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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 2024-10-23 View latest technical analysis

10 day averaged volume of Eicher Motors is 574506

Date	Daily Closing Price	Open	High	Low	Volume
23 Wed Oct 2024	4677.75	4722.55	4725.45	4653.15	1.142 times
22 Tue Oct 2024	4759.05	4810.45	4826.20	4749.65	0.919 times
21 Mon Oct 2024	4810.45	4765.00	4852.85	4743.00	1.298 times
18 Fri Oct 2024	4765.65	4613.90	4799.90	4612.05	1.356 times
17 Thu Oct 2024	4623.85	4645.00	4654.95	4521.00	0.895 times
16 Wed Oct 2024	4678.25	4724.00	4734.00	4641.00	0.662 times
15 Tue Oct 2024	4722.10	4779.75	4799.90	4695.90	0.644 times
14 Mon Oct 2024	4779.80	4749.00	4810.00	4730.65	0.603 times
11 Fri Oct 2024	4728.05	4704.00	4808.15	4660.00	1.471 times
10 Thu Oct 2024	4697.90	4737.80	4769.00	4690.00	0.532 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 4660.1 as stoploss in an intra day buy trade for a target of 4787.67. However, stock will show a bearish move below 4660.1.

Share price targets for Eicher Motors (EICHERMOT)

Target Type	Value
Downside Target	4253.85
Downside Target	4521.00
Upside Target	4808.15
Upside Target	4852.85
Upside Target	4976.00
Upside Target	5023.00
Upside Target	5045.95
Upside Target	5058.90
Upside Target	5085.00
Upside Target	5105.00

Intraday share price targets for Eicher Motors (EICHERMOT)

Target Type	Value
Downside Intraday Target	4602.98
Downside Intraday Target	4528.22
Upside Intraday Target	4802.68
Upside Intraday Target	4927.62
Upside Intraday Target	4727.92

Weekly technical analysis of Eicher Motors (EICHERMOT)

Date	Weekly Closing Price	Open	High	Low	Volume
23 Wed Oct 2024	4677.75	4765.00	4852.85	4653.15	0.807 times
18 Fri Oct 2024	4765.65	4749.00	4810.00	4521.00	0.749 times
11 Fri Oct 2024	4728.05	4748.80	4808.15	4586.20	1.152 times
04 Fri Oct 2024	4706.80	5062.00	5085.00	4690.85	0.714 times
27 Fri Sep 2024	5062.60	4990.00	5105.00	4851.00	1.387 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
23 Wed Oct 2024	4677.75	5026.30	5045.95	4521.00	0.882 times
30 Mon Sep 2024	5026.25	4949.75	5105.00	4689.35	0.818 times
30 Fri Aug 2024	4960.50	4970.50	5023.00	4548.00	1.081 times
31 Wed Jul 2024	4962.70	4640.00	5058.90	4592.90	0.996 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 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 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 trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

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

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

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. Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of red color and prices are below the red 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 but buying is losing 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 4729.52 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.