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(EASTSILK) Eastern Silk complete technical analysis [charts+indicators] | Buy/Sell Eastern Silk | (EASTSILK) share price targets

Complete technical analysis of Eastern Silk (EASTSILK) by charts plus indicators, forecast predictions and share price targets for Eastern Silk (EASTSILK)

10 day averaged volume of Eastern Silk is 18968

Date Daily Closing Price Open High Low Volume
15 Fri Jan 2021 1.80 1.80 1.80 1.80 0.025 times
14 Thu Jan 2021 1.75 1.75 1.75 1.75 0.509 times
13 Wed Jan 2021 1.70 1.70 1.70 1.70 0.817 times
12 Tue Jan 2021 1.65 1.65 1.65 1.65 0.314 times
11 Mon Jan 2021 1.60 1.55 1.60 1.55 0.214 times
08 Fri Jan 2021 1.55 1.55 1.55 1.55 0.824 times
07 Thu Jan 2021 1.50 1.50 1.50 1.50 1.093 times
06 Wed Jan 2021 1.45 1.35 1.45 1.35 0.323 times
05 Tue Jan 2021 1.40 1.45 1.45 1.35 1.438 times
04 Mon Jan 2021 1.40 1.40 1.40 1.40 3.974 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 1.8, for a target of 1.6 or 1.49

Share price targets for Eastern Silk (EASTSILK)

Target Type Value
Downside Target 0.90
Downside Target 0.95
Downside Target 1.05
Downside Target 1.10
Downside Target 1.25
Downside Target 1.35
Downside Target 1.40
Downside Target 1.45
Downside Target 1.55
Downside Target 1.80

Intraday share price targets for Eastern Silk (EASTSILK)

Target Type Value
Downside Intraday Target 1.63
Downside Intraday Target 1.47
Upside Intraday Target 1.88
Upside Intraday Target 1.97
Downside Intraday Target 1.72

Weekly technical analysis of Eastern Silk (EASTSILK)

Date Weekly Closing Price Open High Low Volume
15 Fri Jan 2021 1.80 1.55 1.80 1.55 0.246 times
08 Fri Jan 2021 1.55 1.40 1.55 1.35 4.566 times
01 Fri Jan 2021 1.40 1.40 1.45 1.40 0.752 times
24 Thu Dec 2020 1.40 1.40 1.40 1.40 0.947 times
18 Fri Dec 2020 1.40 1.25 1.40 1.25 0.347 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 Eastern Silk (EASTSILK)

Date Monthly Closing Price Open High Low Volume
15 Fri Jan 2021 1.80 1.40 1.80 1.35 0.77 times
31 Thu Dec 2020 1.40 0.95 1.45 0.95 7.789 times
27 Fri Nov 2020 0.95 1.10 1.10 0.95 0.162 times
29 Thu Oct 2020 1.10 1.15 1.25 0.90 0.348 times

Scroll below to view daily charts

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 Eastern Silk (EASTSILK)

Indicator Name Indicator Value Indicator Signal
ADX 83, 83, 0 Sell
MACD 0, 0Buy
Stochastics 100Buy
CCI 123Buy
RSI 48Sell
OBV 101719Sell
VWAP 1Buy
ADL 0Sell
ROC 29Buy
Force Index 0Sell

Price action analysis of Eastern Silk ( (EASTSILK) ) based on a short term time period is

Price action analysis of Eastern Silk ( (EASTSILK) ) 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 Eastern Silk ( (EASTSILK) ) 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 Eastern Silk ( (EASTSILK) ) 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 Eastern Silk stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a BUY signal for Eastern Silk 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.

Eastern Silk 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 buy signal for Eastern Silk in short term and BUY signal is strong.

RSI is generating a SELL signal in short term and selling is picking up 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 Eastern Silk is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 1.48 and Eastern Silk (EASTSILK) 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 Eastern Silk (EASTSILK) stock. Volume based technical analysis of Eastern Silk (EASTSILK) stock is negative.

Eastern Silk 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 Eastern Silk charts

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Daily charts

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

Daily chart
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