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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)

10 day averaged volume of Eimco Elecon is 6551

Date Daily Closing Price Open High Low Volume
01 Fri Mar 2024 1315.10 1303.00 1341.25 1295.00 2.362 times
29 Thu Feb 2024 1300.20 1340.00 1340.00 1280.00 1.595 times
28 Wed Feb 2024 1340.20 1370.00 1370.00 1268.50 1.573 times
27 Tue Feb 2024 1335.25 1336.00 1375.00 1300.05 1.153 times
26 Mon Feb 2024 1334.80 1405.00 1405.00 1322.00 0.913 times
23 Fri Feb 2024 1391.55 1395.00 1410.00 1365.00 1.239 times
22 Thu Feb 2024 1363.75 1438.60 1438.60 1360.00 0.482 times
21 Wed Feb 2024 1413.40 1428.50 1444.00 1395.00 0.451 times
20 Tue Feb 2024 1414.30 1427.95 1456.15 1401.00 0.378 times
19 Mon Feb 2024 1386.85 1375.00 1407.00 1360.00 1.167 times

Stock of Eimco Elecon (EIMCOELECO_BE) has showed a significant upmove. This could be a good time to enter in this stock!

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 1337.9, but if it comes above 1337.9, then a intra day buy could be more profitable.
If you take a sell trade below 1337.9, then use 1337.9 as stoploss and 1251.5 as target. However if you take a buy trade in stock , then use 1337.9 as stoploss and 1409.99 as target.

Share price targets for Eimco Elecon (EIMCOELECO_BE)

Target Type Value
Downside Target 831.00
Downside Target 921.00
Downside Target 1268.50
Downside Target 1295.00
Upside Target 1332.10
Upside Target 1405.00
Upside Target 1440.40
Upside Target 1498.80
Upside Target 1523.00
Upside Target 1570.00
Upside Target 1580.00
Upside Target 1700.00
Upside Target 1871.00

Intraday share price targets for Eimco Elecon (EIMCOELECO_BE)

Target Type Value
Downside Intraday Target 1254.07
Downside Intraday Target 1193.03
Upside Intraday Target 1390.57
Upside Intraday Target 1466.03
Upside Intraday Target 1329.53

Weekly technical analysis of Eimco Elecon (EIMCOELECO_BE)

Date Weekly Closing Price Open High Low Volume
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
09 Fri Feb 2024 1489.85 1494.00 1570.00 1440.40 0.571 times
02 Fri Feb 2024 1494.30 1402.00 1498.80 1332.10 1.057 times

Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Eimco Elecon (EIMCOELECO_BE)

Date Monthly Closing Price Open High Low Volume
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
29 Fri Dec 2023 1599.95 1843.00 1871.00 1580.00 2.651 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 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 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 SELL. Signal strength is Strong and stock is losing momentum.

MACD generated a SELL signal for Eimco Elecon in short term and the sell signal is strong.

Eimco Elecon Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up

CCI has generated a buy signal for Eimco Elecon in short term but BUY signal is weak.

RSI is generating a SELL signal in short term and selling is picking up 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 1345.21 and Eimco Elecon (EIMCOELECO_BE) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

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 has given negative returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

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 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 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 SELL. Signal strength is Strong and stock is losing momentum.

MACD generated a SELL signal for Eimco Elecon in short term and the sell signal is strong.

Eimco Elecon Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up

CCI has generated a buy signal for Eimco Elecon in short term but BUY signal is weak.

RSI is generating a SELL signal in short term and selling is picking up 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 1345.21 and Eimco Elecon (EIMCOELECO_BE) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

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 has given negative returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

Click here for Eimco Elecon charts

Click here for further forecast and predictions for tomorrow

Daily charts

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Daily chart
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