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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 2024-11-06 View latest technical analysis

10 day averaged volume of Eastern Company is 13050

Date Daily Closing Price Open High Low Volume
06 Wed Nov 2024 30.61 34.00 35.03 30.21 3.992 times
05 Tue Nov 2024 31.52 30.53 31.52 30.53 1.165 times
04 Mon Nov 2024 30.49 30.69 31.09 30.04 1.149 times
01 Fri Nov 2024 30.82 31.10 31.77 30.42 0.667 times
31 Thu Oct 2024 31.14 31.11 32.58 30.98 0.912 times
30 Wed Oct 2024 31.37 31.80 31.81 31.21 1.249 times
29 Tue Oct 2024 31.64 31.94 31.94 31.04 0.843 times
28 Mon Oct 2024 32.00 31.50 32.00 31.24 1.057 times
25 Fri Oct 2024 31.15 32.39 32.39 30.98 0.973 times
24 Thu Oct 2024 32.26 32.75 32.75 32.20 1.126 times

Stock of Eastern Company (EML) has showed a significant fall. This could be a good time to exit from this stock.

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 31.1, but if it comes above 31.1, then a intra day buy could be more profitable.
If you take a sell trade below 31.1, then use 31.1 as stoploss and 29.9 as target. However if you take a buy trade in stock , then use 31.1 as stoploss and 32.04 as target.

Share price targets for Eastern Company (EML)

Target Type Value
Downside Target 24.95
Downside Target 26.23
Downside Target 28.68
Downside Target 30.04
Upside Target 31.91
Upside Target 32.58
Upside Target 32.95
Upside Target 33.40
Upside Target 33.66
Upside Target 34.36
Upside Target 35.03

Intraday share price targets for Eastern Company (EML)

Target Type Value
Downside Intraday Target 28.76
Downside Intraday Target 26.9
Upside Intraday Target 33.75
Upside Intraday Target 36.88
Upside Intraday Target 31.89

Weekly technical analysis of Eastern Company (EML)

Date Weekly Closing Price Open High Low Volume
06 Wed Nov 2024 30.61 30.69 35.03 30.04 1.334 times
01 Fri Nov 2024 30.82 31.50 32.58 30.42 0.759 times
25 Fri Oct 2024 31.15 33.24 33.40 30.98 0.853 times
18 Fri Oct 2024 33.41 32.65 34.36 31.91 1.205 times
11 Fri Oct 2024 32.74 31.68 32.95 30.26 0.728 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
06 Wed Nov 2024 30.61 31.10 35.03 30.04 0.231 times
31 Thu Oct 2024 31.14 32.19 34.36 30.26 0.554 times
30 Mon Sep 2024 32.45 29.96 33.66 28.68 0.918 times
30 Fri Aug 2024 30.11 29.63 31.22 26.23 1.487 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 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 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 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 neutral. A longer time frame might give a better analysis.

ADX buy sell signal for Eastern Company stock for short term is BUY. 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 green color and prices are in or below the green cloud Prices appear to be coming down

CCI has generated a buy signal for Eastern Company in short term and BUY signal is strong.

RSI is generating a BUY signal in short term but buying 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 31.16 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 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 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 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 neutral. A longer time frame might give a better analysis.

ADX buy sell signal for Eastern Company stock for short term is BUY. 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 green color and prices are in or below the green cloud Prices appear to be coming down

CCI has generated a buy signal for Eastern Company in short term and BUY signal is strong.

RSI is generating a BUY signal in short term but buying 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 31.16 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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