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(EML) Eastern Company complete technical analysis [charts+indicators] | Buy/Sell Eastern Company | (EML) share price targets

Complete technical analysis of Eastern Company (EML) by charts plus indicators, forecast predictions and share price targets for Eastern Company (EML)

Eastern Company trades in USA in Capital Goods sector.

10 day averaged volume of Eastern Company is 25495

Date Daily Closing Price Open High Low Volume
16 Thu May 2024 28.99 28.75 29.10 28.75 0.552 times
15 Wed May 2024 28.69 29.18 29.18 27.83 0.901 times
14 Tue May 2024 28.16 28.11 28.22 27.96 0.377 times
13 Mon May 2024 28.25 28.64 28.72 28.10 0.698 times
10 Fri May 2024 28.93 29.15 29.64 28.64 0.518 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 28.9 as stoploss in an intra day buy trade for a target of 30.37. However, stock will show a bearish move below 28.9.

Share price targets for Eastern Company (EML)

Target Type Value
Downside Target 20.50
Downside Target 22.63
Downside Target 25.00
Downside Target 27.83
Downside Target 28.49
Upside Target 29.18
Upside Target 30.59
Upside Target 31.98
Upside Target 32.45
Upside Target 32.55
Upside Target 32.64
Upside Target 34.25
Upside Target 35.78

Intraday share price targets for Eastern Company (EML)

Target Type Value
Downside Intraday Target 28.15
Downside Intraday Target 27.32
Upside Intraday Target 29.5
Upside Intraday Target 30.02
Downside Intraday Target 28.67

Weekly technical analysis of Eastern Company (EML)

Date Weekly Closing Price Open High Low Volume
16 Thu May 2024 28.99 28.64 29.18 27.83 0.375 times
10 Fri May 2024 28.93 30.84 31.98 27.89 1.878 times
03 Fri May 2024 31.09 31.98 32.45 30.59 0.676 times
26 Fri Apr 2024 32.31 30.04 32.55 29.75 0.954 times
19 Fri Apr 2024 29.60 32.20 32.64 28.49 0.717 times

Price has moved up 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 Eastern Company (EML)

Date Monthly Closing Price Open High Low Volume
16 Thu May 2024 28.99 31.86 32.45 27.83 0.442 times
30 Tue Apr 2024 31.79 34.10 34.25 28.49 2.248 times
28 Thu Mar 2024 34.09 24.60 35.78 22.96 3.589 times
29 Thu Feb 2024 24.95 24.09 25.00 22.63 0.671 times

Price has moved down 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 Eastern Company (EML)

Indicator Name Indicator Value Indicator Signal
ADX 17, 26, 23 Sell
MACD -1, -0Sell
Stochastics 17Sell
CCI -28Buy
RSI 45Sell
OBV 210748Sell
VWAP 30Sell
ADL 0Sell
ROC -6Sell
Force Index 0Sell

Price action analysis of Eastern Company ( (EML) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Eastern Company ( (EML) ) 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 Eastern Company ( (EML) ) based on a short to mid 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 Eastern Company ( (EML) ) 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 Eastern Company stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Eastern Company in short term and the sell signal is strong.

Eastern Company Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

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

CCI has generated a buy signal for Eastern Company in short term but BUY signal is weak.

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in negative zone. This is the SELL zone

Stock of Eastern Company is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 29.53 and Eastern Company (EML) 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 Eastern Company (EML) stock. Volume based technical analysis of Eastern Company (EML) stock is negative.

Eastern Company Stock has given negative returns over a short term period. Returns for a longer term period have been negative.

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

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