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(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 2025-08-21 View latest technical analysis

10 day averaged volume of Elecon Engineering is 278619

Date	Daily Closing Price	Open	High	Low	Volume
21 Thu Aug 2025	564.10	578.95	579.75	563.35	0.754 times
20 Wed Aug 2025	577.30	575.30	583.55	569.40	0.939 times
19 Tue Aug 2025	575.30	562.50	576.45	557.70	1.289 times
18 Mon Aug 2025	562.50	559.00	564.95	550.25	0.885 times
14 Thu Aug 2025	552.50	569.95	570.35	550.00	0.751 times
13 Wed Aug 2025	567.80	545.45	571.50	545.15	1.733 times
12 Tue Aug 2025	545.45	544.90	547.10	538.00	0.745 times
11 Mon Aug 2025	541.60	535.00	545.70	535.00	0.906 times
08 Fri Aug 2025	541.05	554.00	559.30	535.00	0.867 times
07 Thu Aug 2025	553.50	560.00	561.35	548.00	1.106 times

My analysis of stock is bearish for shortterm, and stock might move down till 552.6 or till 537.2. Use a stoploss of 565.48 and if the stock hits stoploss, then it can shoot up till 578.33

Share price targets for Elecon Engineering (ELECON)

Target Type	Value
Downside Target	387.00
Downside Target	535.00
Upside Target	571.50
Upside Target	583.55
Upside Target	587.20
Upside Target	612.15
Upside Target	624.10
Upside Target	683.00
Upside Target	701.50
Upside Target	716.25

Intraday share price targets for Elecon Engineering (ELECON)

Target Type	Value
Downside Intraday Target	548.38
Downside Intraday Target	532.67
Upside Intraday Target	581.68
Upside Intraday Target	599.27
Upside Intraday Target	565.97

Weekly technical analysis of Elecon Engineering (ELECON)

Date	Weekly Closing Price	Open	High	Low	Volume
21 Thu Aug 2025	564.10	559.00	583.55	550.25	0.935 times
14 Thu Aug 2025	552.50	535.00	571.50	535.00	0.904 times
08 Fri Aug 2025	541.05	562.60	578.70	535.00	0.707 times
01 Fri Aug 2025	563.65	577.05	587.20	560.00	1.03 times
25 Fri Jul 2025	577.05	601.00	612.15	575.00	0.505 times

Price has moved up 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
21 Thu Aug 2025	564.10	569.80	583.55	535.00	0.21 times
31 Thu Jul 2025	570.25	658.00	683.00	560.00	1.337 times
30 Mon Jun 2025	654.70	664.00	716.25	624.10	0.634 times
30 Fri May 2025	664.00	544.90	701.50	542.55	0.994 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 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 Elecon Engineering ( (ELECON) ) based on a short to mid term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 BUY. Signal strength is Weak and stock is losing momentum.

MACD generated a BUY signal for Elecon Engineering in short term but the buy signal is initial and weak.

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

Elecon Engineering 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 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 but SELL signal is weak.

RSI is generating a SELL signal in short term and selling is picking up 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 559.81 and Elecon Engineering (ELECON) 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 Elecon Engineering (ELECON) stock. Volume based technical analysis of Elecon Engineering (ELECON) stock is negative.

Elecon Engineering Stock is giving positive 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.