(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 2022-05-05 View latest technical analysis
10 day averaged volume of Indo Rama is 136855
| Date | Daily Closing Price | Open | High | Low | Volume |
| 05 Thu May 2022 | 81.55 | 78.35 | 84.80 | 77.75 | 5.552 times |
| 04 Wed May 2022 | 77.30 | 75.00 | 85.00 | 75.00 | 1.788 times |
| 02 Mon May 2022 | 77.75 | 78.20 | 78.60 | 75.40 | 0.893 times |
| 29 Fri Apr 2022 | 79.80 | 81.40 | 85.00 | 78.10 | 3.296 times |
| 28 Thu Apr 2022 | 78.90 | 85.90 | 86.25 | 77.75 | 1.13 times |
| 27 Wed Apr 2022 | 83.80 | 76.00 | 84.70 | 76.00 | 1.375 times |
| 26 Tue Apr 2022 | 77.05 | 77.45 | 77.60 | 75.30 | 0.471 times |
| 25 Mon Apr 2022 | 75.30 | 76.15 | 77.30 | 74.70 | 0.248 times |
| 22 Fri Apr 2022 | 78.15 | 75.50 | 79.30 | 75.50 | 0.237 times |
| 21 Thu Apr 2022 | 76.05 | 75.95 | 77.30 | 75.55 | 0.164 times |
Stock of Indo Rama (IndoRama) has showed a significant upmove. This could be a good time to enter in 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 79.8, but if it comes below 79.8, then a intra day sell could be more profitable.
If you take a sell trade below 79.8, then use 79.8 as stoploss and 77.14 as target. However if you take a buy trade in stock , then use 79.8 as stoploss and 83 as target.
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 |
| Downside Target | 79.45 |
| Upside Target | 83.60 |
| Upside Target | 85.00 |
| 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 | 76.03 |
| Downside Intraday Target | 70.52 |
| Upside Intraday Target | 86.03 |
| Upside Intraday Target | 90.52 |
| Downside Intraday Target | 80.52 |
Weekly technical analysis of Indo Rama (IndoRama)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 05 Thu May 2022 | 81.55 | 78.20 | 85.00 | 75.00 | 1.263 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 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 |
| 05 Thu May 2022 | 81.55 | 78.20 | 85.00 | 75.00 | 0.621 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 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 | 28, 12, 41 | Buy |
| MACD | 4, 4 | Buy |
| Stochastics | 42 | None |
| CCI | 86 | Buy |
| RSI | 57 | Buy |
| OBV | 874021 | Sell |
| VWAP | 80 | Buy |
| ADL | 0 | Sell |
| ROC | 8 | Buy |
| Force Index | 0 | Sell |
Price action analysis of Indo Rama ( (IndoRama) ) based on a short 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.
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 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 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.
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 and BUY 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 80.1 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.
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