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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 741054

Date	Daily Closing Price	Open	High	Low	Volume
04 Fri Oct 2024	1379.60	1355.90	1391.95	1335.00	0.927 times
03 Thu Oct 2024	1355.90	1379.95	1401.00	1350.05	1.284 times
01 Tue Oct 2024	1411.85	1438.00	1444.00	1398.30	1.087 times
30 Mon Sep 2024	1425.95	1398.00	1432.00	1351.00	1.826 times
27 Fri Sep 2024	1392.15	1324.00	1398.35	1317.20	1.654 times
26 Thu Sep 2024	1329.95	1365.50	1369.70	1325.00	1.049 times
25 Wed Sep 2024	1365.50	1371.15	1395.00	1353.00	0.515 times
24 Tue Sep 2024	1364.00	1388.80	1388.80	1361.50	0.533 times
23 Mon Sep 2024	1375.20	1401.00	1413.10	1372.65	0.655 times
20 Fri Sep 2024	1381.10	1373.40	1408.00	1362.05	0.668 times

My analysis of stock is bearish for shortterm, and stock might move down till 1366.5 or till 1337.2. Use a stoploss of 1390.9 and if the stock hits stoploss, then it can shoot up till 1415.29

Share price targets for Amara Raja (ARENM)

Target Type	Value
Downside Target	1000.00
Downside Target	1317.20
Upside Target	1383.25
Upside Target	1444.00
Upside Target	1453.00
Upside Target	1458.55
Upside Target	1530.00
Upside Target	1666.00
Upside Target	1745.00
Upside Target	1775.95

Intraday share price targets for Amara Raja (ARENM)

Target Type	Value
Downside Intraday Target	1328.4
Downside Intraday Target	1277.2
Upside Intraday Target	1437.4
Upside Intraday Target	1495.2
Upside Intraday Target	1386.2

Weekly technical analysis of Amara Raja (ARENM)

Date	Weekly Closing Price	Open	High	Low	Volume
04 Fri Oct 2024	1379.60	1398.00	1444.00	1335.00	1.163 times
27 Fri Sep 2024	1392.15	1401.00	1413.10	1317.20	1.729 times
20 Fri Sep 2024	1381.10	1430.10	1434.00	1340.00	0.936 times
13 Fri Sep 2024	1410.55	1417.65	1453.00	1383.25	0.582 times
06 Fri Sep 2024	1417.65	1528.25	1530.00	1412.60	1.338 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
04 Fri Oct 2024	1379.60	1438.00	1444.00	1335.00	0.204 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
31 Wed Jul 2024	1626.30	1660.00	1745.00	1404.00	0.239 times

Scroll below to view daily charts

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)

Price action analysis of Amara Raja ( (ARENM) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Amara Raja ( (ARENM) ) 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 Amara Raja ( (ARENM) ) 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 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 gaining momentum.

MACD generated a BUY signal for Amara Raja 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.

Amara Raja 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 tired and bears are picking up momentum.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up

CCI has generated a SELL signal for Amara Raja in short term and SELL 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 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 1383.57 and Amara Raja (ARENM) 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 Amara Raja (ARENM) stock. Volume based technical analysis of Amara Raja (ARENM) stock is negative.

Amara Raja 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.