(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 2024-12-19 View latest technical analysis
10 day averaged volume of Indo Rama is 13372
| Date | Daily Closing Price | Open | High | Low | Volume |
| 19 Thu Dec 2024 | 42.04 | 42.33 | 43.00 | 41.00 | 2.636 times |
| 18 Wed Dec 2024 | 43.19 | 42.70 | 44.02 | 42.61 | 0.75 times |
| 17 Tue Dec 2024 | 43.45 | 44.70 | 44.80 | 43.20 | 0.243 times |
| 16 Mon Dec 2024 | 44.13 | 44.90 | 44.95 | 43.84 | 0.295 times |
| 13 Fri Dec 2024 | 43.64 | 43.56 | 44.57 | 42.72 | 0.808 times |
| 12 Thu Dec 2024 | 44.16 | 45.05 | 45.05 | 43.99 | 0.205 times |
| 11 Wed Dec 2024 | 45.27 | 44.70 | 46.13 | 44.70 | 0.653 times |
| 10 Tue Dec 2024 | 46.16 | 44.30 | 46.47 | 44.30 | 2.215 times |
| 09 Mon Dec 2024 | 45.90 | 43.99 | 46.35 | 43.50 | 3.596 times |
| 06 Fri Dec 2024 | 43.68 | 43.83 | 43.88 | 43.00 | 0.415 times |
Stock of Indo Rama (IndoRama) has showed a significant fall. This could be a good time to exit from this stock.
My analysis of stock is bearish for shortterm, and stock might move down till 40.8 or till 38.5. Use a stoploss of 42.73 and if the stock hits stoploss, then it can shoot up till 44.63
Share price targets for Indo Rama (IndoRama)
| Target Type | Value |
| Downside Target | 37.63 |
| Downside Target | 38.54 |
| Downside Target | 39.90 |
| Downside Target | 41.00 |
| Upside Target | 42.49 |
| Upside Target | 44.95 |
| Upside Target | 46.47 |
| Upside Target | 46.55 |
| Upside Target | 50.32 |
| Upside Target | 51.00 |
| Upside Target | 59.45 |
Intraday share price targets for Indo Rama (IndoRama)
| Target Type | Value |
| Downside Intraday Target | 40.38 |
| Downside Intraday Target | 38.71 |
| Upside Intraday Target | 44.33 |
| Upside Intraday Target | 46.61 |
| Upside Intraday Target | 42.66 |
Weekly technical analysis of Indo Rama (IndoRama)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 19 Thu Dec 2024 | 42.04 | 44.90 | 44.95 | 41.00 | 0.525 times |
| 13 Fri Dec 2024 | 43.64 | 43.99 | 46.47 | 42.72 | 1.927 times |
| 06 Fri Dec 2024 | 43.68 | 41.50 | 44.00 | 41.45 | 1.307 times |
| 29 Fri Nov 2024 | 41.16 | 38.54 | 43.50 | 38.54 | 0.658 times |
| 22 Fri Nov 2024 | 39.15 | 39.75 | 39.90 | 37.63 | 1.065 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 |
| 19 Thu Dec 2024 | 42.04 | 41.50 | 46.47 | 41.00 | 0.697 times |
| 29 Fri Nov 2024 | 41.16 | 42.98 | 44.95 | 37.63 | 0.362 times |
| 31 Thu Oct 2024 | 42.18 | 49.98 | 50.32 | 38.57 | 0.331 times |
| 30 Mon Sep 2024 | 49.73 | 47.00 | 59.45 | 46.55 | 4.37 times |
Scroll below to view daily charts
Price has moved up 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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 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 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 44.52 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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 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 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 44.52 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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