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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 577939

Date Daily Closing Price Open High Low Volume
21 Fri Jun 2024 4845.50 4876.90 4925.30 4820.00 0.718 times
20 Thu Jun 2024 4876.90 4885.35 4924.90 4843.05 1.103 times
19 Wed Jun 2024 4880.75 4940.00 4963.70 4850.00 1.129 times
18 Tue Jun 2024 4936.10 4940.00 4976.00 4912.55 1.223 times
14 Fri Jun 2024 4935.10 4817.50 4945.00 4801.50 0.95 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 4885.5 as stoploss in an intra day sell trade for a target of 4778.1. However, stock will show a bullish move above 4885.5.

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 4820.00
Upside Target 4907.00
Upside Target 4908.00
Upside Target 4945.00
Upside Target 4976.00

Intraday share price targets for Eicher Motors (EICHERMOT)

Target Type Value
Downside Intraday Target 4785
Downside Intraday Target 4724.5
Upside Intraday Target 4941
Upside Intraday Target 5036.5
Upside Intraday Target 4880.5

Weekly technical analysis of Eicher Motors (EICHERMOT)

Date Weekly Closing Price Open High Low Volume
21 Fri Jun 2024 4845.50 4940.00 4976.00 4820.00 0.818 times
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

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 Motors (EICHERMOT)

Date Monthly Closing Price Open High Low Volume
21 Fri Jun 2024 4845.50 4800.00 4976.00 4253.85 0.604 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 17, 21, 9 Sell
MACD 170, 169Buy
Stochastics 72Buy
CCI 28Sell
RSI 61Buy
OBV -3191842Sell
VWAP 4846Sell
ADL 0Sell
ROC 3Buy
Force Index 0Sell

Price action analysis of Eicher Motors ( (EICHERMOT) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this 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 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 SELL. Signal strength is Weak and stock is gaining momentum.

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

Eicher Motors 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 coming down

CCI has generated a SELL signal for Eicher Motors in short term but SELL signal is weak.

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

Although the stock is in the SELL zone, but selling 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 4846.23 and Eicher Motors (EICHERMOT) stock is trading below this level. This means that stock is falling with high volumes. 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

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