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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 2025-01-23 View latest technical analysis

10 day averaged volume of Eureka Forbes is 158329

Date	Daily Closing Price	Open	High	Low	Volume
23 Thu Jan 2025	546.15	535.05	553.50	530.20	0.971 times
22 Wed Jan 2025	536.45	550.00	550.80	529.00	1.3 times
21 Tue Jan 2025	545.80	559.00	560.75	540.00	0.772 times
20 Mon Jan 2025	557.15	554.95	567.00	550.00	1.5 times
17 Fri Jan 2025	554.20	564.65	564.65	550.10	0.788 times
16 Thu Jan 2025	567.35	569.00	580.00	565.45	0.527 times
15 Wed Jan 2025	569.65	584.00	587.40	558.95	0.655 times
14 Tue Jan 2025	578.75	556.00	580.20	547.10	0.824 times
13 Mon Jan 2025	554.40	566.00	572.15	544.00	1.599 times
10 Fri Jan 2025	578.20	586.10	588.05	562.00	1.322 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 555, but if it comes above 555, then a intra day buy could be more profitable.
If you take a sell trade below 555, then use 555 as stoploss and 531.9 as target. However if you take a buy trade in stock , then use 555 as stoploss and 574.26 as target.

Share price targets for Eureka Forbes (EUREKAFORB)

Target Type	Value
Downside Target	493.25
Downside Target	511.00
Downside Target	529.00
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	527.77
Downside Intraday Target	509.38
Upside Intraday Target	565.77
Upside Intraday Target	585.38
Upside Intraday Target	547.38

Weekly technical analysis of Eureka Forbes (EUREKAFORB)

Date	Weekly Closing Price	Open	High	Low	Volume
23 Thu Jan 2025	546.15	554.95	567.00	529.00	1.034 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 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
23 Thu Jan 2025	546.15	577.05	611.55	529.00	0.62 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 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

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 weakening, and bulls are picking up momentum!

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 557.75 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.