(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 2024-09-24 View latest technical analysis
10 day averaged volume of Indo Rama is 176712
| Date | Daily Closing Price | Open | High | Low | Volume |
| 24 Tue Sep 2024 | 48.33 | 48.65 | 49.91 | 48.20 | 0.112 times |
| 23 Mon Sep 2024 | 49.15 | 49.00 | 50.58 | 49.00 | 0.109 times |
| 20 Fri Sep 2024 | 49.08 | 51.10 | 51.10 | 48.50 | 0.144 times |
| 19 Thu Sep 2024 | 50.06 | 51.10 | 52.38 | 48.90 | 0.254 times |
| 18 Wed Sep 2024 | 51.70 | 52.65 | 54.57 | 51.05 | 0.356 times |
| 17 Tue Sep 2024 | 52.72 | 53.52 | 53.81 | 52.45 | 0.255 times |
| 16 Mon Sep 2024 | 53.53 | 54.96 | 55.00 | 52.59 | 0.791 times |
| 13 Fri Sep 2024 | 54.48 | 58.74 | 58.74 | 54.00 | 1.517 times |
| 12 Thu Sep 2024 | 58.62 | 52.43 | 59.45 | 51.40 | 5.856 times |
| 11 Wed Sep 2024 | 51.76 | 47.88 | 53.25 | 47.88 | 0.591 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 47.4 as stoploss in an intra day buy trade for a target of 50.26. However, stock will show a bearish move below 47.4.
Share price targets for Indo Rama (IndoRama)
| Target Type | Value |
| Downside Target | 38.00 |
| Downside Target | 40.10 |
| Downside Target | 42.49 |
| Downside Target | 45.62 |
| Upside Target | 50.58 |
| Upside Target | 51.00 |
| Upside Target | 51.80 |
| Upside Target | 52.00 |
| Upside Target | 55.00 |
| Upside Target | 59.45 |
Intraday share price targets for Indo Rama (IndoRama)
| Target Type | Value |
| Downside Intraday Target | 47.49 |
| Downside Intraday Target | 46.66 |
| Upside Intraday Target | 49.87 |
| Upside Intraday Target | 51.42 |
| Upside Intraday Target | 49.04 |
Weekly technical analysis of Indo Rama (IndoRama)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 24 Tue Sep 2024 | 48.33 | 49.00 | 50.58 | 48.20 | 0.123 times |
| 20 Fri Sep 2024 | 49.08 | 54.96 | 55.00 | 48.50 | 0.221 times |
| 13 Fri Sep 2024 | 54.48 | 48.00 | 59.45 | 46.70 | 3.202 times |
| 06 Fri Sep 2024 | 48.16 | 47.00 | 52.00 | 46.55 | 2.307 times |
| 30 Fri Aug 2024 | 47.75 | 49.25 | 51.00 | 45.62 | 1.634 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 |
| 24 Tue Sep 2024 | 48.33 | 47.00 | 59.45 | 46.55 | 4.026 times |
| 30 Fri Aug 2024 | 47.75 | 50.40 | 51.00 | 42.49 | 0.564 times |
| 31 Wed Jul 2024 | 49.41 | 45.03 | 51.80 | 43.05 | 2.643 times |
| 28 Fri Jun 2024 | 44.88 | 43.80 | 47.45 | 38.00 | 1.582 times |
Scroll below to view daily charts
Price has moved up this month, and volume has increased substantially. This means that the move can 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 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 BUY. 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 green color and prices are in or below the green 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 and the buying is gaining 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 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 56.21 and Indo Rama (IndoRama) stock is trading below this level. This means that stock is falling with high volumes. 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 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.
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 BUY. 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 green color and prices are in or below the green 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 and the buying is gaining 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 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 56.21 and Indo Rama (IndoRama) stock is trading below this level. This means that stock is falling with high volumes. 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 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