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(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 2024-07-09 View latest technical analysis

10 day averaged volume of Eimco Elecon is 6590

Date	Daily Closing Price	Open	High	Low	Volume
09 Tue Jul 2024	2501.60	2647.00	2647.00	2485.00	0.553 times
08 Mon Jul 2024	2606.65	2749.00	2749.00	2552.05	0.458 times
05 Fri Jul 2024	2664.45	2730.00	2750.00	2600.00	0.918 times
04 Thu Jul 2024	2736.05	2850.00	2850.00	2620.00	1.163 times
03 Wed Jul 2024	2725.15	2689.00	2734.00	2618.00	1.774 times
02 Tue Jul 2024	2603.95	2510.00	2619.35	2510.00	1.547 times
01 Mon Jul 2024	2494.65	2494.65	2494.65	2440.00	0.286 times
14 Fri Jun 2024	2132.50	2148.00	2200.00	2090.00	0.727 times
13 Thu Jun 2024	2154.45	2150.00	2205.00	2070.00	0.945 times
12 Wed Jun 2024	2102.80	1999.90	2102.80	1999.90	1.478 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 2522.8 as stoploss in an intra day sell trade for a target of 2206.54. However, stock will show a bullish move above 2522.8.

Share price targets for Eimco Elecon (EIMCOELECO_BE)

Target Type	Value
Downside Target	1295.00
Downside Target	1341.25
Downside Target	1651.10
Downside Target	1801.30
Downside Target	1901.00
Downside Target	2005.00
Downside Target	2205.00
Downside Target	2296.00
Downside Target	2440.00
Downside Target	2485.00
Upside Target	2749.00
Upside Target	2850.00

Intraday share price targets for Eimco Elecon (EIMCOELECO_BE)

Target Type	Value
Downside Intraday Target	2408.07
Downside Intraday Target	2314.53
Upside Intraday Target	2672.07
Upside Intraday Target	2842.53
Upside Intraday Target	2578.53

Weekly technical analysis of Eimco Elecon (EIMCOELECO_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
09 Tue Jul 2024	2501.60	2749.00	2749.00	2485.00	0.178 times
05 Fri Jul 2024	2664.45	2494.65	2850.00	2440.00	1.323 times
14 Fri Jun 2024	2132.50	1989.00	2205.00	1912.20	0.678 times
07 Fri Jun 2024	1991.80	2023.90	2023.90	1801.30	4.786 times
31 Fri May 2024	1927.55	1990.00	2005.00	1901.00	0.19 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
09 Tue Jul 2024	2501.60	2494.65	2850.00	2440.00	0.63 times
14 Fri Jun 2024	2132.50	2023.90	2205.00	1801.30	0.736 times
31 Fri May 2024	1927.55	2296.00	2296.00	1831.00	0.43 times
26 Fri Apr 2024	2314.35	1826.30	2314.35	1651.10	14.311 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 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 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 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 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 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.

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 positive zone. This is a BUY 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 2485.06 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.