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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 2020-10-20 View latest technical analysis

10 day averaged volume of Eastern Silk is 8861

Date Daily Closing Price Open High Low Volume
20 Tue Oct 2020 1.05 1.00 1.05 1.00 0.096 times
19 Mon Oct 2020 1.10 1.00 1.10 1.00 0.44 times
16 Fri Oct 2020 1.10 0.90 1.10 0.90 2.963 times
15 Thu Oct 2020 1.00 1.00 1.00 1.00 0.435 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 0.023 times
12 Mon Oct 2020 1.15 1.25 1.25 1.15 0.107 times
09 Fri Oct 2020 1.15 1.15 1.25 1.15 0.935 times
08 Thu Oct 2020 1.25 1.20 1.25 1.15 2.775 times
07 Wed Oct 2020 1.25 1.25 1.25 1.15 0.197 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 1.1, but if it comes above 1.1, then a intra day buy could be more profitable.
If you take a sell trade below 1.1, then use 1.1 as stoploss and 1 as target. However if you take a buy trade in stock , then use 1.1 as stoploss and 1.14 as target.

Share price targets for Eastern Silk (EASTSILK)

Target Type Value
Downside Target 0.70
Downside Target 0.90
Downside Target 1.00
Downside Target 1.05
Upside Target 1.10
Upside Target 1.15
Upside Target 1.20
Upside Target 1.25
Upside Target 1.45

Intraday share price targets for Eastern Silk (EASTSILK)

Target Type Value
Downside Intraday Target 1
Downside Intraday Target 0.95
Upside Intraday Target 1.1
Upside Intraday Target 1.15
Downside Intraday Target 1.05

Weekly technical analysis of Eastern Silk (EASTSILK)

Date Weekly Closing Price Open High Low Volume
20 Tue Oct 2020 1.05 1.00 1.10 1.00 0.152 times
16 Fri Oct 2020 1.10 1.25 1.25 0.90 0.533 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

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
20 Tue Oct 2020 1.05 1.15 1.25 0.90 0.255 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 71, 71, 0 Sell
MACD -0, -0Sell
Stochastics 52None
CCI -77Sell
RSI 46Sell
OBV 62284Sell
VWAP 1Sell
ADL 0Sell
ROC -13Sell
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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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 and the sell signal is strong.

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 and SELL signal is strong!

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Eastern Silk is picking up buying 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 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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