(ErosMedia) Eros Media complete technical analysis [charts+indicators] | Buy/Sell Eros Media | (ErosMedia) share price targets
Complete technical analysis of Eros Media (ErosMedia) by charts plus indicators, forecast predictions and share price targets for Eros Media (ErosMedia)
10 day averaged volume of Eros Media is 52068
|Date||Daily Closing Price||Open||High||Low||Volume|
|17 Tue May 2022||24.90||24.50||24.90||24.05||0.198 times|
|16 Mon May 2022||23.75||24.30||24.50||23.15||0.174 times|
|13 Fri May 2022||23.80||24.85||25.00||23.65||0.808 times|
|12 Thu May 2022||23.85||22.85||24.15||22.70||0.924 times|
|11 Wed May 2022||23.85||24.20||25.75||23.85||1.916 times|
|10 Tue May 2022||25.10||27.40||27.40||24.90||0.484 times|
|09 Mon May 2022||26.20||26.60||27.05||25.85||1.618 times|
|06 Fri May 2022||27.20||26.60||27.50||26.60||1.061 times|
|05 Thu May 2022||27.95||28.90||28.90||27.30||0.775 times|
|04 Wed May 2022||27.60||27.95||29.75||27.35||0.629 times|
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 25.1, but if it comes above 25.1, then a intra day buy could be more profitable.
If you take a sell trade below 25.1, then use 25.1 as stoploss and 21.8 as target. However if you take a buy trade in stock , then use 25.1 as stoploss and 27.78 as target.
Share price targets for Eros Media (ErosMedia)
Intraday share price targets for Eros Media (ErosMedia)
|Downside Intraday Target||23.73|
|Downside Intraday Target||22.57|
|Upside Intraday Target||25.48|
|Upside Intraday Target||26.07|
|Downside Intraday Target||24.32|
Weekly technical analysis of Eros Media (ErosMedia)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|17 Tue May 2022||24.90||24.30||24.90||23.15||0.065 times|
|13 Fri May 2022||23.80||26.60||27.40||22.70||1.411 times|
|06 Fri May 2022||27.20||29.40||29.75||26.60||0.239 times|
|29 Fri Apr 2022||29.10||29.80||32.45||28.70||1.752 times|
|22 Fri Apr 2022||30.20||33.50||34.10||30.00||0.567 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 Eros Media (ErosMedia)
|Date||Monthly Closing Price||Open||High||Low||Volume|
|17 Tue May 2022||24.90||29.40||29.75||22.70||0.145 times|
|29 Fri Apr 2022||29.10||31.00||38.45||28.70||0.999 times|
|31 Thu Mar 2022||31.15||24.25||32.25||23.60||0.554 times|
|28 Mon Feb 2022||24.20||19.45||28.95||19.45||3.839 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 Eros Media (ErosMedia)
|Indicator Name||Indicator Value||Indicator Signal|
|ADX||14, 33, 41||Sell|
Price action analysis of Eros Media ( (ErosMedia) ) 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 Eros Media ( (ErosMedia) ) 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 Eros Media ( (ErosMedia) ) 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 Eros Media ( (ErosMedia) ) based on a mid to longer term time period is
ADX buy sell signal for Eros Media stock for short term is SELL. Signal strength is Strong and stock is losing momentum.
MACD generated a SELL signal for Eros Media 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.
Eros Media 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 in or above the red cloud Prices appear to be moving up
CCI has generated a buy signal for Eros Media in short term but BUY signal is weak.
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 Eros Media is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 25.44 and Eros Media (ErosMedia) 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 Eros Media (ErosMedia) stock. Volume based technical analysis of Eros Media (ErosMedia) stock is negative.
Eros Media 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.