Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(EASTSILK_BE) Eastern Silk complete technical analysis [charts+indicators] | Buy/Sell Eastern Silk | (EASTSILK_BE) share price targets

Complete technical analysis of Eastern Silk (EASTSILK_BE) by charts plus indicators, forecast predictions and share price targets for Eastern Silk (EASTSILK_BE)

Showing technical analysis as on 2024-02-12 View latest technical analysis

10 day averaged volume of Eastern Silk is 111005

Date	Daily Closing Price	Open	High	Low	Volume
12 Mon Feb 2024	3.30	3.30	3.30	3.30	1.469 times
09 Fri Feb 2024	3.15	3.15	3.15	3.15	1.96 times
08 Thu Feb 2024	3.00	3.00	3.00	3.00	0.779 times
07 Wed Feb 2024	2.90	2.90	2.90	2.70	1.336 times
06 Tue Feb 2024	2.80	2.85	2.90	2.70	1.438 times
05 Mon Feb 2024	2.85	2.85	3.00	2.85	1.06 times
29 Mon Jan 2024	3.00	3.00	3.00	3.00	0.006 times
23 Tue Jan 2024	3.15	3.15	3.15	3.15	0.051 times
15 Mon Jan 2024	3.30	3.30	3.30	3.05	2.359 times
12 Fri Jan 2024	3.15	3.15	3.15	2.85	0.796 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 3.1, but if it comes below 3.1, then a intra day sell could be more profitable.
If you take a sell trade below 3.1, then use 3.1 as stoploss and 2.86 as target. However if you take a buy trade in stock , then use 3.1 as stoploss and 3.5 as target.

Share price targets for Eastern Silk (EASTSILK_BE)

Target Type	Value
Downside Target	1.75
Downside Target	1.80
Downside Target	2.10
Downside Target	2.25
Downside Target	2.35
Downside Target	2.65
Downside Target	2.80
Downside Target	3.00
Downside Target	3.15
Downside Target	3.30

Intraday share price targets for Eastern Silk (EASTSILK_BE)

Target Type	Value
Downside Intraday Target	3.3
Downside Intraday Target	3.3
Downside Intraday Target	3.3
Downside Intraday Target	3.3
Downside Intraday Target	3.3

Weekly technical analysis of Eastern Silk (EASTSILK_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
12 Mon Feb 2024	3.30	3.30	3.30	3.30	0.223 times
09 Fri Feb 2024	3.15	2.85	3.15	2.70	1055.818 times
29 Mon Jan 2024	3.00	3.00	3.00	3.00	0.003 times
23 Tue Jan 2024	3.15	3.30	3.30	3.05	1.179 times
12 Fri Jan 2024	3.15	2.70	3.15	2.65	1.623 times

Price has moved up 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_BE)

Date	Monthly Closing Price	Open	High	Low	Volume
12 Mon Feb 2024	3.30	2.85	3.30	2.70	1.406 times
29 Mon Jan 2024	3.00	2.45	3.30	2.35	0.893 times
29 Fri Dec 2023	2.40	2.45	3.15	2.25	1.335 times
30 Thu Nov 2023	2.45	1.80	2.80	1.80	4.11 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_BE)

Price action analysis of Eastern Silk ( (EASTSILK_BE) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Eastern Silk ( (EASTSILK_BE) ) 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_BE) ) based on a short to mid 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_BE) ) 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 green color and prices are above the green 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 3.09 and Eastern Silk (EASTSILK_BE) 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_BE) stock. Volume based technical analysis of Eastern Silk (EASTSILK_BE) 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.