(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 2023-02-01 View latest technical analysis
10 day averaged volume of Indo Rama is 6757
| Date | Daily Closing Price | Open | High | Low | Volume |
| 01 Wed Feb 2023 | 52.75 | 54.50 | 54.80 | 52.65 | 0.207 times |
| 31 Tue Jan 2023 | 54.00 | 53.15 | 54.65 | 52.75 | 0.871 times |
| 30 Mon Jan 2023 | 52.85 | 52.90 | 53.70 | 52.35 | 0.714 times |
| 27 Fri Jan 2023 | 53.15 | 54.95 | 54.95 | 52.90 | 0.631 times |
| 25 Wed Jan 2023 | 54.25 | 55.30 | 55.30 | 53.15 | 0.656 times |
| 24 Tue Jan 2023 | 54.45 | 54.70 | 55.10 | 54.10 | 0.89 times |
| 23 Mon Jan 2023 | 54.90 | 55.75 | 55.75 | 54.60 | 0.328 times |
| 20 Fri Jan 2023 | 54.95 | 56.50 | 56.50 | 54.80 | 0.651 times |
| 19 Thu Jan 2023 | 56.20 | 56.65 | 56.65 | 55.10 | 0.36 times |
| 18 Wed Jan 2023 | 56.90 | 56.45 | 58.55 | 56.25 | 2.993 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 54, but if it comes above 54, then a intra day buy could be more profitable.
If you take a sell trade below 54, then use 54 as stoploss and 51.5 as target. However if you take a buy trade in stock , then use 54 as stoploss and 56.16 as target.
Share price targets for Indo Rama (IndoRama)
| Target Type | Value |
| Downside Target | 52.15 |
| Upside Target | 56.10 |
| Upside Target | 57.05 |
| Upside Target | 58.55 |
| Upside Target | 58.95 |
| Upside Target | 61.10 |
| Upside Target | 61.40 |
| Upside Target | 63.00 |
| Upside Target | 68.90 |
Intraday share price targets for Indo Rama (IndoRama)
| Target Type | Value |
| Downside Intraday Target | 51.8 |
| Downside Intraday Target | 50.85 |
| Upside Intraday Target | 54.25 |
| Upside Intraday Target | 55.75 |
| Upside Intraday Target | 53.3 |
Weekly technical analysis of Indo Rama (IndoRama)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 01 Wed Feb 2023 | 52.75 | 52.90 | 54.80 | 52.35 | 0.715 times |
| 27 Fri Jan 2023 | 53.15 | 55.75 | 55.75 | 52.90 | 0.358 times |
| 20 Fri Jan 2023 | 54.95 | 57.90 | 58.55 | 54.80 | 1.589 times |
| 13 Fri Jan 2023 | 56.55 | 58.85 | 58.95 | 56.10 | 0.766 times |
| 06 Fri Jan 2023 | 57.85 | 60.25 | 61.40 | 57.05 | 0.398 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 |
| 01 Wed Feb 2023 | 52.75 | 54.50 | 54.80 | 52.65 | 0.01 times |
| 31 Tue Jan 2023 | 54.00 | 60.25 | 61.40 | 52.35 | 0.222 times |
| 30 Fri Dec 2022 | 59.50 | 54.65 | 68.90 | 53.85 | 3.596 times |
| 30 Wed Nov 2022 | 54.35 | 59.70 | 61.10 | 52.15 | 0.922 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 | 15, 22, 21 | Sell |
| MACD | -2, -2 | Sell |
| Stochastics | 14 | Sell |
| CCI | -79 | Sell |
| RSI | 59 | Buy |
| OBV | -42623 | Sell |
| VWAP | 55 | Sell |
| ADL | 0 | Sell |
| ROC | -6 | 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
ADX buy sell signal for Indo Rama stock for short term is SELL. Signal strength is Strong 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 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
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 55.12 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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