(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 2024-02-27 View latest technical analysis
10 day averaged volume of Indo Rama is 52599
| Date | Daily Closing Price | Open | High | Low | Volume |
| 27 Tue Feb 2024 | 52.47 | 53.94 | 53.94 | 52.31 | 0.411 times |
| 26 Mon Feb 2024 | 53.60 | 55.42 | 55.72 | 52.66 | 0.548 times |
| 23 Fri Feb 2024 | 54.34 | 52.50 | 55.07 | 52.15 | 2.095 times |
| 22 Thu Feb 2024 | 52.39 | 52.62 | 52.86 | 52.00 | 0.311 times |
| 21 Wed Feb 2024 | 52.47 | 52.85 | 54.80 | 52.28 | 0.534 times |
| 20 Tue Feb 2024 | 52.22 | 52.55 | 52.95 | 51.95 | 0.952 times |
| 19 Mon Feb 2024 | 52.43 | 53.00 | 53.48 | 52.00 | 0.532 times |
| 16 Fri Feb 2024 | 52.86 | 50.70 | 54.60 | 50.45 | 0.647 times |
| 15 Thu Feb 2024 | 50.36 | 50.99 | 51.60 | 50.05 | 1.436 times |
| 14 Wed Feb 2024 | 50.23 | 52.09 | 52.09 | 49.85 | 1.103 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 51.1 as stoploss in an intra day buy trade for a target of 56.07. However, stock will show a bearish move below 51.1.
Share price targets for Indo Rama (IndoRama)
| Target Type | Value |
| Downside Target | 47.70 |
| Downside Target | 48.84 |
| Downside Target | 51.60 |
| Upside Target | 54.60 |
| Upside Target | 55.72 |
| Upside Target | 56.61 |
| Upside Target | 59.00 |
| Upside Target | 60.32 |
| Upside Target | 65.60 |
| Upside Target | 66.00 |
| Upside Target | 67.03 |
Intraday share price targets for Indo Rama (IndoRama)
| Target Type | Value |
| Downside Intraday Target | 51.28 |
| Downside Intraday Target | 50.09 |
| Upside Intraday Target | 54.69 |
| Upside Intraday Target | 56.91 |
| Upside Intraday Target | 53.5 |
Weekly technical analysis of Indo Rama (IndoRama)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 27 Tue Feb 2024 | 52.47 | 55.42 | 55.72 | 52.31 | 0.217 times |
| 23 Fri Feb 2024 | 54.34 | 53.00 | 55.07 | 51.95 | 0.756 times |
| 16 Fri Feb 2024 | 52.86 | 56.50 | 56.61 | 49.55 | 0.828 times |
| 09 Fri Feb 2024 | 56.21 | 63.62 | 65.60 | 55.00 | 0.456 times |
| 02 Fri Feb 2024 | 62.25 | 56.39 | 67.03 | 54.94 | 10.161 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 |
| 27 Tue Feb 2024 | 52.47 | 66.00 | 66.00 | 49.55 | 0.83 times |
| 31 Wed Jan 2024 | 64.60 | 52.21 | 67.03 | 51.60 | 2.032 times |
| 29 Fri Dec 2023 | 52.05 | 50.86 | 54.60 | 48.84 | 1.615 times |
| 30 Thu Nov 2023 | 50.15 | 55.80 | 59.00 | 50.10 | 0.959 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)
Price action analysis of Indo Rama ( (IndoRama) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Indo Rama ( (IndoRama) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls 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 but SELL signal is weak.
RSI is generating a BUY signal in short term and the buying is gaining 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 52.35 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 rising upwards.
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 is giving positive 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.
Price action analysis of Indo Rama ( (IndoRama) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Indo Rama ( (IndoRama) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls 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 but SELL signal is weak.
RSI is generating a BUY signal in short term and the buying is gaining 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 52.35 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 rising upwards.
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 is giving positive 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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