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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 2025-05-16 View latest technical analysis

10 day averaged volume of Eureka Forbes is 250221

Date	Daily Closing Price	Open	High	Low	Volume
16 Fri May 2025	595.25	546.60	602.20	539.10	6.472 times
15 Thu May 2025	542.95	536.30	550.80	535.00	0.466 times
14 Wed May 2025	536.30	518.00	540.20	516.15	1.811 times
13 Tue May 2025	515.60	495.00	520.20	495.00	1.758 times
12 Mon May 2025	492.95	506.00	512.05	488.30	1.509 times
09 Fri May 2025	499.65	482.10	505.00	482.10	0.499 times
08 Thu May 2025	499.15	497.90	509.00	495.70	0.508 times
07 Wed May 2025	495.35	490.00	498.00	482.00	1.238 times
06 Tue May 2025	491.80	493.00	494.50	485.60	1.056 times
05 Mon May 2025	491.45	495.00	495.20	488.00	0.259 times

Stock of Eureka Forbes (EUREKAFORB) has showed a significant upmove. This could be a good time to enter in this stock!

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 564.4, for a target of 535.5 or 511.32

Share price targets for Eureka Forbes (EUREKAFORB)

Target Type	Value
Downside Target	461.50
Downside Target	471.95
Downside Target	482.00
Downside Target	526.20
Downside Target	526.45
Downside Target	542.55
Downside Target	558.00
Downside Target	568.05
Upside Target	602.20
Upside Target	611.55

Intraday share price targets for Eureka Forbes (EUREKAFORB)

Target Type	Value
Downside Intraday Target	521.63
Downside Intraday Target	448.02
Upside Intraday Target	635.53
Upside Intraday Target	675.82
Downside Intraday Target	561.92

Weekly technical analysis of Eureka Forbes (EUREKAFORB)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Fri May 2025	595.25	506.00	602.20	488.30	3.376 times
09 Fri May 2025	499.65	495.00	509.00	482.00	1.143 times
02 Fri May 2025	493.90	505.00	507.85	488.05	0.636 times
25 Fri Apr 2025	500.00	516.05	526.20	498.05	1.569 times
17 Thu Apr 2025	523.20	507.05	526.45	499.75	1.135 times

Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Eureka Forbes (EUREKAFORB)

Date	Monthly Closing Price	Open	High	Low	Volume
16 Fri May 2025	595.25	495.00	602.20	482.00	1.14 times
30 Wed Apr 2025	492.75	540.10	542.55	485.75	0.501 times
28 Fri Mar 2025	542.25	487.10	558.00	471.95	1.711 times
28 Fri Feb 2025	487.10	557.95	568.05	461.50	0.897 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 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 Strong and stock is gaining 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 stronger in this stock.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up

CCI has generated a buy signal for Eureka Forbes in short term and BUY signal is strong.

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 545.05 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.