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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 2021-10-11 View latest technical analysis

10 day averaged volume of Indo Rama is 8111

Date Daily Closing Price Open High Low Volume
11 Mon Oct 2021 52.15 52.65 53.00 51.35 1.189 times
08 Fri Oct 2021 52.30 51.80 53.70 51.70 1.787 times
07 Thu Oct 2021 51.80 52.50 52.50 51.00 0.579 times
06 Wed Oct 2021 51.45 52.35 52.35 50.70 1.558 times
05 Tue Oct 2021 52.15 52.50 53.25 50.80 0.957 times
04 Mon Oct 2021 51.45 53.00 53.00 51.00 1.072 times
01 Fri Oct 2021 50.50 49.10 50.90 49.00 0.587 times
30 Thu Sep 2021 50.00 49.95 50.50 49.50 1.249 times
29 Wed Sep 2021 49.60 50.65 50.70 49.35 0.875 times
28 Tue Sep 2021 49.60 50.00 51.05 49.00 1.087 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)

Target Type Value
Downside Target 46.30
Downside Target 47.70
Downside Target 50.30
Upside Target 53.00
Upside Target 53.70
Upside Target 53.90
Upside Target 55.95
Upside Target 57.15
Upside Target 58.10
Upside Target 58.75
Upside Target 62.45

Intraday share price targets for Indo Rama (IndoRama)

Target Type Value
Downside Intraday Target 51.33
Downside Intraday Target 50.52
Upside Intraday Target 52.98
Upside Intraday Target 53.82
Upside Intraday Target 52.17

Weekly technical analysis of Indo Rama (IndoRama)

Date Weekly Closing Price Open High Low Volume
11 Mon Oct 2021 52.15 52.65 53.00 51.35 0.2 times
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

Price has moved down 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
11 Mon Oct 2021 52.15 49.10 53.70 49.00 0.259 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 19, 14, 15 Buy
MACD 0, -0Buy
Stochastics 68None
CCI 68Sell
RSI 49Sell
OBV -77381Sell
VWAP 51Buy
ADL 0Sell
ROC 3Buy
Force Index 0Sell

Price action analysis of Indo Rama ( (IndoRama) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 Weak and stock is losing momentum.

MACD generated a BUY signal for Indo Rama in short term and the buy signal is strong.

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 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 51.2 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.

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Daily charts

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