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

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

10 day averaged volume of Amara Raja is 591858

Date Daily Closing Price Open High Low Volume
19 Tue Nov 2024 1247.80 1230.00 1278.35 1230.00 0.892 times
18 Mon Nov 2024 1224.75 1259.25 1275.60 1221.00 0.775 times
14 Thu Nov 2024 1255.60 1254.80 1269.95 1245.00 0.6 times
13 Wed Nov 2024 1246.40 1280.00 1304.45 1238.00 0.953 times
12 Tue Nov 2024 1269.65 1289.90 1305.00 1263.00 0.656 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 1254.1, but if it comes above 1254.1, then a intra day buy could be more profitable.
If you take a sell trade below 1254.1, then use 1254.1 as stoploss and 1192.2 as target. However if you take a buy trade in stock , then use 1254.1 as stoploss and 1305.57 as target.

Share price targets for Amara Raja (ARENM)

Target Type Value
Downside Target 1218.85
Upside Target 1364.40
Upside Target 1404.00
Upside Target 1409.00
Upside Target 1422.00
Upside Target 1444.00
Upside Target 1458.55
Upside Target 1530.00
Upside Target 1666.00
Upside Target 1745.00

Intraday share price targets for Amara Raja (ARENM)

Target Type Value
Downside Intraday Target 1219.75
Downside Intraday Target 1191.7
Upside Intraday Target 1277.1
Upside Intraday Target 1306.4
Upside Intraday Target 1249.05

Weekly technical analysis of Amara Raja (ARENM)

Date Weekly Closing Price Open High Low Volume
19 Tue Nov 2024 1247.80 1259.25 1278.35 1221.00 0.575 times
14 Thu Nov 2024 1255.60 1300.00 1305.00 1238.00 0.446 times
08 Fri Nov 2024 1303.45 1409.00 1409.00 1294.00 3.202 times
01 Fri Nov 2024 1405.30 1337.80 1422.00 1323.35 0.281 times
30 Wed Oct 2024 1356.25 1266.65 1364.40 1260.00 1.526 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 Amara Raja (ARENM)

Date Monthly Closing Price Open High Low Volume
19 Tue Nov 2024 1247.80 1404.50 1422.00 1221.00 0.42 times
31 Thu Oct 2024 1390.60 1438.00 1444.00 1218.85 1.34 times
30 Mon Sep 2024 1425.95 1528.25 1530.00 1317.20 0.771 times
30 Fri Aug 2024 1521.25 1650.70 1666.00 1458.55 0.645 times

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 Amara Raja (ARENM)

Indicator Name Indicator Value Indicator Signal
ADX 10, 30, 51 Sell
MACD -61, -51Sell
Stochastics 10Sell
CCI -81Buy
RSI 46Sell
OBV 155300Sell
VWAP 1289Sell
ADL 0Sell
ROC -9Sell
Force Index 0Sell

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

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

Amara Raja 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 in or above the red cloud Prices appear to be moving up

CCI has generated a buy signal for Amara Raja in short term but BUY 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 Amara Raja is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 1289.03 and Amara Raja (ARENM) 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 Amara Raja (ARENM) stock. Volume based technical analysis of Amara Raja (ARENM) stock is negative.

Amara Raja 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.

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