(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 2024-08-06 View latest technical analysis
10 day averaged volume of Indo Rama is 58719
| Date | Daily Closing Price | Open | High | Low | Volume |
| 06 Tue Aug 2024 | 45.03 | 44.00 | 47.55 | 44.00 | 0.959 times |
| 05 Mon Aug 2024 | 44.61 | 45.65 | 46.59 | 44.32 | 0.977 times |
| 02 Fri Aug 2024 | 46.94 | 47.01 | 48.15 | 46.74 | 0.492 times |
| 01 Thu Aug 2024 | 48.23 | 50.40 | 50.40 | 47.68 | 0.209 times |
| 31 Wed Jul 2024 | 49.41 | 48.01 | 50.95 | 48.01 | 1.29 times |
| 30 Tue Jul 2024 | 48.80 | 47.60 | 50.13 | 47.60 | 0.848 times |
| 29 Mon Jul 2024 | 47.88 | 48.99 | 49.52 | 47.55 | 1.526 times |
| 26 Fri Jul 2024 | 48.69 | 44.80 | 51.80 | 44.80 | 3.492 times |
| 25 Thu Jul 2024 | 45.35 | 45.62 | 46.80 | 44.66 | 0.599 times |
| 24 Wed Jul 2024 | 45.11 | 44.20 | 45.77 | 44.20 | 0.289 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 44.6 as stoploss in an intra day buy trade for a target of 46.23. However, stock will show a bearish move below 44.6.
Share price targets for Indo Rama (IndoRama)
| Target Type | Value |
| Downside Target | 38.00 |
| Downside Target | 39.50 |
| Downside Target | 43.05 |
| Downside Target | 45.00 |
| Upside Target | 46.74 |
| Upside Target | 47.55 |
| Upside Target | 47.70 |
| Upside Target | 48.70 |
| Upside Target | 50.40 |
| Upside Target | 50.95 |
| Upside Target | 51.80 |
Intraday share price targets for Indo Rama (IndoRama)
| Target Type | Value |
| Downside Intraday Target | 43.5 |
| Downside Intraday Target | 41.98 |
| Upside Intraday Target | 47.05 |
| Upside Intraday Target | 49.08 |
| Upside Intraday Target | 45.53 |
Weekly technical analysis of Indo Rama (IndoRama)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 06 Tue Aug 2024 | 45.03 | 45.65 | 47.55 | 44.00 | 0.443 times |
| 02 Fri Aug 2024 | 46.94 | 48.99 | 50.95 | 46.74 | 0.829 times |
| 26 Fri Jul 2024 | 48.69 | 44.00 | 51.80 | 43.42 | 3.168 times |
| 19 Fri Jul 2024 | 43.47 | 47.00 | 47.70 | 43.05 | 0.868 times |
| 12 Fri Jul 2024 | 45.75 | 46.50 | 48.70 | 45.00 | 0.437 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 |
| 06 Tue Aug 2024 | 45.03 | 50.40 | 50.40 | 44.00 | 0.156 times |
| 31 Wed Jul 2024 | 49.41 | 45.03 | 51.80 | 43.05 | 2.643 times |
| 28 Fri Jun 2024 | 44.88 | 43.80 | 47.45 | 38.00 | 1.582 times |
| 31 Fri May 2024 | 40.34 | 45.50 | 45.70 | 40.10 | 0.366 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 neutral. A longer time frame might give a better analysis.
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 gaining momentum.
MACD generated a SELL signal for Indo Rama in short term but the sell signal is initial and weak.
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 green color and prices are in or below the green cloud Prices appear to be moving up
CCI has generated a buy signal for Indo Rama in short term but BUY signal is weak.
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 47.59 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 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 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 neutral. A longer time frame might give a better analysis.
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 gaining momentum.
MACD generated a SELL signal for Indo Rama in short term but the sell signal is initial and weak.
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 green color and prices are in or below the green cloud Prices appear to be moving up
CCI has generated a buy signal for Indo Rama in short term but BUY signal is weak.
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 47.59 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 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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