Technical Analysis for EROS - Eros International PLC

Grade Last Price % Change Price Change
grade F 2.66 7.26% 0.18
EROS closed up 7.26 percent on Friday, August 7, 2020, on approximately normal volume. Due to the stock's strong downtrend, it may remain oversold for a while. So, if you're looking for a reason to buy, don't put too much weight on it being oversold.

Trend Table & Recent Signals

ADX Long Term Intermediate Term Short Term
Strong Down Down Down
Historical EROS trend table...

Date Alert Name Type % Chg
Bullish Engulfing Bullish 0.00%
Lower Bollinger Band Walk Weakness 0.00%
Outside Day Range Expansion 0.00%
Wide Bands Range Expansion 0.00%
Lower Bollinger Band Touch Weakness 0.00%
Oversold Stochastic Weakness 0.00%
Calm After Storm Range Contraction 7.26%
Lower Bollinger Band Walk Weakness 7.26%
Wide Bands Range Expansion 7.26%
Below Lower BB Weakness 7.26%

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Profile

Eros International Plc, together with its subsidiaries, is engaged in the acquisition, co-production, and distribution of Indian films and related content. It distributes and exploits films across various formats, including cinemas, digital and home entertainment, and television syndication. The company distributes its films to the population in India, the South Asian diaspora, and to non-Indian consumers who view Indian films that are subtitled or dubbed in local languages; and in approximately 50 countries, including the United States, the United Kingdom, the Middle East, Germany, Poland, Russia, Indonesia, Malaysia, Taiwan, Japan, South Korea, China, and Arabic speaking countries for Indian expatriate population. It also syndicates and licenses its content to satellite channels, cable service providers, and IPTV and SVod platforms, as well as terrestrial channels worldwide; and distributes full-length films, music videos, and clips its online platform, Eros Now, as well as through DTH VOD and SVOD. In addition, the company licenses mobile rights, music synchronization rights, and publishing/master rights to radio and television channels in India; and sells physical CDs and MP3 tracks through third party platforms, as well as streaming services, such as Spotify and Radio digital streaming. Eros International Plc has aggregated rights to approximately 1,900 films in its library, and an additional 700 films for which it holds digital rights in Hindi and other regional languages. The company was founded in 1977 and is based in Douglas, the United Kingdom.
Operating Systems Television Digital Television Internet Television Online Platform Iptv Internet Broadcasting Television Technology MP3 Terminology Multimedia Streaming Services

Is EROS a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 4.91
52 Week Low 1.1
Average Volume 4,358,059
200-Day Moving Average 2.80
50-Day Moving Average 3.27
20-Day Moving Average 3.24
10-Day Moving Average 3.04
Average True Range 0.32
ADX 26.27
+DI 16.67
-DI 30.75
Chandelier Exit (Long, 3 ATRs ) 3.21
Chandelier Exit (Short, 3 ATRs ) 3.36
Upper Bollinger Band 4.00
Lower Bollinger Band 2.47
Percent B (%b) 0.12
BandWidth 47.17
MACD Line -0.17
MACD Signal Line -0.05
MACD Histogram -0.1118
Fundamentals Value
Market Cap 161.27 Million
Num Shares 60.6 Million
EPS 0.00
Price-to-Earnings (P/E) Ratio 0.00
Price-to-Sales 3.05
Price-to-Book 0.91
PEG Ratio 4.52
Dividend 0.00
Dividend Yield 0.00%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 3.10
Resistance 3 (R3) 3.06 2.88 3.02
Resistance 2 (R2) 2.88 2.77 2.90 3.00
Resistance 1 (R1) 2.77 2.70 2.83 2.81 2.97
Pivot Point 2.59 2.59 2.62 2.61 2.59
Support 1 (S1) 2.48 2.48 2.54 2.52 2.35
Support 2 (S2) 2.30 2.41 2.32 2.32
Support 3 (S3) 2.19 2.30 2.30
Support 4 (S4) 2.23