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

(EICHERMOT) Eicher Motors complete technical analysis [charts+indicators] | Buy/Sell Eicher Motors | (EICHERMOT) share price targets

Complete technical analysis of Eicher Motors (EICHERMOT) by charts plus indicators, forecast predictions and share price targets for Eicher Motors (EICHERMOT)

Eicher Motors trades in NSE in 2 sector.

Showing technical analysis as on 2024-03-12 View latest technical analysis

10 day averaged volume of Eicher Motors is 559885

Date	Daily Closing Price	Open	High	Low	Volume
12 Tue Mar 2024	3810.75	3804.40	3855.80	3771.00	0.943 times
11 Mon Mar 2024	3783.90	3795.45	3814.95	3770.00	0.667 times
07 Thu Mar 2024	3785.25	3793.20	3810.00	3759.05	1.311 times
06 Wed Mar 2024	3793.20	3800.00	3806.85	3734.05	0.563 times
05 Tue Mar 2024	3791.90	3751.45	3801.95	3742.55	1.056 times
04 Mon Mar 2024	3751.45	3858.60	3883.30	3744.00	1.145 times
02 Sat Mar 2024	3860.35	3855.00	3877.85	3837.05	0.032 times
01 Fri Mar 2024	3843.55	3790.20	3868.80	3776.05	1.189 times
29 Thu Feb 2024	3792.40	3862.95	3890.00	3760.05	1.824 times
28 Wed Feb 2024	3863.75	4002.75	4018.95	3851.00	1.177 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 3792.5 as stoploss in an intra day buy trade for a target of 3861.24. However, stock will show a bearish move below 3792.5.

Share price targets for Eicher Motors (EICHERMOT)

Target Type	Value
Downside Target	3275.00
Downside Target	3562.45
Downside Target	3726.60
Upside Target	3883.30
Upside Target	3920.00
Upside Target	3972.00
Upside Target	4003.00
Upside Target	4018.95
Upside Target	4145.00
Upside Target	4200.00

Intraday share price targets for Eicher Motors (EICHERMOT)

Target Type	Value
Downside Intraday Target	3768.57
Downside Intraday Target	3726.38
Upside Intraday Target	3854.37
Upside Intraday Target	3897.98
Upside Intraday Target	3812.18

Weekly technical analysis of Eicher Motors (EICHERMOT)

Date	Weekly Closing Price	Open	High	Low	Volume
12 Tue Mar 2024	3810.75	3795.45	3855.80	3770.00	0.395 times
07 Thu Mar 2024	3785.25	3858.60	3883.30	3734.05	0.668 times
02 Sat Mar 2024	3860.35	3927.05	4018.95	3760.05	0.883 times
23 Fri Feb 2024	3927.05	3934.95	3972.00	3784.20	1.368 times
16 Fri Feb 2024	3928.65	3869.90	4003.00	3726.60	1.24 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 Eicher Motors (EICHERMOT)

Date	Monthly Closing Price	Open	High	Low	Volume
12 Tue Mar 2024	3810.75	3790.20	3883.30	3734.05	0.278 times
29 Thu Feb 2024	3792.40	3843.00	4018.95	3726.60	1.033 times
31 Wed Jan 2024	3839.60	4145.00	4145.00	3562.45	0.889 times
29 Fri Dec 2023	4143.50	3922.00	4200.00	3847.55	1.277 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 Eicher Motors (EICHERMOT)

Price action analysis of Eicher Motors ( (EICHERMOT) ) 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 Eicher Motors ( (EICHERMOT) ) based on a short term time period is neutral. A longer time frame might give a better analysis.

Price action analysis of Eicher Motors ( (EICHERMOT) ) 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 Eicher Motors ( (EICHERMOT) ) 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 Eicher Motors stock for short term is SELL. Signal strength is Strong and stock is losing momentum.

MACD generated a SELL signal for Eicher Motors in short term and the sell signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Eicher Motors Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be moving up

CCI has generated a buy signal for Eicher Motors in short term but BUY signal is weak.

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Eicher Motors is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 3802.72 and Eicher Motors (EICHERMOT) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is falling down

People seem to be coming out and selling the Eicher Motors (EICHERMOT) stock. Volume based technical analysis of Eicher Motors (EICHERMOT) stock is negative.

Eicher Motors Stock has given negative 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.