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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 2020-10-01 View latest technical analysis

10 day averaged volume of Eastern Silk is 12017

Date Daily Closing Price Open High Low Volume
01 Thu Oct 2020 1.20 1.15 1.20 1.15 4.062 times
30 Wed Sep 2020 1.20 1.20 1.20 1.20 0.151 times
29 Tue Sep 2020 1.15 1.10 1.15 1.10 3.411 times
28 Mon Sep 2020 1.10 1.10 1.15 1.05 0.975 times
25 Fri Sep 2020 1.10 1.05 1.15 1.05 1.646 times
24 Thu Sep 2020 1.10 1.10 1.15 1.05 0.455 times
23 Wed Sep 2020 1.10 1.15 1.20 1.10 0.263 times
22 Tue Sep 2020 1.15 1.15 1.20 1.15 0.478 times
21 Mon Sep 2020 1.20 1.15 1.20 1.15 0.054 times
18 Fri Sep 2020 1.20 1.20 1.25 1.15 0.994 times

Stock of Eastern Silk (EASTSILK) has showed a significant fall. This could be a good time to exit from this stock.

My analysis of stock is bearish for shortterm, and stock might move down till 1.1 or till 1.1. Use a stoploss of 1.21 and if the stock hits stoploss, then it can shoot up till 1.28

Share price targets for Eastern Silk (EASTSILK)

Target Type Value
Downside Target 0.70
Downside Target 1.05
Downside Target 1.10
Downside Target 1.15
Downside 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 1.1
Downside Intraday Target 1
Upside Intraday Target 1.25
Upside Intraday Target 1.3
Downside Intraday Target 1.15

Weekly technical analysis of Eastern Silk (EASTSILK)

Date Weekly Closing Price Open High Low Volume
01 Thu Oct 2020 1.20 1.10 1.20 1.05 2.969 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
01 Thu Oct 2020 1.20 1.15 1.20 1.15 0.087 times
30 Wed Sep 2020 1.20 1.45 1.45 1.05 2.28 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

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 Eastern Silk (EASTSILK)

Indicator Name Indicator Value Indicator Signal
ADX 83, 83, 0 Sell
MACD 0, 0Sell
Stochastics 63None
CCI 61Sell
RSI 45Sell
OBV -117030Sell
VWAP 1Buy
ADL 0Sell
ROC 0Sell
Force Index 0Sell

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 term time period is

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.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Eastern Silk Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 coming down

CCI has generated a SELL signal for Eastern Silk in short term but SELL signal is weak.

RSI is generating a SELL signal in short term but selling is losing 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 1.16 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 rising upwards.

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 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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