Emami Gold Coin (IRR) Records Daily Gain Amidst Mixed Technical Signals
Emami Gold Coin (IRR) closed higher on November 4, 2026, marking a single day of upward movement. The instrument settled at 2,646,100,000 IRR, following an o...
Market Summary
Emami Gold Coin (IRR) closed higher on November 4, 2026, marking a single day of upward movement. The instrument settled at 2,646,100,000 IRR, following an opening price of 2,624,700,000 IRR.
Interactive price chart
Market Analysis
During the latest session, Emami Gold Coin traded within a range, reaching a high of 2,646,300,000 IRR and a low of 2,624,400,000 IRR. The closing price of 2,646,100,000 IRR represents a gain for the day, contributing to one consecutive day of upward price action.
The market structure indicates an overall bullish trend for Emami Gold Coin. The current price is trading above its 50-day and 200-day Simple Moving Averages (SMAs), which are at 2,555,517,000 IRR and 2,044,816,250 IRR, respectively. However, the price is positioned below its 20-day SMA of 2,653,890,000 IRR. The instrument is approximately 4.43% below its 52-week high and significantly above its 52-week low. Volatility over the past 30 days remains relatively low at 1.55%. Key levels to watch include support at 2,574,500,000 IRR and resistance at 2,756,200,000 IRR.
Technical Highlights
Momentum indicators present a mixed picture. The 14-period Relative Strength Index (RSI) is at 53.27, indicating moderately positive momentum above its neutral level. Conversely, the Moving Average Convergence Divergence (MACD) shows its line below the signal line, with a negative histogram, suggesting a recent shift towards bearish momentum.
Trend strength indicators also offer varied insights. The Average Directional Index (ADX) is at 19.89, suggesting a weak trend. Both the Supertrend and Parabolic SAR (PSAR) indicators are signaling a downtrend. Furthermore, the Aroon Oscillator, at -33.33, with Aroon Down significantly higher than Aroon Up, also points to a prevailing downtrend.
Conclusion
Emami Gold Coin (IRR) registered a daily gain on November 4, 2026, contributing to one consecutive day of upward movement. While the overall market structure indicates a bullish trend, several short-term technical indicators suggest a recent shift towards bearish momentum or a weak prevailing downtrend. 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.