(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)
10 day averaged volume of Indo Rama is 5790
| Date | Daily Closing Price | Open | High | Low | Volume |
| 25 Fri Nov 2022 | 53.50 | 52.20 | 53.90 | 52.20 | 0.741 times |
| 24 Thu Nov 2022 | 52.70 | 52.75 | 54.35 | 52.50 | 1.759 times |
| 23 Wed Nov 2022 | 53.65 | 53.70 | 54.35 | 53.20 | 1.047 times |
| 22 Tue Nov 2022 | 53.95 | 53.00 | 54.95 | 52.50 | 1.547 times |
| 21 Mon Nov 2022 | 53.25 | 53.10 | 54.75 | 53.00 | 1.611 times |
| 18 Fri Nov 2022 | 54.00 | 54.60 | 54.95 | 53.85 | 0.87 times |
| 17 Thu Nov 2022 | 54.40 | 55.05 | 55.50 | 54.25 | 0.655 times |
| 16 Wed Nov 2022 | 54.90 | 55.00 | 56.00 | 54.10 | 0.612 times |
| 15 Tue Nov 2022 | 55.00 | 55.05 | 55.40 | 54.40 | 0.499 times |
| 14 Mon Nov 2022 | 55.20 | 55.05 | 56.05 | 55.05 | 0.27 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 53.6, but if it comes above 53.6, then a intra day buy could be more profitable.
If you take a sell trade below 53.6, then use 53.6 as stoploss and 51.3 as target. However if you take a buy trade in stock , then use 53.6 as stoploss and 55.57 as target.
Share price targets for Indo Rama (IndoRama)
| Target Type | Value |
| Downside Target | 52.20 |
| Upside Target | 53.85 |
| Upside Target | 54.95 |
| Upside Target | 58.35 |
| Upside Target | 60.90 |
| Upside Target | 61.10 |
| Upside Target | 61.65 |
| Upside Target | 63.00 |
| Upside Target | 64.00 |
| Upside Target | 64.70 |
| Upside Target | 69.70 |
Intraday share price targets for Indo Rama (IndoRama)
| Target Type | Value |
| Downside Intraday Target | 52.15 |
| Downside Intraday Target | 50.8 |
| Upside Intraday Target | 54.9 |
| Upside Intraday Target | 56.3 |
| Upside Intraday Target | 53.55 |
Weekly technical analysis of Indo Rama (IndoRama)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 25 Fri Nov 2022 | 53.50 | 53.10 | 54.95 | 52.20 | 2.307 times |
| 18 Fri Nov 2022 | 54.00 | 55.05 | 56.05 | 53.85 | 0.508 times |
| 11 Fri Nov 2022 | 55.40 | 55.10 | 57.85 | 55.10 | 0.399 times |
| 04 Fri Nov 2022 | 56.20 | 59.05 | 61.65 | 55.00 | 3.724 times |
| 28 Fri Oct 2022 | 58.50 | 60.90 | 60.90 | 56.95 | 0.202 times |
Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Indo Rama (IndoRama)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 25 Fri Nov 2022 | 53.50 | 59.70 | 61.10 | 52.20 | 0.833 times |
| 31 Mon Oct 2022 | 59.10 | 57.30 | 63.00 | 55.50 | 0.802 times |
| 30 Fri Sep 2022 | 56.80 | 62.25 | 64.70 | 55.55 | 0.667 times |
| 30 Tue Aug 2022 | 62.55 | 63.15 | 64.00 | 56.50 | 1.439 times |
Scroll below to view daily charts
Price has moved down 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 | 9, 21, 38 | Sell |
| MACD | -3, -2 | Sell |
| Stochastics | 23 | Sell |
| CCI | -98 | Buy |
| RSI | 53 | Buy |
| OBV | -70108 | Sell |
| VWAP | 54 | Sell |
| ADL | 0 | Sell |
| ROC | -3 | Sell |
| Force Index | 0 | Sell |
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 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 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.
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 below 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 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 53.72 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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