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(EICHERMOT) Eicher Motors complete technical analysis [charts+indicators] | Buy/Sell Eicher Motors | (EICHERMOT) share price targets

Complete technical analysis of Eicher Motors (EICHERMOT) by charts plus indicators, forecast predictions and share price targets for Eicher Motors (EICHERMOT)

10 day averaged volume of Eicher Motors is 700128

Date Daily Closing Price Open High Low Volume
22 Wed May 2024 4695.45 4673.00 4707.65 4665.50 0.287 times
21 Tue May 2024 4672.95 4650.00 4728.85 4650.00 0.715 times
20 Mon May 2024 4684.40 4717.90 4717.90 4667.00 0.034 times
17 Fri May 2024 4693.90 4660.00 4700.00 4622.00 0.411 times
16 Thu May 2024 4681.75 4650.00 4697.95 4543.10 1.208 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 4681.9, but if it comes below 4681.9, then a intra day sell could be more profitable.
If you take a sell trade below 4681.9, then use 4681.9 as stoploss and 4631.55 as target. However if you take a buy trade in stock , then use 4681.9 as stoploss and 4742.2 as target.

Share price targets for Eicher Motors (EICHERMOT)

Target Type Value
Downside Target 3562.45
Downside Target 3672.00
Downside Target 3886.10
Downside Target 4018.95
Downside Target 4370.40
Downside Target 4528.30
Downside Target 4632.85
Downside Target 4689.95
Upside Target 4708.00
Upside Target 4728.85
Upside Target 4742.95

Intraday share price targets for Eicher Motors (EICHERMOT)

Target Type Value
Downside Intraday Target 4654.02
Downside Intraday Target 4612.58
Upside Intraday Target 4732.87
Upside Intraday Target 4770.28
Downside Intraday Target 4691.43

Weekly technical analysis of Eicher Motors (EICHERMOT)

Date Weekly Closing Price Open High Low Volume
22 Wed May 2024 4695.45 4717.90 4728.85 4650.00 0.15 times
17 Fri May 2024 4693.90 4679.00 4742.95 4528.30 1.468 times
10 Fri May 2024 4657.85 4613.00 4708.00 4541.50 1.264 times
03 Fri May 2024 4599.25 4589.00 4689.95 4532.60 0.639 times
26 Fri Apr 2024 4601.00 4394.00 4632.85 4370.40 0.932 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 Motors (EICHERMOT)

Date Monthly Closing Price Open High Low Volume
22 Wed May 2024 4695.45 4598.00 4742.95 4528.30 0.581 times
30 Tue Apr 2024 4597.40 4060.80 4689.95 3886.10 1.257 times
28 Thu Mar 2024 4019.30 3790.20 4075.00 3672.00 1.015 times
29 Thu Feb 2024 3792.40 3843.00 4018.95 3726.60 1.033 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 Motors (EICHERMOT)

Indicator Name Indicator Value Indicator Signal
ADX 17, 12, 17 Buy
MACD 234, 253Sell
Stochastics 73Buy
CCI 69Buy
RSI 63Buy
OBV 625306Sell
VWAP 4660Buy
ADL 0Sell
ROC 2Buy
Force Index 0Sell

Price action analysis of Eicher Motors ( (EICHERMOT) ) 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 Motors ( (EICHERMOT) ) 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 Motors ( (EICHERMOT) ) 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 Motors ( (EICHERMOT) ) 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 Motors stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.

MACD generated a SELL signal for Eicher Motors in short term but the sell signal is initial and weak.

Eicher Motors Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls 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 moving up

CCI has generated a buy signal for Eicher Motors 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

Although the stock is in the BUY zone, but buying might be slowing down

Stock of Eicher Motors is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 4659.52 and Eicher Motors (EICHERMOT) 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 Motors (EICHERMOT) stock. Volume based technical analysis of Eicher Motors (EICHERMOT) stock is negative.

Eicher Motors 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.

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