(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, -2 | Sell |
| Stochastics | 26 | Sell |
| CCI | -122 | Sell |
| RSI | 51 | Buy |
| OBV | -518785 | Sell |
| VWAP | 68 | Sell |
| ADL | 0 | Sell |
| ROC | -8 | 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 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.
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