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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 2020-10-12 View latest technical analysis

10 day averaged volume of Eastern Silk is 18177

Date Daily Closing Price Open High Low Volume
12 Mon Oct 2020 1.15 1.25 1.25 1.15 0.052 times
09 Fri Oct 2020 1.15 1.15 1.25 1.15 0.456 times
08 Thu Oct 2020 1.25 1.20 1.25 1.15 1.353 times
07 Wed Oct 2020 1.25 1.25 1.25 1.15 0.096 times
06 Tue Oct 2020 1.20 1.15 1.20 1.15 1.035 times
05 Mon Oct 2020 1.15 1.20 1.20 1.15 0.287 times
01 Thu Oct 2020 1.20 1.15 1.20 1.15 2.685 times
30 Wed Sep 2020 1.20 1.20 1.20 1.20 0.1 times
29 Tue Sep 2020 1.15 1.10 1.15 1.10 2.255 times
28 Mon Sep 2020 1.10 1.10 1.15 1.05 0.645 times

My analysis of stock is bearish for shortterm, and stock might move down till 1.1 or till 1.1. Use a stoploss of 1.18 and if the stock hits stoploss, then it can shoot up till 1.23

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
Upside Target 1.20
Upside Target 1.25
Upside Target 1.30
Upside Target 1.45

Intraday share price targets for Eastern Silk (EASTSILK)

Target Type Value
Downside Intraday Target 1.12
Downside Intraday Target 1.08
Upside Intraday Target 1.22
Upside Intraday Target 1.28
Upside Intraday Target 1.18

Weekly technical analysis of Eastern Silk (EASTSILK)

Date Weekly Closing Price Open High Low Volume
12 Mon Oct 2020 1.15 1.25 1.25 1.15 0.016 times
09 Fri Oct 2020 1.15 1.20 1.25 1.15 0.568 times
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

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 Eastern Silk (EASTSILK)

Date Monthly Closing Price Open High Low Volume
12 Mon Oct 2020 1.15 1.15 1.25 1.15 0.193 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 67None
CCI 17Sell
RSI 44Sell
OBV 31457Sell
VWAP 1Sell
ADL 0Sell
ROC 5Buy
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

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 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 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 Eastern Silk in short term

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 1.18 and Eastern Silk (EASTSILK) 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 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 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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