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Technicals for Eicher Motors Limited
By MusingTheNews
2025-07-16 20:32
Overall Technical outlook
Price Summary
Eicher Motors Limited's stock started trading at 5600.0 on 2025-07-16, climbed to 5633.5, fell to 5540.0, and closed 0.47% higher at 5626.5, with 226507 shares traded. The stock's highest price in the past 52 weeks is 5810.5, while its lowest price during the same period is 4576.9. 35 analysts estimate that the future price of EICHERMOT will fall between 4079.0 and 6543.0, with an average price expectation of approximately 5523.143.
Technicals
Support and Resistance: The price is currently at 5626.5, supported by 5485.25 and resisted by 5784.0. This indicates a range where 5485.25 may provide a base for the price, while 5784.0 serves as a cap on further upward movement for EICHERMOT. Support/Resistance for EICHERMOT
Aroon: The AROON is currently neutral, showing no clear bias toward a rising or falling trend. This lack of directional clarity suggests that the market may be in a holding pattern, awaiting further developments. Aroon chart for Eicher Motors Limited
Bol. Bands: The current state of the BOLL BANDS is neutral, with no clear trend direction indicated. This lack of directional bias suggests that the market may be in a phase of consolidation or uncertainty. Bolinger Bands chart for Eicher Motors Limited
Parabolic SAR: The PSAR maintains its bearish stance, setting a strong resistance level that could limit any potential upward movement. This ongoing bearish outlook suggests that the market may continue to face resistance, making it difficult to achieve significant gains for Eicher Motors Limited. Parabolic Stop and Reverse chart for Eicher Motors Limited
Stochastic: The current reading of the STOCHASTIC is neutral for EICHERMOT, with no clear signals for an upward or downward trend. This indicates that the market may be in a state of uncertainty, with no dominant force driving the direction. Stochastic chart for Eicher Motors Limited
Tripple Moving Agerage: The alignment of the 20, 50, and 100 moving averages suggests a bearish trend, but the wavering slopes of the 20 and 50 SMAs hint at a potential shift. This weakening momentum could indicate that the bearish trend is running out of steam, possibly leading to a bullish reversal in the near future. Investors should be aware of the possibility of a market turnaround as the current downtrend begins to falter. Tripple SMA chart for Eicher Motors Limited
When evaluating a company's technical data, such as stock price charts or volume, it is essential to first consider its fundamentals. These fundamentals include financial stability, growth potential, and competitive advantages. Additionally, understanding the broader industry in which the company operates offers context that helps to make sense of technical patterns. By examining both the company's internal strengths and external environment, one can make more accurate and meaningful conclusions about its stock performance.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
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