(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 2024-08-07 View latest technical analysis
10 day averaged volume of Eastern Company is 19686
| Date | Daily Closing Price | Open | High | Low | Volume |
| 07 Wed Aug 2024 | 27.13 | 29.00 | 29.00 | 26.84 | 2.071 times |
| 06 Tue Aug 2024 | 27.60 | 26.51 | 27.90 | 26.36 | 0.758 times |
| 05 Mon Aug 2024 | 26.63 | 26.62 | 26.85 | 26.23 | 0.716 times |
| 02 Fri Aug 2024 | 27.67 | 28.00 | 28.42 | 27.52 | 1.029 times |
| 01 Thu Aug 2024 | 28.77 | 29.63 | 29.63 | 27.79 | 1.549 times |
| 31 Wed Jul 2024 | 29.44 | 28.30 | 29.56 | 27.85 | 0.477 times |
| 30 Tue Jul 2024 | 28.23 | 28.00 | 28.25 | 27.54 | 0.875 times |
| 29 Mon Jul 2024 | 28.05 | 29.53 | 29.53 | 28.04 | 0.609 times |
| 26 Fri Jul 2024 | 29.64 | 29.38 | 29.64 | 28.41 | 0.782 times |
| 25 Thu Jul 2024 | 28.83 | 29.42 | 29.80 | 28.83 | 1.295 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 27.6, but if it comes above 27.6, then a intra day buy could be more profitable.
If you take a sell trade below 27.6, then use 27.6 as stoploss and 26.4 as target. However if you take a buy trade in stock , then use 27.6 as stoploss and 28.61 as target.
Share price targets for Eastern Company (EML)
| Target Type | Value |
| Downside Target | 23.15 |
| Downside Target | 24.95 |
| Downside Target | 26.23 |
| Downside Target | 26.98 |
| Upside Target | 28.49 |
| Upside Target | 29.63 |
| Upside Target | 30.73 |
| Upside Target | 30.75 |
| Upside Target | 32.45 |
| Upside Target | 34.25 |
Intraday share price targets for Eastern Company (EML)
| Target Type | Value |
| Downside Intraday Target | 25.91 |
| Downside Intraday Target | 24.68 |
| Upside Intraday Target | 28.68 |
| Upside Intraday Target | 30.22 |
| Upside Intraday Target | 27.45 |
Weekly technical analysis of Eastern Company (EML)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 07 Wed Aug 2024 | 27.13 | 26.62 | 29.00 | 26.23 | 0.781 times |
| 02 Fri Aug 2024 | 27.67 | 29.53 | 29.63 | 27.52 | 0.789 times |
| 26 Fri Jul 2024 | 29.64 | 27.32 | 30.73 | 27.32 | 1.192 times |
| 19 Fri Jul 2024 | 27.45 | 28.99 | 30.75 | 27.38 | 0.962 times |
| 12 Fri Jul 2024 | 28.98 | 26.04 | 29.26 | 25.11 | 1.444 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 |
| 07 Wed Aug 2024 | 27.13 | 29.63 | 29.63 | 26.23 | 0.231 times |
| 31 Wed Jul 2024 | 29.44 | 25.31 | 30.75 | 24.95 | 0.433 times |
| 28 Fri Jun 2024 | 25.47 | 27.36 | 29.24 | 23.15 | 2.781 times |
| 31 Fri May 2024 | 27.08 | 31.86 | 32.45 | 26.98 | 0.672 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 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 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 mid to longer term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 but the sell signal is initial and weak.
Eastern Company Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
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 but BUY signal is weak.
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in positive zone. This is a BUY 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 28.1 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 positive
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 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 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 mid to longer term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 but the sell signal is initial and weak.
Eastern Company Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
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 but BUY signal is weak.
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in positive zone. This is a BUY 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 28.1 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.