Overall Technical outlook

Price Summary

On 2025-10-17, Elecon Engineering Company Limited's stock opened at 540.05, peaked at 543.1, hit a low of 536.0, and closed 0.25% up at 541.4, with 311152 shares changing hands.
The stock's highest price over the 52-week span is 705.4, while the lowest price is 388.4.

Technicals


Aroon: The current reading of the AROON is neutral for ELECON, with no clear signals for an upward or downward trend. This indicates that the market may be in a state of uncertainty, with no dominant force driving the direction.
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Aroon chart for Elecon Engineering Company Limited


Bol. Bands: The BOLL BANDS is showing a neutral reading, with no clear direction indicated for upward or downward movement. This neutral position suggests a possible period of consolidation.
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Bolinger Bands chart for Elecon Engineering Company Limited


Parabolic SAR: The PSAR maintains a bearish stance, establishing a resistance level that could act as a barrier to any upward trends. This ongoing bearish outlook suggests that the market may continue to face resistance, keeping prices in check.
ELECON psar 45d20f
Parabolic Stop and Reverse chart for Elecon Engineering Company Limited


Stochastic: The stochastic indicator reflects a bullish outlook with the K-line above the D-line and below 20, signaling the likely start of a bullish move. This setup suggests that the market may be beginning to rise from a low level, potentially leading to an uptrend. Traders might interpret this as a positive entry signal.
ELECON stoch 45d20f
Stochastic chart for Elecon Engineering Company Limited


Tripple Moving Agerage: The Tripple MOVING AVG is currently neutral, showing no clear bias toward a rising or falling trend. This lack of directional clarity suggests that the market may be in a holding pattern, awaiting further developments.
ELECON trippleSMA 45d20f
Tripple SMA chart for Elecon Engineering Company Limited


To properly assess the technical data of a company, it's important to first look at its fundamentals, such as its earnings, growth potential, and management effectiveness. Equally, understanding the industry trends, competition, and external economic factors that influence the company is vital. This holistic view helps draw meaningful conclusions about the company's technical performance, allowing investors to better gauge its stock price behavior, volatility, and market trends.