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(EimcoElecon) Eimco Elecon complete technical analysis [charts+indicators] | Buy/Sell Eimco Elecon | (EimcoElecon) share price targets

Complete technical analysis of Eimco Elecon (EimcoElecon) by charts plus indicators, forecast predictions and share price targets for Eimco Elecon (EimcoElecon)

10 day averaged volume of Eimco Elecon is 2469

Date Daily Closing Price Open High Low Volume
07 Tue May 2024 2087.95 2179.95 2179.95 2060.00 0.267 times
06 Mon May 2024 2148.60 2052.00 2150.00 2039.00 0.928 times
03 Fri May 2024 2145.95 2233.35 2290.00 2080.10 0.946 times
02 Thu May 2024 2189.55 2199.95 2298.10 2149.55 0.891 times
30 Tue Apr 2024 2245.55 2414.00 2414.00 2244.60 1.969 times

My analysis of stock is bullish for shortterm, and stock might move up till 2198 or till 2430.6. Use a stoploss of 2004.11 and if this stock hits its stoploss, then it can fall down till 1810.26

Share price targets for Eimco Elecon (EimcoElecon)

Target Type Value
Downside Target 1280.00
Downside Target 1370.15
Downside Target 1538.60
Downside Target 1574.00
Downside Target 1635.00
Downside Target 1700.00
Downside Target 1899.00
Downside Target 1995.00
Downside Target 2039.00
Downside Target 2080.10
Upside Target 2179.95
Upside Target 2265.95
Upside Target 2298.10
Upside Target 2414.00

Intraday share price targets for Eimco Elecon (EimcoElecon)

Target Type Value
Downside Intraday Target 2024.65
Downside Intraday Target 1961.35
Upside Intraday Target 2165.6
Upside Intraday Target 2243.25
Upside Intraday Target 2102.3

Weekly technical analysis of Eimco Elecon (EimcoElecon)

Date Weekly Closing Price Open High Low Volume
07 Tue May 2024 2087.95 2052.00 2179.95 2039.00 0.22 times
03 Fri May 2024 2145.95 2379.20 2414.00 2080.10 1.491 times
26 Fri Apr 2024 2265.95 2020.00 2265.95 1995.00 1.456 times
19 Fri Apr 2024 1923.85 1760.00 1923.85 1635.00 1.82 times
12 Fri Apr 2024 1757.90 1883.55 1899.00 1732.05 0.121 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 Eimco Elecon (EimcoElecon)

Date Monthly Closing Price Open High Low Volume
07 Tue May 2024 2087.95 2199.95 2298.10 2039.00 0.135 times
30 Tue Apr 2024 2245.55 1557.90 2414.00 1538.60 3.859 times
28 Thu Mar 2024 1522.10 1337.80 1580.50 1301.20 0.766 times
29 Thu Feb 2024 1302.40 1439.95 1574.00 1280.00 0.931 times

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 Eimco Elecon (EimcoElecon)

Indicator Name Indicator Value Indicator Signal
ADX 27, 22, 12 Buy
MACD 275, 286Sell
Stochastics 35None
CCI -59Sell
RSI 60Buy
OBV 2147Sell
VWAP 2187Sell
ADL 0Sell
ROC 3Buy
Force Index 0Sell

Price action analysis of Eimco Elecon ( (EimcoElecon) ) 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 Eimco Elecon ( (EimcoElecon) ) 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 Eimco Elecon ( (EimcoElecon) ) 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 Eimco Elecon ( (EimcoElecon) ) 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 Eimco Elecon stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.

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

Eimco Elecon 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 red color and prices are in or above the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Eimco Elecon 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 positive zone. This is a BUY zone

Stock of Eimco Elecon is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 2187.47 and Eimco Elecon (EimcoElecon) 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 Eimco Elecon (EimcoElecon) stock. Volume based technical analysis of Eimco Elecon (EimcoElecon) stock is negative.

Eimco Elecon 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.

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