(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 2022-11-07 View latest technical analysis
10 day averaged volume of Indo Rama is 12191
|Date||Daily Closing Price||Open||High||Low||Volume|
|07 Mon Nov 2022||56.60||55.10||57.85||55.10||0.773 times|
|04 Fri Nov 2022||56.20||56.45||56.75||55.35||0.968 times|
|03 Thu Nov 2022||56.70||55.15||57.00||55.15||0.594 times|
|02 Wed Nov 2022||56.35||56.50||57.00||55.00||4.104 times|
|01 Tue Nov 2022||60.10||59.70||61.10||59.40||0.395 times|
|31 Mon Oct 2022||59.10||59.05||61.65||58.35||0.757 times|
|28 Fri Oct 2022||58.50||57.30||59.25||57.30||0.798 times|
|27 Thu Oct 2022||58.45||57.85||58.70||57.25||0.341 times|
|25 Tue Oct 2022||57.55||59.40||60.15||57.10||0.17 times|
|24 Mon Oct 2022||58.95||60.90||60.90||56.95||0.522 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, but if it comes above 57, then a intra day buy could be more profitable.
If you take a sell trade below 57, then use 57 as stoploss and 55.6 as target. However if you take a buy trade in stock , then use 57 as stoploss and 58.12 as target.
Share price targets for Indo Rama (IndoRama)
Intraday share price targets for Indo Rama (IndoRama)
|Downside Intraday Target||55.18|
|Downside Intraday Target||53.77|
|Upside Intraday Target||57.93|
|Upside Intraday Target||59.27|
|Downside Intraday Target||56.52|
Weekly technical analysis of Indo Rama (IndoRama)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|07 Mon Nov 2022||56.60||55.10||57.85||55.10||0.113 times|
|04 Fri Nov 2022||56.20||59.05||61.65||55.00||3.724 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|
Price has moved up 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|
|07 Mon Nov 2022||56.60||59.70||61.10||55.00||0.427 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||19, 17, 5||Buy|
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 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 to mid 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 mid to longer 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.
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 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 weakening, and bulls are picking up momentum!
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 negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling 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 57.18 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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