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(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.

Click here for Indo Rama charts

Click here for further forecast and predictions for tomorrow

Daily charts

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