(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 2024-05-16 View latest technical analysis
10 day averaged volume of Indo Rama is 12906
| Date | Daily Closing Price | Open | High | Low | Volume |
| 16 Thu May 2024 | 43.42 | 41.76 | 44.26 | 41.76 | 0.392 times |
| 15 Wed May 2024 | 42.61 | 42.19 | 43.35 | 42.19 | 0.079 times |
| 14 Tue May 2024 | 42.59 | 41.10 | 43.05 | 41.10 | 0.153 times |
| 13 Mon May 2024 | 41.59 | 41.07 | 43.75 | 41.00 | 4.961 times |
| 10 Fri May 2024 | 41.87 | 41.00 | 42.25 | 41.00 | 0.332 times |
| 09 Thu May 2024 | 41.39 | 42.98 | 43.64 | 41.10 | 0.699 times |
| 08 Wed May 2024 | 42.92 | 42.00 | 43.50 | 42.00 | 0.779 times |
| 07 Tue May 2024 | 42.49 | 43.00 | 43.24 | 42.15 | 0.156 times |
| 06 Mon May 2024 | 43.02 | 44.01 | 44.09 | 43.00 | 0.559 times |
| 03 Fri May 2024 | 44.51 | 45.43 | 45.43 | 44.15 | 0.611 times |
My analysis of stock is bearish for shortterm, and stock might move down till 42.4 or till 40.8. Use a stoploss of 43.83 and if the stock hits stoploss, then it can shoot up till 45.22
Share price targets for Indo Rama (IndoRama)
| Target Type | Value |
| Downside Target | 37.50 |
| Downside Target | 39.50 |
| Downside Target | 41.00 |
| Downside Target | 42.64 |
| Upside Target | 44.09 |
| Upside Target | 45.70 |
| Upside Target | 46.90 |
| Upside Target | 47.39 |
| Upside Target | 49.55 |
| Upside Target | 51.60 |
| Upside Target | 52.83 |
| Upside Target | 66.00 |
| Upside Target | 67.03 |
Intraday share price targets for Indo Rama (IndoRama)
| Target Type | Value |
| Downside Intraday Target | 41.53 |
| Downside Intraday Target | 39.63 |
| Upside Intraday Target | 44.79 |
| Upside Intraday Target | 46.15 |
| Downside Intraday Target | 42.89 |
Weekly technical analysis of Indo Rama (IndoRama)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 16 Thu May 2024 | 43.42 | 41.07 | 44.26 | 41.00 | 2.212 times |
| 10 Fri May 2024 | 41.87 | 44.01 | 44.09 | 41.00 | 0.638 times |
| 03 Fri May 2024 | 44.51 | 46.29 | 46.29 | 44.15 | 0.717 times |
| 26 Fri Apr 2024 | 45.38 | 45.02 | 46.55 | 44.58 | 0.437 times |
| 19 Fri Apr 2024 | 44.14 | 43.00 | 46.90 | 42.64 | 1.053 times |
Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Indo Rama (IndoRama)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 16 Thu May 2024 | 43.42 | 45.50 | 45.70 | 41.00 | 0.207 times |
| 30 Tue Apr 2024 | 45.42 | 39.71 | 47.39 | 39.50 | 0.679 times |
| 28 Thu Mar 2024 | 38.93 | 52.83 | 52.83 | 37.50 | 0.796 times |
| 29 Thu Feb 2024 | 51.79 | 66.00 | 66.00 | 49.55 | 0.875 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Indo Rama ( (IndoRama) ) based on a short term time period is neutral. A longer time frame might give a better analysis.
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 BUY. Signal strength is Weak and stock is gaining 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 in or above 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 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 42.12 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 positive
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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Indo Rama ( (IndoRama) ) based on a short term time period is neutral. A longer time frame might give a better analysis.
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 BUY. Signal strength is Weak and stock is gaining 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 in or above 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 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 42.12 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
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