(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 2024-03-05 View latest technical analysis
10 day averaged volume of Eicher Motor is 25250
| Date | Daily Closing Price | Open | High | Low | Volume |
| 05 Tue Mar 2024 | 3792.90 | 3759.40 | 3800.90 | 3742.75 | 0.603 times |
| 04 Mon Mar 2024 | 3752.10 | 3868.45 | 3871.10 | 3745.00 | 0.428 times |
| 02 Sat Mar 2024 | 3860.20 | 3879.95 | 3879.95 | 3839.70 | 0.011 times |
| 01 Fri Mar 2024 | 3843.25 | 3799.45 | 3869.35 | 3778.00 | 0.571 times |
| 29 Thu Feb 2024 | 3793.00 | 3850.05 | 3890.30 | 3760.05 | 0.673 times |
| 28 Wed Feb 2024 | 3865.45 | 4014.95 | 4016.55 | 3855.00 | 1.244 times |
| 27 Tue Feb 2024 | 4002.55 | 3951.75 | 4010.65 | 3951.25 | 0.746 times |
| 26 Mon Feb 2024 | 3951.75 | 3960.25 | 3990.75 | 3897.65 | 0.282 times |
| 23 Fri Feb 2024 | 3925.45 | 3965.55 | 3969.60 | 3914.00 | 0.46 times |
| 22 Thu Feb 2024 | 3953.10 | 3877.35 | 3967.00 | 3845.00 | 1.841 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 3809.7, but if it comes above 3809.7, then a intra day buy could be more profitable.
If you take a sell trade below 3809.7, then use 3809.7 as stoploss and 3735.6 as target. However if you take a buy trade in stock , then use 3809.7 as stoploss and 3871.46 as target.
Share price targets for Eicher Motor (EicherMotor)
| Target Type | Value |
| Downside Target | 3272.35 |
| Downside Target | 3564.00 |
| Downside Target | 3729.05 |
| Upside Target | 3920.00 |
| Upside Target | 3969.60 |
| Upside Target | 3988.25 |
| Upside Target | 4001.75 |
| Upside Target | 4016.55 |
| Upside Target | 4143.05 |
| Upside Target | 4201.70 |
Intraday share price targets for Eicher Motor (EicherMotor)
| Target Type | Value |
| Downside Intraday Target | 3733.4 |
| Downside Intraday Target | 3673.9 |
| Upside Intraday Target | 3861.75 |
| Upside Intraday Target | 3930.6 |
| Upside Intraday Target | 3802.25 |
Weekly technical analysis of Eicher Motor (EicherMotor)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 05 Tue Mar 2024 | 3792.90 | 3868.45 | 3871.10 | 3742.75 | 0.292 times |
| 02 Sat Mar 2024 | 3860.20 | 3960.25 | 4016.55 | 3760.05 | 0.507 times |
| 23 Fri Feb 2024 | 3925.45 | 3930.60 | 3969.60 | 3786.00 | 1.759 times |
| 16 Fri Feb 2024 | 3930.55 | 3859.60 | 4001.75 | 3729.05 | 1.093 times |
| 09 Fri Feb 2024 | 3839.80 | 3899.70 | 3988.25 | 3762.00 | 0.7 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 |
| 05 Tue Mar 2024 | 3792.90 | 3799.45 | 3879.95 | 3742.75 | 0.078 times |
| 29 Thu Feb 2024 | 3793.00 | 3840.60 | 4016.55 | 3729.05 | 1.45 times |
| 31 Wed Jan 2024 | 3840.60 | 4143.05 | 4143.05 | 3564.00 | 0.659 times |
| 29 Fri Dec 2023 | 4143.05 | 3911.00 | 4201.70 | 3850.00 | 1.726 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 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 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 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 getting stronger in this stock.
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be moving up
CCI has generated a SELL signal for Eicher Motor in short term and SELL signal is strong!
RSI is generating a SELL signal in short term and selling is picking up momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling 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 3889.07 and Eicher Motor (EicherMotor) stock is trading below this level. This means that stock is falling with high volumes. 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 has given negative 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.
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 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 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 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 getting stronger in this stock.
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be moving up
CCI has generated a SELL signal for Eicher Motor in short term and SELL signal is strong!
RSI is generating a SELL signal in short term and selling is picking up momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling 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 3889.07 and Eicher Motor (EicherMotor) stock is trading below this level. This means that stock is falling with high volumes. 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 has given negative 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.
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