Stock analysis Eros International Media Limited EROSMEDIA
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Recent prices of EROSMEDIA Eros International Media Limited are as follows: Daily volume is divided by 10 day averaged volume
| Date | Close | Range | Change % | Volume |
| 24 Thu Oct 2024 | 17.69 | 17.56 to 17.99 | -0.9% | 0.72 times |
| 23 Wed Oct 2024 | 17.85 | 17.65 to 18.39 | 0.56% | 0.7 times |
| 22 Tue Oct 2024 | 17.75 | 17.60 to 19.12 | -6.82% | 1.18 times |
| 21 Mon Oct 2024 | 19.05 | 18.88 to 20.05 | -2.11% | 0.79 times |
| 18 Fri Oct 2024 | 19.46 | 19.11 to 19.95 | -1.47% | 0.63 times |
| 17 Thu Oct 2024 | 19.75 | 19.50 to 20.54 | -3.75% | 0.77 times |
| 16 Wed Oct 2024 | 20.52 | 20.41 to 21.58 | -0.97% | 1.11 times |
| 15 Tue Oct 2024 | 20.72 | 20.61 to 21.65 | -3.18% | 0.78 times |
| 14 Mon Oct 2024 | 21.40 | 21.01 to 21.80 | -0.23% | 0.78 times |
| 11 Fri Oct 2024 | 21.45 | 21.00 to 22.20 | 1.76% | 1.82 times |
| 10 Thu Oct 2024 | 21.08 | 20.61 to 21.60 | 1.49% | 1.45 times |
| 09 Wed Oct 2024 | 20.77 | 20.52 to 21.85 | -2.53% | 2.11 times |
Technical analysis forecast for Eros International Media Limited 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 International Media Limited EROSMEDIA at this time. Stock is falling and might fall more.
It appears as if Eros International Media Limited EROSMEDIA gave a large move recently.
Stock of Eros International Media Limited (EROSMEDIA) 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 International Media Limited is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if Eros International Media Limited stays below 18, but if it comes above 18, then a intra day buy could be more profitable.
If you take a sell trade below 18, then use 18 as stoploss and 16.2 as target. However if you take a buy trade in Eros International Media Limited, then use 18 as stoploss and 19.51 as target.