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Technicals for Eicher Motors Limited
By MusingTheNews
2025-09-04 20:27
Overall Technical outlook
Price Summary
On 2025-09-03, Eicher Motors Limited's stock opened at 6349.0, peaked at 6379.0, hit a low of 6308.0, and closed 0.35% higher at 6371.5, with 536107 shares changing hands. The stock's highest price in the past 52 weeks is 6371.5, while its lowest price during the same period is 4588.7. 35 analysts estimate that the future price of EICHERMOT will fall between 4079.0 and 6723.0, with an average price expectation of approximately 5703.2856.
Technicals
Aroon: The AROON is currently neutral, showing no clear bias toward an upward or downward trend. This suggests that the market may be in a phase of indecision or consolidation. Aroon chart for Eicher Motors Limited
Bol. Bands: The BOLL BANDS is currently neutral, offering no clear guidance on market direction. This suggests that the market may be in a state of pause, with no strong trend emerging. Bolinger Bands chart for Eicher Motors Limited
Parabolic SAR: The PSAR continues its bullish outlook, reinforcing a crucial support level that may help sustain the current upward trend. This support suggests that the market is likely to continue climbing, with the bullish momentum remaining strong. Parabolic Stop and Reverse chart for Eicher Motors Limited
Stochastic: The stochastic indicator reflects bullish conditions for EICHERMOT, with the K-line above both the D-line and the 80 level. This setup suggests strong upward momentum, implying that the market may continue to experience gains. Investors could interpret this as a sign of ongoing strength. Stochastic chart for Eicher Motors Limited
Tripple Moving Agerage: The 20, 50, and 100 moving averages are currently aligned bearishly, indicating a downtrend. However, the slopes of the 20 and 50 SMAs are starting to waver, suggesting that this bearish momentum might be fading. This could be an early indication of a potential bullish reversal, as the market's current downward trend loses strength and prepares for a possible shift towards more positive price action. Tripple SMA chart for Eicher Motors Limited
To properly assess the technical data of a company, it's important to first look at its fundamentals, such as its earnings, growth potential, and management effectiveness. Equally, understanding the industry trends, competition, and external economic factors that influence the company is vital. This holistic view helps draw meaningful conclusions about the company's technical performance, allowing investors to better gauge its stock price behavior, volatility, and market trends.
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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