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 2024-04-02 View latest technical analysis

10 day averaged volume of Amara Raja is 636598

Date	Daily Closing Price	Open	High	Low	Volume
02 Tue Apr 2024	794.95	795.00	803.90	788.30	0.426 times
01 Mon Apr 2024	795.00	773.00	798.40	768.30	0.588 times
28 Thu Mar 2024	760.40	774.00	785.00	756.00	1.08 times
27 Wed Mar 2024	770.30	775.75	786.75	767.20	0.516 times
26 Tue Mar 2024	774.20	779.00	784.50	764.00	1.55 times
22 Fri Mar 2024	778.00	756.80	783.35	756.15	0.729 times
21 Thu Mar 2024	756.15	758.00	769.80	751.25	1.623 times
20 Wed Mar 2024	748.35	770.55	779.90	737.70	0.969 times
19 Tue Mar 2024	770.55	793.90	793.90	764.45	0.878 times
18 Mon Mar 2024	788.65	795.00	806.90	785.00	0.816 times

My analysis of stock is bearish for shortterm, and stock might move down till 765 or till 717.2. Use a stoploss of 804.89 and if the stock hits stoploss, then it can shoot up till 844.74

Share price targets for Amara Raja (ARENM)

Target Type	Value
Downside Target	716.00
Downside Target	737.70
Downside Target	756.00
Upside Target	803.90
Upside Target	810.10
Upside Target	831.00
Upside Target	840.05
Upside Target	885.00
Upside Target	895.15
Upside Target	900.00
Upside Target	915.55

Intraday share price targets for Amara Raja (ARENM)

Target Type	Value
Downside Intraday Target	774.2
Downside Intraday Target	753.45
Upside Intraday Target	809.8
Upside Intraday Target	824.65
Downside Intraday Target	789.05

Weekly technical analysis of Amara Raja (ARENM)

Date	Weekly Closing Price	Open	High	Low	Volume
02 Tue Apr 2024	794.95	773.00	803.90	768.30	0.322 times
28 Thu Mar 2024	760.40	779.00	786.75	756.00	0.627 times
22 Fri Mar 2024	778.00	795.00	806.90	737.70	0.662 times
15 Fri Mar 2024	792.30	872.00	895.15	764.00	2.464 times
07 Thu Mar 2024	869.35	851.65	885.00	840.05	1.092 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
02 Tue Apr 2024	794.95	773.00	803.90	768.30	0.053 times
28 Thu Mar 2024	760.40	842.95	895.15	737.70	1.37 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

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 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 BUY signal for Amara Raja in short term but the buy signal is initial and weak.

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. Bulls are getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red 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

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 769.97 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 is giving positive 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.