(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 2024-03-12 View latest technical analysis
10 day averaged volume of Elecon Engineering is 216455
Date | Daily Closing Price | Open | High | Low | Volume |
12 Tue Mar 2024 | 870.25 | 930.05 | 952.00 | 859.00 | 1.947 times |
11 Mon Mar 2024 | 942.85 | 962.35 | 963.00 | 921.00 | 1.326 times |
07 Thu Mar 2024 | 962.35 | 945.75 | 965.90 | 930.45 | 0.821 times |
06 Wed Mar 2024 | 942.60 | 981.10 | 982.25 | 933.00 | 1.107 times |
05 Tue Mar 2024 | 981.70 | 998.00 | 999.00 | 976.00 | 0.618 times |
04 Mon Mar 2024 | 991.05 | 999.45 | 1001.55 | 975.40 | 0.514 times |
02 Sat Mar 2024 | 998.90 | 987.00 | 1007.00 | 980.05 | 0.068 times |
01 Fri Mar 2024 | 989.90 | 998.90 | 1009.80 | 986.05 | 0.521 times |
29 Thu Feb 2024 | 1002.15 | 943.40 | 1013.90 | 911.00 | 2.562 times |
28 Wed Feb 2024 | 938.80 | 966.00 | 971.00 | 924.00 | 0.942 times |
Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 897, for a target of 946 or 986.82
Share price targets for Elecon Engineering (ELECON)
Target Type | Value |
Downside Target | 850.80 |
Upside Target | 905.00 |
Upside Target | 930.45 |
Upside Target | 963.00 |
Upside Target | 989.80 |
Upside Target | 1001.55 |
Upside Target | 1009.80 |
Upside Target | 1025.95 |
Upside Target | 1059.90 |
Upside Target | 1063.95 |
Upside Target | 1109.20 |
Upside Target | 1122.00 |
Intraday share price targets for Elecon Engineering (ELECON)
Target Type | Value |
Downside Intraday Target | 831.83 |
Downside Intraday Target | 793.42 |
Upside Intraday Target | 935.83 |
Upside Intraday Target | 1001.42 |
Upside Intraday Target | 897.42 |
Weekly technical analysis of Elecon Engineering (ELECON)
Date | Weekly Closing Price | Open | High | Low | Volume |
12 Tue Mar 2024 | 870.25 | 962.35 | 963.00 | 859.00 | 1.07 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 |
16 Fri Feb 2024 | 1020.20 | 1014.15 | 1063.95 | 971.35 | 0.847 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 |
12 Tue Mar 2024 | 870.25 | 998.90 | 1009.80 | 859.00 | 0.352 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 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 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 neutral. A longer time frame might give a better analysis.
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 is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
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 BUY signal in short term but buying is losing momentum.
MRSI is in negative zone. This is the SELL 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 952.4 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 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 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 neutral. A longer time frame might give a better analysis.
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 is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
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 BUY signal in short term but buying is losing momentum.
MRSI is in negative zone. This is the SELL 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 952.4 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.
Click here for Elecon Engineering charts
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Daily charts
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