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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 2024-07-31 View latest technical analysis

10 day averaged volume of Amara Raja is 1022038

Date	Daily Closing Price	Open	High	Low	Volume
31 Wed Jul 2024	1626.30	1656.00	1664.00	1620.00	0.615 times
30 Tue Jul 2024	1650.00	1649.50	1680.00	1625.00	0.756 times
29 Mon Jul 2024	1638.30	1696.70	1696.75	1631.05	0.781 times
26 Fri Jul 2024	1680.45	1576.00	1690.00	1570.05	1.954 times
25 Thu Jul 2024	1565.80	1572.00	1587.65	1552.00	0.4 times
24 Wed Jul 2024	1573.70	1545.00	1606.00	1531.90	1.307 times
23 Tue Jul 2024	1545.95	1540.00	1575.00	1404.00	1.312 times
22 Mon Jul 2024	1530.90	1550.00	1560.25	1500.00	0.611 times
19 Fri Jul 2024	1540.85	1585.75	1595.25	1520.00	0.821 times
18 Thu Jul 2024	1566.30	1570.05	1658.50	1560.00	1.153 times

My analysis of stock is bullish for shortterm, and stock might move up till 1680.7 or till 1748.9. Use a stoploss of 1623.98 and if this stock hits its stoploss, then it can fall down till 1567.21

Share price targets for Amara Raja (ARENM)

Target Type	Value
Downside Target	737.70
Downside Target	768.30
Downside Target	895.15
Downside Target	1000.00
Downside Target	1204.40
Downside Target	1278.00
Downside Target	1404.00
Downside Target	1520.00
Downside Target	1585.05
Downside Target	1620.00
Upside Target	1658.50
Upside Target	1729.80
Upside Target	1745.00
Upside Target	1775.95

Intraday share price targets for Amara Raja (ARENM)

Target Type	Value
Downside Intraday Target	1598.62
Downside Intraday Target	1570.93
Upside Intraday Target	1675.37
Upside Intraday Target	1724.43
Upside Intraday Target	1647.68

Weekly technical analysis of Amara Raja (ARENM)

Date	Weekly Closing Price	Open	High	Low	Volume
31 Wed Jul 2024	1626.30	1696.70	1696.75	1620.00	0.385 times
26 Fri Jul 2024	1680.45	1550.00	1690.00	1404.00	1.536 times
19 Fri Jul 2024	1540.85	1636.00	1658.50	1520.00	0.761 times
12 Fri Jul 2024	1615.75	1704.00	1745.00	1585.05	0.642 times
05 Fri Jul 2024	1694.65	1660.00	1729.80	1621.75	0.18 times

Price has moved down 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
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
31 Fri May 2024	1181.35	1091.00	1278.00	1013.35	0.504 times
30 Tue Apr 2024	1099.70	773.00	1204.40	768.30	5.859 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 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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 BUY. 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down

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

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 1599.22 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.