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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 2024-08-06 View latest technical analysis

10 day averaged volume of Eicher Motors is 787879

Date	Daily Closing Price	Open	High	Low	Volume
06 Tue Aug 2024	4653.90	4687.00	4752.00	4638.05	0.754 times
05 Mon Aug 2024	4675.75	4612.15	4693.35	4555.00	1.201 times
02 Fri Aug 2024	4726.70	4884.00	4884.00	4691.55	2.691 times
01 Thu Aug 2024	4968.80	4970.50	5023.00	4903.50	0.831 times
31 Wed Jul 2024	4962.70	4951.85	4992.80	4939.95	0.72 times
30 Tue Jul 2024	4951.85	4950.05	4978.65	4904.15	0.867 times
29 Mon Jul 2024	4962.25	5034.00	5047.95	4931.15	0.43 times
26 Fri Jul 2024	5012.50	4896.80	5058.90	4863.75	0.794 times
25 Thu Jul 2024	4900.65	4900.00	4923.45	4872.35	0.525 times
24 Wed Jul 2024	4915.35	4918.00	4942.30	4879.00	0.508 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 4666.9, for a target of 4779.4 or 4873.19

Share price targets for Eicher Motors (EICHERMOT)

Target Type	Value
Downside Target	3886.10
Downside Target	4253.85
Downside Target	4528.30
Upside Target	4689.95
Upside Target	4908.00
Upside Target	4955.00
Upside Target	4965.00
Upside Target	4976.00
Upside Target	5023.00
Upside Target	5047.95
Upside Target	5058.90

Intraday share price targets for Eicher Motors (EICHERMOT)

Target Type	Value
Downside Intraday Target	4555.27
Downside Intraday Target	4456.63
Upside Intraday Target	4752.27
Upside Intraday Target	4850.63
Downside Intraday Target	4653.63

Weekly technical analysis of Eicher Motors (EICHERMOT)

Date	Weekly Closing Price	Open	High	Low	Volume
06 Tue Aug 2024	4653.90	4612.15	4752.00	4555.00	0.353 times
02 Fri Aug 2024	4726.70	5034.00	5047.95	4691.55	1.482 times
26 Fri Jul 2024	5012.50	4767.00	5058.90	4759.60	1.268 times
19 Fri Jul 2024	4850.70	4851.05	4965.00	4784.95	0.892 times
12 Fri Jul 2024	4860.70	4758.95	4955.00	4716.00	0.852 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
06 Tue Aug 2024	4653.90	4970.50	5023.00	4555.00	0.345 times
31 Wed Jul 2024	4962.70	4640.00	5058.90	4592.90	0.996 times
28 Fri Jun 2024	4672.95	4800.00	4976.00	4253.85	0.845 times
31 Fri May 2024	4733.45	4598.00	4908.00	4528.30	0.839 times

Scroll below to view daily charts

Price has moved down 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 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 but the sell signal is initial and weak.

Eicher Motors Stock is trading near its recent LOWS in short term which reflects strong selling momentum. 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 buy signal for Eicher Motors in short term but BUY signal is weak.

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 4830.28 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 has given negative returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.