(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 2022-05-02 View latest technical analysis
10 day averaged volume of Indo Rama is 121504
| Date | Daily Closing Price | Open | High | Low | Volume |
| 02 Mon May 2022 | 77.75 | 78.20 | 78.60 | 75.40 | 1.006 times |
| 29 Fri Apr 2022 | 79.80 | 81.40 | 85.00 | 78.10 | 3.713 times |
| 28 Thu Apr 2022 | 78.90 | 85.90 | 86.25 | 77.75 | 1.272 times |
| 27 Wed Apr 2022 | 83.80 | 76.00 | 84.70 | 76.00 | 1.549 times |
| 26 Tue Apr 2022 | 77.05 | 77.45 | 77.60 | 75.30 | 0.53 times |
| 25 Mon Apr 2022 | 75.30 | 76.15 | 77.30 | 74.70 | 0.279 times |
| 22 Fri Apr 2022 | 78.15 | 75.50 | 79.30 | 75.50 | 0.267 times |
| 21 Thu Apr 2022 | 76.05 | 75.95 | 77.30 | 75.55 | 0.184 times |
| 20 Wed Apr 2022 | 75.70 | 74.80 | 77.25 | 74.80 | 0.45 times |
| 19 Tue Apr 2022 | 73.95 | 79.25 | 79.95 | 71.00 | 0.693 times |
My analysis of stock is bullish for shortterm, and stock might move up till 79.3 or till 82.2. Use a stoploss of 76.77 and if this stock hits its stoploss, then it can fall down till 74.29
Share price targets for Indo Rama (IndoRama)
| Target Type | Value |
| Downside Target | 57.65 |
| Downside Target | 59.85 |
| Downside Target | 66.45 |
| Downside Target | 71.00 |
| Upside Target | 78.60 |
| Upside Target | 79.45 |
| Upside Target | 80.30 |
| 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 | 75.9 |
| Downside Intraday Target | 74.05 |
| Upside Intraday Target | 79.1 |
| Upside Intraday Target | 80.45 |
| Downside Intraday Target | 77.25 |
Weekly technical analysis of Indo Rama (IndoRama)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 02 Mon May 2022 | 77.75 | 78.20 | 78.60 | 75.40 | 0.137 times |
| 29 Fri Apr 2022 | 79.80 | 76.15 | 86.25 | 74.70 | 2.763 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 |
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 |
| 02 Mon May 2022 | 77.75 | 78.20 | 78.60 | 75.40 | 0.067 times |
| 29 Fri Apr 2022 | 79.80 | 66.90 | 86.25 | 66.45 | 1.911 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 |
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 | 26, 16, 22 | Buy |
| MACD | 4, 4 | Buy |
| Stochastics | 51 | None |
| CCI | -18 | Sell |
| RSI | 53 | Buy |
| OBV | 431700 | Sell |
| VWAP | 79 | Sell |
| ADL | 0 | Sell |
| ROC | -1 | Sell |
| Force Index | 0 | Sell |
Price action analysis of Indo Rama ( (IndoRama) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Indo Rama ( (IndoRama) ) based on a mid to longer 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.
ADX buy sell signal for Indo Rama stock for short term is BUY. Signal strength is Strong and stock is losing 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 tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Indo Rama in short term and SELL signal is strong!
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 79.12 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
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