Login or Join
 Learn then Earn

(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 657671

Date Daily Closing Price Open High Low Volume
14 Fri Jun 2024 4935.10 4817.50 4945.00 4801.50 0.835 times
13 Thu Jun 2024 4801.50 4886.95 4889.60 4768.00 1.278 times
12 Wed Jun 2024 4850.65 4765.00 4873.45 4745.00 0.795 times
11 Tue Jun 2024 4758.65 4810.00 4811.95 4744.05 1.116 times
10 Mon Jun 2024 4782.75 4769.60 4800.00 4757.00 0.459 times

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 4962.5, for a target of 4844.6 or 4746.42

Share price targets for Eicher Motors (EICHERMOT)

Target Type Value
Downside Target 3672.00
Downside Target 3886.10
Downside Target 4018.95
Downside Target 4253.85
Downside Target 4528.30
Downside Target 4650.00
Downside Target 4744.05
Downside Target 4800.00
Downside Target 4907.00
Downside Target 4908.00
Upside Target 4945.00

Intraday share price targets for Eicher Motors (EICHERMOT)

Target Type Value
Downside Intraday Target 4804.43
Downside Intraday Target 4673.77
Upside Intraday Target 5005.38
Upside Intraday Target 5075.67
Downside Intraday Target 4874.72

Weekly technical analysis of Eicher Motors (EICHERMOT)

Date Weekly Closing Price Open High Low Volume
14 Fri Jun 2024 4935.10 4769.60 4945.00 4744.05 0.813 times
07 Fri Jun 2024 4762.00 4800.00 4800.00 4253.85 1.168 times
31 Fri May 2024 4733.45 4861.05 4907.00 4668.25 1.416 times
24 Fri May 2024 4880.95 4717.90 4908.00 4650.00 0.455 times
17 Fri May 2024 4693.90 4679.00 4742.95 4528.30 1.468 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
14 Fri Jun 2024 4935.10 4800.00 4945.00 4253.85 0.442 times
31 Fri May 2024 4733.45 4598.00 4908.00 4528.30 0.839 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

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 21, 19, 5 Buy
MACD 167, 155Buy
Stochastics 94Buy
CCI 119Buy
RSI 62Buy
OBV -2229407Sell
VWAP 4719Buy
ADL 0Sell
ROC 4Buy
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 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 to mid 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 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 losing momentum.

MACD generated a BUY signal for Eicher Motors 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 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 and the buying is gaining momentum.

MRSI is in negative zone. This is the SELL zone

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 4719.13 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.

Click here for Eicher Motors charts

Click here for further forecast and predictions for tomorrow

 Learn then Earn
Back to top | Use Dark Theme