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East India Drums & Barrels Manufacturing Ltd

East India Drums & Barrels Manufacturing Ltd (EASTINDIA.BO) Stock Technical Analysis & Trading Signals

Live technical indicators, trading signals, and momentum insights for East India Drums & Barrels Manufacturing Ltd.

EASTINDIA.BOBSE
Consumer CyclicalPackaging & Containers
92.52
3.28(3.42%)
Indian Market opens in 6h 19m
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Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

EASTINDIA.BO Technical Analysis Summary

East India Drums & Barrels Manufacturing Ltd stock currently trades in a neutral range, with no clear dominance from buyers or sellers.

Overall Sentiment:Neutral
Momentum:Bearish to Weak (RSI: 38.87)
Trend Strength:Weak (ADX: 16.47)
Volatility:High (ATR: 7.12)
Support/Resistance:$93.01 – $111.13 (Bollinger Bands)

Technical conditions suggest East India Drums & Barrels Manufacturing Ltd is consolidating, awaiting a decisive move.

Momentum Indicators

RSI (14): 38.87

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 32.99

Bearish
Momentum remains weak below midpoint.

Williams %R: -88.80

Bullish
Oversold zone suggests rebound potential.

Rate of Change (ROC): -13.13

Strongly Bearish
Sharp downside momentum.

Takeaway:East India Drums & Barrels Manufacturing Ltd shows strong bearish momentum, signaling downside pressure.

Trend & Volatility

MACD: -2.67

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 16.47

Weak
Weak trend, market trading sideways.

ATR (14): 7.12

High
High volatility, wide price fluctuations.

CCI (14): -139.18

Bearish
Bearish, oversold conditions may spark rebound.

Takeaway:East India Drums & Barrels Manufacturing Ltd shows a neutral trend, with weak conviction and limited volatility.

Support & Resistance indicators
Bollinger Bands
Upper Band
$111.13
Middle Band (SMA 20)
$102.07
Lower Band
$93.01
Current Position
Below Lower Band

Takeaway:East India Drums & Barrels Manufacturing Ltd trades near the lower band, signaling oversold conditions and potential rebound.

Keltner Channels
Upper Channel
$115.16
Middle Line (EMA 20)
$100.92
Lower Channel
$86.69
Squeeze Status
Squeeze On

Takeaway:East India Drums & Barrels Manufacturing Ltd trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis
On-Balance Volume-10.56K
Money Flow Index9.68Bullish, oversold conditions signal rebound potential.
Relative Vigor Index39.43Bearish, price momentum favors sellers.

Overall Takeaway:EASTINDIA.BO shows oversold money flow, with rebound potential building.

Technical Trading Signals Summary
Based on the current technical analysis of East India Drums & Barrels Manufacturing Ltd, here are the key trading signals and recommendations:

Bullish Signals

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

MACD below signal line → short-term caution on momentum.

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Technical indicators for East India Drums & Barrels Manufacturing Ltd are mixed, suggesting a Hold or wait-and-see approach.

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