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Eureka Forbes Ltd.

EUREKAFORB.NS Technical Analysis Summary (NSE)

Analyze EUREKAFORB.NS on the NSE with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

EUREKAFORB.NSNSE
Consumer CyclicalFurnishings, Fixtures & Appliances
431.95
10.80(2.44%)
Indian Market opens in NaNh NaNm

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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 (NSE)

Eureka Forbes Ltd. (NSE: EUREKAFORB.NS) stock currently shows a neutral trend on the NSE, supported by momentum and balanced buying pressure.

Overall Sentiment:Neutral
Momentum:Bearish to Weak (RSI: 39.59)
Trend Strength:Weak (ADX: 15.42)
Volatility:Medium (ATR: 15.83)
Support/Resistance:$428.75 – $471.42 (Bollinger Bands)

Technical conditions suggest Eureka Forbes Ltd. on the NSE is awaiting a decisive move. Technical conditions suggest Eureka Forbes Ltd. is consolidating, awaiting a decisive move.

Momentum Indicators

RSI (14): 39.59

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 15.99

Bullish
Oversold zone signals rebound potential.

Williams %R: -95.35

Bullish
Oversold zone suggests rebound potential.

Rate of Change (ROC): -5.44

Strongly Bearish
Sharp downside momentum.

Takeaway:Eureka Forbes Ltd. shows strong bearish momentum, signaling downside pressure.

Trend & Volatility

MACD: -3.62

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 15.42

Weak
Weak trend, market trading sideways.

ATR (14): 15.83

Rising
Rising volatility, market activity increasing.

CCI (14): -160.67

Bearish
Bearish, oversold conditions may spark rebound.

Takeaway:Eureka Forbes Ltd. shows a neutral trend, with weak conviction and limited volatility.

Support & Resistance indicators
Bollinger Bands
Upper Band
$471.42
Middle Band (SMA 20)
$450.08
Lower Band
$428.75
Current Position
Within Bands

Takeaway:Eureka Forbes Ltd. trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$482.52
Middle Line (EMA 20)
$450.86
Lower Channel
$419.21
Squeeze Status
Squeeze On

Takeaway:Eureka Forbes Ltd. trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis
On-Balance Volume-2.72M
Money Flow Index47.02Neutral, balanced money flows with no clear signal.
Relative Vigor Index34.09Bearish, price momentum favors sellers.

Overall Takeaway:EUREKAFORB.NS shows mixed signals in money flow analysis.

Technical Trading Signals Summary
Based on the current technical analysis of Eureka Forbes Ltd. (NSE: EUREKAFORB.NS), 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 Eureka Forbes Ltd. are mixed, suggesting a Hold or wait-and-see approach.

(NSE: EUREKAFORB.NS) Technical Analysis FAQ