Mobile app version of munafa.co.com
Login or Join
 Learn then Earn

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2022-05-24 View latest technical analysis

10 day averaged volume of Indo Rama is 146124

Date Daily Closing Price Open High Low Volume
24 Tue May 2022 65.75 68.25 69.15 64.75 0.128 times
23 Mon May 2022 68.55 69.00 70.15 67.65 0.233 times
20 Fri May 2022 69.15 66.10 69.40 66.10 0.137 times
19 Thu May 2022 67.50 69.50 69.50 66.40 0.341 times
18 Wed May 2022 69.55 71.55 73.55 68.80 0.553 times
17 Tue May 2022 71.45 70.55 72.65 69.40 0.518 times
16 Mon May 2022 70.05 68.65 71.55 68.65 0.596 times
13 Fri May 2022 68.95 67.90 71.65 67.90 0.703 times
12 Thu May 2022 66.65 66.00 68.30 64.60 1.281 times
11 Wed May 2022 67.70 70.20 73.30 65.55 3.474 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 67.9, but if it comes above 67.9, then a intra day buy could be more profitable.
If you take a sell trade below 67.9, then use 67.9 as stoploss and 61.4 as target. However if you take a buy trade in stock , then use 67.9 as stoploss and 73.28 as target.

Share price targets for Indo Rama (IndoRama)

Target Type Value
Downside Target 57.65
Downside Target 59.85
Downside Target 64.60
Upside Target 66.10
Upside Target 70.15
Upside Target 72.60
Upside Target 77.85
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 63.62
Downside Intraday Target 61.48
Upside Intraday Target 69.02
Upside Intraday Target 72.28
Upside Intraday Target 66.88

Weekly technical analysis of Indo Rama (IndoRama)

Date Weekly Closing Price Open High Low Volume
24 Tue May 2022 65.75 69.00 70.15 64.75 0.168 times
20 Fri May 2022 69.15 68.65 73.55 66.10 0.235 times
13 Fri May 2022 68.95 77.00 77.85 64.60 0.938 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

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
24 Tue May 2022 65.75 78.20 85.00 64.60 1.723 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, and volume has increased substantially. This means that the move can continue in coming months.

Indicators analysis of Indo Rama (IndoRama)

Indicator Name Indicator Value Indicator Signal
ADX 17, 25, 19 Sell
MACD -3, -2Sell
Stochastics 26Sell
CCI -122Sell
RSI 51Buy
OBV -518785Sell
VWAP 68Sell
ADL 0Sell
ROC -8Sell
Force Index 0Sell

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 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 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 and the sell signal is strong.

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 negative zone. This is the SELL 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 68.2 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 negative.

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

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

Daily chart

Daily analysis, news, Munafa stocks list in email:

Back to top | Use Dark Theme