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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.

Showing technical analysis as on 2024-05-31 View latest technical analysis

10 day averaged volume of Eastern Company is 17789

Date Daily Closing Price Open High Low Volume
31 Fri May 2024 27.08 27.83 28.13 26.98 0.438 times
30 Thu May 2024 27.85 28.15 28.32 27.55 0.63 times
29 Wed May 2024 28.79 28.00 28.81 27.52 0.849 times
28 Tue May 2024 27.48 27.96 28.41 27.20 1.574 times
23 Thu May 2024 28.31 29.39 29.39 28.04 0.635 times
22 Wed May 2024 29.06 28.28 29.40 28.28 1.012 times
21 Tue May 2024 28.49 28.03 28.56 27.77 0.669 times
20 Mon May 2024 27.84 29.65 29.65 27.61 1.74 times
17 Fri May 2024 29.63 28.66 30.12 28.66 0.809 times
16 Thu May 2024 28.99 28.75 29.10 28.75 0.791 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 27.7, but if it comes above 27.7, then a intra day buy could be more profitable.
If you take a sell trade below 27.7, then use 27.7 as stoploss and 26.3 as target. However if you take a buy trade in stock , then use 27.7 as stoploss and 28.88 as target.

Share price targets for Eastern Company (EML)

Target Type Value
Downside Target 20.50
Downside Target 22.63
Downside Target 25.00
Downside Target 26.98
Upside Target 27.61
Upside Target 28.49
Upside Target 29.65
Upside Target 30.59
Upside Target 31.98
Upside Target 32.45
Upside Target 34.25
Upside Target 35.78

Intraday share price targets for Eastern Company (EML)

Target Type Value
Downside Intraday Target 26.44
Downside Intraday Target 25.79
Upside Intraday Target 28.27
Upside Intraday Target 29.45
Upside Intraday Target 27.62

Weekly technical analysis of Eastern Company (EML)

Date Weekly Closing Price Open High Low Volume
31 Fri May 2024 27.08 27.96 28.81 26.98 0.861 times
23 Thu May 2024 28.31 29.65 29.65 27.61 0.915 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

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
31 Fri May 2024 27.08 31.86 32.45 26.98 0.672 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 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 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this 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 getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Eastern Company in short term and SELL 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

Although the stock is in the SELL zone, but selling might be slowing down

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 28.3 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.

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 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this 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 getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Eastern Company in short term and SELL 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

Although the stock is in the SELL zone, but selling might be slowing down

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 28.3 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.

Daily charts

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