(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 2024-03-13 View latest technical analysis
10 day averaged volume of Indo Rama is 39916
| Date | Daily Closing Price | Open | High | Low | Volume |
| 13 Wed Mar 2024 | 40.07 | 44.55 | 44.93 | 39.90 | 0.921 times |
| 12 Tue Mar 2024 | 43.93 | 46.65 | 46.65 | 43.60 | 1.719 times |
| 11 Mon Mar 2024 | 46.54 | 50.03 | 50.03 | 46.40 | 0.254 times |
| 07 Thu Mar 2024 | 49.06 | 48.00 | 49.65 | 47.60 | 1.365 times |
| 06 Wed Mar 2024 | 48.17 | 48.95 | 49.00 | 46.45 | 1.698 times |
| 05 Tue Mar 2024 | 49.38 | 50.04 | 50.81 | 48.95 | 1.629 times |
| 04 Mon Mar 2024 | 50.07 | 51.19 | 51.19 | 49.60 | 0.796 times |
| 02 Sat Mar 2024 | 50.46 | 52.01 | 52.01 | 49.45 | 0.612 times |
| 01 Fri Mar 2024 | 52.02 | 52.83 | 52.83 | 51.00 | 0.393 times |
| 29 Thu Feb 2024 | 51.79 | 50.98 | 52.30 | 50.63 | 0.587 times |
Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 42.9, for a target of 46.9 or 50.28
Share price targets for Indo Rama (IndoRama)
| Target Type | Value |
| Downside Target | 39.90 |
| Upside Target | 46.45 |
| Upside Target | 48.84 |
| Upside Target | 51.19 |
| Upside Target | 52.83 |
| Upside Target | 54.60 |
| Upside Target | 55.07 |
| Upside Target | 55.72 |
| Upside Target | 56.61 |
| Upside Target | 59.00 |
| Upside Target | 66.00 |
| Upside Target | 67.03 |
Intraday share price targets for Indo Rama (IndoRama)
| Target Type | Value |
| Downside Intraday Target | 36.64 |
| Downside Intraday Target | 33.2 |
| Upside Intraday Target | 46.77 |
| Upside Intraday Target | 53.46 |
| Upside Intraday Target | 43.33 |
Weekly technical analysis of Indo Rama (IndoRama)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 13 Wed Mar 2024 | 40.07 | 50.03 | 50.03 | 39.90 | 0.527 times |
| 07 Thu Mar 2024 | 49.06 | 51.19 | 51.19 | 46.45 | 1.443 times |
| 02 Sat Mar 2024 | 50.46 | 55.42 | 55.72 | 49.45 | 0.652 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 |
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 |
| 13 Wed Mar 2024 | 40.07 | 52.83 | 52.83 | 39.90 | 0.313 times |
| 29 Thu Feb 2024 | 51.79 | 66.00 | 66.00 | 49.55 | 0.875 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 |
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 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 Strong 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 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 47.63 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.
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 Strong 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 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 47.63 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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