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(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 2023-03-20 View latest technical analysis

10 day averaged volume of Eicher Motor is 16643

Date	Daily Closing Price	Open	High	Low	Volume
20 Mon Mar 2023	2952.35	2979.95	2980.05	2910.00	0.594 times
17 Fri Mar 2023	2974.50	3040.00	3052.00	2944.25	0.564 times
16 Thu Mar 2023	3035.40	3009.00	3080.00	2995.85	3.685 times
15 Wed Mar 2023	3008.50	3066.05	3066.05	3000.75	0.18 times
14 Tue Mar 2023	3010.75	3049.95	3049.95	2985.65	0.879 times
13 Mon Mar 2023	3034.60	3121.00	3122.95	3026.60	0.395 times
10 Fri Mar 2023	3115.45	3126.40	3146.35	3095.15	2.396 times
09 Thu Mar 2023	3147.45	3204.10	3217.75	3142.60	0.369 times
08 Wed Mar 2023	3204.05	3160.00	3210.00	3151.00	0.678 times
06 Mon Mar 2023	3166.60	3140.00	3169.10	3131.20	0.552 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 2912.4, for a target of 3029.4 or 3126.9

Share price targets for Eicher Motor (EicherMotor)

Target Type	Value
Downside Target	2910.00
Upside Target	3060.00
Upside Target	3217.75
Upside Target	3221.85
Upside Target	3276.00
Upside Target	3335.45
Upside Target	3347.05
Upside Target	3352.90
Upside Target	3498.00
Upside Target	3886.00

Intraday share price targets for Eicher Motor (EicherMotor)

Target Type	Value
Downside Intraday Target	2914.88
Downside Intraday Target	2877.42
Upside Intraday Target	2984.93
Upside Intraday Target	3017.52
Downside Intraday Target	2947.47

Weekly technical analysis of Eicher Motor (EicherMotor)

Date	Weekly Closing Price	Open	High	Low	Volume
20 Mon Mar 2023	2952.35	2979.95	2980.05	2910.00	0.104 times
17 Fri Mar 2023	2974.50	3121.00	3122.95	2944.25	1.428 times
10 Fri Mar 2023	3115.45	3140.00	3217.75	3095.15	1.401 times
03 Fri Mar 2023	3129.35	3221.85	3221.85	3085.05	0.705 times
24 Fri Feb 2023	3203.85	3285.75	3335.45	3164.45	0.63 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 Eicher Motor (EicherMotor)

Date	Monthly Closing Price	Open	High	Low	Volume
20 Mon Mar 2023	2952.35	3085.05	3217.75	2910.00	0.605 times
28 Tue Feb 2023	3104.60	3220.05	3352.90	3095.00	1.405 times
31 Tue Jan 2023	3266.20	3215.20	3276.00	3060.00	0.795 times
30 Fri Dec 2022	3229.10	3485.00	3498.00	3091.55	0.693 times

Scroll below to view daily charts

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 Eicher Motor (EicherMotor)

Price action analysis of Eicher Motor ( (EicherMotor) ) 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 Eicher Motor ( (EicherMotor) ) 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 Eicher Motor ( (EicherMotor) ) 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 Eicher Motor stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Eicher Motor in short term and the sell signal is strong.

Eicher Motor 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 below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Eicher Motor in short term and SELL signal is strong!

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Eicher Motor is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 3065.46 and Eicher Motor (EicherMotor) 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 Eicher Motor (EicherMotor) stock. Volume based technical analysis of Eicher Motor (EicherMotor) stock is negative.

Eicher Motor 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.