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(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 17343

Date Daily Closing Price Open High Low Volume
30 Tue Apr 2024 4596.05 4598.95 4689.55 4587.30 1.747 times
29 Mon Apr 2024 4579.20 4596.80 4603.85 4535.00 0.2 times
26 Fri Apr 2024 4597.55 4597.50 4632.75 4575.30 0.683 times
25 Thu Apr 2024 4615.70 4555.55 4628.15 4486.95 0.674 times
24 Wed Apr 2024 4528.90 4553.95 4571.40 4517.45 0.557 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 4535.8, but if it comes below 4535.8, then a intra day sell could be more profitable.
If you take a sell trade below 4535.8, then use 4535.8 as stoploss and 4305 as target. However if you take a buy trade in stock , then use 4535.8 as stoploss and 4812.8 as target.

Share price targets for Eicher Motor (EicherMotor)

Target Type Value
Downside Target 3564.00
Downside Target 3675.00
Downside Target 3850.00
Downside Target 4011.20
Downside Target 4201.70
Downside Target 4375.00
Downside Target 4381.00
Downside Target 4440.90
Downside Target 4535.00
Upside Target 4632.75
Upside Target 4689.55

Intraday share price targets for Eicher Motor (EicherMotor)

Target Type Value
Downside Intraday Target 4524.18
Downside Intraday Target 4452.32
Upside Intraday Target 4678.73
Upside Intraday Target 4761.42
Upside Intraday Target 4606.87

Weekly technical analysis of Eicher Motor (EicherMotor)

Date Weekly Closing Price Open High Low Volume
30 Tue Apr 2024 4596.05 4596.80 4689.55 4535.00 0.557 times
26 Fri Apr 2024 4597.55 4380.30 4632.75 4375.00 0.587 times
19 Fri Apr 2024 4340.80 4220.65 4440.90 4190.70 0.588 times
12 Fri Apr 2024 4304.90 4020.05 4381.00 4011.20 2.589 times
05 Fri Apr 2024 4030.90 4035.65 4069.90 3888.50 1.055 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
30 Tue Apr 2024 4596.05 4035.65 4689.55 3888.50 1.365 times
28 Thu Mar 2024 4019.45 3799.45 4074.95 3675.00 0.62 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

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)

Indicator Name Indicator Value Indicator Signal
ADX 42, 11, 57 Buy
MACD 313, 284Buy
Stochastics 87Buy
CCI 93Buy
RSI 61Buy
OBV 184558Sell
VWAP 4467Buy
ADL 0Sell
ROC 9Buy
Force Index 0Sell

Price action analysis of Eicher Motor ( (EicherMotor) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Eicher Motor ( (EicherMotor) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Eicher Motor ( (EicherMotor) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Eicher Motor ( (EicherMotor) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Eicher Motor stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Eicher Motor in short term and the buy 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 HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears 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 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 positive zone. This is a BUY zone

Stock of Eicher Motor is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 4466.9 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 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 is giving positive 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.

Click here for Eicher Motor charts

Click here for further forecast and predictions for tomorrow

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