EleconEngineering ELECON full analysis,charts,indicators,moving averages,SMA,DMA,EMA,ADX,MACD,RSI

Elecon Engineering ELECON WideScreen charts, DMA,SMA,EMA technical analysis, forecast prediction, by indicators ADX,MACD,RSI,CCI NSE stock exchange

operates under Industrial Machinery sector

Daily price and charts and targets EleconEngineering

Strong Daily Stock price targets for EleconEngineering ELECON are 1110.38 and 1135.83

Daily Target 1	1105.1
Daily Target 2	1115.65
Daily Target 3	1130.55
Daily Target 4	1141.1
Daily Target 5	1156

Daily price and volume Elecon Engineering

Date	Closing	Open	Range	Volume
Fri 26 April 2024	1126.20 (-1.38%)	1131.00	1120.00 - 1145.45	0.2874 times
Thu 25 April 2024	1142.00 (-0.57%)	1149.90	1130.05 - 1159.50	0.3305 times
Wed 24 April 2024	1148.50 (1.96%)	1137.00	1132.00 - 1170.00	0.5828 times
Tue 23 April 2024	1126.45 (-2.53%)	1177.70	1113.35 - 1178.00	0.7881 times
Mon 22 April 2024	1155.70 (-0.9%)	1235.00	1141.10 - 1245.00	2.0699 times
Fri 19 April 2024	1166.25 (9.92%)	1048.00	1030.00 - 1197.95	4.1433 times
Thu 18 April 2024	1061.00 (4.59%)	1027.70	1025.00 - 1070.00	0.74 times
Tue 16 April 2024	1014.40 (2.65%)	988.25	988.25 - 1021.95	0.324 times
Mon 15 April 2024	988.25 (1.67%)	975.90	968.00 - 1023.00	0.5064 times
Fri 12 April 2024	972.00 (-2.7%)	1004.35	970.00 - 1008.10	0.2276 times
Wed 10 April 2024	998.95 (-0.23%)	1005.50	988.65 - 1019.20	0.1122 times

Daily chart EleconEngineering

Weekly price and charts EleconEngineering

Strong weekly Stock price targets for EleconEngineering ELECON are 1053.95 and 1185.6

Weekly Target 1	1029.87
Weekly Target 2	1078.03
Weekly Target 3	1161.5166666667
Weekly Target 4	1209.68
Weekly Target 5	1293.17

Weekly price and volumes for Elecon Engineering

Date	Closing	Open	Range	Volume
Fri 26 April 2024	1126.20 (-3.43%)	1235.00	1113.35 - 1245.00	1.6966 times
Fri 19 April 2024	1166.25 (19.98%)	975.90	968.00 - 1197.95	2.3884 times
Fri 12 April 2024	972.00 (-3.31%)	1015.10	970.00 - 1032.10	0.3545 times
Fri 05 April 2024	1005.25 (5.96%)	958.35	954.75 - 1015.45	0.3401 times
Thu 28 March 2024	948.75 (3.1%)	920.25	905.40 - 974.40	0.4426 times
Fri 22 March 2024	920.25 (5.42%)	870.00	825.00 - 924.70	0.6383 times
Fri 15 March 2024	872.95 (-9.29%)	962.35	790.30 - 963.00	2.3201 times
Thu 07 March 2024	962.35 (-3.66%)	999.45	930.45 - 1001.55	0.4309 times
Sat 02 March 2024	998.90 (-1.96%)	1024.00	911.00 - 1025.95	0.8677 times
Fri 23 February 2024	1018.90 (-0.13%)	1030.40	986.05 - 1059.90	0.5207 times
Fri 16 February 2024	1020.20 (0.6%)	1014.15	971.35 - 1063.95	0.4916 times

weekly chart EleconEngineering

Monthly price and charts EleconEngineering

Strong monthly Stock price targets for EleconEngineering ELECON are 1040.48 and 1330.73

Monthly Target 1	818.4
Monthly Target 2	972.3
Monthly Target 3	1108.65
Monthly Target 4	1262.55
Monthly Target 5	1398.9

Monthly price and volumes Elecon Engineering

Date	Closing	Open	Range	Volume
Fri 26 April 2024	1126.20 (18.7%)	958.35	954.75 - 1245.00	0.7943 times
Thu 28 March 2024	948.75 (-5.33%)	998.90	790.30 - 1009.80	0.6506 times
Thu 29 February 2024	1002.15 (-8.95%)	1106.15	911.00 - 1109.20	0.4606 times
Wed 31 January 2024	1100.60 (18.73%)	932.95	905.00 - 1122.00	1.3477 times
Fri 29 December 2023	926.95 (-1.69%)	948.00	857.55 - 984.00	0.6261 times
Thu 30 November 2023	942.90 (11.72%)	850.85	850.80 - 989.80	1.3026 times
Tue 31 October 2023	844.00 (9.14%)	774.00	713.25 - 850.00	0.9589 times
Fri 29 September 2023	773.35 (-12.42%)	885.00	692.15 - 983.00	1.2677 times
Thu 31 August 2023	883.00 (16.55%)	757.85	756.00 - 886.05	0.9227 times
Mon 31 July 2023	757.60 (29.65%)	588.35	587.35 - 781.90	1.6689 times
Fri 30 June 2023	584.35 (10.5%)	529.00	529.00 - 596.95	0.6558 times

monthly chart EleconEngineering

Indicator Analysis of EleconEngineering

Tomorrow's movement Prediction of Elecon Engineering ELECON appears to be in uptrend. But this trend seems to be weakening.

Price is above an important level of 1087.48 on charts, and as long as price remains above this level, the uptrend of stock might continue.

Tomorrow's movement Prediction of Elecon Engineering ELECON made a big move recently. This generally happens when there is a positive sentiment change, or a block deal went through. There is a good chance that this trend might continue in coming days.

Munafa value: 65 as on Fri 26 April 2024

This Munafa value indicates that the stock is moving sideways and there is no definite momentum in the stock.

SMA20 is at 1038 and price is deviating by 74 points

Upper Bollinger band is at 1186 and lower is at 890, while middle bands are at 964 and 1112

Price is coming down

Price is above 20day SMA

Price is in upper range of bands

Price action analysis of EleconEngineering (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.

ADX buy sell signal for EleconEngineering stock for short term is BUY. Signal strength is Strong and stock is losing momentum.

MACD generated a BUY signal for EleconEngineering in short term and the buy signal is strong.

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

EleconEngineering 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 in or below the green cloud Prices appear to be coming down

CCI has generated a SELL signal for EleconEngineering in short term but SELL signal is weak.

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in negative zone. This is the SELL zone

Stock of EleconEngineering is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 1131.8 and EleconEngineering ELECON stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.

People seem to be coming out and selling the EleconEngineering ELECON stock. Volume based technical analysis of EleconEngineering ELECON stock is negative.

EleconEngineering Stock is giving positive 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.

DMA SMA EMA moving averages of Elecon Engineering ELECON

DMA (daily moving average) of Elecon Engineering ELECON

DMA period	DMA value
5 day DMA	1139.77
12 day DMA	1075.08
20 day DMA	1037.53
35 day DMA	978.57
50 day DMA	986.03
100 day DMA	984.73
150 day DMA	933.28
200 day DMA	899.17

EMA (exponential moving average) of Elecon Engineering ELECON

EMA period	EMA current	EMA prev	EMA prev2
5 day EMA	1127.3	1127.85	1120.77
12 day EMA	1087.47	1080.43	1069.24
20 day EMA	1053.19	1045.51	1035.36
35 day EMA	1028.36	1022.6	1015.57
50 day EMA	1004.77	999.82	994.02

SMA (simple moving average) of Elecon Engineering ELECON

SMA period	SMA current	SMA prev	SMA prev2
5 day SMA	1139.77	1147.78	1131.58
12 day SMA	1075.08	1066.55	1055.15
20 day SMA	1037.53	1028.38	1017.29
35 day SMA	978.57	974.93	970.58
50 day SMA	986.03	983.21	980.65
100 day SMA	984.73	982.89	980.6
150 day SMA	933.28	930.85	928.45
200 day SMA	899.17	896.74	894.21

Fundamentals, profit and EPS of Elecon Engineering ELECON

EPS is 28.51 and PE is: 39.5

Last quarter profit: (February 2024 quarter) 90.40 crores (44.09%)

Debt: 45.48 in crores

Market capitalization: 11446.64

EPS is 26.04 and PE is: 43.25

Last quarter profit: (September 2023 quarter) 88.57 crores (36.05%)

Debt: 45.48 in crores

Market capitalization: 10445.13