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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 2024-03-01 View latest technical analysis

10 day averaged volume of Amara Raja is 375642

Date	Daily Closing Price	Open	High	Low	Volume
01 Fri Mar 2024	846.30	842.95	848.95	840.50	0.547 times
29 Thu Feb 2024	838.95	833.50	843.00	817.10	1.14 times
28 Wed Feb 2024	834.10	835.00	843.90	828.05	0.793 times
27 Tue Feb 2024	834.35	843.10	850.00	830.00	1.543 times
26 Mon Feb 2024	841.65	857.00	858.60	837.60	0.664 times
23 Fri Feb 2024	855.10	841.05	860.00	834.95	1.216 times
22 Thu Feb 2024	834.35	846.00	850.00	828.70	0.714 times
21 Wed Feb 2024	842.55	859.95	887.25	838.05	2 times
20 Tue Feb 2024	852.05	855.30	868.00	849.00	0.889 times
19 Mon Feb 2024	855.30	865.85	869.75	853.20	0.517 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 838.4 as stoploss in an intra day buy trade for a target of 856.21. However, stock will show a bearish move below 838.4.

Share price targets for Amara Raja (ARENM)

Target Type	Value
Downside Target	616.00
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	822.73
Downside Intraday Target	799.17
Upside Intraday Target	864.23
Upside Intraday Target	882.17
Downside Intraday Target	840.67

Weekly technical analysis of Amara Raja (ARENM)

Date	Weekly Closing Price	Open	High	Low	Volume
01 Fri Mar 2024	846.30	857.00	858.60	817.10	0.878 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
01 Fri Mar 2024	846.30	842.95	848.95	840.50	0.023 times
29 Thu Feb 2024	838.95	900.00	915.55	810.10	0.62 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

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 Amara Raja (ARENM)

Price action analysis of Amara Raja ( (ARENM) ) based on a short 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 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 SELL. 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 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 green color and prices are in or below the green 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 BUY signal in short term but buying 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 842.79 and Amara Raja (ARENM) stock is trading above this level. This is a good sign for the stock and it could move higher. 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.