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(EUREKAFORB) Eureka Forbes complete technical analysis [charts+indicators] | Buy/Sell Eureka Forbes | (EUREKAFORB) share price targets

Complete technical analysis of Eureka Forbes (EUREKAFORB) by charts plus indicators, forecast predictions and share price targets for Eureka Forbes (EUREKAFORB)

Showing technical analysis as on 2025-01-16 View latest technical analysis

10 day averaged volume of Eureka Forbes is 183001

Date	Daily Closing Price	Open	High	Low	Volume
16 Thu Jan 2025	567.35	569.00	580.00	565.45	0.456 times
15 Wed Jan 2025	569.65	584.00	587.40	558.95	0.567 times
14 Tue Jan 2025	578.75	556.00	580.20	547.10	0.713 times
13 Mon Jan 2025	554.40	566.00	572.15	544.00	1.384 times
10 Fri Jan 2025	578.20	586.10	588.05	562.00	1.144 times
09 Thu Jan 2025	590.90	595.10	600.00	586.20	0.616 times
08 Wed Jan 2025	598.40	607.00	607.00	587.45	0.373 times
07 Tue Jan 2025	603.70	593.95	606.50	591.90	1.107 times
06 Mon Jan 2025	589.00	605.95	611.55	584.70	1.434 times
03 Fri Jan 2025	601.25	590.55	606.80	590.55	0.833 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 569.9, but if it comes above 569.9, then a intra day buy could be more profitable.
If you take a sell trade below 569.9, then use 569.9 as stoploss and 555.4 as target. However if you take a buy trade in stock , then use 569.9 as stoploss and 581.88 as target.

Share price targets for Eureka Forbes (EUREKAFORB)

Target Type	Value
Downside Target	493.25
Downside Target	511.00
Downside Target	544.00
Upside Target	596.60
Upside Target	605.00
Upside Target	606.80
Upside Target	611.55
Upside Target	637.05
Upside Target	644.00
Upside Target	648.00

Intraday share price targets for Eureka Forbes (EUREKAFORB)

Target Type	Value
Downside Intraday Target	545.1
Downside Intraday Target	522.85
Upside Intraday Target	588.5
Upside Intraday Target	609.65
Downside Intraday Target	566.25

Weekly technical analysis of Eureka Forbes (EUREKAFORB)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Thu Jan 2025	567.35	566.00	587.40	544.00	0.667 times
10 Fri Jan 2025	578.20	605.95	611.55	562.00	0.873 times
03 Fri Jan 2025	601.25	574.05	606.80	568.30	1.553 times
27 Fri Dec 2024	578.80	578.25	596.60	556.25	0.603 times
20 Fri Dec 2024	572.20	598.35	605.00	560.00	1.024 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 Eureka Forbes (EUREKAFORB)

Date	Monthly Closing Price	Open	High	Low	Volume
16 Thu Jan 2025	567.35	577.05	611.55	544.00	0.439 times
31 Tue Dec 2024	579.20	615.00	648.00	556.25	0.43 times
29 Fri Nov 2024	610.50	565.90	644.00	547.25	1.908 times
31 Thu Oct 2024	565.90	569.75	637.05	511.00	1.039 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 Eureka Forbes (EUREKAFORB)

Price action analysis of Eureka Forbes ( (EUREKAFORB) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Eureka Forbes ( (EUREKAFORB) ) 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 Eureka Forbes ( (EUREKAFORB) ) 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 Eureka Forbes ( (EUREKAFORB) ) 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 Eureka Forbes stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Eureka Forbes in short term and the sell signal is strong.

Eureka Forbes 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 weakening, and bulls 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 Eureka Forbes 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 positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying might be slowing down

Stock of Eureka Forbes is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 582.37 and Eureka Forbes (EUREKAFORB) 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 Eureka Forbes (EUREKAFORB) stock. Volume based technical analysis of Eureka Forbes (EUREKAFORB) stock is negative.

Eureka Forbes 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.