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Technicals for Eicher Motors Limited
By MusingTheNews
2025-06-13 20:32
Overall Technical outlook
Price Summary
On 2025-06-12, EICHERMOT's stock began at 5351.0, peaked at 5375.0, dipped to 5302.0, and closed up -0.66% at 5315.5, with a volume of 337205 shares. Over the course of 52 weeks, the stock peaked at 5810.5 and hit a low of 4576.9. Analysts predict that the future price will fluctuate between 4079.0 and 6543.0, with the mean expected price being approximately 5509.8335.
Technicals
Support and Resistance: The price of 5315.5 is supported at 5310.75 and faces resistance at 5485.25. This range suggests key levels for EICHERMOT where the price may stabilize, with 5310.75 acting as a support and 5485.25 as a cap on gains. Support/Resistance for EICHERMOT
Aroon: The current state of the AROON 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. Aroon chart for Eicher Motors Limited
Bol. Bands: The BOLL BANDS 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. Bolinger Bands chart for Eicher Motors Limited
Parabolic SAR: The PSAR remains in a bearish mode, setting a strong resistance level that could impede any upward trends. This resistance indicates that the market may struggle to break higher, reflecting ongoing bearish sentiment for EICHERMOT. Parabolic Stop and Reverse chart for Eicher Motors Limited
Stochastic: The STOCHASTIC is showing a neutral reading, with no clear direction indicated for upward or downward movement. This neutral position suggests a possible period of consolidation. Stochastic chart for Eicher Motors Limited
Tripple Moving Agerage: The Tripple MOVING AVG is in a neutral stance, with no clear direction indicated for the market. This lack of clarity suggests that the market may be in a state of equilibrium for EICHERMOT, with no strong trend emerging. Tripple SMA chart for Eicher Motors Limited
Understanding a company's fundamentals—such as revenue, earnings, and debt levels—provides a solid foundation for analyzing its technical performance. Similarly, knowledge of the industry, including key competitors and market trends, is critical. Combining this fundamental analysis with technical indicators like stock charts, moving averages, and trading volume enables a more comprehensive approach to evaluating the company's overall health and potential future 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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