533261 NEWS why is Eros Media price falling or rising

533261 NEWS reasons for why stock price of Eros Media is falling or rising

533261 Eros Media is falling or rising technical reasons

Technical analysis forecast for Eros Media Stock is that its in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT Eros Media 533261 at this time. Stock is falling and might fall more.

It appears as if Eros Media 533261 gave a large move recently.

Stock of Eros Media (533261) is trading below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, stock might keep falling and stock might move lower...

My analysis of Eros Media is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if Eros Media stays below 18.5, but if it comes above 18.5, then a intra day buy could be more profitable.
If you take a sell trade below 18.5, then use 18.5 as stoploss and 16.2 as target. However if you take a buy trade in Eros Media, then use 18.5 as stoploss and 20.51 as target.

533261 Eros Media is falling or rising NEWS fundamental reasons

More announcements and NEWS

533261 Eros Media current price & indicator signals

Moving Averages for Eros Media

  • 5Day Average: 18.71
  • 12Day Average: 19.29
  • 20Day Average: 20.74
  • 50Day Average: 23.43
  • 100Day Average: 23.09
  • 150Day Average: 21.6
  • 200Day Average: 21.4

533261 Indicators & signals

Indicator MACD (12,26,9)

19.53, 21.1, -1.4
Indicator MACD is in negative zone

Indicator ADX (14)

67.44, 5.79, 29.75
Indicator ADX is indicating that momentum is still strong.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 52
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of 533261 Eros Media are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
28 Thu Mar 2024 17.92 17.77 to 18.78 -1.38% 1.05 times
27 Wed Mar 2024 18.17 18.01 to 19.03 -3.14% 1.44 times
26 Tue Mar 2024 18.76 18.70 to 19.46 -2.8% 0.99 times
22 Fri Mar 2024 19.30 19.21 to 19.75 -0.46% 1.64 times
21 Thu Mar 2024 19.39 19.21 to 19.83 0.94% 0.58 times
20 Wed Mar 2024 19.21 19.05 to 20.03 -2.64% 1.12 times
19 Tue Mar 2024 19.73 19.50 to 20.28 -3.09% 0.73 times
18 Mon Mar 2024 20.36 19.46 to 20.42 2.67% 0.52 times
15 Fri Mar 2024 19.83 19.55 to 20.45 -0.7% 0.16 times
14 Thu Mar 2024 19.97 18.62 to 20.30 6.39% 0.95 times
13 Wed Mar 2024 18.77 18.50 to 20.30 -6.57% 1.87 times
12 Tue Mar 2024 20.09 20.00 to 21.60 -4.11% 1.47 times

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533261 NEWS why is Eros Media price falling or rising

 

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