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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 1291

Date Daily Closing Price Open High Low Volume
20 Mon May 2024 1990.00 2049.00 2049.00 1990.00 0.044 times
17 Fri May 2024 1970.35 2000.00 2000.00 1906.00 0.781 times
16 Thu May 2024 2000.00 2002.00 2049.00 1891.05 1.304 times
15 Wed May 2024 1990.55 2047.95 2089.00 1980.00 0.928 times
14 Tue May 2024 2018.30 2070.00 2074.50 2017.60 0.294 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 1963.8 as stoploss in an intra day buy trade for a target of 2081.82. However, stock will show a bearish move below 1963.8.

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 1700.00
Downside Target 1855.00
Downside Target 1990.00
Upside Target 2049.00
Upside Target 2089.00
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 1970.33
Downside Intraday Target 1950.67
Upside Intraday Target 2029.33
Upside Intraday Target 2068.67
Upside Intraday Target 2009.67

Weekly technical analysis of Eimco Elecon (EimcoElecon)

Date Weekly Closing Price Open High Low Volume
20 Mon May 2024 1990.00 2049.00 2049.00 1990.00 0.012 times
17 Fri May 2024 1970.35 1900.00 2089.00 1886.95 0.439 times
10 Fri May 2024 1886.95 2052.00 2179.95 1855.00 0.785 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

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 Eimco Elecon (EimcoElecon)

Date Monthly Closing Price Open High Low Volume
20 Mon May 2024 1990.00 2199.95 2298.10 1855.00 0.356 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 24, 27, 6 Sell
MACD 110, 148Sell
Stochastics 37None
CCI 11Buy
RSI 55Buy
OBV -8837Sell
VWAP 1961Buy
ADL 0Sell
ROC -7Sell
Force Index 0Sell

Price action analysis of Eimco Elecon ( (EimcoElecon) ) based on a short term time period is

Price action analysis of Eimco Elecon ( (EimcoElecon) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Eimco Elecon ( (EimcoElecon) ) 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 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 SELL. Signal strength is Weak and stock is losing 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 weakening, and bulls are picking up momentum!

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

CCI has generated a buy signal for Eimco Elecon in short term and BUY 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 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 1961.01 and Eimco Elecon (EimcoElecon) 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 Eimco Elecon (EimcoElecon) stock. Volume based technical analysis of Eimco Elecon (EimcoElecon) stock is negative.

Eimco Elecon 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.

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