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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 2020-10-15 View latest technical analysis

10 day averaged volume of Eastern Silk is 11045

Date Daily Closing Price Open High Low Volume
15 Thu Oct 2020 1.00 1.00 1.00 1.00 0.349 times
14 Wed Oct 2020 1.10 1.10 1.10 1.10 0.002 times
13 Tue Oct 2020 1.10 1.10 1.10 1.10 0.018 times
12 Mon Oct 2020 1.15 1.25 1.25 1.15 0.086 times
09 Fri Oct 2020 1.15 1.15 1.25 1.15 0.75 times
08 Thu Oct 2020 1.25 1.20 1.25 1.15 2.226 times
07 Wed Oct 2020 1.25 1.25 1.25 1.15 0.158 times
06 Tue Oct 2020 1.20 1.15 1.20 1.15 1.703 times
05 Mon Oct 2020 1.15 1.20 1.20 1.15 0.473 times
01 Thu Oct 2020 1.20 1.15 1.20 1.15 4.419 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 1, for a target of 1.1 or 1.15

Share price targets for Eastern Silk (EASTSILK)

Target Type Value
Downside Target 0.70
Downside Target 1.00
Upside Target 1.05
Upside Target 1.10
Upside 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 0.92
Downside Intraday Target 0.83
Upside Intraday Target 1.17
Upside Intraday Target 1.33
Upside Intraday Target 1.08

Weekly technical analysis of Eastern Silk (EASTSILK)

Date Weekly Closing Price Open High Low Volume
15 Thu Oct 2020 1.00 1.25 1.25 1.00 0.086 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
15 Thu Oct 2020 1.00 1.15 1.25 1.00 0.2 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, 100, 9 Sell
MACD -0, 0Sell
Stochastics 0Sell
CCI -197Sell
RSI 43Sell
OBV 27405Sell
VWAP 1Sell
ADL 0Sell
ROC -17Sell
Force Index 0Sell

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 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

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 gaining momentum.

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

Eastern Silk Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears 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 and SELL 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 1.2 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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