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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 2024-03-04 View latest technical analysis

10 day averaged volume of Amara Raja is 360210

Date	Daily Closing Price	Open	High	Low	Volume
04 Mon Mar 2024	847.95	851.65	857.80	842.35	0.988 times
02 Sat Mar 2024	848.75	847.00	850.00	834.50	0.085 times
01 Fri Mar 2024	846.30	842.95	848.95	840.50	0.57 times
29 Thu Feb 2024	838.95	833.50	843.00	817.10	1.188 times
28 Wed Feb 2024	834.10	835.00	843.90	828.05	0.827 times
27 Tue Feb 2024	834.35	843.10	850.00	830.00	1.609 times
26 Mon Feb 2024	841.65	857.00	858.60	837.60	0.693 times
23 Fri Feb 2024	855.10	841.05	860.00	834.95	1.269 times
22 Thu Feb 2024	834.35	846.00	850.00	828.70	0.745 times
21 Wed Feb 2024	842.55	859.95	887.25	838.05	2.086 times

My analysis of stock is bearish for shortterm, and stock might move down till 838.1 or till 821.2. Use a stoploss of 852.14 and if the stock hits stoploss, then it can shoot up till 866.22

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	857.80
Upside Target	858.60
Upside Target	878.90
Upside Target	887.25
Upside Target	900.00
Upside Target	915.55

Intraday share price targets for Amara Raja (ARENM)

Target Type	Value
Downside Intraday Target	840.93
Downside Intraday Target	833.92
Upside Intraday Target	856.38
Upside Intraday Target	864.82
Upside Intraday Target	849.37

Weekly technical analysis of Amara Raja (ARENM)

Date	Weekly Closing Price	Open	High	Low	Volume
04 Mon Mar 2024	847.95	851.65	857.80	842.35	0.199 times
02 Sat Mar 2024	848.75	857.00	858.60	817.10	0.894 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

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 Mon Mar 2024	847.95	842.95	857.80	834.50	0.066 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 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 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 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 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 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 above the green cloud Prices appear to be coming down

CCI has generated a buy signal for Amara Raja in short term and BUY signal is strong.

RSI is generating a BUY signal in short term and the buying is gaining 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 841.83 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.