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(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 2024-05-31 View latest technical analysis

10 day averaged volume of Eicher Motors is 445115

Date	Daily Closing Price	Open	High	Low	Volume
31 Fri May 2024	4733.45	4742.20	4790.00	4668.25	2.554 times
30 Thu May 2024	4742.95	4709.75	4770.00	4704.70	0.969 times
29 Wed May 2024	4745.40	4746.00	4808.85	4724.25	1.233 times
28 Tue May 2024	4770.95	4793.30	4825.50	4760.00	0.749 times
27 Mon May 2024	4793.30	4861.05	4907.00	4770.00	1.473 times
24 Fri May 2024	4880.95	4822.50	4908.00	4807.40	1.226 times
23 Thu May 2024	4852.85	4696.65	4867.85	4682.55	2.073 times
22 Wed May 2024	4695.45	4673.00	4707.65	4665.50	0.452 times
21 Tue May 2024	4672.95	4650.00	4728.85	4650.00	1.125 times
18 Sat May 2024	4684.40	4717.90	4717.90	4667.00	0.053 times

Stock of Eicher Motors (EICHERMOT) has showed a significant fall. This could be a good time to exit from this stock.

My analysis of stock is bullish for shortterm, and stock might move up till 4781.3 or till 4876.9. Use a stoploss of 4701.65 and if this stock hits its stoploss, then it can fall down till 4622

Share price targets for Eicher Motors (EICHERMOT)

Target Type	Value
Downside Target	3562.45
Downside Target	3672.00
Downside Target	3886.10
Downside Target	4018.95
Downside Target	4528.30
Downside Target	4650.00
Downside Target	4689.95
Downside Target	4708.00
Upside Target	4742.95
Upside Target	4907.00
Upside Target	4908.00

Intraday share price targets for Eicher Motors (EICHERMOT)

Target Type	Value
Downside Intraday Target	4632.13
Downside Intraday Target	4530.82
Upside Intraday Target	4870.88
Upside Intraday Target	5008.32
Upside Intraday Target	4769.57

Weekly technical analysis of Eicher Motors (EICHERMOT)

Date	Weekly Closing Price	Open	High	Low	Volume
31 Fri May 2024	4733.45	4861.05	4907.00	4668.25	1.431 times
24 Fri May 2024	4880.95	4650.00	4908.00	4650.00	0.448 times
18 Sat May 2024	4684.40	4679.00	4742.95	4528.30	1.475 times
10 Fri May 2024	4657.85	4613.00	4708.00	4541.50	1.264 times
03 Fri May 2024	4599.25	4589.00	4689.95	4532.60	0.639 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 Eicher Motors (EICHERMOT)

Date	Monthly Closing Price	Open	High	Low	Volume
31 Fri May 2024	4733.45	4598.00	4908.00	4528.30	0.839 times
30 Tue Apr 2024	4597.40	4060.80	4689.95	3886.10	1.257 times
28 Thu Mar 2024	4019.30	3790.20	4075.00	3672.00	1.015 times
29 Thu Feb 2024	3792.40	3843.00	4018.95	3726.60	1.033 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 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 short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Eicher Motors ( (EICHERMOT) ) 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 Eicher Motors ( (EICHERMOT) ) based on a mid to longer 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.

ADX buy sell signal for Eicher Motors stock for short term is BUY. Signal strength is Weak and stock is losing momentum.

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

Eicher Motors 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 in or below the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Eicher Motors in short term and SELL 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

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 4773.82 and Eicher Motors (EICHERMOT) stock is trading below this level. This means that stock is falling with high volumes. 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 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.