(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)
Showing technical analysis as on 2024-08-09 View latest technical analysis
10 day averaged volume of Eicher Motor is 15488
| Date | Daily Closing Price | Open | High | Low | Volume |
| 09 Fri Aug 2024 | 4829.85 | 4780.05 | 4854.30 | 4733.95 | 5.162 times |
| 08 Thu Aug 2024 | 4578.80 | 4620.00 | 4640.00 | 4549.00 | 2.331 times |
| 07 Wed Aug 2024 | 4599.90 | 4655.05 | 4691.80 | 4580.00 | 0.933 times |
| 06 Tue Aug 2024 | 4654.60 | 4675.10 | 4750.00 | 4642.95 | 0.266 times |
| 05 Mon Aug 2024 | 4674.65 | 4659.95 | 4691.00 | 4554.30 | 0.698 times |
| 02 Fri Aug 2024 | 4724.40 | 4899.95 | 4899.95 | 4692.00 | 1.162 times |
| 01 Thu Aug 2024 | 4967.95 | 4983.90 | 5020.00 | 4903.40 | 0.794 times |
| 31 Wed Jul 2024 | 4968.55 | 4984.95 | 4991.95 | 4940.45 | 1.408 times |
| 30 Tue Jul 2024 | 4949.15 | 4962.75 | 4978.25 | 4905.75 | 0.569 times |
| 29 Mon Jul 2024 | 4962.75 | 5025.00 | 5049.55 | 4935.00 | 0.307 times |
Stock of Eicher Motor (EicherMotor) has showed a significant upmove. This could be a good time to enter in this stock!
My analysis of stock is bearish for shortterm, and stock might move down till 4720.7 or till 4568.5. Use a stoploss of 4847.52 and if the stock hits stoploss, then it can shoot up till 4974.36
Share price targets for Eicher Motor (EicherMotor)
| Target Type | Value |
| Downside Target | 3888.50 |
| Downside Target | 4260.85 |
| Downside Target | 4526.45 |
| Downside Target | 4689.55 |
| Upside Target | 4907.65 |
| Upside Target | 4954.35 |
| Upside Target | 4965.00 |
| Upside Target | 4977.50 |
| Upside Target | 5020.00 |
| Upside Target | 5049.55 |
| Upside Target | 5057.65 |
Intraday share price targets for Eicher Motor (EicherMotor)
| Target Type | Value |
| Downside Intraday Target | 4634.47 |
| Downside Intraday Target | 4439.08 |
| Upside Intraday Target | 4939.77 |
| Upside Intraday Target | 5049.68 |
| Downside Intraday Target | 4744.38 |
Weekly technical analysis of Eicher Motor (EicherMotor)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 09 Fri Aug 2024 | 4829.85 | 4659.95 | 4854.30 | 4549.00 | 2.215 times |
| 02 Fri Aug 2024 | 4724.40 | 5025.00 | 5049.55 | 4692.00 | 0.767 times |
| 26 Fri Jul 2024 | 5011.40 | 4756.15 | 5057.65 | 4756.15 | 1.13 times |
| 19 Fri Jul 2024 | 4851.70 | 4853.00 | 4965.00 | 4799.90 | 1.775 times |
| 12 Fri Jul 2024 | 4857.65 | 4750.30 | 4954.35 | 4718.00 | 0.814 times |
Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Eicher Motor (EicherMotor)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 09 Fri Aug 2024 | 4829.85 | 4983.90 | 5020.00 | 4549.00 | 0.602 times |
| 31 Wed Jul 2024 | 4968.55 | 4615.10 | 5057.65 | 4593.35 | 1.158 times |
| 28 Fri Jun 2024 | 4667.70 | 4821.80 | 4977.50 | 4260.85 | 0.729 times |
| 31 Fri May 2024 | 4727.25 | 4603.65 | 4907.65 | 4526.45 | 0.785 times |
Scroll below to view daily charts
Price has moved down 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)
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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Eicher Motor ( (EicherMotor) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Eicher Motor ( (EicherMotor) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for Eicher Motor stock for short term is BUY. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Eicher Motor in short term and the sell 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 LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls 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 and the buying is gaining 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 4781.17 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 falling down
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 has given negative 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.
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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Eicher Motor ( (EicherMotor) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Eicher Motor ( (EicherMotor) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for Eicher Motor stock for short term is BUY. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Eicher Motor in short term and the sell 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 LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls 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 and the buying is gaining 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 4781.17 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 falling down
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 has given negative 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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