(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 2022-11-29 View latest technical analysis
10 day averaged volume of Indo Rama is 6195
| Date | Daily Closing Price | Open | High | Low | Volume |
| 29 Tue Nov 2022 | 54.15 | 54.60 | 54.70 | 53.70 | 0.548 times |
| 28 Mon Nov 2022 | 53.90 | 52.15 | 54.30 | 52.15 | 1.271 times |
| 25 Fri Nov 2022 | 53.50 | 52.20 | 53.90 | 52.20 | 0.692 times |
| 24 Thu Nov 2022 | 52.70 | 52.75 | 54.35 | 52.50 | 1.644 times |
| 23 Wed Nov 2022 | 53.65 | 53.70 | 54.35 | 53.20 | 0.978 times |
| 22 Tue Nov 2022 | 53.95 | 53.00 | 54.95 | 52.50 | 1.446 times |
| 21 Mon Nov 2022 | 53.25 | 53.10 | 54.75 | 53.00 | 1.506 times |
| 18 Fri Nov 2022 | 54.00 | 54.60 | 54.95 | 53.85 | 0.813 times |
| 17 Thu Nov 2022 | 54.40 | 55.05 | 55.50 | 54.25 | 0.612 times |
| 16 Wed Nov 2022 | 54.90 | 55.00 | 56.00 | 54.10 | 0.572 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 53.5 as stoploss in an intra day buy trade for a target of 55.09. However, stock will show a bearish move below 53.5.
Share price targets for Indo Rama (IndoRama)
| Target Type | Value |
| Downside Target | 52.15 |
| Downside Target | 53.85 |
| Upside Target | 56.50 |
| Upside Target | 57.85 |
| Upside Target | 58.35 |
| 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 | 52.63 |
| Downside Intraday Target | 51.12 |
| Upside Intraday Target | 55.18 |
| Upside Intraday Target | 56.22 |
| Downside Intraday Target | 53.67 |
Weekly technical analysis of Indo Rama (IndoRama)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 29 Tue Nov 2022 | 54.15 | 52.15 | 54.70 | 52.15 | 0.29 times |
| 25 Fri Nov 2022 | 53.50 | 53.10 | 54.95 | 52.20 | 2.307 times |
| 18 Fri Nov 2022 | 54.00 | 55.05 | 56.05 | 53.85 | 0.508 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 |
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 |
| 29 Tue Nov 2022 | 54.15 | 59.70 | 61.10 | 52.15 | 0.89 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 | 12, 18, 19 | Sell |
| MACD | -2, -2 | Buy |
| Stochastics | 44 | None |
| CCI | 35 | Buy |
| RSI | 50 | Buy |
| OBV | -72721 | Sell |
| VWAP | 54 | Buy |
| ADL | 0 | Sell |
| ROC | -2 | Sell |
| Force Index | 0 | Sell |
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 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 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 losing momentum.
MACD generated a BUY signal for Indo Rama in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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 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 and BUY 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
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 53.67 and Indo Rama (IndoRama) stock is trading above this level. This is a good sign for the stock and it could move higher. 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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