Emami Gold Coin Posts Gain, Bullish Trend Holds
The Emami Gold Coin (IRR) closed higher on October 14, 2026, ending a streak of three consecutive daily declines. The instrument opened the session at 2,633,...
Market Summary
The Emami Gold Coin (IRR) closed higher on October 14, 2026, ending a streak of three consecutive daily declines. The instrument opened the session at 2,633,850,000 IRR and reached an intraday high of 2,688,500,000 IRR before settling at 2,670,900,000 IRR. The daily low was recorded at 2,629,000,000 IRR.
Interactive price chart
Market Analysis
Emami Gold Coin's closing price of 2,670,900,000 IRR represents a notable recovery from the previous session's close of 2,578,100,000 IRR. Despite recent volatility, the overall market structure for the Emami Gold Coin is categorized as "Bullish." The price continues to trade above its 20-day, 50-day, and 200-day Simple Moving Averages, reinforcing this positive trend.
The instrument's current price is approximately 3.53% below its 52-week high, while remaining significantly above its 52-week low by about 70.14%. The trading session on October 14 saw a range of approximately 59.5 million IRR. Over the last 30 days, volatility has been measured at 1.60%. Key levels for the Emami Gold Coin include resistance at 2,768,700,000 IRR and support at 2,349,800,000 IRR.
Technical Highlights
Momentum indicators present a mixed picture. The 14-period Relative Strength Index (RSI) stands at 64.25, indicating moderately positive momentum without entering overbought territory. The Average Directional Index (ADX) at 41.42 suggests a strong trend is in place, with the Plus DI (45.58) notably higher than the Minus DI (26.55), confirming the strength of positive directional movement.
Conversely, the Moving Average Convergence Divergence (MACD) histogram is negative at -13,028,229.68, as the MACD line is below its signal line, suggesting a recent weakening of bullish momentum. Furthermore, both the Supertrend and Parabolic SAR (PSAR) indicators are currently signaling a bearish direction, with the price trading below their respective levels of 2,740,437,878 IRR and 2,764,816,000 IRR. The Aroon Oscillator, at -58.33, also points to a recent prevalence of downtrend activity, with Aroon Down significantly higher than Aroon Up.
Conclusion
The Emami Gold Coin recorded a gain on October 14, breaking a three-day losing streak. The broader market trend remains bullish, supported by the price trading above key moving averages. However, some technical indicators suggest a recent weakening of bullish momentum and potential for further downside. The available market data alone do not indicate the underlying cause of the observed price movement.
Live rates
Track the latest Emami Gold Coin (IRR) session on Iran Market Data.