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)

10 day averaged volume of Amara Raja is 428132

Date	Daily Closing Price	Open	High	Low	Volume
27 Fri Sep 2024	1392.15	1324.00	1398.35	1317.20	2.863 times
26 Thu Sep 2024	1329.95	1365.50	1369.70	1325.00	1.815 times
25 Wed Sep 2024	1365.50	1371.15	1395.00	1353.00	0.891 times
24 Tue Sep 2024	1364.00	1388.80	1388.80	1361.50	0.923 times
23 Mon Sep 2024	1375.20	1401.00	1413.10	1372.65	1.134 times
20 Fri Sep 2024	1381.10	1373.40	1408.00	1362.05	1.156 times
19 Thu Sep 2024	1373.40	1392.95	1406.60	1340.00	1.263 times
18 Wed Sep 2024	1391.75	1400.00	1411.70	1378.35	0.664 times
17 Tue Sep 2024	1400.00	1405.15	1420.00	1397.00	0.595 times
16 Mon Sep 2024	1405.15	1430.10	1434.00	1397.30	0.731 times

Stock of Amara Raja (ARENM) has showed a significant upmove. This could be a good time to enter in this stock!

My analysis of stock is bearish for shortterm, and stock might move down till 1364.3 or till 1309.9. Use a stoploss of 1409.63 and if the stock hits stoploss, then it can shoot up till 1454.98

Share price targets for Amara Raja (ARENM)

Target Type	Value
Downside Target	1000.00
Downside Target	1278.00
Downside Target	1317.20
Downside Target	1383.25
Upside Target	1458.55
Upside Target	1508.25
Upside Target	1530.00
Upside Target	1610.00
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	1335.2
Downside Intraday Target	1278.25
Upside Intraday Target	1431.1
Upside Intraday Target	1470.05
Downside Intraday Target	1374.15

Weekly technical analysis of Amara Raja (ARENM)

Date	Weekly Closing Price	Open	High	Low	Volume
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
30 Fri Aug 2024	1521.25	1536.80	1610.00	1508.25	1.392 times

Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Amara Raja (ARENM)

Date	Monthly Closing Price	Open	High	Low	Volume
27 Fri Sep 2024	1392.15	1528.25	1530.00	1317.20	0.684 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
28 Fri Jun 2024	1663.15	1250.00	1775.95	1000.00	2.8 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 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 losing momentum.

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

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. Bears are weakening, and bulls 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 buy signal for Amara Raja in short term but BUY signal is weak.

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

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 1375.17 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 has given negative 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.