(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)
10 day averaged volume of Eicher Motor is 14269
| Date | Daily Closing Price | Open | High | Low | Volume |
| 31 Fri Mar 2023 | 2950.15 | 2932.95 | 2963.00 | 2921.00 | 0.884 times |
| 29 Wed Mar 2023 | 2938.35 | 2852.00 | 2948.70 | 2851.55 | 0.829 times |
| 28 Tue Mar 2023 | 2852.15 | 2890.00 | 2896.25 | 2835.95 | 1.061 times |
| 27 Mon Mar 2023 | 2886.15 | 2909.00 | 2920.75 | 2873.65 | 0.399 times |
| 24 Fri Mar 2023 | 2908.95 | 2925.00 | 2930.75 | 2886.10 | 0.491 times |
| 23 Thu Mar 2023 | 2924.25 | 2940.05 | 2950.00 | 2913.70 | 0.551 times |
| 22 Wed Mar 2023 | 2946.65 | 2940.05 | 2967.70 | 2934.20 | 0.474 times |
| 21 Tue Mar 2023 | 2934.35 | 2953.00 | 2974.00 | 2929.35 | 0.546 times |
| 20 Mon Mar 2023 | 2952.35 | 2979.95 | 2980.05 | 2910.00 | 0.693 times |
| 17 Fri Mar 2023 | 2974.50 | 3040.00 | 3052.00 | 2944.25 | 0.658 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 2911.8 as stoploss in an intra day buy trade for a target of 3012.15. However, stock will show a bearish move below 2911.8.
Share price targets for Eicher Motor (EicherMotor)
| Target Type | Value |
| Downside Target | 2835.95 |
| Downside Target | 2944.25 |
| Upside Target | 3060.00 |
| Upside Target | 3217.75 |
| Upside Target | 3221.85 |
| Upside Target | 3276.00 |
| 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 | 2869.73 |
| Downside Intraday Target | 2789.32 |
| Upside Intraday Target | 2996.78 |
| Upside Intraday Target | 3043.42 |
| Downside Intraday Target | 2916.37 |
Weekly technical analysis of Eicher Motor (EicherMotor)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 31 Fri Mar 2023 | 2950.15 | 2909.00 | 2963.00 | 2835.95 | 1.152 times |
| 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 |
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 |
| 31 Fri Mar 2023 | 2950.15 | 3085.05 | 3217.75 | 2835.95 | 0.835 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)
| Indicator Name | Indicator Value | Indicator Signal |
| ADX | 15, 27, 30 | Sell |
| MACD | -135, -134 | Sell |
| Stochastics | 34 | None |
| CCI | 40 | Buy |
| RSI | 56 | Buy |
| OBV | -20562 | Sell |
| VWAP | 2925 | Buy |
| ADL | 0 | Sell |
| ROC | -3 | Sell |
| Force Index | 0 | Sell |
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 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 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 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 2924.86 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 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.
Click here for Eicher Motor charts
Click here for further forecast and predictions for tomorrow