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 2024-04-16 View latest technical analysis

10 day averaged volume of Amara Raja is 1262517

Date	Daily Closing Price	Open	High	Low	Volume
16 Tue Apr 2024	967.95	865.95	978.90	862.00	8.969 times
15 Mon Apr 2024	872.75	865.00	888.85	850.00	0.917 times
12 Fri Apr 2024	891.35	878.45	898.00	866.00	0.896 times
10 Wed Apr 2024	878.45	905.00	905.50	873.15	0.495 times
09 Tue Apr 2024	897.50	879.15	920.95	872.80	2.583 times
08 Mon Apr 2024	869.05	812.00	880.00	808.30	3.851 times
05 Fri Apr 2024	810.60	811.95	814.00	801.55	0.186 times
04 Thu Apr 2024	808.25	808.05	814.50	805.00	0.281 times
03 Wed Apr 2024	803.95	798.00	809.90	794.15	0.279 times
02 Tue Apr 2024	794.95	795.00	803.90	788.30	0.215 times

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

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 943.2, for a target of 874 or 816.44

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
Downside Target	831.00
Downside Target	850.00
Downside Target	895.15
Downside Target	900.00
Downside Target	915.55
Downside Target	920.95
Upside Target	978.90

Intraday share price targets for Amara Raja (ARENM)

Target Type	Value
Downside Intraday Target	885.67
Downside Intraday Target	803.38
Upside Intraday Target	1014.57
Upside Intraday Target	1061.18
Downside Intraday Target	932.28

Weekly technical analysis of Amara Raja (ARENM)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Tue Apr 2024	967.95	865.00	978.90	850.00	1.263 times
12 Fri Apr 2024	891.35	812.00	920.95	808.30	6.221 times
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

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
16 Tue Apr 2024	967.95	773.00	978.90	768.30	1.961 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, and volume has increased substantially. This means that the move can 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 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 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 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 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 BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Amara Raja in short term and the buy signal is strong.

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 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 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 918.67 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.