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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 2024-07-10 View latest technical analysis

10 day averaged volume of Eimco Elecon is 6490

Date	Daily Closing Price	Open	High	Low	Volume
10 Wed Jul 2024	2430.40	2580.00	2624.00	2376.55	1.381 times
09 Tue Jul 2024	2501.60	2647.00	2647.00	2485.00	0.561 times
08 Mon Jul 2024	2606.65	2749.00	2749.00	2552.05	0.465 times
05 Fri Jul 2024	2664.45	2730.00	2750.00	2600.00	0.932 times
04 Thu Jul 2024	2736.05	2850.00	2850.00	2620.00	1.181 times
03 Wed Jul 2024	2725.15	2689.00	2734.00	2618.00	1.801 times
02 Tue Jul 2024	2603.95	2510.00	2619.35	2510.00	1.571 times
01 Mon Jul 2024	2494.65	2494.65	2494.65	2440.00	0.291 times
14 Fri Jun 2024	2132.50	2148.00	2200.00	2090.00	0.739 times
13 Thu Jun 2024	2154.45	2150.00	2205.00	2070.00	0.959 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 2544.6 as stoploss in an intra day sell trade for a target of 2230.57. However, stock will show a bullish move above 2544.6.

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	2376.55
Upside Target	2440.00
Upside Target	2749.00
Upside Target	2850.00

Intraday share price targets for Eimco Elecon (EIMCOELECO_BE)

Target Type	Value
Downside Intraday Target	2288.3
Downside Intraday Target	2146.2
Upside Intraday Target	2660.75
Upside Intraday Target	2891.1
Upside Intraday Target	2518.65

Weekly technical analysis of Eimco Elecon (EIMCOELECO_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
10 Wed Jul 2024	2430.40	2749.00	2749.00	2376.55	0.417 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
10 Wed Jul 2024	2430.40	2494.65	2850.00	2376.55	0.757 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 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 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 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 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 green color and prices are in or below the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Eimco Elecon in short term and SELL signal is strong!

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 Eimco Elecon is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 2535.49 and Eimco Elecon (EIMCOELECO_BE) 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 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.