(ELECON) Elecon Engineering complete technical analysis [charts+indicators] | Buy/Sell Elecon Engineering | (ELECON) share price targets
Complete technical analysis of Elecon Engineering (ELECON) by charts plus indicators, forecast predictions and share price targets for Elecon Engineering (ELECON)
Elecon Engineering trades in NSE in Industrial Machinery sector.
Showing technical analysis as on 2024-03-18 View latest technical analysis
10 day averaged volume of Elecon Engineering is 424215
Date | Daily Closing Price | Open | High | Low | Volume |
18 Mon Mar 2024 | 848.45 | 870.00 | 878.50 | 842.50 | 0.521 times |
15 Fri Mar 2024 | 872.95 | 855.30 | 893.35 | 841.00 | 4.555 times |
14 Thu Mar 2024 | 844.00 | 823.00 | 860.00 | 790.30 | 0.845 times |
13 Wed Mar 2024 | 809.80 | 879.95 | 884.70 | 795.10 | 1.334 times |
12 Tue Mar 2024 | 870.25 | 930.05 | 952.00 | 859.00 | 0.993 times |
11 Mon Mar 2024 | 942.85 | 962.35 | 963.00 | 921.00 | 0.677 times |
07 Thu Mar 2024 | 962.35 | 945.75 | 965.90 | 930.45 | 0.419 times |
06 Wed Mar 2024 | 942.60 | 981.10 | 982.25 | 933.00 | 0.565 times |
05 Tue Mar 2024 | 981.70 | 998.00 | 999.00 | 976.00 | 0.315 times |
04 Mon Mar 2024 | 991.05 | 999.45 | 1001.55 | 975.40 | 0.262 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 885.8, but if it comes above 885.8, then a intra day buy could be more profitable.
If you take a sell trade below 885.8, then use 885.8 as stoploss and 809.8 as target. However if you take a buy trade in stock , then use 885.8 as stoploss and 949.16 as target.
Share price targets for Elecon Engineering (ELECON)
Target Type | Value |
Downside Target | 790.30 |
Downside Target | 842.50 |
Upside Target | 878.50 |
Upside Target | 905.00 |
Upside Target | 930.45 |
Upside Target | 963.00 |
Upside Target | 984.00 |
Upside Target | 1001.55 |
Upside Target | 1009.80 |
Upside Target | 1025.95 |
Upside Target | 1059.90 |
Upside Target | 1109.20 |
Upside Target | 1122.00 |
Intraday share price targets for Elecon Engineering (ELECON)
Target Type | Value |
Downside Intraday Target | 834.47 |
Downside Intraday Target | 820.48 |
Upside Intraday Target | 870.47 |
Upside Intraday Target | 892.48 |
Upside Intraday Target | 856.48 |
Weekly technical analysis of Elecon Engineering (ELECON)
Date | Weekly Closing Price | Open | High | Low | Volume |
18 Mon Mar 2024 | 848.45 | 870.00 | 878.50 | 842.50 | 0.062 times |
15 Fri Mar 2024 | 872.95 | 962.35 | 963.00 | 790.30 | 5.384 times |
07 Thu Mar 2024 | 962.35 | 999.45 | 1001.55 | 930.45 | 0.497 times |
02 Sat Mar 2024 | 998.90 | 1024.00 | 1025.95 | 911.00 | 1.666 times |
23 Fri Feb 2024 | 1018.90 | 1030.40 | 1059.90 | 986.05 | 1.059 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 Elecon Engineering (ELECON)
Date | Monthly Closing Price | Open | High | Low | Volume |
18 Mon Mar 2024 | 848.45 | 998.90 | 1009.80 | 790.30 | 1.075 times |
29 Thu Feb 2024 | 1002.15 | 1106.15 | 1109.20 | 911.00 | 0.342 times |
31 Wed Jan 2024 | 1100.60 | 932.95 | 1122.00 | 905.00 | 2.153 times |
29 Fri Dec 2023 | 926.95 | 948.00 | 984.00 | 857.55 | 0.481 times |
Scroll below to view daily charts
Price has moved down 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 Engineering (ELECON)
Price action analysis of Elecon Engineering ( (ELECON) ) 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 Engineering ( (ELECON) ) 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 Elecon Engineering ( (ELECON) ) 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 Elecon Engineering ( (ELECON) ) 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 Elecon Engineering stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Elecon Engineering in short term and the sell signal is strong.
Elecon Engineering 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. 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 coming down
CCI has generated a SELL signal for Elecon Engineering in short term and SELL signal is strong!
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in positive zone. This is a BUY zone
Stock of Elecon Engineering is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 879.16 and Elecon Engineering (ELECON) 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 Elecon Engineering (ELECON) stock. Volume based technical analysis of Elecon Engineering (ELECON) stock is negative.
Elecon Engineering 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 Elecon Engineering ( (ELECON) ) 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 Engineering ( (ELECON) ) 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 Elecon Engineering ( (ELECON) ) 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 Elecon Engineering ( (ELECON) ) 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 Elecon Engineering stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Elecon Engineering in short term and the sell signal is strong.
Elecon Engineering 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. 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 coming down
CCI has generated a SELL signal for Elecon Engineering in short term and SELL signal is strong!
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in positive zone. This is a BUY zone
Stock of Elecon Engineering is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 879.16 and Elecon Engineering (ELECON) 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 Elecon Engineering (ELECON) stock. Volume based technical analysis of Elecon Engineering (ELECON) stock is negative.
Elecon Engineering 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.
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Daily charts
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