(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 6809
| Date | Closing Price | Open | High | Low | Volume |
| 06 Tue Dec 2022 | 56.05 | 55.00 | 56.50 | 54.95 | 0.006 Mn |
| 05 Mon Dec 2022 | 56.15 | 54.55 | 56.85 | 54.55 | 0.012 Mn |
| 02 Fri Dec 2022 | 55.85 | 55.50 | 56.00 | 55.25 | 0.003 Mn |
| 01 Thu Dec 2022 | 55.60 | 54.65 | 56.70 | 54.50 | 0.007 Mn |
| 30 Wed Nov 2022 | 54.35 | 54.70 | 55.50 | 53.65 | 0.006 Mn |
| 29 Tue Nov 2022 | 54.15 | 54.60 | 54.70 | 53.70 | 0.003 Mn |
| 28 Mon Nov 2022 | 53.90 | 52.15 | 54.30 | 52.15 | 0.008 Mn |
| 25 Fri Nov 2022 | 53.50 | 52.20 | 53.90 | 52.20 | 0.004 Mn |
| 24 Thu Nov 2022 | 52.70 | 52.75 | 54.35 | 52.50 | 0.01 Mn |
| 23 Wed Nov 2022 | 53.65 | 53.70 | 54.35 | 53.20 | 0.006 Mn |
Indicators analysis of Indo Rama (IndoRama)
Price action analysis of Indo Rama ( (IndoRama) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Indo Rama ( (IndoRama) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Indo Rama ( (IndoRama) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Indo Rama ( (IndoRama) ) based on a mid to longer 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.
ADX buy sell signal for Indo Rama stock for short term is BUY. Signal strength is Strong and stock is losing momentum.
MACD generated a BUY signal for Indo Rama in short term but the buy signal is initial and weak.
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 HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Indo Rama in short term but SELL signal is weak.
RSI is generating a SELL signal in short term but selling is losing 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 54.58 and Indo Rama (IndoRama) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
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 is giving positive 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 | 19, 11, 27 | Buy |
| MACD | -1, -2 | Buy |
| Stochastics | 83 | Buy |
| CCI | 89 | Sell |
| RSI | 50 | Sell |
| OBV | -11004 | Sell |
| VWAP | 55 | Buy |
| ADL | 0 | Sell |
| ROC | 4 | Buy |
| Force Index | 0 | Sell |
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