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 2022-11-14 View latest technical analysis

10 day averaged volume of Indo Rama is 12598

Date Daily Closing Price Open High Low Volume
14 Mon Nov 2022 55.20 55.05 56.05 55.05 0.124 times
11 Fri Nov 2022 55.40 55.65 56.30 55.30 0.519 times
10 Thu Nov 2022 55.85 55.25 56.15 55.10 0.579 times
09 Wed Nov 2022 56.05 57.00 57.00 55.65 0.783 times
07 Mon Nov 2022 56.60 55.10 57.85 55.10 0.748 times
04 Fri Nov 2022 56.20 56.45 56.75 55.35 0.937 times
03 Thu Nov 2022 56.70 55.15 57.00 55.15 0.575 times
02 Wed Nov 2022 56.35 56.50 57.00 55.00 3.972 times
01 Tue Nov 2022 60.10 59.70 61.10 59.40 0.382 times
31 Mon Oct 2022 59.10 59.05 61.65 58.35 0.732 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 56.1, but if it comes above 56.1, then a intra day buy could be more profitable.
If you take a sell trade below 56.1, then use 56.1 as stoploss and 54.3 as target. However if you take a buy trade in stock , then use 56.1 as stoploss and 57.63 as target.

Share price targets for Indo Rama (IndoRama)

Target Type Value
Downside Target 55.00
Upside Target 58.35
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 54.82
Downside Intraday Target 54.43
Upside Intraday Target 55.82
Upside Intraday Target 56.43
Upside Intraday Target 55.43

Weekly technical analysis of Indo Rama (IndoRama)

Date Weekly Closing Price Open High Low Volume
14 Mon Nov 2022 55.20 55.05 56.05 55.05 0.047 times
11 Fri Nov 2022 55.40 55.10 57.85 55.10 0.399 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

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
14 Mon Nov 2022 55.20 59.70 61.10 55.00 0.556 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 16, 17, 4 Sell
MACD -2, -1Sell
Stochastics 7Sell
CCI -72Sell
RSI 47Sell
OBV -14340Sell
VWAP 57Sell
ADL 0Sell
ROC -6Sell
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 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 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 below 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 SELL signal in short term but selling is losing 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 56.62 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