(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)
10 day averaged volume of Eastern Silk is 69341
|Date||Daily Closing Price||Open||High||Low||Volume|
|26 Fri Nov 2021||5.75||5.75||5.75||5.60||7.237 times|
|25 Thu Nov 2021||5.50||5.50||5.50||5.50||0.523 times|
|24 Wed Nov 2021||5.25||5.25||5.25||5.25||0.709 times|
|23 Tue Nov 2021||5.00||5.00||5.00||5.00||0.715 times|
|22 Mon Nov 2021||4.80||4.80||4.80||4.80||0.481 times|
|18 Thu Nov 2021||4.60||4.30||4.60||4.30||1.852 times|
|17 Wed Nov 2021||4.40||4.30||4.55||4.30||0.92 times|
|16 Tue Nov 2021||4.45||4.65||4.65||4.35||1.386 times|
|15 Mon Nov 2021||4.55||4.55||4.75||4.55||1.045 times|
|12 Fri Nov 2021||4.75||4.80||4.95||4.70||0.779 times|
Stock of Eastern Silk (EASTSILK) has showed a significant upmove. This could be a good time to enter in this stock!
Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 5.7, for a target of 5.2 or 4.91
Share price targets for Eastern Silk (EASTSILK)
Intraday share price targets for Eastern Silk (EASTSILK)
|Downside Intraday Target||5.12|
|Downside Intraday Target||4.48|
|Upside Intraday Target||6.07|
|Upside Intraday Target||6.38|
|Downside Intraday Target||5.43|
Weekly technical analysis of Eastern Silk (EASTSILK)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|26 Fri Nov 2021||5.75||4.80||5.75||4.80||1.858 times|
|18 Thu Nov 2021||4.60||4.55||4.75||4.30||0.541 times|
|12 Fri Nov 2021||4.75||5.00||5.35||4.70||1.176 times|
|04 Thu Nov 2021||5.00||4.55||5.25||4.35||1.412 times|
|29 Fri Oct 2021||4.55||4.50||4.80||3.95||1.244 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|
|26 Fri Nov 2021||5.75||4.55||5.75||4.30||0.868 times|
|29 Fri Oct 2021||4.55||3.60||5.95||3.50||1.921 times|
|30 Thu Sep 2021||3.65||3.85||3.95||3.40||0.747 times|
|31 Tue Aug 2021||3.90||3.80||4.50||3.20||3.276 times|
Scroll below to view daily charts
Price has moved up 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||48, 19, 44||Buy|
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 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 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 BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a BUY signal for Eastern Silk in short term and the buy signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Eastern Silk Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! 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 moving up
CCI has generated a buy signal for Eastern Silk in short term and BUY signal is strong.
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in negative zone. This is the SELL 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 5.19 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 is giving positive 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.