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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)

10 day averaged volume of Eureka Forbes is 592234

Date Daily Closing Price Open High Low Volume
25 Mon Nov 2024 559.40 563.10 569.70 556.10 5.535 times
22 Fri Nov 2024 557.70 565.10 570.90 556.25 0.373 times
21 Thu Nov 2024 567.70 580.00 589.00 560.10 0.647 times
19 Tue Nov 2024 576.30 595.00 603.40 555.80 0.256 times
18 Mon Nov 2024 590.20 587.60 598.35 584.60 0.255 times

Stock of Eureka Forbes (EUREKAFORB) has showed a significant upmove. This could be a good time to enter in this stock!

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 550.8 as stoploss in an intra day buy trade for a target of 573.78. However, stock will show a bearish move below 550.8.

Share price targets for Eureka Forbes (EUREKAFORB)

Target Type Value
Downside Target 493.25
Downside Target 511.00
Downside Target 534.05
Downside Target 547.25
Upside Target 569.70
Upside Target 603.40
Upside Target 626.40
Upside Target 637.05
Upside Target 644.00

Intraday share price targets for Eureka Forbes (EUREKAFORB)

Target Type Value
Downside Intraday Target 553.77
Downside Intraday Target 548.13
Upside Intraday Target 567.37
Upside Intraday Target 575.33
Upside Intraday Target 561.73

Weekly technical analysis of Eureka Forbes (EUREKAFORB)

Date Weekly Closing Price Open High Low Volume
25 Mon Nov 2024 559.40 563.10 569.70 556.10 3.616 times
22 Fri Nov 2024 557.70 587.60 603.40 555.80 0.708 times
14 Thu Nov 2024 594.80 603.00 626.40 555.60 0.319 times
08 Fri Nov 2024 601.60 573.65 644.00 547.25 22.579 times
01 Fri Nov 2024 571.10 534.05 574.50 534.05 0.587 times

Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Eureka Forbes (EUREKAFORB)

Date Monthly Closing Price Open High Low Volume
25 Mon Nov 2024 559.40 565.90 644.00 547.25 1.643 times
31 Thu Oct 2024 565.90 569.75 637.05 511.00 1.059 times
30 Mon Sep 2024 568.10 499.45 577.00 493.25 0 times
01 Thu Jan 1970 0 times

Price has moved down this month, and volume has increased substantially. This means that the move can continue in coming months.

Indicators analysis of Eureka Forbes (EUREKAFORB)

Indicator Name Indicator Value Indicator Signal
ADX 13, 20, 22 Sell
MACD 3, 8Sell
Stochastics 7Sell
CCI -100Buy
RSI 59Buy
OBV 3709313Sell
VWAP 570Sell
ADL 0Sell
ROC -12Sell
Force Index 0Sell

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 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

Price action analysis of Eureka Forbes ( (EUREKAFORB) ) based on a mid to longer term time period is

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 but the sell signal is initial and weak.

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 in or above 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

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 570.17 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.

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