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 2025-07-08 View latest technical analysis

10 day averaged volume of Elecon Engineering is 751336

Date	Daily Closing Price	Open	High	Low	Volume
08 Tue Jul 2025	640.25	648.00	650.90	630.00	0.427 times
07 Mon Jul 2025	646.60	648.20	656.50	638.85	0.373 times
04 Fri Jul 2025	646.10	644.15	650.95	640.45	0.376 times
03 Thu Jul 2025	642.25	651.00	652.40	640.10	0.353 times
02 Wed Jul 2025	650.85	636.00	663.00	632.20	1.553 times
01 Tue Jul 2025	633.75	658.00	661.00	632.00	0.903 times
30 Mon Jun 2025	654.70	657.00	672.00	638.05	0.963 times
27 Fri Jun 2025	653.35	630.00	660.80	626.00	3.008 times
26 Thu Jun 2025	626.40	642.30	647.00	625.00	0.869 times
25 Wed Jun 2025	639.10	632.70	653.00	632.50	0.773 times

My analysis of stock is bearish for shortterm, and stock might move down till 631.9 or till 613.5. Use a stoploss of 647.11 and if the stock hits stoploss, then it can shoot up till 662.37

Share price targets for Elecon Engineering (ELECON)

Target Type	Value
Downside Target	376.95
Downside Target	387.00
Downside Target	494.40
Downside Target	542.55
Downside Target	572.55
Downside Target	624.10
Upside Target	656.50
Upside Target	663.00
Upside Target	672.00
Upside Target	676.25
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	628
Downside Intraday Target	615.75
Upside Intraday Target	654.5
Upside Intraday Target	668.75
Upside Intraday Target	642.25

Weekly technical analysis of Elecon Engineering (ELECON)

Date	Weekly Closing Price	Open	High	Low	Volume
08 Tue Jul 2025	640.25	648.20	656.50	630.00	0.193 times
04 Fri Jul 2025	646.10	657.00	672.00	632.00	0.714 times
27 Fri Jun 2025	653.35	626.60	660.80	624.10	2.101 times
20 Fri Jun 2025	633.00	668.10	676.25	626.30	0.848 times
13 Fri Jun 2025	669.70	695.00	704.50	641.80	0.684 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
08 Tue Jul 2025	640.25	658.00	663.00	630.00	0.227 times
30 Mon Jun 2025	654.70	664.00	716.25	624.10	0.634 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

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 neutral. A longer time frame might give a better analysis.

Price action analysis of Elecon Engineering ( (ELECON) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Elecon Engineering ( (ELECON) ) based on a short to mid term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 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 SELL signal in short term but selling is losing momentum.

MRSI is in positive zone. This is a BUY 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 646.11 and Elecon Engineering (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 Elecon Engineering (ELECON) stock. Volume based technical analysis of Elecon Engineering (ELECON) stock is negative.

Elecon Engineering Stock is giving positive 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.