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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 834

Date Daily Closing Price Open High Low Volume
19 Tue Nov 2024 2333.45 2381.55 2393.50 2284.55 0.765 times
18 Mon Nov 2024 2316.60 2335.00 2415.95 2305.35 1.181 times
14 Thu Nov 2024 2405.05 2354.80 2449.00 2344.05 1.522 times
13 Wed Nov 2024 2354.80 2403.05 2404.00 2314.30 1.964 times
12 Tue Nov 2024 2403.10 2451.25 2494.60 2376.75 0.674 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 2283.3, for a target of 2419.8 or 2533.55

Share price targets for Eimco Elecon (EimcoElecon)

Target Type Value
Downside Target 2284.55
Upside Target 2415.95
Upside Target 2603.00
Upside Target 2687.45
Upside Target 2850.00
Upside Target 2891.00
Upside Target 3251.00
Upside Target 3256.90
Upside Target 3394.75
Upside Target 3465.00

Intraday share price targets for Eimco Elecon (EimcoElecon)

Target Type Value
Downside Intraday Target 2273.35
Downside Intraday Target 2213.25
Upside Intraday Target 2404.75
Upside Intraday Target 2476.05
Upside Intraday Target 2344.65

Weekly technical analysis of Eimco Elecon (EimcoElecon)

Date Weekly Closing Price Open High Low Volume
19 Tue Nov 2024 2333.45 2335.00 2415.95 2284.55 0.373 times
14 Thu Nov 2024 2405.05 2503.05 2538.25 2314.30 1.349 times
08 Fri Nov 2024 2541.90 2891.00 2891.00 2522.00 0.793 times
01 Fri Nov 2024 2670.25 2625.00 2687.45 2486.90 0.535 times
25 Fri Oct 2024 2572.30 2850.00 2850.00 2451.25 0.87 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
19 Tue Nov 2024 2333.45 2661.45 2891.00 2284.55 0.392 times
31 Thu Oct 2024 2609.25 2917.00 3394.75 2451.25 0.971 times
30 Mon Sep 2024 2839.30 3101.50 3256.90 2651.55 0.944 times
30 Fri Aug 2024 2954.15 3251.00 3251.00 2603.00 0.583 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 15, 26, 27 Sell
MACD -219, -189Sell
Stochastics 10Sell
CCI -88Sell
RSI 45Sell
OBV -4705Sell
VWAP 2438Sell
ADL 0Sell
ROC -11Sell
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 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Eimco Elecon stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

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

Eimco Elecon Stock is trading near its recent LOWS in short term which reflects strong selling momentum. 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 SELL signal for Eimco Elecon in short term and SELL signal is strong!

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 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 2438.28 and Eimco Elecon (EimcoElecon) 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 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 negative.

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

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