could be more profitable.
If you take a sell trade below 1626.7, then use 1626.7 as stoploss and 1460.81 as target. However if you take a buy trade in stock , then use 1626.7 as stoploss and 1825.7 as target.

Share price targets for Eimco Elecon (EIMCOELECO_BE)

Target Type	Value
Downside Target	1268.50
Downside Target	1295.00
Downside Target	1332.10
Downside Target	1405.00
Downside Target	1456.15
Downside Target	1523.00
Downside Target	1570.00
Downside Target	1699.45
Downside Target	1700.00
Downside Target	1719.00
Upside Target	1750.00
Upside Target	1860.00
Upside Target	1871.00

Intraday share price targets for Eimco Elecon (EIMCOELECO_BE)

Target Type	Value
Downside Intraday Target	1701.4
Downside Intraday Target	1675.15
Upside Intraday Target	1751.95
Upside Intraday Target	1776.25
Downside Intraday Target	1725.7

Weekly technical analysis of Eimco Elecon (EIMCOELECO_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
15 Mon Apr 2024	1727.65	1701.05	1750.00	1699.45	0.55 times
12 Fri Apr 2024	1788.90	1826.30	1860.00	1719.00	0.297 times
01 Fri Mar 2024	1315.10	1405.00	1405.00	1268.50	2.044 times
23 Fri Feb 2024	1391.55	1375.00	1456.15	1360.00	0.752 times
16 Fri Feb 2024	1373.70	1480.00	1523.00	1348.85	1.726 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 Eimco Elecon (EIMCOELECO_BE)

Date	Monthly Closing Price	Open	High	Low	Volume
15 Mon Apr 2024	1727.65	1826.30	1860.00	1699.45	1.478 times
01 Fri Mar 2024	1315.10	1303.00	1341.25	1295.00	0.131 times
29 Thu Feb 2024	1300.20	1433.55	1570.00	1268.50	1.046 times
31 Wed Jan 2024	1433.55	1585.00	1700.00	1332.10	1.076 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 Eimco Elecon (EIMCOELECO_BE)

Price action analysis of Eimco Elecon ( (EIMCOELECO_BE) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Eimco Elecon ( (EIMCOELECO_BE) ) based on a short 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 Eimco Elecon ( (EIMCOELECO_BE) ) 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 Eimco Elecon ( (EIMCOELECO_BE) ) 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 Eimco Elecon stock for short term is BUY. Signal strength is Strong and stock is losing momentum.

MACD generated a BUY signal for Eimco Elecon in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Eimco Elecon Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Eimco Elecon 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 negative zone. This is the SELL zone

Stock of Eimco Elecon is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 1457.51 and Eimco Elecon (EIMCOELECO_BE) 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 Eimco Elecon (EIMCOELECO_BE) stock. Volume based technical analysis of Eimco Elecon (EIMCOELECO_BE) stock is negative.

Eimco Elecon 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.