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(EUREKAFORB) Eureka Forbes complete technical analysis [charts+indicators] | Buy/Sell Eureka Forbes | (EUREKAFORB) share price targets

Complete technical analysis of Eureka Forbes (EUREKAFORB) by charts plus indicators, forecast predictions and share price targets for Eureka Forbes (EUREKAFORB)

Showing technical analysis as on 2025-01-08 View latest technical analysis

10 day averaged volume of Eureka Forbes is 191521

Date	Daily Closing Price	Open	High	Low	Volume
08 Wed Jan 2025	598.40	607.00	607.00	587.45	0.356 times
07 Tue Jan 2025	603.70	593.95	606.50	591.90	1.058 times
06 Mon Jan 2025	589.00	605.95	611.55	584.70	1.37 times
03 Fri Jan 2025	601.25	590.55	606.80	590.55	0.796 times
02 Thu Jan 2025	594.35	582.05	597.65	581.15	1.749 times
01 Wed Jan 2025	581.80	577.05	587.80	575.05	0.692 times
31 Tue Dec 2024	579.20	583.00	583.00	568.30	1.056 times
30 Mon Dec 2024	579.75	574.05	583.95	571.15	0.824 times
27 Fri Dec 2024	578.80	591.75	592.00	575.00	1.07 times
26 Thu Dec 2024	589.40	587.95	596.60	578.10	1.013 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 601.1 as stoploss in an intra day sell trade for a target of 588.91. However, stock will show a bullish move above 601.1.

Share price targets for Eureka Forbes (EUREKAFORB)

Target Type	Value
Downside Target	493.25
Downside Target	511.00
Downside Target	547.25
Upside Target	605.00
Upside Target	606.80
Upside Target	611.55
Upside Target	637.00
Upside Target	637.05
Upside Target	644.00
Upside Target	648.00

Intraday share price targets for Eureka Forbes (EUREKAFORB)

Target Type	Value
Downside Intraday Target	584.88
Downside Intraday Target	571.37
Upside Intraday Target	611.73
Upside Intraday Target	625.07
Downside Intraday Target	598.22

Weekly technical analysis of Eureka Forbes (EUREKAFORB)

Date	Weekly Closing Price	Open	High	Low	Volume
08 Wed Jan 2025	598.40	605.95	611.55	584.70	0.544 times
03 Fri Jan 2025	601.25	574.05	606.80	568.30	1.553 times
27 Fri Dec 2024	578.80	578.25	596.60	556.25	0.603 times
20 Fri Dec 2024	572.20	598.35	605.00	560.00	1.024 times
13 Fri Dec 2024	598.35	629.90	637.00	590.20	0.639 times

Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Eureka Forbes (EUREKAFORB)

Date	Monthly Closing Price	Open	High	Low	Volume
08 Wed Jan 2025	598.40	577.05	611.55	575.05	0.248 times
31 Tue Dec 2024	579.20	615.00	648.00	556.25	0.43 times
29 Fri Nov 2024	610.50	565.90	644.00	547.25	1.908 times
31 Thu Oct 2024	565.90	569.75	637.05	511.00	1.039 times

Scroll below to view daily charts

Price has moved up this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Eureka Forbes (EUREKAFORB)

Price action analysis of Eureka Forbes ( (EUREKAFORB) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Eureka Forbes ( (EUREKAFORB) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Eureka Forbes ( (EUREKAFORB) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Eureka Forbes ( (EUREKAFORB) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Eureka Forbes stock for short term is BUY. Signal strength is Weak and stock is losing momentum.

MACD generated a BUY signal for Eureka Forbes in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Eureka Forbes Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Eureka Forbes in short term but SELL signal is weak.

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Eureka Forbes is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 589.45 and Eureka Forbes (EUREKAFORB) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

People seem to be coming out and selling the Eureka Forbes (EUREKAFORB) stock. Volume based technical analysis of Eureka Forbes (EUREKAFORB) stock is negative.

Eureka Forbes Stock is giving positive returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.