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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 2022-04-28 View latest technical analysis

10 day averaged volume of Indo Rama is 75653

Date Daily Closing Price Open High Low Volume
28 Thu Apr 2022 78.90 85.90 86.25 77.75 2.043 times
27 Wed Apr 2022 83.80 76.00 84.70 76.00 2.487 times
26 Tue Apr 2022 77.05 77.45 77.60 75.30 0.851 times
25 Mon Apr 2022 75.30 76.15 77.30 74.70 0.448 times
22 Fri Apr 2022 78.15 75.50 79.30 75.50 0.428 times
21 Thu Apr 2022 76.05 75.95 77.30 75.55 0.296 times
20 Wed Apr 2022 75.70 74.80 77.25 74.80 0.722 times
19 Tue Apr 2022 73.95 79.25 79.95 71.00 1.114 times
18 Mon Apr 2022 78.50 82.40 83.60 77.90 1.708 times
13 Wed Apr 2022 79.05 75.45 80.30 75.45 1.555 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 stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 79.4 as stoploss in an intra day sell trade for a target of 75.55. However, stock will show a bullish move above 79.4.

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
Upside Target 79.45
Upside Target 83.60
Upside Target 85.90
Upside Target 86.25
Upside Target 90.25

Intraday share price targets for Indo Rama (IndoRama)

Target Type Value
Downside Intraday Target 73.65
Downside Intraday Target 68.4
Upside Intraday Target 85.2
Upside Intraday Target 91.5
Upside Intraday Target 79.95

Weekly technical analysis of Indo Rama (IndoRama)

Date Weekly Closing Price Open High Low Volume
28 Thu Apr 2022 78.90 76.15 86.25 74.70 1.366 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
28 Thu Apr 2022 78.90 66.90 86.25 66.45 1.436 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 33, 14, 40 Buy
MACD 4, 4Buy
Stochastics 64None
CCI 111Sell
RSI 54Buy
OBV 200838Sell
VWAP 79Buy
ADL 0Sell
ROC 5Buy
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 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 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 buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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.

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 coming down

CCI has generated a SELL signal for Indo Rama in short term but SELL signal is weak.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Indo Rama is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 78.86 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

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Daily chart

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