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Eureka Forbes Ltd.

EUREKAFORB.NSNSE
Consumer Cyclical
Furnishings, Fixtures & Appliances
463.35
3.85(0.84%)
Indian Market opens in 42h 37m

Eureka Forbes Ltd. (EUREKAFORB.NS) Stock Technical Analysis & Trading Signals

Live technical indicators, trading signals, and momentum insights for Eureka Forbes Ltd. (NSE:EUREKAFORB.NS).

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.NS Technical Analysis Summary

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

Overall Sentiment:Neutral
Momentum:Neutral to Bearish (RSI: 49.67)
Trend Strength:Strong (ADX: 38.51)
Volatility:High (ATR: 23.32)
Support/Resistance:$422.39 – $466.51 (Bollinger Bands)

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

Momentum Indicators

RSI (14): 49.67

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 73.34

Bullish
Buying momentum building without extremes.

Williams %R: -19.98

Bearish
Overbought levels may trigger correction.

Rate of Change (ROC): 5.65

Strongly Bullish
Strong upside momentum.

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

Trend & Volatility

MACD: -11.51

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 38.51

Strong
Strong trend, momentum well established.

ATR (14): 23.32

Rising
Rising volatility, market activity increasing.

CCI (14): 112.49

Bearish Risk
Bearish risk, overbought levels suggest caution.

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

Support & Resistance indicators
Bollinger Bands
Upper Band
$466.51
Middle Band (SMA 20)
$444.45
Lower Band
$422.39
Current Position
Within Bands

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

Keltner Channels
Upper Channel
$503.22
Middle Line (EMA 20)
$456.58
Lower Channel
$409.94
Squeeze Status
Squeeze On

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

Volume & Money Flow Analysis
On-Balance Volume-2.98M
Money Flow Index60.87Bullish, inflows support continued momentum.
Relative Vigor Index60.94Bullish, price momentum strongly favors buyers.

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

Technical Trading Signals Summary
Based on the current technical analysis of Eureka Forbes Ltd., 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

Price near upper Bollinger Band → potential resistance and pullback risk.

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

Technical Analysis FAQ