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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 14874

Date Daily Closing Price Open High Low Volume
07 Tue May 2024 4620.85 4600.35 4654.00 4567.50 1.367 times
06 Mon May 2024 4602.30 4598.50 4664.00 4581.85 1.405 times
03 Fri May 2024 4598.45 4601.90 4653.35 4581.00 1.302 times
02 Thu May 2024 4602.80 4603.65 4629.15 4546.30 0.461 times
30 Tue Apr 2024 4596.05 4598.95 4689.55 4587.30 2.037 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 4607.1, but if it comes below 4607.1, then a intra day sell could be more profitable.
If you take a sell trade below 4607.1, then use 4607.1 as stoploss and 4435.49 as target. However if you take a buy trade in stock , then use 4607.1 as stoploss and 4813.1 as target.

Share price targets for Eicher Motor (EicherMotor)

Target Type Value
Downside Target 3564.00
Downside Target 3675.00
Downside Target 3888.50
Downside Target 4011.20
Downside Target 4375.00
Downside Target 4535.00
Downside Target 4546.30
Downside Target 4567.50
Upside Target 4632.75
Upside Target 4664.00
Upside Target 4689.55

Intraday share price targets for Eicher Motor (EicherMotor)

Target Type Value
Downside Intraday Target 4570.9
Downside Intraday Target 4520.95
Upside Intraday Target 4667.4
Upside Intraday Target 4713.95
Downside Intraday Target 4617.45

Weekly technical analysis of Eicher Motor (EicherMotor)

Date Weekly Closing Price Open High Low Volume
07 Tue May 2024 4620.85 4598.50 4664.00 4567.50 0.688 times
03 Fri May 2024 4598.45 4596.80 4689.55 4535.00 0.99 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

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
07 Tue May 2024 4620.85 4603.65 4664.00 4546.30 0.153 times
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

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 33, 13, 44 Buy
MACD 300, 298Buy
Stochastics 74Buy
CCI 65Sell
RSI 57Buy
OBV 198105Sell
VWAP 4590Buy
ADL 0Sell
ROC 3Buy
Force Index 0Sell

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 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 losing momentum.

MACD generated a BUY signal for Eicher Motor in short term and the buy signal is strong.

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 SELL signal for Eicher Motor in short term but SELL signal is weak.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 4590.4 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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