Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-03-05 View latest technical analysis

10 day averaged volume of Amara Raja is 362397

Date	Daily Closing Price	Open	High	Low	Volume
05 Tue Mar 2024	850.35	847.95	859.85	845.00	1.236 times
04 Mon Mar 2024	847.95	851.65	857.80	842.35	0.982 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	0.567 times
29 Thu Feb 2024	838.95	833.50	843.00	817.10	1.181 times
28 Wed Feb 2024	834.10	835.00	843.90	828.05	0.822 times
27 Tue Feb 2024	834.35	843.10	850.00	830.00	1.6 times
26 Mon Feb 2024	841.65	857.00	858.60	837.60	0.689 times
23 Fri Feb 2024	855.10	841.05	860.00	834.95	1.261 times
22 Thu Feb 2024	834.35	846.00	850.00	828.70	0.74 times

My analysis of stock is bearish for shortterm, and stock might move down till 838.5 or till 824.4. Use a stoploss of 850.38 and if the stock hits stoploss, then it can shoot up till 862.21

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	858.60
Upside Target	859.85
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	841.85
Downside Intraday Target	833.35
Upside Intraday Target	859.35
Upside Intraday Target	868.35
Upside Intraday Target	850.85

Weekly technical analysis of Amara Raja (ARENM)

Date	Weekly Closing Price	Open	High	Low	Volume
05 Tue Mar 2024	850.35	851.65	859.85	842.35	0.449 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 up 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
05 Tue Mar 2024	850.35	842.95	859.85	834.50	0.117 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 buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 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. Bulls are getting stronger in this stock.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up

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 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 842.81 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 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 positive

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