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Eureka Forbes technical analysis: RSI, MACD and moving averages

NSE: EUREKAFORBBSE: 543482Consumer DurablesSmall Cap

Eureka Forbes Limited · Face value ₹10 · Listed Mar 2022 on BSE, Sep 2024 on NSE
Last close ₹321.35up ₹5.50 (1.74%)BSE ₹320.65

Share price at the NSE close on 28 Oct 2026. Previous close ₹315.85.

28 Oct: open ₹314.00, high ₹323.50, low ₹309.00

52-week range of traded prices to 28 Oct 2026
₹299.80Low, 23 Oct 2026₹668.30High, 28 Nov 2025
Market cap
₹6,223 Cr574th largest listed
P/E
34.39
P/E without one-offs
30.83
P/B
1.35
Dividend yield
Nonein the last 12 months
ROE
4.0%
ROE without one-offs
4.5%
ROCE
5.4%
Debt to equity
0.00
Volume, NSE
1,56,28366.9% delivered

Eureka Forbes' technical indicators on adjusted prices to 28 Oct 2026: moving averages, RSI, MACD, Bollinger bands, beta against the Nifty 500 and pivot levels.

Price, RSI, MACD and Bollinger bands

A year of sessions on adjusted prices, to 28 Oct 2026.Eureka Forbes share price history

From the 52-week high
−51.9%

Close with its 50 and 200-day averages

  • Close
  • 50-day average
  • 200-day average
The close is above 1 of its 8 simple moving averages (5 to 200 days) in the table below.

Moving averages, including the 50, 100 and 200 day averages

Adjusted prices, to 28 Oct 2026.

WindowSimple (SMA, DMA)Exponential (EMA)
5 days₹313.51+2.5%
10 days₹326.29−1.5%₹324.16−0.9%
20 days₹337.14−4.7%₹337.74−4.9%
30 days₹351.64−8.6%
50 days₹378.36−15.1%₹371.14−13.4%
100 days₹416.62−22.9%₹405.86−20.8%
150 days₹438.21−26.7%
200 days₹456.58−29.6%₹455.92−29.5%

Beside each average, the close against it: the close divided by the average, less one, in per cent. An exponential average weights recent closes more heavily than older ones.

Since the 50-day crossed the 200-day
168Below, 19 Feb 2026 at ₹512.00
200-day average, 20-session change
−6.1%
Sessions above the 200-day average
50of the last 250
Closes above the 20-day average
8%of the last 60 sessions
Volume-weighted average, 20 days
₹336.41
Hull moving average, 9 days
₹306.59
Ichimoku base line, 26 sessions
₹344.05

RSI, MACD and other oscillators

Adjusted prices, to 28 Oct 2026.

  • RSI, 14 days35.5
  • Money flow index, 14 days48.1
  • Stochastic %K38.3
  • Stochastic %D24.5
  • Stochastic RSI93.5
  • Williams %R, 14 days−61.7
  • Ultimate oscillator45.0
  • ADX, 14 days43.9
  • Positive directional indicator13.5
  • Negative directional indicator28.1
MACD line
−18.63In rupees
MACD signal line
−18.46In rupees
MACD histogram
−0.16In rupees
Awesome oscillator
−46.63In rupees
Momentum, 10 sessions
−19.80In rupees
Bull bear power, 13 days
−23.99In rupees
Commodity channel index, 20 days
−96.6No fixed range
Rate of change, 21 sessions
−13.3%Change in the close
Rate of change, 125 sessions
−35.6%Change in the close

Volatility and Bollinger bands

Adjusted prices, to 28 Oct 2026.

Bollinger bands today

Close ₹321.35
Lower band₹304.3020-day average₹337.14Upper band₹369.99
Twice the spread of the last 20 closes either side of their average.
Average true range
₹13.77In rupees, 14 days
Average true range, % of price
4.28%Of the close
Volatility, 20 days
37.2%A year
Volatility, 30 days
31.2%A year
Volatility, 60 days
30.1%A year
Bollinger band width
19.5%Of the 20-day average
  • 30-day volatility, place in its year42%
  • Band width, place in its year77%
  • 21-session change, place in its year20%

Beta, highs and deepest falls

Against the Nifty 500. The 1-year beta and correlation to 23 Oct 2026, the rest to 28 Oct 2026.Eureka Forbes PE ratio and valuation

Beta against the Nifty 500

  • 1 month1.44
  • 3 months0.85
  • 1 year0.88
1: moves as the Nifty 500 does

Deepest fall from a high

  • 1 year−53.5%
Highest close since Sep 2024
₹652.801 Dec 2025, 331 days before 28 Oct 2026
Correlation, 1 year
0.39

Volume, delivery and notable sessions

Volume restated for splits and bonuses, to 28 Oct 2026.

Volume against the 50-session average

1×: a usual session
Volume on rising days
47%of the last 20 sessions' volume
Volume trend, 20 sessions
+52.1%
Delivery against usual
+1.3
Delivery, last 5 sessions
65.8%
Delivery, last 21 sessions
59.2%
Price band
20%₹252.70 to ₹379.00 on 28 Oct 2026
Impact cost
0.11%

Delivery, last 10 sessions

  • 28 Oct66.9%
  • 27 Oct73.6%
  • 26 Oct55.5%
  • 23 Oct51.3%
  • 22 Oct54.4%
  • 21 Oct51.4%
  • 19 Oct65.4%
  • 16 Oct62.8%
  • 15 Oct61.2%
  • 14 Oct52.2%
59.2%: the last 21 sessions together
  • May19TueBusiest6.5× usual volumedown 0.49%
  • May12TueLargest movedown 6.33%
  • Mar23MonLargest movedown 5.82%
  • Feb4WedLargest movedown 7.92%
  • Nov28FriBusiest and largest move23.9× usual volumeup 7.28%
  • Nov13ThuBusiest12.3× usual volumeup 0.76%

Of the last 250 sessions: the three with the most shares traded against the 50 sessions before each and the four largest moves of the close, up or down.

Pivot points: support and resistance

On adjusted prices.

For the session after 28 Oct 2026, from that day's open, high, low and close.

Classic levels and the latest close

R3₹341.40
R2₹332.45
R1₹326.90
Pivot₹317.95
S1₹312.40
S2₹303.45
S3₹297.90
Close ₹321.35
LevelClassicWoodieCamarillaFibonacciDeMark
Resistance 3 (R3)₹341.40₹343.10₹325.34₹332.45–
Resistance 2 (R2)₹332.45₹333.30₹324.01₹326.91–
Resistance 1 (R1)₹326.90₹328.60₹322.68₹323.49₹329.68
Pivot point₹317.95₹318.80₹317.95₹317.95₹319.34
Support 1 (S1)₹312.40₹314.10₹320.02₹312.41₹315.18
Support 2 (S2)₹303.45₹304.30₹318.69₹308.99–
Support 3 (S3)₹297.90₹299.60₹317.36₹303.45–

Classic pivot levelsWoodie pivot levelsCamarilla pivot levelsFibonacci pivot levelsDeMark pivot levels

Returns and price ranges

Close to close on adjusted prices. The latest month and year run to 28 Oct 2026.

Last 12 months, per cent

  • Return
  • Loss
17Nov 25−5.0Dec 25−12Jan 26−13Feb 26−7.5Mar 2613Apr 26−12May 264.1Jun 26−2.2Jul 26−4.2Aug 26−16Sep 26−11Oct 26
Highest month Nov 2025, +16.6%; lowest Sep 2026, −15.9%.

Last 10 years, per cent

  • Return
  • Loss
Dec 246.8Dec 25−48Oct 26
Low to highLatest close ₹321.35
WindowChange
1 week−1.5%₹299.80₹325.00
1 month−11.1%₹299.80₹371.00
3 months−29.7%₹299.80₹482.20
6 months−35.6%₹299.80₹541.75
2 years−39.6%₹299.80₹668.30
Lowest low and highest high over each window, on adjusted prices; change is close to close. The last year's range of traded prices is at the top of the page.