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)

Showing technical analysis as on 2024-06-10 View latest technical analysis

10 day averaged volume of Indo Rama is 11423

Date	Daily Closing Price	Open	High	Low	Volume
10 Mon Jun 2024	42.14	41.50	43.20	41.50	2.772 times
07 Fri Jun 2024	41.83	40.50	42.29	40.50	0.877 times
06 Thu Jun 2024	40.75	40.25	41.90	40.25	1.17 times
05 Wed Jun 2024	40.25	39.57	40.29	38.99	0.734 times
04 Tue Jun 2024	38.79	41.45	41.45	38.00	3.639 times
03 Mon Jun 2024	40.31	43.80	43.80	40.03	1.837 times
31 Fri May 2024	40.34	41.21	41.21	40.10	0.481 times
30 Thu May 2024	40.82	41.00	41.39	40.57	0.146 times
29 Wed May 2024	41.40	42.95	42.95	41.21	0.286 times
28 Tue May 2024	41.31	40.72	42.00	40.72	0.263 times

Stock of Indo Rama (IndoRama) has showed a significant upmove. This could be a good time to enter in this stock!

My analysis of stock is bullish for shortterm, and stock might move up till 43 or till 44.6. Use a stoploss of 41.72 and if this stock hits its stoploss, then it can fall down till 40.42

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	44.88
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	41.36
Downside Intraday Target	40.58
Upside Intraday Target	43.06
Upside Intraday Target	43.98
Upside Intraday Target	42.28

Weekly technical analysis of Indo Rama (IndoRama)

Date	Weekly Closing Price	Open	High	Low	Volume
10 Mon Jun 2024	42.14	41.50	43.20	41.50	0.336 times
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

Price has moved up 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
10 Mon Jun 2024	42.14	43.80	43.80	38.00	0.531 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 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 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.

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 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 Strong 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 but buying is losing 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 40.47 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 rising upwards.

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.