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Eureka Forbes Limited

EUREKAFORB.BOBSE
Consumer Cyclical
Furnishings, Fixtures & Appliances
485.70
-7.70(-1.56%)
Indian Market opens in 12h 41m

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 shows a bearish trend, weighed down by selling pressure and weak momentum.

Overall Sentiment:Sell
Momentum:Bullish to Strongly Bullish (RSI: 2.27)
Trend Strength:Very Strong (ADX: 76.44)
Volatility:Medium (ATR: 17.09)

Technical conditions suggest Eureka Forbes Limited is consolidating, awaiting a decisive move.

Momentum Indicators

RSI (14): 2.27

Bullish
Oversold, buying opportunity potential.

Takeaway:Insufficient data to determine overall momentum trend.

Trend & Volatility

MACD: -9.42

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 76.44

Very Strong
Very strong trend, powerful directional momentum.

ATR (14): 17.09

Rising
Rising volatility, market activity increasing.

Takeaway:Insufficient data to determine overall trend and volatility assessment.

Support & Resistance indicators
Bollinger Bands
Upper Band
-
Middle Band (SMA 20)
-
Lower Band
-
Current Position
Unknown
Keltner Channels
Upper Channel
$554.74
Middle Line (EMA 20)
$520.56
Lower Channel
$486.38
Squeeze Status
Unknown

Takeaway:Eureka Forbes Limited trades near the lower channel, signaling strong support and possible rebound.

Volume & Money Flow Analysis
On-Balance Volume-24.70K
Money Flow Index50.00Neutral, balanced money flows with no clear signal.
Relative Vigor Index50.00Neutral to Bearish, sellers hold a slight edge.

Overall Takeaway:EUREKAFORB.BO shows balanced money flow with a slight bullish bias.

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.

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

Bearish Signals

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

Overall Recommendation:Insufficient data to provide a recommendation for Eureka Forbes Limited.

Technical Analysis FAQ