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Technicals for Eicher Motors Limited
By MusingTheNews
2025-08-15 20:32
Overall Technical outlook
Price Summary
Eicher Motors Limited's stock began trading at 5710.0 on 2025-08-14, soared to 5785.5, dipped to 5710.0, and finished the day 0.95% up at 5764.0, with 415010 shares exchanged. Over the past year, the stock's highest price was 5810.5, and its lowest was 4588.7. Analysts predict that the future price will fluctuate between 4079.0 and 6600.0, with the mean expected price being approximately 5637.206.
Technicals
Support and Resistance: The price of 5764.0 is supported at 5658.0 and faces resistance at 5784.0. This range suggests key levels for EICHERMOT where the price may stabilize, with 5658.0 acting as a support and 5784.0 as a cap on gains. Support/Resistance for EICHERMOT
Aroon: The continuation of Aroon's bullish trend, with Aroon Up at the 100 level, signals ongoing strength. To fully understand the implications of this trend, it should be examined further in conjunction with other technical indicators. 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 maintains its bullish stance, setting a significant support level that could help sustain the market's upward movement. This strong support suggests that Eicher Motors Limited is likely to continue trending higher, providing investors with confidence in the ongoing bullish momentum. Parabolic Stop and Reverse chart for Eicher Motors Limited
Stochastic: With the K-line exceeding both the D-line and the 80 level, the stochastic indicator is showing a bullish signal. This suggests strong upward momentum, indicating that the market may continue to trend higher. Traders could view this as a sign of ongoing strength in the market. 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 weakening slopes of the 20 and 50 SMAs hint at a potential shift. This wavering could indicate that the bearish momentum is slowing down, possibly leading to a reversal towards bullish price action. Investors should watch for signs of a trend change as the market might be gearing up for a new upward move. Tripple SMA chart for Eicher Motors Limited
To derive valuable insights from a company's technical performance, it is essential to first understand its fundamentals. This includes its financial health, business model, and market share. Equally important is the industry context, such as competition, consumer demand, and market trends. By examining these aspects together, investors can gain a more comprehensive view of how the company's stock behaves and whether it's aligned with its underlying value.
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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