(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 2021-10-08 View latest technical analysis
10 day averaged volume of Indo Rama is 7538
|Date||Daily Closing Price||Open||High||Low||Volume|
|08 Fri Oct 2021||52.30||51.80||53.70||51.70||1.923 times|
|07 Thu Oct 2021||51.80||52.50||52.50||51.00||0.623 times|
|06 Wed Oct 2021||51.45||52.35||52.35||50.70||1.676 times|
|05 Tue Oct 2021||52.15||52.50||53.25||50.80||1.03 times|
|04 Mon Oct 2021||51.45||53.00||53.00||51.00||1.154 times|
|01 Fri Oct 2021||50.50||49.10||50.90||49.00||0.631 times|
|30 Thu Sep 2021||50.00||49.95||50.50||49.50||1.344 times|
|29 Wed Sep 2021||49.60||50.65||50.70||49.35||0.942 times|
|28 Tue Sep 2021||49.60||50.00||51.05||49.00||1.17 times|
|27 Mon Sep 2021||50.50||50.90||51.00||50.00||0.268 times|
My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 52.7 as stoploss in an intra day sell trade for a target of 51.37. However, stock will show a bullish move above 52.7.
Share price targets for Indo Rama (IndoRama)
Intraday share price targets for Indo Rama (IndoRama)
|Downside Intraday Target||50.77|
|Downside Intraday Target||49.23|
|Upside Intraday Target||53.77|
|Upside Intraday Target||55.23|
|Downside Intraday Target||52.23|
Weekly technical analysis of Indo Rama (IndoRama)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|08 Fri Oct 2021||52.30||53.00||53.70||50.70||1.471 times|
|01 Fri Oct 2021||50.50||50.90||51.05||49.00||0.777 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|
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|
|08 Fri Oct 2021||52.30||49.10||53.70||49.00||0.219 times|
|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|
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||20, 13, 21||Buy|
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 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 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 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 gaining 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting tired and bears 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 SELL signal in short term and selling is picking up 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 51.07 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.