logo munafa.co.com

NEWS Gainers Losers
 Learn then Earn

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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)

10 day averaged volume of Indo Rama is 35444

Date Daily Closing Price Open High Low Volume
28 Wed Jul 2021 52.00 53.90 53.90 51.50 0.257 times
26 Mon Jul 2021 54.95 54.15 55.85 50.80 0.527 times
23 Fri Jul 2021 53.20 52.60 57.20 52.05 0.979 times
22 Thu Jul 2021 54.75 55.95 55.95 54.75 2.767 times
20 Tue Jul 2021 57.60 61.65 61.65 57.00 0.574 times
19 Mon Jul 2021 59.85 60.00 62.45 58.25 0.938 times
16 Fri Jul 2021 60.25 58.90 60.95 57.60 0.675 times
15 Thu Jul 2021 59.00 61.35 61.35 58.80 1.448 times
14 Wed Jul 2021 58.45 56.80 58.45 56.80 1.002 times
13 Tue Jul 2021 55.70 56.80 56.80 54.80 0.536 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 51.8 as stoploss in an intra day buy trade for a target of 54.92. However, stock will show a bearish move below 51.8.

Share price targets for Indo Rama (IndoRama)

Target Type Value
Downside Target 32.65
Downside Target 34.30
Downside Target 36.50
Downside Target 39.75
Downside Target 41.70
Downside Target 47.70
Downside Target 50.80
Upside Target 52.05
Upside Target 53.55
Upside Target 55.85
Upside Target 57.60
Upside Target 61.35
Upside Target 62.45
Upside Target 62.65

Intraday share price targets for Indo Rama (IndoRama)

Target Type Value
Downside Intraday Target 49.92
Downside Intraday Target 47.83
Upside Intraday Target 54.97
Upside Intraday Target 57.93
Upside Intraday Target 52.88

Weekly technical analysis of Indo Rama (IndoRama)

Date Weekly Closing Price Open High Low Volume
28 Wed Jul 2021 52.00 54.15 55.85 50.80 0.149 times
23 Fri Jul 2021 53.20 60.00 62.45 52.05 1.247 times
16 Fri Jul 2021 60.25 53.55 61.35 53.55 0.859 times
09 Fri Jul 2021 53.55 54.50 57.60 52.15 1.449 times
02 Fri Jul 2021 52.30 51.60 52.40 48.10 1.59 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
28 Wed Jul 2021 52.00 48.10 62.45 48.10 1.199 times
30 Wed Jun 2021 48.70 49.95 58.10 47.70 0.35 times
31 Mon May 2021 49.15 36.75 62.65 36.50 13.042 times
30 Fri Apr 2021 37.50 37.65 39.75 34.30 0.382 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)

Indicator Name Indicator Value Indicator Signal
ADX 16, 24, 19 Sell
MACD 2, 3Sell
Stochastics 19Sell
CCI -116Sell
RSI 52Buy
OBV 108416Sell
VWAP 57Sell
ADL 0Sell
ROC -6Sell
Force Index 0Sell

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 sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 SELL. Signal strength is Weak and stock is losing 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 in or above 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 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 56.64 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 positive

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

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

Daily chart
 Learn then Earn
Back to top | Use Dark Theme