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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 2022-04-18 View latest technical analysis

10 day averaged volume of Indo Rama is 63591

Date Daily Closing Price Open High Low Volume
18 Mon Apr 2022 78.50 82.40 83.60 77.90 2.032 times
13 Wed Apr 2022 79.05 75.45 80.30 75.45 1.85 times
12 Tue Apr 2022 75.10 78.15 78.15 73.65 0.465 times
11 Mon Apr 2022 76.30 79.00 79.00 76.25 0.556 times
08 Fri Apr 2022 77.40 73.85 79.45 73.85 1.299 times
07 Thu Apr 2022 72.75 73.20 75.00 72.40 0.822 times
06 Wed Apr 2022 73.30 75.00 75.00 72.90 0.435 times
05 Tue Apr 2022 75.05 76.00 77.00 74.70 1.013 times
04 Mon Apr 2022 76.25 77.80 78.45 75.15 1.242 times
01 Fri Apr 2022 75.30 66.90 76.70 66.45 1.731 times

Stock of Indo Rama (IndoRama) has showed a significant fall. This could be a good time to exit from this stock.

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 76.3, but if it comes below 76.3, then a intra day sell could be more profitable.
If you take a sell trade below 76.3, then use 76.3 as stoploss and 71.75 as target. However if you take a buy trade in stock , then use 76.3 as stoploss and 81.7 as target.

Share price targets for Indo Rama (IndoRama)

Target Type Value
Downside Target 46.65
Downside Target 57.65
Downside Target 59.85
Downside Target 62.35
Downside Target 64.75
Downside Target 72.25
Downside Target 76.70
Upside Target 79.45
Upside Target 80.30
Upside Target 83.60
Upside Target 85.90
Upside Target 90.25

Intraday share price targets for Indo Rama (IndoRama)

Target Type Value
Downside Intraday Target 76.4
Downside Intraday Target 74.3
Upside Intraday Target 82.1
Upside Intraday Target 85.7
Upside Intraday Target 80

Weekly technical analysis of Indo Rama (IndoRama)

Date Weekly Closing Price Open High Low Volume
18 Mon Apr 2022 78.50 82.40 83.60 77.90 0.708 times
13 Wed Apr 2022 79.05 79.00 80.30 73.65 0.597 times
08 Fri Apr 2022 77.40 77.80 79.45 72.40 0.93 times
01 Fri Apr 2022 75.30 67.35 76.70 64.75 1.391 times
25 Fri Mar 2022 67.55 66.65 72.25 65.85 1.708 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
18 Mon Apr 2022 78.50 66.90 83.60 66.45 0.767 times
31 Thu Mar 2022 65.65 64.25 72.60 59.85 0.482 times
28 Mon Feb 2022 66.95 80.90 85.90 60.25 0.572 times
31 Mon Jan 2022 80.85 60.80 90.25 57.65 5.352 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 34, 15, 40 Buy
MACD 4, 3Buy
Stochastics 77Buy
CCI 149Buy
RSI 63Buy
OBV 41639Sell
VWAP 77Buy
ADL 0Sell
ROC 20Buy
Force Index 0Sell

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

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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down

CCI has generated a buy signal for Indo Rama in short term and BUY signal is strong.

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 76.58 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 positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

Click here for Indo Rama charts

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Daily charts

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Daily chart

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