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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.

10 day averaged volume of Elecon Engineering is 673748

Date	Daily Closing Price	Open	High	Low	Volume
29 Thu May 2025	679.15	682.00	690.00	676.05	0.567 times
28 Wed May 2025	677.65	689.80	701.50	669.05	1.21 times
27 Tue May 2025	685.85	673.30	691.05	670.05	0.602 times
26 Mon May 2025	673.30	685.00	689.40	669.10	0.807 times
23 Fri May 2025	681.15	685.00	698.00	678.05	0.769 times
22 Thu May 2025	676.75	678.95	695.30	674.50	0.986 times
21 Wed May 2025	680.55	655.90	683.50	654.30	1.348 times
20 Tue May 2025	655.90	674.00	678.00	654.05	0.487 times
19 Mon May 2025	674.20	663.70	685.80	663.70	0.92 times
16 Fri May 2025	663.25	682.75	687.00	653.20	1.238 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 685.3 as stoploss in an intra day sell trade for a target of 649.91. However, stock will show a bullish move above 685.3.

Share price targets for Elecon Engineering (ELECON)

Target Type	Value
Downside Target	376.95
Downside Target	387.00
Downside Target	410.95
Downside Target	494.40
Downside Target	512.25
Downside Target	529.25
Downside Target	542.55
Downside Target	565.20
Downside Target	630.05
Downside Target	643.50
Downside Target	669.05
Upside Target	687.00
Upside Target	698.00
Upside Target	701.50

Intraday share price targets for Elecon Engineering (ELECON)

Target Type	Value
Downside Intraday Target	664.97
Downside Intraday Target	650.78
Upside Intraday Target	697.42
Upside Intraday Target	715.68
Upside Intraday Target	683.23

Weekly technical analysis of Elecon Engineering (ELECON)

Date	Weekly Closing Price	Open	High	Low	Volume
29 Thu May 2025	679.15	685.00	701.50	669.05	0.706 times
23 Fri May 2025	681.15	663.70	698.00	654.05	0.596 times
16 Fri May 2025	663.25	636.65	687.00	630.05	0.67 times
09 Fri May 2025	622.10	577.90	648.80	565.20	1.122 times
02 Fri May 2025	574.80	520.00	581.45	512.25	0.565 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
29 Thu May 2025	679.15	544.90	701.50	542.55	0.967 times
30 Wed Apr 2025	544.85	448.00	572.55	387.00	1.212 times
28 Fri Mar 2025	449.15	420.05	494.40	376.95	1.689 times
28 Fri Feb 2025	414.20	529.25	529.25	410.95	0.917 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 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 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 Elecon Engineering ( (ELECON) ) 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 Elecon Engineering ( (ELECON) ) 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 Elecon Engineering stock for short term is BUY. Signal strength is Strong and stock is losing momentum.

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

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. 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 moving up

CCI has generated a SELL signal for Elecon Engineering 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 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 675.01 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 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 positive

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