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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)

Showing technical analysis as on 2024-02-26 View latest technical analysis

10 day averaged volume of Amara Raja is 356272

Date	Daily Closing Price	Open	High	Low	Volume
26 Mon Feb 2024	841.65	857.00	858.60	837.60	0.7 times
23 Fri Feb 2024	855.10	841.05	860.00	834.95	1.283 times
22 Thu Feb 2024	834.35	846.00	850.00	828.70	0.753 times
21 Wed Feb 2024	842.55	859.95	887.25	838.05	2.109 times
20 Tue Feb 2024	852.05	855.30	868.00	849.00	0.937 times
19 Mon Feb 2024	855.30	865.85	869.75	853.20	0.545 times
16 Fri Feb 2024	862.65	866.05	878.90	860.00	0.551 times
15 Thu Feb 2024	864.40	863.90	872.95	858.50	0.651 times
14 Wed Feb 2024	859.50	833.05	865.00	829.85	0.957 times
13 Tue Feb 2024	844.85	845.90	852.25	810.10	1.235 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 844.5, but if it comes above 844.5, then a intra day buy could be more profitable.
If you take a sell trade below 844.5, then use 844.5 as stoploss and 821.4 as target. However if you take a buy trade in stock , then use 844.5 as stoploss and 863.67 as target.

Share price targets for Amara Raja (ARENM)

Target Type	Value
Downside Target	609.00
Downside Target	644.00
Downside Target	711.60
Downside Target	771.65
Downside Target	810.10
Upside Target	855.10
Upside Target	858.60
Upside Target	878.90
Upside Target	887.25
Upside Target	900.00
Upside Target	903.55
Upside Target	915.55

Intraday share price targets for Amara Raja (ARENM)

Target Type	Value
Downside Intraday Target	833.3
Downside Intraday Target	824.95
Upside Intraday Target	854.3
Upside Intraday Target	866.95
Upside Intraday Target	845.95

Weekly technical analysis of Amara Raja (ARENM)

Date	Weekly Closing Price	Open	High	Low	Volume
26 Mon Feb 2024	841.65	857.00	858.60	837.60	0.124 times
23 Fri Feb 2024	855.10	865.85	887.25	828.70	1.287 times
16 Fri Feb 2024	862.65	870.70	878.90	810.10	0.72 times
09 Fri Feb 2024	870.70	903.90	915.55	855.10	0.355 times
02 Fri Feb 2024	895.30	814.70	903.55	813.95	3.798 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
26 Mon Feb 2024	841.65	900.00	915.55	810.10	0.529 times
31 Wed Jan 2024	889.05	819.65	900.00	771.65	0.59 times
29 Fri Dec 2023	816.00	716.20	831.00	716.00	2.02 times
30 Thu Nov 2023	710.05	628.00	711.60	616.00	10.747 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 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 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 Amara Raja stock for short term is BUY. Signal strength is Weak and stock is losing momentum.

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

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. Bears are weakening, and bulls are picking up momentum!

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 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

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Amara Raja is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 849.7 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 positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.