(EicherMotor) Eicher Motor complete technical analysis [charts+indicators] | Buy/Sell Eicher Motor | (EicherMotor) share price targets
Complete technical analysis of Eicher Motor (EicherMotor) by charts plus indicators, forecast predictions and share price targets for Eicher Motor (EicherMotor)
Showing technical analysis as on 2021-09-15 View latest technical analysis
10 day averaged volume of Eicher Motor is 62088
|Date||Daily Closing Price||Open||High||Low||Volume|
|15 Wed Sep 2021||2841.80||2830.00||2850.10||2802.20||0.231 times|
|14 Tue Sep 2021||2819.80||2800.00||2869.55||2800.00||0.508 times|
|13 Mon Sep 2021||2804.75||2808.10||2812.00||2778.05||0.305 times|
|09 Thu Sep 2021||2818.35||2817.60||2830.55||2773.25||0.274 times|
|08 Wed Sep 2021||2799.80||2817.95||2817.95||2763.65||0.376 times|
|07 Tue Sep 2021||2822.90||2854.00||2880.00||2810.00||0.331 times|
|06 Mon Sep 2021||2843.30||2803.15||2887.80||2803.15||0.672 times|
|03 Fri Sep 2021||2801.45||2739.95||2856.00||2718.30||2.07 times|
|02 Thu Sep 2021||2733.55||2703.05||2747.00||2679.65||0.633 times|
|01 Wed Sep 2021||2701.15||2679.50||2765.00||2674.25||3.978 times|
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 2806.6, but if it comes below 2806.6, then a intra day sell could be more profitable.
If you take a sell trade below 2806.6, then use 2806.6 as stoploss and 2687.29 as target. However if you take a buy trade in stock , then use 2806.6 as stoploss and 2949.9 as target.
Share price targets for Eicher Motor (EicherMotor)
Intraday share price targets for Eicher Motor (EicherMotor)
|Downside Intraday Target||2790.05|
|Downside Intraday Target||2738.3|
|Upside Intraday Target||2881.55|
|Upside Intraday Target||2921.3|
|Downside Intraday Target||2829.8|
Weekly technical analysis of Eicher Motor (EicherMotor)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|15 Wed Sep 2021||2841.80||2808.10||2869.55||2778.05||0.632 times|
|09 Thu Sep 2021||2818.35||2803.15||2887.80||2763.65||0.213 times|
|03 Fri Sep 2021||2801.45||2584.90||2856.00||2545.15||5.432 times|
|27 Fri Aug 2021||2573.40||2600.30||2621.05||2519.50||0.253 times|
|20 Fri Aug 2021||2600.30||2541.50||2631.10||2471.85||0.574 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 Eicher Motor (EicherMotor)
|Date||Monthly Closing Price||Open||High||Low||Volume|
|15 Wed Sep 2021||2841.80||2679.50||2887.80||2674.25||0.415 times|
|31 Tue Aug 2021||2679.50||2550.00||2767.95||2471.85||2.604 times|
|30 Fri Jul 2021||2531.50||2677.00||2764.75||2510.00||0.564 times|
|30 Wed Jun 2021||2670.10||2630.00||2796.95||2630.00||1.6 times|
Scroll below to view daily charts
Price has moved up 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 Eicher Motor (EicherMotor)
|Indicator Name||Indicator Value||Indicator Signal|
|ADX||32, 9, 55||Buy|
Price action analysis of Eicher Motor ( (EicherMotor) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Eicher Motor ( (EicherMotor) ) 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 Eicher Motor ( (EicherMotor) ) based on a short to mid 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.
Price action analysis of Eicher Motor ( (EicherMotor) ) 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 Eicher Motor stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a BUY signal for Eicher Motor in short term and the buy signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Eicher Motor Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears 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 buy signal for Eicher Motor in short term and BUY 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
Although the stock is in the BUY zone, but buying might be slowing down
Stock of Eicher Motor is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 2760.6 and Eicher Motor (EicherMotor) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
People seem to be coming out and selling the Eicher Motor (EicherMotor) stock. Volume based technical analysis of Eicher Motor (EicherMotor) stock is negative.
Eicher Motor Stock is giving positive 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.