(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 2022-11-03 View latest technical analysis
10 day averaged volume of Indo Rama is 12816
| Date | Daily Closing Price | Open | High | Low | Volume |
| 03 Thu Nov 2022 | 56.70 | 55.15 | 57.00 | 55.15 | 0.565 times |
| 02 Wed Nov 2022 | 56.35 | 56.50 | 57.00 | 55.00 | 3.904 times |
| 01 Tue Nov 2022 | 60.10 | 59.70 | 61.10 | 59.40 | 0.376 times |
| 31 Mon Oct 2022 | 59.10 | 59.05 | 61.65 | 58.35 | 0.72 times |
| 28 Fri Oct 2022 | 58.50 | 57.30 | 59.25 | 57.30 | 0.759 times |
| 27 Thu Oct 2022 | 58.45 | 57.85 | 58.70 | 57.25 | 0.324 times |
| 25 Tue Oct 2022 | 57.55 | 59.40 | 60.15 | 57.10 | 0.162 times |
| 24 Mon Oct 2022 | 58.95 | 60.90 | 60.90 | 56.95 | 0.497 times |
| 21 Fri Oct 2022 | 58.00 | 58.75 | 60.00 | 57.10 | 1.285 times |
| 20 Thu Oct 2022 | 58.90 | 58.25 | 59.85 | 58.10 | 0.688 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 57.3, but if it comes above 57.3, then a intra day buy could be more profitable.
If you take a sell trade below 57.3, then use 57.3 as stoploss and 56.1 as target. However if you take a buy trade in stock , then use 57.3 as stoploss and 58.29 as target.
Share price targets for Indo Rama (IndoRama)
| Target Type | Value |
| Downside Target | 55.00 |
| Upside Target | 58.35 |
| Upside Target | 59.70 |
| Upside Target | 60.90 |
| Upside Target | 61.10 |
| Upside Target | 61.65 |
| Upside Target | 63.00 |
| Upside Target | 64.00 |
| Upside Target | 64.70 |
| Upside Target | 69.70 |
Intraday share price targets for Indo Rama (IndoRama)
| Target Type | Value |
| Downside Intraday Target | 53.92 |
| Downside Intraday Target | 51.13 |
| Upside Intraday Target | 60.57 |
| Upside Intraday Target | 64.43 |
| Upside Intraday Target | 57.78 |
Weekly technical analysis of Indo Rama (IndoRama)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 03 Thu Nov 2022 | 56.70 | 59.05 | 61.65 | 55.00 | 3.195 times |
| 28 Fri Oct 2022 | 58.50 | 60.90 | 60.90 | 56.95 | 0.202 times |
| 21 Fri Oct 2022 | 58.00 | 56.05 | 63.00 | 56.05 | 3.487 times |
| 14 Fri Oct 2022 | 57.20 | 57.65 | 59.70 | 57.00 | 1.472 times |
| 07 Fri Oct 2022 | 57.70 | 57.30 | 60.00 | 55.50 | 0.66 times |
Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Indo Rama (IndoRama)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 03 Thu Nov 2022 | 56.70 | 59.70 | 61.10 | 55.00 | 0.318 times |
| 31 Mon Oct 2022 | 59.10 | 57.30 | 63.00 | 55.50 | 0.802 times |
| 30 Fri Sep 2022 | 56.80 | 62.25 | 64.70 | 55.55 | 0.667 times |
| 30 Tue Aug 2022 | 62.55 | 63.15 | 64.00 | 56.50 | 1.439 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 | 17, 20, 8 | Sell |
| MACD | -1, -1 | Sell |
| Stochastics | 34 | None |
| CCI | -151 | Buy |
| RSI | 40 | Sell |
| OBV | 14518 | Sell |
| VWAP | 58 | Sell |
| ADL | 0 | Sell |
| ROC | -4 | Sell |
| Force Index | 0 | Sell |
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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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
ADX buy sell signal for Indo Rama stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Indo Rama in short term and the sell signal is strong.
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 below the red cloud Prices appear to be moving up
CCI has generated a buy signal for Indo Rama in short term but BUY signal is weak.
RSI is generating a SELL signal in short term and selling is picking up momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 57.56 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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