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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)

Showing technical analysis as on 2020-09-29 View latest technical analysis

10 day averaged volume of Eastern Silk is 9799

Date Daily Closing Price Open High Low Volume
29 Tue Sep 2020 1.15 1.10 1.15 1.10 4.183 times
28 Mon Sep 2020 1.10 1.10 1.15 1.05 1.196 times
25 Fri Sep 2020 1.10 1.05 1.15 1.05 2.019 times
24 Thu Sep 2020 1.10 1.10 1.15 1.05 0.558 times
23 Wed Sep 2020 1.10 1.15 1.20 1.10 0.322 times
22 Tue Sep 2020 1.15 1.15 1.20 1.15 0.587 times
21 Mon Sep 2020 1.20 1.15 1.20 1.15 0.066 times
18 Fri Sep 2020 1.20 1.20 1.25 1.15 1.219 times
17 Thu Sep 2020 1.20 1.20 1.25 1.20 1.929 times
16 Wed Sep 2020 1.20 1.20 1.30 1.20 0.967 times

Stock of Eastern Silk (EASTSILK) has showed a significant upmove. This could be a good time to enter in this stock!

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 1.1 as stoploss in an intra day buy trade for a target of 1.22. However, stock will show a bearish move below 1.1.

Share price targets for Eastern Silk (EASTSILK)

Target Type Value
Downside Target 0.60
Downside Target 0.70
Downside Target 1.05
Downside Target 1.10
Downside Target 1.15
Upside Target 1.20
Upside Target 1.25
Upside Target 1.30
Upside Target 1.35
Upside Target 1.45

Intraday share price targets for Eastern Silk (EASTSILK)

Target Type Value
Downside Intraday Target 1.08
Downside Intraday Target 1.02
Upside Intraday Target 1.18
Upside Intraday Target 1.22
Downside Intraday Target 1.12

Weekly technical analysis of Eastern Silk (EASTSILK)

Date Weekly Closing Price Open High Low Volume
29 Tue Sep 2020 1.15 1.10 1.15 1.05 1.515 times
25 Fri Sep 2020 1.10 1.15 1.20 1.05 0.578 times
18 Fri Sep 2020 1.20 1.30 1.30 1.15 0.557 times
11 Fri Sep 2020 1.25 1.25 1.35 1.20 0.305 times
04 Fri Sep 2020 1.30 1.45 1.45 1.25 3.585 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 Eastern Silk (EASTSILK)

Date Monthly Closing Price Open High Low Volume
29 Tue Sep 2020 1.15 1.45 1.45 1.05 2.273 times
31 Mon Aug 2020 1.40 1.25 1.45 1.10 20.678 times
01 Wed Jul 2020 1.25 1.25 1.25 1.25 0.108 times
30 Tue Jun 2020 1.20 0.70 1.20 0.70 3.17 times

Price has moved down this month, and volume has increased substantially. This means that the move can continue in coming months.

Indicators analysis of Eastern Silk (EASTSILK)

Indicator Name Indicator Value Indicator Signal
ADX 83, 83, 0 Sell
MACD 0, 0Sell
Stochastics 27Sell
CCI -36Buy
RSI 45Sell
OBV -208073Sell
VWAP 1Sell
ADL 0Sell
ROC -8Sell
Force Index 0Sell

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

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

Eastern Silk 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 Eastern Silk in short term but BUY signal is weak.

RSI is generating a SELL signal in short term and selling is picking up 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 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 1.15 and Eastern Silk (EASTSILK) stock is trading below this level. This means that stock is falling with high volumes. 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 has given negative returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

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