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(IndoRama) Indo Rama complete technical analysis [charts+indicators] | Buy/Sell Indo Rama | (IndoRama) share price targets

Complete technical analysis of Indo Rama (IndoRama) by charts plus indicators, forecast predictions and share price targets for Indo Rama (IndoRama)

Showing technical analysis as on 2021-09-30 View latest technical analysis

10 day averaged volume of Indo Rama is 8382

Date Daily Closing Price Open High Low Volume
30 Thu Sep 2021 50.00 49.95 50.50 49.50 1.209 times
29 Wed Sep 2021 49.60 50.65 50.70 49.35 0.847 times
28 Tue Sep 2021 49.60 50.00 51.05 49.00 1.052 times
27 Mon Sep 2021 50.50 50.90 51.00 50.00 0.241 times
24 Fri Sep 2021 49.95 52.00 52.00 49.35 1.045 times
23 Thu Sep 2021 50.25 51.90 51.90 49.25 0.209 times
22 Wed Sep 2021 49.95 51.90 51.90 49.50 0.868 times
21 Tue Sep 2021 50.65 50.60 51.40 48.50 1.964 times
20 Mon Sep 2021 51.05 53.55 53.90 50.55 0.954 times
17 Fri Sep 2021 52.95 53.20 54.80 52.55 2.399 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 49.8 as stoploss in an intra day buy trade for a target of 51.53. However, stock will show a bearish move below 49.8.

Share price targets for Indo Rama (IndoRama)

Target Type Value
Downside Target 36.50
Downside Target 46.30
Downside Target 47.70
Upside Target 50.30
Upside Target 53.90
Upside Target 55.95
Upside Target 57.15
Upside Target 58.10
Upside Target 58.75
Upside Target 62.45
Upside Target 62.65

Intraday share price targets for Indo Rama (IndoRama)

Target Type Value
Downside Intraday Target 48.98
Downside Intraday Target 47.97
Upside Intraday Target 51.03
Upside Intraday Target 52.07
Upside Intraday Target 50.02

Weekly technical analysis of Indo Rama (IndoRama)

Date Weekly Closing Price Open High Low Volume
30 Thu Sep 2021 50.00 50.90 51.05 49.00 0.665 times
24 Fri Sep 2021 49.95 53.55 53.90 48.50 0.426 times
17 Fri Sep 2021 52.95 55.95 55.95 50.30 1.681 times
09 Thu Sep 2021 54.80 49.10 57.15 49.10 1.532 times
03 Fri Sep 2021 49.75 50.95 51.50 46.60 1.255 times

Price has moved up this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Indo Rama (IndoRama)

Date Monthly Closing Price Open High Low Volume
30 Thu Sep 2021 50.00 46.60 57.15 46.60 1.102 times
31 Tue Aug 2021 47.80 53.90 58.75 46.30 0.329 times
30 Fri Jul 2021 51.80 48.10 62.45 48.10 1.324 times
30 Wed Jun 2021 48.70 49.95 58.10 47.70 0.35 times

Scroll below to view daily charts

Price has moved up this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Indo Rama (IndoRama)

Indicator Name Indicator Value Indicator Signal
ADX 11, 19, 26 Sell
MACD -1, -1Sell
Stochastics 19Sell
CCI -61Buy
RSI 51Buy
OBV -29386Sell
VWAP 51Sell
ADL 0Sell
ROC -7Sell
Force Index 0Sell

Price action analysis of Indo Rama ( (IndoRama) ) based on a short 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 short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 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 SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Indo Rama in short term and the sell signal is strong.

Indo Rama Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears 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 moving up

CCI has generated a buy signal for Indo Rama in short term but BUY signal is weak.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Indo Rama is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 50.8 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.

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Daily charts

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Daily chart

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