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Eastern Silk Industries Limited

EASTSILK.BO Technical Analysis Summary (BSE)

Analyze EASTSILK.BO on the BSE with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

EASTSILK.BOBSE
IndustrialsManufacturing - Textiles
46.66
2.34(4.78%)
Indian Market opens in 16h 42m

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EASTSILK.BO Technical Analysis Summary (BSE)

Eastern Silk Industries Limited (BSE: EASTSILK.BO) stock currently shows a bearish trend on the BSE, supported by momentum and weak buying pressure.

Overall Sentiment:Sell
Momentum:Bearish to Weak (RSI: 38.99)
Trend Strength:Moderate (ADX: 24.07)
Volatility:Medium (ATR: 1.35)
Support/Resistance:$45.56 – $52.49 (Bollinger Bands)

Technical conditions suggest Eastern Silk Industries Limited on the BSE is awaiting a decisive move. Overall, Eastern Silk Industries Limited remains neutral, with indicators showing mixed momentum.

Momentum Indicators

RSI (14): 38.99

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 18.85

Bullish
Oversold zone signals rebound potential.

Williams %R: -94.01

Bullish
Oversold zone suggests rebound potential.

Rate of Change (ROC): -6.15

Strongly Bearish
Sharp downside momentum.

Takeaway:Eastern Silk Industries Limited shows strong bearish momentum, signaling downside pressure.

Trend & Volatility

MACD: -1.60

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 24.07

Moderate
Moderate trend, direction gaining strength.

ATR (14): 1.35

Low
Low volatility, stable price action.

CCI (14): -130.71

Bearish
Bearish, oversold conditions may spark rebound.

Takeaway:Eastern Silk Industries Limited shows weakening trend signals, with bearish pressure building.

Support & Resistance indicators
Bollinger Bands
Upper Band
$52.49
Middle Band (SMA 20)
$49.03
Lower Band
$45.56
Current Position
Within Bands

Takeaway:Eastern Silk Industries Limited trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$51.81
Middle Line (EMA 20)
$49.12
Lower Channel
$46.43
Squeeze Status
No Squeeze

Takeaway:Eastern Silk Industries Limited trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis
On-Balance Volume-5.30K
Money Flow Index50.45Neutral, balanced money flows with no clear signal.
Relative Vigor Index25.00Bearish, price momentum favors sellers.

Overall Takeaway:EASTSILK.BO shows mixed signals in money flow analysis.

Technical Trading Signals Summary
Based on the current technical analysis of Eastern Silk Industries Limited (BSE: EASTSILK.BO), here are the key trading signals and recommendations:

Bullish Signals

ADX above 20 → strong underlying trend.

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

Bearish Signals

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Eastern Silk Industries Limited shows a Bearish signal — selling pressure is building, with trend indicators favoring downside.

(BSE: EASTSILK.BO) Technical Analysis FAQ