(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 2024-05-22 View latest technical analysis
10 day averaged volume of Eastern Company is 19409
| Date | Daily Closing Price | Open | High | Low | Volume |
| 22 Wed May 2024 | 29.06 | 28.28 | 29.40 | 28.28 | 0.927 times |
| 21 Tue May 2024 | 28.49 | 28.03 | 28.56 | 27.77 | 0.613 times |
| 20 Mon May 2024 | 27.84 | 29.65 | 29.65 | 27.61 | 1.595 times |
| 17 Fri May 2024 | 29.63 | 28.66 | 30.12 | 28.66 | 0.741 times |
| 16 Thu May 2024 | 28.99 | 28.75 | 29.10 | 28.75 | 0.725 times |
| 15 Wed May 2024 | 28.69 | 29.18 | 29.18 | 27.83 | 1.184 times |
| 14 Tue May 2024 | 28.16 | 28.11 | 28.22 | 27.96 | 0.495 times |
| 13 Mon May 2024 | 28.25 | 28.64 | 28.72 | 28.10 | 0.917 times |
| 10 Fri May 2024 | 28.93 | 29.15 | 29.64 | 28.64 | 0.68 times |
| 09 Thu May 2024 | 29.15 | 29.35 | 29.67 | 28.42 | 1.051 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 28.4 as stoploss in an intra day buy trade for a target of 29.89. However, stock will show a bearish move below 28.4.
Share price targets for Eastern Company (EML)
| Target Type | Value |
| Downside Target | 20.50 |
| Downside Target | 22.63 |
| Downside Target | 25.00 |
| Downside Target | 27.61 |
| Downside Target | 28.49 |
| Upside Target | 29.65 |
| Upside Target | 30.59 |
| Upside Target | 31.98 |
| Upside Target | 32.45 |
| Upside Target | 32.55 |
| Upside Target | 34.25 |
| Upside Target | 35.78 |
Intraday share price targets for Eastern Company (EML)
| Target Type | Value |
| Downside Intraday Target | 27.9 |
| Downside Intraday Target | 26.73 |
| Upside Intraday Target | 29.94 |
| Upside Intraday Target | 30.81 |
| Downside Intraday Target | 28.77 |
Weekly technical analysis of Eastern Company (EML)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 22 Wed May 2024 | 29.06 | 29.65 | 29.65 | 27.61 | 0.772 times |
| 17 Fri May 2024 | 29.63 | 28.64 | 30.12 | 27.83 | 0.459 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 |
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 Eastern Company (EML)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 22 Wed May 2024 | 29.06 | 31.86 | 32.45 | 27.61 | 0.558 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 | 0.636 times |
Scroll below to view daily charts
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)
Price action analysis of Eastern Company ( (EML) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 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 Weak and stock is losing momentum.
MACD generated a SELL signal for Eastern Company in short term and the sell signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Eastern Company Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a buy signal for Eastern Company in short term and BUY signal is strong.
RSI is generating a SELL signal in short term but selling is losing 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 28.66 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 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.
Price action analysis of Eastern Company ( (EML) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 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 Weak and stock is losing momentum.
MACD generated a SELL signal for Eastern Company in short term and the sell signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Eastern Company Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a buy signal for Eastern Company in short term and BUY signal is strong.
RSI is generating a SELL signal in short term but selling is losing 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 28.66 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 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.