(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 2022-05-11 View latest technical analysis
10 day averaged volume of Indo Rama is 281934
| Date | Daily Closing Price | Open | High | Low | Volume |
| 11 Wed May 2022 | 67.70 | 70.20 | 73.30 | 65.55 | 1.8 times |
| 10 Tue May 2022 | 71.20 | 77.85 | 77.85 | 70.20 | 1.122 times |
| 09 Mon May 2022 | 74.85 | 77.00 | 77.30 | 73.85 | 0.786 times |
| 06 Fri May 2022 | 78.15 | 78.00 | 79.50 | 76.60 | 1.051 times |
| 05 Thu May 2022 | 81.55 | 78.35 | 84.80 | 77.75 | 2.695 times |
| 04 Wed May 2022 | 77.30 | 75.00 | 85.00 | 75.00 | 0.868 times |
| 02 Mon May 2022 | 77.75 | 78.20 | 78.60 | 75.40 | 0.433 times |
| 29 Fri Apr 2022 | 79.80 | 81.40 | 85.00 | 78.10 | 1.6 times |
| 28 Thu Apr 2022 | 78.90 | 85.90 | 86.25 | 77.75 | 0.548 times |
| 27 Wed Apr 2022 | 83.80 | 76.00 | 84.70 | 76.00 | 0.667 times |
Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 69.3, for a target of 73.4 or 76.81
Share price targets for Indo Rama (IndoRama)
| Target Type | Value |
| Downside Target | 57.65 |
| Downside Target | 59.85 |
| Downside Target | 65.55 |
| Upside Target | 71.00 |
| Upside Target | 72.60 |
| Upside Target | 77.85 |
| Upside Target | 80.30 |
| 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 | 62.88 |
| Downside Intraday Target | 58.07 |
| Upside Intraday Target | 75.18 |
| Upside Intraday Target | 82.67 |
| Upside Intraday Target | 70.37 |
Weekly technical analysis of Indo Rama (IndoRama)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 11 Wed May 2022 | 67.70 | 77.00 | 77.85 | 65.55 | 0.735 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 |
| 11 Wed May 2022 | 67.70 | 78.20 | 85.00 | 65.55 | 1.361 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 | 18, 26, 18 | Sell |
| MACD | 1, 3 | Sell |
| Stochastics | 8 | Sell |
| CCI | -182 | Sell |
| RSI | 51 | Buy |
| OBV | -402550 | Sell |
| VWAP | 77 | Sell |
| ADL | 0 | Sell |
| ROC | -12 | Sell |
| 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 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 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 SELL. Signal strength is Weak and stock is gaining momentum.
MACD generated a SELL signal for Indo Rama in short term but the sell signal is initial and weak.
Indo Rama Stock is trading near its recent LOWS in short term which reflects strong selling momentum. 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 76.93 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.
Click here for Indo Rama charts
Click here for further forecast and predictions for tomorrow