Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2025-06-16 View latest technical analysis

10 day averaged volume of Elecon Engineering is 602613

Date	Daily Closing Price	Open	High	Low	Volume
16 Mon Jun 2025	669.85	668.10	676.25	651.10	0.566 times
13 Fri Jun 2025	669.70	650.00	677.05	641.80	0.857 times
12 Thu Jun 2025	669.50	686.70	688.95	667.10	0.834 times
11 Wed Jun 2025	682.35	697.65	697.65	672.60	0.611 times
10 Tue Jun 2025	691.80	693.80	704.00	686.05	0.92 times
09 Mon Jun 2025	686.35	695.00	704.50	683.55	0.84 times
06 Fri Jun 2025	694.30	695.00	698.95	682.40	1.045 times
05 Thu Jun 2025	692.40	705.45	715.00	689.10	0.755 times
04 Wed Jun 2025	705.40	693.80	709.00	686.55	0.888 times
03 Tue Jun 2025	689.55	705.00	716.25	686.05	1.539 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 669.2 as stoploss in an intra day buy trade for a target of 681.27. However, stock will show a bearish move below 669.2.

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	529.25
Downside Target	542.55
Downside Target	572.55
Downside Target	641.80
Upside Target	698.00
Upside Target	701.50
Upside Target	704.50
Upside Target	716.25

Intraday share price targets for Elecon Engineering (ELECON)

Target Type	Value
Downside Intraday Target	655.22
Downside Intraday Target	640.58
Upside Intraday Target	680.37
Upside Intraday Target	690.88
Downside Intraday Target	665.73

Weekly technical analysis of Elecon Engineering (ELECON)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Mon Jun 2025	669.85	668.10	676.25	651.10	0.139 times
13 Fri Jun 2025	669.70	695.00	704.50	641.80	0.684 times
06 Fri Jun 2025	694.30	664.00	716.25	664.00	1.323 times
30 Fri May 2025	664.00	685.00	701.50	661.30	0.89 times
23 Fri May 2025	681.15	663.70	698.00	654.05	0.596 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
16 Mon Jun 2025	669.85	664.00	716.25	641.80	0.306 times
30 Fri May 2025	664.00	544.90	701.50	542.55	0.994 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

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 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 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 SELL. Signal strength is Weak 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. Bears are getting stronger in this stock.

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

CCI has generated a buy signal for Elecon Engineering 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 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 686.31 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 positive

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