Overall Technical outlook

Price Summary

On 2025-05-29, EICHERMOT's stock opened at 5328.5, reached a peak of 5396.5, dropped to 5287.0, and ended 0.95% up at 5379.0, with a volume of 704795 shares.
The peak price for the stock in the past 52 weeks is 5810.5, with the lowest price being 4495.4.
The price projection is between 4079.0 and 6543.0, with an average expected price around 5509.8335, according to 36 analysts.

Technicals

Support and Resistance: At 5379.0, the price for EICHERMOT is supported at 5310.75 and resisted at 5485.25. This indicates a trading range where 5310.75 serves as a support level, potentially preventing further decline, while 5485.25 could limit upward movement.
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Support/Resistance for EICHERMOT


Aroon: The AROON is in a neutral stance, with no clear signals for movement up or down. This neutral position indicates a potential period of consolidation or uncertainty in the market.
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Aroon chart for Eicher Motors Limited


Bol. Bands: The BOLL BANDS 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.
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Bolinger Bands chart for Eicher Motors Limited


Parabolic SAR: The PSAR continues its bearish outlook, setting a key resistance level that could limit upward potential. This resistance suggests that the market may struggle to break higher, reflecting ongoing bearish pressure for EICHERMOT.
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Parabolic Stop and Reverse chart for Eicher Motors Limited


Stochastic: The STOCHASTIC is in a neutral stance for EICHERMOT, not indicating a clear upward or downward trend. This suggests a period of market indecision, where neither bulls nor bears have the upper hand.
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Stochastic chart for Eicher Motors Limited


Tripple Moving Agerage: The current state of the Tripple MOVING AVG is neutral, providing no clear signals for either an upward or downward movement. This indicates that the market may be in a state of equilibrium, with no strong momentum in either direction.
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Tripple SMA chart for Eicher Motors Limited


When evaluating a company, it is crucial to examine its fundamentals, including its financial statements, management structure, and market position. Additionally, understanding the broader industry trends, competition, and regulatory landscape helps to create a well-rounded view. By assessing both the company's internal factors and the external environment in which it operates, you can extract more valuable insights from its technical performance, such as stock price movements and trading patterns.