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Eureka Forbes Limited

EUREKAFORB.BOBSE
Consumer Cyclical
Furnishings, Fixtures & Appliances
462.00
5.35(1.17%)
Indian Market opens in 42h 25m

Eureka Forbes Limited (EUREKAFORB.BO) Stock Technical Analysis & Trading Signals

Live technical indicators, trading signals, and momentum insights for Eureka Forbes Limited (BSE:EUREKAFORB.BO).

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

EUREKAFORB.BO Technical Analysis Summary

Eureka Forbes Limited stock currently trades in a neutral range, with no clear dominance from buyers or sellers.

Overall Sentiment:Neutral
Momentum:Neutral to Bearish (RSI: 49.69)
Trend Strength:Very Strong (ADX: 44.87)
Volatility:High (ATR: 23.18)
Support/Resistance:$422.55 – $466.22 (Bollinger Bands)

Overall, Eureka Forbes Limited remains neutral, with indicators showing mixed momentum.

Momentum Indicators

RSI (14): 49.69

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 72.49

Bullish
Buying momentum building without extremes.

Williams %R: -22.54

Bullish
Buying pressure building steadily.

Rate of Change (ROC): 5.35

Strongly Bullish
Strong upside momentum.

Takeaway:Eureka Forbes Limited shows steady upward momentum, supported by improving signals.

Trend & Volatility

MACD: -10.41

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 44.87

Very Strong
Very strong trend, powerful directional momentum.

ATR (14): 23.18

Rising
Rising volatility, market activity increasing.

CCI (14): 111.38

Bearish Risk
Bearish risk, overbought levels suggest caution.

Takeaway:Eureka Forbes Limited shows weakening trend signals, with bearish pressure building.

Support & Resistance indicators
Bollinger Bands
Upper Band
$466.22
Middle Band (SMA 20)
$444.38
Lower Band
$422.55
Current Position
Within Bands

Takeaway:Eureka Forbes Limited trades closer to resistance, supported by stronger momentum within bands.

Keltner Channels
Upper Channel
$502.67
Middle Line (EMA 20)
$456.30
Lower Channel
$409.94
Squeeze Status
Squeeze On

Takeaway:Eureka Forbes Limited trades above the trend line, showing healthy momentum within the channel.

Volume & Money Flow Analysis
On-Balance Volume-61.71K
Money Flow Index53.15Neutral, balanced money flows with no clear signal.
Relative Vigor Index57.01Neutral to Bullish, buyers hold a slight edge.

Overall Takeaway:EUREKAFORB.BO shows bullish money flow, with volume and vigor supporting buyers.

Technical Trading Signals Summary
Based on the current technical analysis of Eureka Forbes Limited, here are the key trading signals and recommendations:

Bullish Signals

ADX above 20 → strong underlying trend.

Price trading above middle Bollinger Band → mid-term support intact.

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

Bearish Signals

No significant bearish signals detected.

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

Technical Analysis FAQ