(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 2024-03-12 View latest technical analysis
10 day averaged volume of Eicher Motor is 13744
| Date | Daily Closing Price | Open | High | Low | Volume |
| 12 Tue Mar 2024 | 3810.60 | 3785.00 | 3854.05 | 3770.25 | 0.547 times |
| 11 Mon Mar 2024 | 3781.40 | 3781.15 | 3812.00 | 3771.20 | 0.254 times |
| 07 Thu Mar 2024 | 3784.65 | 3795.40 | 3810.00 | 3760.10 | 0.666 times |
| 06 Wed Mar 2024 | 3795.40 | 3795.70 | 3803.00 | 3730.50 | 1.226 times |
| 05 Tue Mar 2024 | 3792.90 | 3759.40 | 3800.90 | 3742.75 | 1.108 times |
| 04 Mon Mar 2024 | 3752.10 | 3868.45 | 3871.10 | 3745.00 | 0.786 times |
| 02 Sat Mar 2024 | 3860.20 | 3879.95 | 3879.95 | 3839.70 | 0.02 times |
| 01 Fri Mar 2024 | 3843.25 | 3799.45 | 3869.35 | 3778.00 | 1.049 times |
| 29 Thu Feb 2024 | 3793.00 | 3850.05 | 3890.30 | 3760.05 | 1.236 times |
| 28 Wed Feb 2024 | 3865.45 | 4014.95 | 4016.55 | 3855.00 | 2.285 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 3792.5 as stoploss in an intra day buy trade for a target of 3861.14. However, stock will show a bearish move below 3792.5.
Share price targets for Eicher Motor (EicherMotor)
| Target Type | Value |
| Downside Target | 3272.35 |
| Downside Target | 3564.00 |
| Downside Target | 3729.05 |
| Upside Target | 3879.95 |
| Upside Target | 3920.00 |
| Upside Target | 3969.60 |
| 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 | 3769.22 |
| Downside Intraday Target | 3727.83 |
| Upside Intraday Target | 3853.02 |
| Upside Intraday Target | 3895.43 |
| Upside Intraday Target | 3811.63 |
Weekly technical analysis of Eicher Motor (EicherMotor)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 12 Tue Mar 2024 | 3810.60 | 3781.15 | 3854.05 | 3770.25 | 0.212 times |
| 07 Thu Mar 2024 | 3784.65 | 3868.45 | 3871.10 | 3730.50 | 0.584 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 |
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 |
| 12 Tue Mar 2024 | 3810.60 | 3799.45 | 3879.95 | 3730.50 | 0.149 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 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)
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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 losing momentum.
MACD generated a SELL signal for Eicher Motor in short term and the sell 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 LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
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 buy signal for Eicher Motor in short term but BUY signal is weak.
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 3813.86 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 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 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 losing momentum.
MACD generated a SELL signal for Eicher Motor in short term and the sell 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 LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
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 buy signal for Eicher Motor in short term but BUY signal is weak.
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 3813.86 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 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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