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(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)

10 day averaged volume of Eastern Silk is 17547

Date Daily Closing Price Open High Low Volume
16 Fri Apr 2021 2.00 2.00 2.00 2.00 0.386 times
15 Thu Apr 2021 1.95 1.95 1.95 1.95 1.396 times
13 Tue Apr 2021 1.90 1.90 1.90 1.90 1.49 times
12 Mon Apr 2021 1.85 1.85 1.85 1.85 3.221 times
09 Fri Apr 2021 1.80 1.80 1.80 1.80 0.37 times
08 Thu Apr 2021 1.75 1.75 1.75 1.75 0.337 times
07 Wed Apr 2021 1.70 1.70 1.70 1.60 1.463 times
06 Tue Apr 2021 1.65 1.65 1.65 1.65 0.226 times
05 Mon Apr 2021 1.60 1.60 1.60 1.60 0.308 times
01 Thu Apr 2021 1.55 1.55 1.55 1.55 0.322 times

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 2, for a target of 1.8 or 1.66

Share price targets for Eastern Silk (EASTSILK_BE)

Target Type Value
Downside Target 1.00
Downside Target 1.20
Downside Target 1.45
Downside Target 1.50
Downside Target 1.55
Downside Target 1.60
Downside Target 1.65
Downside Target 1.75
Downside Target 1.80
Downside Target 1.85
Downside Target 1.95
Downside Target 2.00

Intraday share price targets for Eastern Silk (EASTSILK_BE)

Target Type Value
Downside Intraday Target 1.9
Downside Intraday Target 1.8
Upside Intraday Target 2.05
Upside Intraday Target 2.1
Downside Intraday Target 1.95

Weekly technical analysis of Eastern Silk (EASTSILK_BE)

Date Weekly Closing Price Open High Low Volume
16 Fri Apr 2021 2.00 1.85 2.00 1.85 2.4 times
09 Fri Apr 2021 1.80 1.60 1.80 1.60 1.954 times
01 Thu Apr 2021 1.55 1.60 1.60 1.45 0.244 times
26 Fri Mar 2021 1.55 1.60 1.65 1.45 0.679 times
19 Fri Mar 2021 1.60 1.60 1.65 1.50 11.024 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_BE)

Date Monthly Closing Price Open High Low Volume
16 Fri Apr 2021 2.00 1.55 2.00 1.55 0.581 times
31 Wed Mar 2021 1.50 1.70 1.75 1.45 3.738 times
22 Mon Feb 2021 1.75 1.85 1.85 1.75 1.061 times
25 Mon Jan 2021 1.90 1.85 1.95 1.85 0.206 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)

Indicator Name Indicator Value Indicator Signal
ADX 56, 56, 0 Sell
MACD 0, 0Buy
Stochastics 100Buy
CCI 119Buy
RSI 57Buy
OBV 174695Sell
VWAP 2Buy
ADL 0Sell
ROC 33Buy
Force Index 0Sell

Price action analysis of Eastern Silk ( (EASTSILK_BE) ) based on a short term time period is

Price action analysis of Eastern Silk ( (EASTSILK_BE) ) based on a short term time period is

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 SELL. Signal strength is Weak and stock is losing 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 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 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 but buying is losing 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 1.83 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.

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Daily charts

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

Daily chart
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