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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 2024-04-05 View latest technical analysis

10 day averaged volume of Amara Raja is 546950

Date	Daily Closing Price	Open	High	Low	Volume
05 Fri Apr 2024	810.60	811.95	814.00	801.55	0.43 times
04 Thu Apr 2024	808.25	808.05	814.50	805.00	0.649 times
03 Wed Apr 2024	803.95	798.00	809.90	794.15	0.643 times
02 Tue Apr 2024	794.95	795.00	803.90	788.30	0.496 times
01 Mon Apr 2024	795.00	773.00	798.40	768.30	0.685 times
28 Thu Mar 2024	760.40	774.00	785.00	756.00	1.257 times
27 Wed Mar 2024	770.30	775.75	786.75	767.20	0.601 times
26 Tue Mar 2024	774.20	779.00	784.50	764.00	1.804 times
22 Fri Mar 2024	778.00	756.80	783.35	756.15	0.848 times
21 Thu Mar 2024	756.15	758.00	769.80	751.25	1.889 times

My analysis of stock is bullish for shortterm, and stock might move up till 834.2 or till 876.8. Use a stoploss of 798.68 and if this stock hits its stoploss, then it can fall down till 763.19

Share price targets for Amara Raja (ARENM)

Target Type	Value
Downside Target	716.00
Downside Target	737.70
Downside Target	756.00
Downside Target	806.90
Upside Target	814.50
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	781.1
Downside Intraday Target	751.6
Upside Intraday Target	827.3
Upside Intraday Target	844
Downside Intraday Target	797.8

Weekly technical analysis of Amara Raja (ARENM)

Date	Weekly Closing Price	Open	High	Low	Volume
05 Fri Apr 2024	810.60	773.00	814.50	768.30	0.793 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
05 Fri Apr 2024	810.60	773.00	814.50	768.30	0.13 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 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 mid to longer term time period is neutral. A longer time frame might give a better analysis.

ADX buy sell signal for Amara Raja stock for short term is SELL. Signal strength is Weak and stock is gaining 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

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

CCI has generated a SELL signal for Amara Raja in short term but SELL signal is weak.

RSI is generating a BUY signal in short term but buying is losing 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 777.52 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 negative.

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