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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 2025-01-20 View latest technical analysis

10 day averaged volume of Eureka Forbes is 155086

Date	Daily Closing Price	Open	High	Low	Volume
20 Mon Jan 2025	557.15	554.95	567.00	550.00	1.532 times
17 Fri Jan 2025	554.20	564.65	564.65	550.10	0.805 times
16 Thu Jan 2025	567.35	569.00	580.00	565.45	0.538 times
15 Wed Jan 2025	569.65	584.00	587.40	558.95	0.669 times
14 Tue Jan 2025	578.75	556.00	580.20	547.10	0.841 times
13 Mon Jan 2025	554.40	566.00	572.15	544.00	1.633 times
10 Fri Jan 2025	578.20	586.10	588.05	562.00	1.35 times
09 Thu Jan 2025	590.90	595.10	600.00	586.20	0.727 times
08 Wed Jan 2025	598.40	607.00	607.00	587.45	0.44 times
07 Tue Jan 2025	603.70	593.95	606.50	591.90	1.306 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 565.5, but if it comes above 565.5, then a intra day buy could be more profitable.
If you take a sell trade below 565.5, then use 565.5 as stoploss and 548.3 as target. However if you take a buy trade in stock , then use 565.5 as stoploss and 579.76 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	587.40
Upside Target	596.60
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	549.1
Downside Intraday Target	541.05
Upside Intraday Target	566.1
Upside Intraday Target	575.05
Upside Intraday Target	558.05

Weekly technical analysis of Eureka Forbes (EUREKAFORB)

Date	Weekly Closing Price	Open	High	Low	Volume
20 Mon Jan 2025	557.15	554.95	567.00	550.00	0.341 times
17 Fri Jan 2025	554.20	566.00	587.40	544.00	0.813 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

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 Eureka Forbes (EUREKAFORB)

Date	Monthly Closing Price	Open	High	Low	Volume
20 Mon Jan 2025	557.15	577.05	611.55	544.00	0.517 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 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 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 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 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 Eureka Forbes stock for short term is SELL. Signal strength is Strong and stock is losing momentum.

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

Eureka Forbes 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 red color and prices are below the red cloud Prices appear to be moving up

CCI has generated a buy signal for Eureka Forbes in short term but BUY signal is weak.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in positive zone. This is a BUY zone

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 573.11 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.