(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 2022-04-26 View latest technical analysis
10 day averaged volume of Indo Rama is 62198
|Date||Daily Closing Price||Open||High||Low||Volume|
|26 Tue Apr 2022||77.05||77.45||77.60||75.30||1.035 times|
|25 Mon Apr 2022||75.30||76.15||77.30||74.70||0.545 times|
|22 Fri Apr 2022||78.15||75.50||79.30||75.50||0.521 times|
|21 Thu Apr 2022||76.05||75.95||77.30||75.55||0.36 times|
|20 Wed Apr 2022||75.70||74.80||77.25||74.80||0.878 times|
|19 Tue Apr 2022||73.95||79.25||79.95||71.00||1.354 times|
|18 Mon Apr 2022||78.50||82.40||83.60||77.90||2.078 times|
|13 Wed Apr 2022||79.05||75.45||80.30||75.45||1.891 times|
|12 Tue Apr 2022||75.10||78.15||78.15||73.65||0.475 times|
|11 Mon Apr 2022||76.30||79.00||79.00||76.25||0.569 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 78.2 as stoploss in an intra day sell trade for a target of 73.98. However, stock will show a bullish move above 78.2.
Share price targets for Indo Rama (IndoRama)
Intraday share price targets for Indo Rama (IndoRama)
|Downside Intraday Target||75.3|
|Downside Intraday Target||73.55|
|Upside Intraday Target||78.2|
|Upside Intraday Target||79.35|
|Downside Intraday Target||76.45|
Weekly technical analysis of Indo Rama (IndoRama)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|26 Tue Apr 2022||77.05||76.15||77.60||74.70||0.304 times|
|22 Fri Apr 2022||78.15||82.40||83.60||71.00||1.768 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|
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|
|26 Tue Apr 2022||77.05||66.90||83.60||66.45||1.075 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||24, 21, 8||Buy|
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 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 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 Weak 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of green color and prices are above the green 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 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 76.98 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 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.