Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2023-03-24 View latest technical analysis

10 day averaged volume of Eicher Motor is 16709

Date	Daily Closing Price	Open	High	Low	Volume
24 Fri Mar 2023	2908.95	2925.00	2930.75	2886.10	0.419 times
23 Thu Mar 2023	2924.25	2940.05	2950.00	2913.70	0.471 times
22 Wed Mar 2023	2946.65	2940.05	2967.70	2934.20	0.405 times
21 Tue Mar 2023	2934.35	2953.00	2974.00	2929.35	0.466 times
20 Mon Mar 2023	2952.35	2979.95	2980.05	2910.00	0.592 times
17 Fri Mar 2023	2974.50	3040.00	3052.00	2944.25	0.562 times
16 Thu Mar 2023	3035.40	3009.00	3080.00	2995.85	3.67 times
15 Wed Mar 2023	3008.50	3066.05	3066.05	3000.75	0.179 times
14 Tue Mar 2023	3010.75	3049.95	3049.95	2985.65	0.875 times
13 Mon Mar 2023	3034.60	3121.00	3122.95	3026.60	0.393 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 2964.7, but if it comes above 2964.7, then a intra day buy could be more profitable.
If you take a sell trade below 2964.7, then use 2964.7 as stoploss and 2850.7 as target. However if you take a buy trade in stock , then use 2964.7 as stoploss and 3059.67 as target.

Share price targets for Eicher Motor (EicherMotor)

Target Type	Value
Downside Target	2886.10
Upside Target	2944.25
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	2870.02
Downside Intraday Target	2831.08
Upside Intraday Target	2963.97
Upside Intraday Target	3018.98
Upside Intraday Target	2925.03

Weekly technical analysis of Eicher Motor (EicherMotor)

Date	Weekly Closing Price	Open	High	Low	Volume
24 Fri Mar 2023	2908.95	2979.95	2980.05	2886.10	0.414 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
24 Fri Mar 2023	2908.95	3085.05	3217.75	2886.10	0.696 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 negative zone. This is the SELL 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 2998.25 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.