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Stock analysis Eicher Motors Limited EICHERMOT

More indepth analysis on MunafaSutra.com

Moving Averages for Eicher Motors Limited

  • 5Day Average: 4314.53
  • 12Day Average: 4187.01
  • 20Day Average: 4076.64
  • 50Day Average: 3939.15
  • 100Day Average: 3922.88
  • 150Day Average: 3778.58
  • 200Day Average: 3672.41

EICHERMOT Indicators & signals

Indicator MACD (12,26,9)

4210.32, 4080.39, 98.67
Indicator MACD is in positive zone

Indicator ADX (14)

40.53, 32.59, 13.79
Indicator ADX is indicating that momentum is weak.
Indicator ADX is showing that momentum is towards buying

Indicator RSI (14)

Current RSI is: 58
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of EICHERMOT Eicher Motors Limited are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
19 Fri Apr 2024 4344.15 4261.30 to 4369.45 -0.16% 0.67 times
18 Thu Apr 2024 4351.20 4338.05 to 4444.00 -0.1% 1.22 times
16 Tue Apr 2024 4355.70 4206.30 to 4404.00 3.23% 1.36 times
15 Mon Apr 2024 4219.35 4193.75 to 4317.85 -1.93% 0.8 times
12 Fri Apr 2024 4302.25 4267.80 to 4382.80 -0.3% 1.05 times
10 Wed Apr 2024 4315.10 4222.05 to 4335.00 1.56% 0.94 times
09 Tue Apr 2024 4248.65 4137.50 to 4267.90 1.02% 0.9 times
08 Mon Apr 2024 4205.75 4011.60 to 4303.45 4.33% 2.01 times
05 Fri Apr 2024 4031.25 3967.55 to 4046.55 0.42% 0.5 times
04 Thu Apr 2024 4014.30 3892.05 to 4030.00 2.04% 0.86 times
03 Wed Apr 2024 3934.20 3886.10 to 3943.10 0.31% 0.36 times
02 Tue Apr 2024 3922.20 3914.30 to 3990.00 -0.62% 0.45 times

Technical analysis forecast of Eicher Motors Limited Stock is that its in a uptrend for shortterm, and I will avoid taking a SHORT or SELL trade in this stock. Look for opportunities to BUY or go LONG in Eicher Motors Limited EICHERMOT at this time. Stock is rising and might rise more.

It appears as if Eicher Motors Limited EICHERMOT gave a large move recently.

Stock of Eicher Motors Limited (EICHERMOT) is trading above an important moving average line, and it has been above this line for quite some time now. This is a good sign, and the stock might keep rising and move higher!

My analysis of Eicher Motors Limited is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if Eicher Motors Limited stays above 4314.8, but if it comes below 4314.8, then a intra day sell could be more profitable.
If you take a sell trade below 4314.8, then use 4314.8 as stoploss and 4124.22 as target. However if you take a buy trade in Eicher Motors Limited, then use 4314.8 as stoploss and 4543.6 as target.

More indepth analysis on MunafaSutra.com