(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 2024-06-07 View latest technical analysis
10 day averaged volume of Indo Rama is 12507
| Date | Daily Closing Price | Open | High | Low | Volume |
| 07 Fri Jun 2024 | 41.83 | 40.50 | 42.29 | 40.50 | 0.801 times |
| 06 Thu Jun 2024 | 40.75 | 40.25 | 41.90 | 40.25 | 1.068 times |
| 05 Wed Jun 2024 | 40.25 | 39.57 | 40.29 | 38.99 | 0.67 times |
| 04 Tue Jun 2024 | 38.79 | 41.45 | 41.45 | 38.00 | 3.323 times |
| 03 Mon Jun 2024 | 40.31 | 43.80 | 43.80 | 40.03 | 1.678 times |
| 31 Fri May 2024 | 40.34 | 41.21 | 41.21 | 40.10 | 0.439 times |
| 30 Thu May 2024 | 40.82 | 41.00 | 41.39 | 40.57 | 0.133 times |
| 29 Wed May 2024 | 41.40 | 42.95 | 42.95 | 41.21 | 0.261 times |
| 28 Tue May 2024 | 41.31 | 40.72 | 42.00 | 40.72 | 0.24 times |
| 27 Mon May 2024 | 41.55 | 42.00 | 42.00 | 41.00 | 0.519 times |
My analysis of stock is bullish for shortterm, and stock might move up till 43 or till 44.5. Use a stoploss of 41.69 and if this stock hits its stoploss, then it can fall down till 40.39
Share price targets for Indo Rama (IndoRama)
| Target Type | Value |
| Downside Target | 37.50 |
| Downside Target | 39.50 |
| Downside Target | 41.00 |
| Upside Target | 42.95 |
| Upside Target | 43.80 |
| Upside Target | 44.09 |
| Upside Target | 44.88 |
| Upside Target | 45.70 |
| Upside Target | 47.39 |
| Upside Target | 49.55 |
| Upside Target | 52.83 |
| Upside Target | 66.00 |
Intraday share price targets for Indo Rama (IndoRama)
| Target Type | Value |
| Downside Intraday Target | 38.62 |
| Downside Intraday Target | 35.41 |
| Upside Intraday Target | 44.42 |
| Upside Intraday Target | 47.01 |
| Downside Intraday Target | 41.21 |
Weekly technical analysis of Indo Rama (IndoRama)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 07 Fri Jun 2024 | 41.83 | 43.80 | 43.80 | 38.00 | 4.737 times |
| 31 Fri May 2024 | 40.34 | 42.00 | 42.95 | 40.10 | 0.391 times |
| 24 Fri May 2024 | 41.86 | 43.70 | 43.70 | 41.66 | 0.489 times |
| 18 Sat May 2024 | 43.73 | 41.07 | 44.88 | 41.00 | 3.2 times |
| 10 Fri May 2024 | 41.87 | 44.01 | 44.09 | 41.00 | 0.638 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 Indo Rama (IndoRama)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 07 Fri Jun 2024 | 41.83 | 43.80 | 43.80 | 38.00 | 0.398 times |
| 31 Fri May 2024 | 40.34 | 45.50 | 45.70 | 40.10 | 0.366 times |
| 30 Tue Apr 2024 | 45.42 | 39.71 | 47.39 | 39.50 | 0.679 times |
| 28 Thu Mar 2024 | 38.93 | 52.83 | 52.83 | 37.50 | 0.796 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Indo Rama ( (IndoRama) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Indo Rama ( (IndoRama) ) 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 Indo Rama ( (IndoRama) ) based on a mid to longer term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 BUY signal for Indo Rama in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Indo Rama Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls 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 moving up
CCI has generated a buy signal for Indo Rama in short term and BUY signal is strong.
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in negative zone. This is the SELL zone
Stock of Indo Rama is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 40.07 and Indo Rama (IndoRama) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Indo Rama ( (IndoRama) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Indo Rama ( (IndoRama) ) 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 Indo Rama ( (IndoRama) ) based on a mid to longer term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 BUY signal for Indo Rama in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Indo Rama Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls 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 moving up
CCI has generated a buy signal for Indo Rama in short term and BUY signal is strong.
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in negative zone. This is the SELL zone
Stock of Indo Rama is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 40.07 and Indo Rama (IndoRama) stock is trading above this level. This is a good sign for the stock and it could move higher. 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.
Click here for Indo Rama charts
Click here for further forecast and predictions for tomorrow