(ERO) complete technical analysis [charts+indicators] | Buy/Sell | (ERO) share price targets
Complete technical analysis of (ERO) by charts plus indicators, forecast predictions and share price targets for (ERO)
10 day averaged volume of is 440220
| Date | Daily Closing Price | Open | High | Low | Volume |
| 31 Fri May 2024 | 21.30 | 21.78 | 21.85 | 20.98 | 0.933 times |
| 30 Thu May 2024 | 21.61 | 21.70 | 21.96 | 21.52 | 0.881 times |
| 29 Wed May 2024 | 21.72 | 22.57 | 22.66 | 21.66 | 1.096 times |
| 28 Tue May 2024 | 23.13 | 22.77 | 23.53 | 22.39 | 1.068 times |
| 24 Fri May 2024 | 22.78 | 22.20 | 22.84 | 22.11 | 0.526 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 21.2 as stoploss in an intra day buy trade for a target of 22.09. However, stock will show a bearish move below 21.2.
Share price targets for (ERO)
| Target Type | Value |
| Downside Target | 13.78 |
| Downside Target | 14.40 |
| Downside Target | 15.80 |
| Downside Target | 16.67 |
| Downside Target | 17.19 |
| Downside Target | 18.28 |
| Downside Target | 19.43 |
| Downside Target | 19.99 |
| Downside Target | 20.98 |
| Upside Target | 21.87 |
| Upside Target | 22.54 |
| Upside Target | 23.53 |
| Upside Target | 23.90 |
| Upside Target | 24.34 |
Intraday share price targets for (ERO)
| Target Type | Value |
| Downside Intraday Target | 20.34 |
| Downside Intraday Target | 19.39 |
| Upside Intraday Target | 22.89 |
| Upside Intraday Target | 24.49 |
| Upside Intraday Target | 21.94 |
Weekly technical analysis of (ERO)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 31 Fri May 2024 | 21.30 | 22.77 | 23.53 | 20.98 | 0.876 times |
| 24 Fri May 2024 | 22.78 | 24.10 | 24.34 | 21.87 | 0.886 times |
| 17 Fri May 2024 | 23.87 | 21.70 | 23.90 | 21.32 | 0.941 times |
| 10 Fri May 2024 | 21.52 | 21.09 | 22.54 | 20.32 | 1 times |
| 03 Fri May 2024 | 20.82 | 20.87 | 21.24 | 19.99 | 0.991 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 (ERO)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 31 Fri May 2024 | 21.30 | 20.21 | 24.34 | 19.99 | 0.951 times |
| 30 Tue Apr 2024 | 20.39 | 19.50 | 22.21 | 18.28 | 1.374 times |
| 28 Thu Mar 2024 | 19.28 | 17.26 | 19.43 | 15.80 | 1.334 times |
| 29 Thu Feb 2024 | 17.06 | 15.94 | 17.19 | 13.78 | 0.916 times |
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 (ERO)
| Indicator Name | Indicator Value | Indicator Signal |
| ADX | 24, 29, 10 | Sell |
| MACD | 1, 1 | Sell |
| Stochastics | 5 | Sell |
| CCI | -123 | Sell |
| RSI | 52 | Buy |
| OBV | 1473539 | Sell |
| VWAP | 23 | Sell |
| ADL | 0 | Sell |
| ROC | -4 | Sell |
| Force Index | 0 | Sell |
Price action analysis of ( (ERO) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of ( (ERO) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of ( (ERO) ) 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 ( (ERO) ) 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 stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.
MACD generated a SELL signal for in short term but the sell signal is initial and weak.
Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
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 in short term and SELL signal is strong!
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in positive zone. This is a BUY zone
Stock of is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 22.71 and (ERO) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
People seem to be coming out and selling the (ERO) stock. Volume based technical analysis of (ERO) stock is negative.
Stock has given negative 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.
Stock Exchange charts NSE Stock Exchange BSE Stock Exchange USA Stock Exchange Stock Charts NSE FNO Stock Analysis
MNC.News NASDAQ NSE BSE Money SIP
Munafa NEWSTerms of Use Create Support ticket Your support tickets Powered by ePowerPress Stock Market News! Top Seo SMO © mncstock.com2024 All Rights reserved.