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(Indovation) Indovation complete technical analysis [charts+indicators] | Buy/Sell Indovation | (Indovation) share price targets

Complete technical analysis of Indovation (Indovation) by charts plus indicators, forecast predictions and share price targets for Indovation (Indovation)

10 day averaged volume of Indovation is 35575

Date Daily Closing Price Open High Low Volume
23 Thu Mar 2023 41.02 39.90 41.02 39.90 0.916 times
22 Wed Mar 2023 39.07 36.21 39.07 36.21 0.887 times
21 Tue Mar 2023 37.21 35.92 39.48 35.92 1.894 times
20 Mon Mar 2023 37.81 37.85 37.85 37.81 0.324 times
17 Fri Mar 2023 39.80 39.80 41.70 39.80 1.034 times
16 Thu Mar 2023 41.89 41.89 44.10 41.89 1.146 times
15 Wed Mar 2023 44.09 44.09 44.09 44.09 0.05 times
14 Tue Mar 2023 46.41 46.41 46.41 46.41 0.038 times
13 Mon Mar 2023 48.85 48.85 48.85 48.85 0.03 times
10 Fri Mar 2023 51.42 51.42 53.99 51.42 1.115 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 40.7 as stoploss in an intra day buy trade for a target of 52.8. However, stock will show a bearish move below 40.7.

Share price targets for Indovation (Indovation)

Target Type Value
Downside Target 21.00
Downside Target 23.20
Downside Target 24.55
Downside Target 27.10
Downside Target 28.90
Downside Target 35.92
Downside Target 39.05
Downside Target 41.02
Upside Target 48.85
Upside Target 54.26
Upside Target 57.11
Upside Target 63.27
Upside Target 70.10
Upside Target 72.40
Upside Target 85.70

Intraday share price targets for Indovation (Indovation)

Target Type Value
Downside Intraday Target 37.62
Downside Intraday Target 34.22
Upside Intraday Target 42.72
Upside Intraday Target 44.42
Downside Intraday Target 39.32

Weekly technical analysis of Indovation (Indovation)

Date Weekly Closing Price Open High Low Volume
23 Thu Mar 2023 41.02 37.85 41.02 35.92 1.749 times
17 Fri Mar 2023 39.80 48.85 48.85 39.80 0.393 times
10 Fri Mar 2023 51.42 54.26 54.26 48.98 24.229 times
03 Fri Mar 2023 57.11 70.10 70.10 57.11 0.032 times
24 Fri Feb 2023 73.75 72.40 85.70 72.40 0.819 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 Indovation (Indovation)

Date Monthly Closing Price Open High Low Volume
23 Thu Mar 2023 41.02 63.27 63.27 35.92 0.334 times
28 Tue Feb 2023 66.60 41.10 85.70 39.05 1.233 times
31 Tue Jan 2023 39.15 25.55 39.15 23.20 4.666 times
30 Fri Dec 2022 24.60 25.35 27.10 21.00 0.99 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 Indovation (Indovation)

Indicator Name Indicator Value Indicator Signal
ADX 20, 53, 46 Sell
MACD -5, -3Sell
Stochastics 18Sell
CCI -37Buy
RSI 54Buy
OBV -148079Sell
VWAP 41Sell
ADL 0Sell
ROC -24Sell
Force Index 0Sell

Price action analysis of Indovation ( (Indovation) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Indovation ( (Indovation) ) 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 Indovation ( (Indovation) ) 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 Indovation ( (Indovation) ) 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 Indovation stock for short term is SELL. Signal strength is Strong and stock is losing momentum.

MACD generated a SELL signal for Indovation in short term and the sell signal is strong.

Indovation Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up

CCI has generated a buy signal for Indovation 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 positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying might be slowing down

Stock of Indovation is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 41.28 and Indovation (Indovation) 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 Indovation (Indovation) stock. Volume based technical analysis of Indovation (Indovation) stock is negative.

Indovation 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.

Click here for Indovation charts

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Daily charts

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Daily chart

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