Mobile app version of munafa.co.com
Login or Join
 Learn then Earn

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2022-04-27 View latest technical analysis

10 day averaged volume of Indo Rama is 60375

Date Daily Closing Price Open High Low Volume
27 Wed Apr 2022 83.80 76.00 84.70 76.00 3.117 times
26 Tue Apr 2022 77.05 77.45 77.60 75.30 1.067 times
25 Mon Apr 2022 75.30 76.15 77.30 74.70 0.561 times
22 Fri Apr 2022 78.15 75.50 79.30 75.50 0.536 times
21 Thu Apr 2022 76.05 75.95 77.30 75.55 0.371 times
20 Wed Apr 2022 75.70 74.80 77.25 74.80 0.905 times
19 Tue Apr 2022 73.95 79.25 79.95 71.00 1.395 times
18 Mon Apr 2022 78.50 82.40 83.60 77.90 2.14 times
13 Wed Apr 2022 79.05 75.45 80.30 75.45 1.948 times
12 Tue Apr 2022 75.10 78.15 78.15 73.65 0.49 times

Stock of Indo Rama (IndoRama) has showed a significant upmove. This could be a good time to enter in this stock!

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 84.4, for a target of 79.2 or 74.89

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 66.45
Downside Target 71.00
Downside Target 76.70
Downside Target 79.45
Downside Target 83.60
Upside Target 84.70
Upside Target 85.90
Upside Target 90.25

Intraday share price targets for Indo Rama (IndoRama)

Target Type Value
Downside Intraday Target 77.43
Downside Intraday Target 71.07
Upside Intraday Target 87.43
Upside Intraday Target 91.07
Downside Intraday Target 81.07

Weekly technical analysis of Indo Rama (IndoRama)

Date Weekly Closing Price Open High Low Volume
27 Wed Apr 2022 83.80 76.15 84.70 74.70 0.887 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 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
27 Wed Apr 2022 83.80 66.90 84.70 66.45 1.273 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 35, 17, 36 Buy
MACD 4, 4Buy
Stochastics 59None
CCI 169Buy
RSI 58Buy
OBV 272118Sell
VWAP 79Buy
ADL 0Sell
ROC 10Buy
Force Index 0Sell

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 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 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 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 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 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 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 78.71 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

Click here for further forecast and predictions for tomorrow

Daily charts

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

Daily chart

Daily analysis, news, Munafa stocks list in email:

Back to top | Use Dark Theme