(IndoRama) Indo Rama Renko charts technical analysis
(IndoRama) Indo Rama Renko charts technical analysis Renko analysis of Indo Rama | Buy/Sell Indo Rama
10 day averaged volume of Indo Rama is 52629
| Date | Closing Price | Open | High | Low | Volume |
| 27 Fri May 2022 | 68.20 | 75.40 | 75.40 | 66.70 | 0.022 Mn |
| 26 Thu May 2022 | 64.95 | 61.10 | 65.90 | 61.10 | 0.026 Mn |
| 25 Wed May 2022 | 62.90 | 66.35 | 66.75 | 62.40 | 0.032 Mn |
| 24 Tue May 2022 | 65.75 | 68.25 | 69.15 | 64.75 | 0.019 Mn |
| 23 Mon May 2022 | 68.55 | 69.00 | 70.15 | 67.65 | 0.034 Mn |
| 20 Fri May 2022 | 69.15 | 66.10 | 69.40 | 66.10 | 0.02 Mn |
| 19 Thu May 2022 | 67.50 | 69.50 | 69.50 | 66.40 | 0.05 Mn |
| 18 Wed May 2022 | 69.55 | 71.55 | 73.55 | 68.80 | 0.081 Mn |
| 17 Tue May 2022 | 71.45 | 70.55 | 72.65 | 69.40 | 0.076 Mn |
| 16 Mon May 2022 | 70.05 | 68.65 | 71.55 | 68.65 | 0.087 Mn |
Indicators analysis of Indo Rama (IndoRama)
Price action analysis of Indo Rama ( (IndoRama) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Indo Rama ( (IndoRama) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Indo Rama ( (IndoRama) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Indo Rama ( (IndoRama) ) based on a mid to longer term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
ADX buy sell signal for Indo Rama stock for short term is BUY. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Indo Rama in short term and the sell signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Indo Rama Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up
CCI has generated a buy signal for Indo Rama in short term and BUY signal is strong.
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Indo Rama is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 68.68 and Indo Rama (IndoRama) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
People seem to be coming out and selling the Indo Rama (IndoRama) stock. Volume based technical analysis of Indo Rama (IndoRama) stock is negative.
Indo Rama Stock has given negative returns over a short term period. Returns for a longer term period have been negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
Renko charts
| Indicator Name | Indicator Value | Indicator Signal |
| ADX | 29, 22, 14 | Buy |
| MACD | -4, -3 | Sell |
| Stochastics | 28 | Sell |
| CCI | 64 | Buy |
| RSI | 51 | Buy |
| OBV | -721132 | Sell |
| VWAP | 69 | Sell |
| ADL | 0 | Sell |
| ROC | -1 | Sell |
| Force Index | 0 | Sell |
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