(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 2022-05-09 View latest technical analysis
10 day averaged volume of Indo Rama is 234766
|Date||Daily Closing Price||Open||High||Low||Volume|
|09 Mon May 2022||74.85||77.00||77.30||73.85||0.944 times|
|06 Fri May 2022||78.15||78.00||79.50||76.60||1.262 times|
|05 Thu May 2022||81.55||78.35||84.80||77.75||3.237 times|
|04 Wed May 2022||77.30||75.00||85.00||75.00||1.043 times|
|02 Mon May 2022||77.75||78.20||78.60||75.40||0.521 times|
|29 Fri Apr 2022||79.80||81.40||85.00||78.10||1.922 times|
|28 Thu Apr 2022||78.90||85.90||86.25||77.75||0.658 times|
|27 Wed Apr 2022||83.80||76.00||84.70||76.00||0.802 times|
|26 Tue Apr 2022||77.05||77.45||77.60||75.30||0.274 times|
|25 Mon Apr 2022||75.30||76.15||77.30||74.70||0.144 times|
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 74.8 as stoploss in an intra day buy trade for a target of 77.37. However, stock will show a bearish move below 74.8.
Share price targets for Indo Rama (IndoRama)
Intraday share price targets for Indo Rama (IndoRama)
|Downside Intraday Target||73.37|
|Downside Intraday Target||71.88|
|Upside Intraday Target||76.82|
|Upside Intraday Target||78.78|
|Upside Intraday Target||75.33|
Weekly technical analysis of Indo Rama (IndoRama)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|09 Mon May 2022||74.85||77.00||77.30||73.85||0.156 times|
|06 Fri May 2022||78.15||78.20||85.00||75.00||1.595 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|
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|
|09 Mon May 2022||74.85||78.20||85.00||73.85||0.907 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||24, 17, 17||Buy|
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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Indo Rama ( (IndoRama) ) based on a short to mid term time period is
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 Weak and stock is losing momentum.
MACD generated a SELL signal for Indo Rama in short term but the sell signal is initial and weak.
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 getting stronger in this stock.
Ichimoku cloud is of red color and prices are in or above the red 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 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 79.47 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.