(EIMCOELECO_BE) Eimco Elecon complete technical analysis [charts+indicators] | Buy/Sell Eimco Elecon | (EIMCOELECO_BE) share price targets
Complete technical analysis of Eimco Elecon (EIMCOELECO_BE) by charts plus indicators, forecast predictions and share price targets for Eimco Elecon (EIMCOELECO_BE)
10 day averaged volume of Eimco Elecon is 7998
| Date | Daily Closing Price | Open | High | Low | Volume |
| 17 Fri May 2024 | 1978.45 | 1975.95 | 2000.45 | 1940.00 | 0.596 times |
| 16 Thu May 2024 | 1977.85 | 2000.00 | 2055.00 | 1899.80 | 2.693 times |
| 15 Wed May 2024 | 1999.75 | 2050.00 | 2100.00 | 1990.00 | 1.01 times |
| 14 Tue May 2024 | 2013.20 | 2080.85 | 2080.85 | 1980.00 | 0.615 times |
| 13 Mon May 2024 | 1981.80 | 1889.75 | 1990.40 | 1831.00 | 0.843 times |
My analysis of stock is bearish for shortterm, and stock might move down till 1872.5 or till 1704.7. Use a stoploss of 2012.39 and if the stock hits stoploss, then it can shoot up till 2152.26
Share price targets for Eimco Elecon (EIMCOELECO_BE)
| Target Type | Value |
| Downside Target | 1268.50 |
| Downside Target | 1295.00 |
| Downside Target | 1332.10 |
| Downside Target | 1570.00 |
| Downside Target | 1651.10 |
| Downside Target | 1700.00 |
| Downside Target | 1831.00 |
| Downside Target | 1876.90 |
| Downside Target | 1928.90 |
| Upside Target | 2020.25 |
| Upside Target | 2100.00 |
| Upside Target | 2184.85 |
| Upside Target | 2296.00 |
| Upside Target | 2314.35 |
Intraday share price targets for Eimco Elecon (EIMCOELECO_BE)
| Target Type | Value |
| Downside Intraday Target | 1839.63 |
| Downside Intraday Target | 1700.82 |
| Upside Intraday Target | 2108.63 |
| Upside Intraday Target | 2238.82 |
| Downside Intraday Target | 1969.82 |
Weekly technical analysis of Eimco Elecon (EIMCOELECO_BE)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 17 Fri May 2024 | 1978.45 | 1889.75 | 2100.00 | 1831.00 | 1.356 times |
| 10 Fri May 2024 | 1895.65 | 2100.00 | 2184.85 | 1876.90 | 5.195 times |
| 03 Fri May 2024 | 2127.60 | 2296.00 | 2296.00 | 2100.00 | 0.046 times |
| 26 Fri Apr 2024 | 2314.35 | 2025.30 | 2314.35 | 2020.25 | 2.177 times |
| 19 Fri Apr 2024 | 1928.90 | 1701.05 | 1928.90 | 1651.10 | 4.408 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 (EIMCOELECO_BE)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 17 Fri May 2024 | 1978.45 | 2296.00 | 2296.00 | 1831.00 | 0.391 times |
| 26 Fri Apr 2024 | 2314.35 | 1826.30 | 2314.35 | 1651.10 | 14.311 times |
| 01 Fri Mar 2024 | 1315.10 | 1303.00 | 1341.25 | 1295.00 | 0.131 times |
| 29 Thu Feb 2024 | 1300.20 | 1433.55 | 1570.00 | 1268.50 | 1.046 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 (EIMCOELECO_BE)
| Indicator Name | Indicator Value | Indicator Signal |
| ADX | 21, 26, 10 | Sell |
| MACD | 179, 216 | Sell |
| Stochastics | 36 | None |
| CCI | -57 | Sell |
| RSI | 53 | Buy |
| OBV | 80225 | Sell |
| VWAP | 1989 | Sell |
| ADL | 0 | Sell |
| ROC | -7 | Sell |
| Force Index | 0 | Sell |
Price action analysis of Eimco Elecon ( (EIMCOELECO_BE) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Eimco Elecon ( (EIMCOELECO_BE) ) based on a short 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 Eimco Elecon ( (EIMCOELECO_BE) ) 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 ( (EIMCOELECO_BE) ) 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 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 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 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 1988.63 and Eimco Elecon (EIMCOELECO_BE) 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 (EIMCOELECO_BE) stock. Volume based technical analysis of Eimco Elecon (EIMCOELECO_BE) 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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