(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 2024-11-08 View latest technical analysis
10 day averaged volume of Indo Rama is 21343
| Date | Daily Closing Price | Open | High | Low | Volume |
| 08 Fri Nov 2024 | 42.50 | 44.15 | 44.15 | 42.00 | 1.339 times |
| 07 Thu Nov 2024 | 43.28 | 43.85 | 44.95 | 43.05 | 1.761 times |
| 06 Wed Nov 2024 | 43.66 | 42.70 | 44.39 | 42.50 | 1.396 times |
| 05 Tue Nov 2024 | 42.66 | 42.00 | 43.03 | 42.00 | 0.451 times |
| 04 Mon Nov 2024 | 42.30 | 43.74 | 43.74 | 41.60 | 0.926 times |
| 01 Fri Nov 2024 | 42.84 | 42.98 | 42.98 | 41.87 | 0.53 times |
| 31 Thu Oct 2024 | 42.18 | 41.94 | 42.78 | 41.80 | 0.529 times |
| 30 Wed Oct 2024 | 41.94 | 41.01 | 42.03 | 40.99 | 0.438 times |
| 29 Tue Oct 2024 | 40.99 | 40.84 | 41.68 | 40.00 | 0.329 times |
| 28 Mon Oct 2024 | 40.37 | 40.84 | 40.84 | 39.21 | 0.393 times |
My analysis of stock is bearish for shortterm, and stock might move down till 40.6 or till 37.7. Use a stoploss of 43.05 and if the stock hits stoploss, then it can shoot up till 45.46
Share price targets for Indo Rama (IndoRama)
| Target Type | Value |
| Downside Target | 38.57 |
| Downside Target | 41.60 |
| Upside Target | 44.95 |
| Upside Target | 45.65 |
| Upside Target | 46.55 |
| Upside Target | 48.59 |
| Upside Target | 49.10 |
| Upside Target | 50.32 |
| Upside Target | 51.00 |
| Upside Target | 51.80 |
| Upside Target | 59.45 |
Intraday share price targets for Indo Rama (IndoRama)
| Target Type | Value |
| Downside Intraday Target | 41.08 |
| Downside Intraday Target | 39.67 |
| Upside Intraday Target | 44.43 |
| Upside Intraday Target | 46.37 |
| Upside Intraday Target | 43.02 |
Weekly technical analysis of Indo Rama (IndoRama)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 08 Fri Nov 2024 | 42.50 | 43.74 | 44.95 | 41.60 | 2.647 times |
| 01 Fri Nov 2024 | 42.84 | 40.84 | 42.98 | 39.21 | 0.15 times |
| 25 Fri Oct 2024 | 40.04 | 45.65 | 45.65 | 38.57 | 2.355 times |
| 18 Fri Oct 2024 | 45.06 | 47.10 | 49.10 | 43.85 | 0.569 times |
| 11 Fri Oct 2024 | 47.64 | 46.00 | 48.59 | 41.86 | 1.613 times |
Price has moved down 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 |
| 08 Fri Nov 2024 | 42.50 | 42.98 | 44.95 | 41.60 | 0.169 times |
| 31 Thu Oct 2024 | 42.18 | 49.98 | 50.32 | 38.57 | 0.331 times |
| 30 Mon Sep 2024 | 49.73 | 47.00 | 59.45 | 46.55 | 4.37 times |
| 30 Fri Aug 2024 | 47.75 | 50.40 | 51.00 | 42.49 | 0.564 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 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 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 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 mid to longer 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.
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 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Indo Rama in short term but SELL signal is weak.
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in positive zone. This is a BUY 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 42.66 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 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.
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 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 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 mid to longer 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.
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 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Indo Rama in short term but SELL signal is weak.
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in positive zone. This is a BUY 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 42.66 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 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.
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