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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 33465

Date	Daily Closing Price	Open	High	Low	Volume
30 Thu Nov 2023	2.45	2.40	2.50	2.30	0.695 times
29 Wed Nov 2023	2.40	2.45	2.55	2.40	1.955 times
28 Tue Nov 2023	2.50	2.60	2.60	2.45	0.699 times
24 Fri Nov 2023	2.55	2.50	2.70	2.50	1.007 times
23 Thu Nov 2023	2.60	2.80	2.80	2.60	1.51 times
22 Wed Nov 2023	2.70	2.70	2.70	2.70	0.464 times
21 Tue Nov 2023	2.60	2.60	2.60	2.60	0.359 times
20 Mon Nov 2023	2.50	2.50	2.50	2.50	0.557 times
17 Fri Nov 2023	2.40	2.40	2.40	2.35	3.072 times
16 Thu Nov 2023	2.30	2.30	2.30	2.30	0.278 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 2.5 as stoploss in an intra day sell trade for a target of 2.27. However, stock will show a bullish move above 2.5.

Share price targets for Eastern Silk (EASTSILK_BE)

Target Type	Value
Downside Target	1.75
Downside Target	1.80
Downside Target	1.85
Downside Target	1.90
Downside Target	1.95
Downside Target	2.00
Downside Target	2.10
Downside Target	2.20
Downside Target	2.25
Downside Target	2.30
Downside Target	2.40
Upside Target	2.50
Upside Target	2.60
Upside Target	2.80

Intraday share price targets for Eastern Silk (EASTSILK_BE)

Target Type	Value
Downside Intraday Target	2.3
Downside Intraday Target	2.15
Upside Intraday Target	2.6
Upside Intraday Target	2.75
Downside Intraday Target	2.45

Weekly technical analysis of Eastern Silk (EASTSILK_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
30 Thu Nov 2023	2.45	2.60	2.60	2.30	0.859 times
24 Fri Nov 2023	2.55	2.50	2.80	2.50	0.869 times
17 Fri Nov 2023	2.40	2.15	2.40	2.10	1.353 times
10 Fri Nov 2023	2.10	1.95	2.20	1.95	2.381 times
03 Fri Nov 2023	1.90	1.75	1.90	1.75	2.218 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_BE)

Date	Monthly Closing Price	Open	High	Low	Volume
30 Thu Nov 2023	2.45	1.80	2.80	1.80	4.11 times
30 Mon Oct 2023	1.75	2.10	2.10	1.75	0.25 times
25 Mon Sep 2023	2.20	1.80	2.40	1.80	1.217 times
31 Thu Aug 2023	1.85	1.90	2.00	1.75	0.817 times

Scroll below to view daily charts

Price has moved up this month, and volume has increased substantially. This means that the move can 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 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 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 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 but the sell signal is initial and weak.

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. Bears 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 SELL signal for Eastern Silk in short term and SELL 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 2.48 and Eastern Silk (EASTSILK_BE) stock is trading below this level. This means that stock is falling with high volumes. 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.