Stock analysis Elecon Engineering Company Limited ELECON
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Recent prices of ELECON Elecon Engineering Company Limited are as follows: Daily volume is divided by 10 day averaged volume
| Date | Close | Range | Change % | Volume |
| 04 Tue Feb 2025 | 495.40 | 472.65 to 499.95 | 3.13% | 1.36 times |
| 03 Mon Feb 2025 | 480.35 | 477.60 to 529.25 | -9.78% | 1.77 times |
| 31 Fri Jan 2025 | 532.40 | 516.15 to 537.55 | 2.36% | 0.35 times |
| 30 Thu Jan 2025 | 520.15 | 515.10 to 529.05 | 0.46% | 0.44 times |
| 29 Wed Jan 2025 | 517.75 | 511.05 to 549.25 | -0.24% | 0.89 times |
| 28 Tue Jan 2025 | 519.00 | 502.05 to 535.00 | -1.39% | 0.87 times |
| 27 Mon Jan 2025 | 526.30 | 513.10 to 540.00 | -3.3% | 0.53 times |
| 24 Fri Jan 2025 | 544.25 | 540.30 to 569.05 | -4.33% | 0.87 times |
| 23 Thu Jan 2025 | 568.90 | 537.50 to 586.00 | 3.29% | 1.28 times |
| 22 Wed Jan 2025 | 550.80 | 531.90 to 605.20 | -9.05% | 2.64 times |
| 21 Tue Jan 2025 | 605.60 | 602.75 to 613.80 | 0.22% | 0.36 times |
| 20 Mon Jan 2025 | 604.25 | 586.50 to 611.95 | 2.37% | 0.31 times |
Technical analysis forecast for Elecon Engineering Company Limited Stock is that its in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT Elecon Engineering Company Limited ELECON at this time. Stock is falling and might fall more.
It appears as if Elecon Engineering Company Limited ELECON gave a large move recently.
Stock of Elecon Engineering Company Limited (ELECON) is trading below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, stock might keep falling and stock might move lower...
My analysis of Elecon Engineering Company Limited is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if Elecon Engineering Company Limited stays below 510.7, but if it comes above 510.7, then a intra day buy could be more profitable.
If you take a sell trade below 510.7, then use 510.7 as stoploss and 463.6 as target. However if you take a buy trade in Elecon Engineering Company Limited, then use 510.7 as stoploss and 550 as target.