(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.
Showing technical analysis as on 2024-01-22 View latest technical analysis
10 day averaged volume of Eastern Company is 7030
| Date | Daily Closing Price | Open | High | Low | Volume |
| 22 Mon Jan 2024 | 24.83 | 24.44 | 25.00 | 23.20 | 0.612 times |
| 19 Fri Jan 2024 | 24.66 | 24.45 | 24.82 | 24.31 | 0.811 times |
| 17 Wed Jan 2024 | 24.35 | 24.97 | 24.97 | 24.24 | 0.982 times |
| 16 Tue Jan 2024 | 24.85 | 24.47 | 24.99 | 23.70 | 1.195 times |
| 12 Fri Jan 2024 | 24.50 | 23.63 | 24.50 | 23.40 | 0.925 times |
| 12 Fri Jan 2024 | 24.50 | 23.63 | 24.50 | 23.40 | 0.925 times |
| 11 Thu Jan 2024 | 23.40 | 22.25 | 23.42 | 22.08 | 1.01 times |
| 10 Wed Jan 2024 | 22.55 | 22.61 | 22.75 | 22.50 | 1.294 times |
| 09 Tue Jan 2024 | 22.60 | 22.48 | 22.85 | 22.20 | 0.469 times |
| 08 Mon Jan 2024 | 22.62 | 22.02 | 22.80 | 21.53 | 1.067 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 24.1, but if it comes below 24.1, then a intra day sell could be more profitable.
If you take a sell trade below 24.1, then use 24.1 as stoploss and 23.01 as target. However if you take a buy trade in stock , then use 24.1 as stoploss and 25.5 as target.
Share price targets for Eastern Company (EML)
| Target Type | Value |
| Downside Target | 16.10 |
| Downside Target | 17.90 |
| Downside Target | 19.18 |
| Downside Target | 20.50 |
| Downside Target | 21.53 |
| Downside Target | 23.03 |
| Downside Target | 23.70 |
| Downside Target | 24.50 |
| Upside Target | 24.99 |
| Upside Target | 25.00 |
| Upside Target | 26.04 |
Intraday share price targets for Eastern Company (EML)
| Target Type | Value |
| Downside Intraday Target | 23.69 |
| Downside Intraday Target | 22.54 |
| Upside Intraday Target | 25.49 |
| Upside Intraday Target | 26.14 |
| Downside Intraday Target | 24.34 |
Weekly technical analysis of Eastern Company (EML)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 22 Mon Jan 2024 | 24.83 | 24.44 | 25.00 | 23.20 | 0.205 times |
| 19 Fri Jan 2024 | 24.66 | 24.47 | 24.99 | 23.70 | 3.231 times |
| 12 Fri Jan 2024 | 24.50 | 23.63 | 24.50 | 23.40 | 0.194 times |
| 12 Fri Jan 2024 | 24.50 | 22.02 | 24.50 | 21.53 | 1.45 times |
| 05 Fri Jan 2024 | 22.20 | 20.50 | 23.03 | 20.50 | 7.7 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 |
| 22 Mon Jan 2024 | 24.83 | 20.50 | 25.00 | 20.50 | 0.372 times |
| 29 Fri Dec 2023 | 22.00 | 18.01 | 26.04 | 18.00 | 1.147 times |
| 30 Thu Nov 2023 | 18.15 | 16.24 | 19.43 | 16.11 | 1.427 times |
| 31 Tue Oct 2023 | 16.26 | 18.00 | 18.30 | 16.10 | 0.909 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 Eastern Company (EML)
Price action analysis of Eastern Company ( (EML) ) 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 Eastern Company ( (EML) ) 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 Eastern Company ( (EML) ) 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 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 BUY. Signal strength is Weak and stock is losing momentum.
MACD generated a BUY signal for Eastern Company 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.
Eastern Company 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 green color and prices are above the green cloud Prices appear to be moving up
CCI has generated a SELL signal for Eastern Company in short term but SELL signal is weak.
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in positive zone. This is a BUY 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 23.86 and Eastern Company (EML) 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 Eastern Company (EML) stock. Volume based technical analysis of Eastern Company (EML) stock is negative.
Eastern Company 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.
Price action analysis of Eastern Company ( (EML) ) 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 Eastern Company ( (EML) ) 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 Eastern Company ( (EML) ) 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 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 BUY. Signal strength is Weak and stock is losing momentum.
MACD generated a BUY signal for Eastern Company 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.
Eastern Company 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 green color and prices are above the green cloud Prices appear to be moving up
CCI has generated a SELL signal for Eastern Company in short term but SELL signal is weak.
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in positive zone. This is a BUY 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 23.86 and Eastern Company (EML) 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 Eastern Company (EML) stock. Volume based technical analysis of Eastern Company (EML) stock is negative.
Eastern Company 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.