(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)
Showing technical analysis as on 2021-08-31 View latest technical analysis
10 day averaged volume of Eros Media is 70124
| Date | Daily Closing Price | Open | High | Low | Volume |
| 31 Tue Aug 2021 | 17.45 | 18.15 | 18.40 | 17.20 | 1.448 times |
| 30 Mon Aug 2021 | 17.95 | 17.85 | 18.00 | 17.15 | 0.485 times |
| 27 Fri Aug 2021 | 17.45 | 18.00 | 18.50 | 17.30 | 1.198 times |
| 26 Thu Aug 2021 | 17.95 | 18.50 | 18.50 | 17.75 | 0.504 times |
| 25 Wed Aug 2021 | 18.00 | 18.00 | 18.25 | 17.80 | 0.557 times |
| 24 Tue Aug 2021 | 17.65 | 17.25 | 18.05 | 16.60 | 1.476 times |
| 23 Mon Aug 2021 | 17.25 | 18.60 | 18.60 | 17.25 | 0.745 times |
| 20 Fri Aug 2021 | 18.15 | 18.80 | 19.00 | 17.85 | 1.302 times |
| 18 Wed Aug 2021 | 18.65 | 19.00 | 19.05 | 18.35 | 0.939 times |
| 17 Tue Aug 2021 | 19.05 | 20.20 | 20.20 | 19.05 | 1.886 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 17.5, but if it comes above 17.5, then a intra day buy could be more profitable.
If you take a sell trade below 17.5, then use 17.5 as stoploss and 15.2 as target. However if you take a buy trade in stock , then use 17.5 as stoploss and 19.48 as target.
Share price targets for Eros Media (ErosMedia)
| Target Type | Value |
| Downside Target | 16.60 |
| Downside Target | 17.15 |
| Upside Target | 17.85 |
| Upside Target | 18.40 |
| Upside Target | 19.75 |
| Upside Target | 20.85 |
| Upside Target | 21.75 |
| Upside Target | 22.80 |
| Upside Target | 25.35 |
| Upside Target | 26.20 |
| Upside Target | 26.55 |
| Upside Target | 29.55 |
| Upside Target | 32.95 |
| Upside Target | 36.95 |
Intraday share price targets for Eros Media (ErosMedia)
| Target Type | Value |
| Downside Intraday Target | 16.93 |
| Downside Intraday Target | 16.42 |
| Upside Intraday Target | 18.18 |
| Upside Intraday Target | 18.92 |
| Upside Intraday Target | 17.67 |
Weekly technical analysis of Eros Media (ErosMedia)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 31 Tue Aug 2021 | 17.45 | 17.85 | 18.40 | 17.15 | 0.432 times |
| 27 Fri Aug 2021 | 17.45 | 18.60 | 18.60 | 16.60 | 0.89 times |
| 20 Fri Aug 2021 | 18.15 | 21.75 | 21.75 | 17.85 | 0.39 times |
| 13 Fri Aug 2021 | 20.75 | 22.00 | 22.00 | 18.50 | 1.357 times |
| 06 Fri Aug 2021 | 21.30 | 24.95 | 25.35 | 20.85 | 1.063 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 Eros Media (ErosMedia)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 31 Tue Aug 2021 | 17.45 | 24.95 | 25.35 | 16.60 | 0.667 times |
| 30 Fri Jul 2021 | 24.85 | 27.30 | 29.55 | 22.80 | 1.853 times |
| 30 Wed Jun 2021 | 26.80 | 30.85 | 32.95 | 26.20 | 0.648 times |
| 31 Mon May 2021 | 30.30 | 20.60 | 36.95 | 19.75 | 4.278 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, 29, 35 | Sell |
| MACD | -3, -3 | Buy |
| Stochastics | 22 | Sell |
| CCI | -60 | Sell |
| RSI | 57 | Buy |
| OBV | -1650935 | Sell |
| VWAP | 18 | Sell |
| ADL | 0 | Sell |
| ROC | -13 | Sell |
| Force Index | 0 | Sell |
Price action analysis of Eros Media ( (ErosMedia) ) based on a short 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 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 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 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 Eros Media stock for short term is SELL. Signal strength is Strong and stock is losing momentum.
MACD generated a BUY signal for Eros Media in short term but the buy signal is initial and weak.
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 getting stronger in this stock.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Eros Media 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 positive zone. This is a BUY zone
Stock of Eros Media is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 18.02 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.
Click here for Eros Media charts
Click here for further forecast and predictions for tomorrow