(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 2024-05-20 View latest technical analysis
10 day averaged volume of Eastern Company is 25063
| Date | Daily Closing Price | Open | High | Low | Volume |
| 20 Mon May 2024 | 27.84 | 29.65 | 29.65 | 27.61 | 1.235 times |
| 17 Fri May 2024 | 29.63 | 28.66 | 30.12 | 28.66 | 0.574 times |
| 16 Thu May 2024 | 28.99 | 28.75 | 29.10 | 28.75 | 0.561 times |
| 15 Wed May 2024 | 28.69 | 29.18 | 29.18 | 27.83 | 0.917 times |
| 14 Tue May 2024 | 28.16 | 28.11 | 28.22 | 27.96 | 0.383 times |
| 13 Mon May 2024 | 28.25 | 28.64 | 28.72 | 28.10 | 0.71 times |
| 10 Fri May 2024 | 28.93 | 29.15 | 29.64 | 28.64 | 0.527 times |
| 09 Thu May 2024 | 29.15 | 29.35 | 29.67 | 28.42 | 0.814 times |
| 08 Wed May 2024 | 29.17 | 28.06 | 29.30 | 27.89 | 1.548 times |
| 07 Tue May 2024 | 28.06 | 31.98 | 31.98 | 28.01 | 1.556 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 28.6, but if it comes above 28.6, then a intra day buy could be more profitable.
If you take a sell trade below 28.6, then use 28.6 as stoploss and 26.7 as target. However if you take a buy trade in stock , then use 28.6 as stoploss and 30.21 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 | 27.61 |
| Upside 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 | 27.08 |
| Downside Intraday Target | 26.33 |
| Upside Intraday Target | 29.12 |
| Upside Intraday Target | 30.41 |
| Upside Intraday Target | 28.37 |
Weekly technical analysis of Eastern Company (EML)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 20 Mon May 2024 | 27.84 | 29.65 | 29.65 | 27.61 | 0.393 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 |
| 20 Mon May 2024 | 27.84 | 31.86 | 32.45 | 27.61 | 0.512 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 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 term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 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 and selling is picking up 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 28.62 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 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 term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 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 and selling is picking up 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 28.62 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.