Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(EGLE) Eagle Bulk complete technical analysis [charts+indicators] | Buy/Sell Eagle Bulk | (EGLE) share price targets

Complete technical analysis of Eagle Bulk (EGLE) by charts plus indicators, forecast predictions and share price targets for Eagle Bulk (EGLE)

Eagle Bulk trades in USA in Transportation sector.

Showing technical analysis as on 2024-03-06 View latest technical analysis

10 day averaged volume of Eagle Bulk is 172480

Date	Daily Closing Price	Open	High	Low	Volume
06 Wed Mar 2024	62.24	62.45	62.96	61.18	1.271 times
05 Tue Mar 2024	62.41	61.44	62.79	60.68	0.674 times
04 Mon Mar 2024	61.81	62.90	63.30	61.59	0.607 times
01 Fri Mar 2024	62.98	61.59	63.26	61.59	1.325 times
29 Thu Feb 2024	61.27	61.33	61.57	60.64	0.486 times
28 Wed Feb 2024	61.33	60.39	62.11	60.39	0.496 times
27 Tue Feb 2024	60.10	59.56	60.91	59.54	0.633 times
26 Mon Feb 2024	59.48	59.82	60.60	58.95	0.572 times
23 Fri Feb 2024	61.00	59.13	61.05	59.13	2.356 times
22 Thu Feb 2024	59.10	58.44	59.76	58.44	1.619 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 61.4, but if it comes below 61.4, then a intra day sell could be more profitable.
If you take a sell trade below 61.4, then use 61.4 as stoploss and 59.07 as target. However if you take a buy trade in stock , then use 61.4 as stoploss and 64.3 as target.

Share price targets for Eagle Bulk (EGLE)

Target Type	Value
Downside Target	40.49
Downside Target	43.40
Downside Target	45.75
Downside Target	52.89
Downside Target	58.02
Downside Target	60.68
Downside Target	61.05
Downside Target	62.11
Upside Target	63.26
Upside Target	63.30

Intraday share price targets for Eagle Bulk (EGLE)

Target Type	Value
Downside Intraday Target	60.85
Downside Intraday Target	59.45
Upside Intraday Target	63.47
Upside Intraday Target	64.69
Downside Intraday Target	62.07

Weekly technical analysis of Eagle Bulk (EGLE)

Date	Weekly Closing Price	Open	High	Low	Volume
06 Wed Mar 2024	62.24	62.90	63.30	60.68	0.726 times
01 Fri Mar 2024	62.98	59.82	63.26	58.95	0.626 times
23 Fri Feb 2024	61.00	56.10	61.05	55.57	1.595 times
16 Fri Feb 2024	56.33	57.76	59.00	54.80	1.031 times
09 Fri Feb 2024	57.80	54.00	58.34	54.00	0.817 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 Eagle Bulk (EGLE)

Date	Monthly Closing Price	Open	High	Low	Volume
06 Wed Mar 2024	62.24	61.59	63.30	60.68	0.229 times
29 Thu Feb 2024	61.27	55.66	62.11	53.52	0.759 times
31 Wed Jan 2024	55.13	55.39	58.02	52.89	0.746 times
29 Fri Dec 2023	55.40	45.84	56.49	43.40	1.928 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 Eagle Bulk (EGLE)

Price action analysis of Eagle Bulk ( (EGLE) ) 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 Eagle Bulk ( (EGLE) ) 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 Eagle Bulk ( (EGLE) ) 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 Eagle Bulk ( (EGLE) ) 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 Eagle Bulk stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Eagle Bulk 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.

Eagle Bulk 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 coming down

CCI has generated a buy signal for Eagle Bulk in short term and BUY signal is strong.

RSI is generating a BUY signal in short term and the buying is gaining 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 Eagle Bulk is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 61.14 and Eagle Bulk (EGLE) 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 Eagle Bulk (EGLE) stock. Volume based technical analysis of Eagle Bulk (EGLE) stock is negative.

Eagle Bulk 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.