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 2024-09-03 View latest technical analysis

10 day averaged volume of Amara Raja is 445837

Date	Daily Closing Price	Open	High	Low	Volume
03 Tue Sep 2024	1509.40	1502.00	1527.95	1495.50	0.695 times
02 Mon Sep 2024	1503.85	1528.25	1530.00	1500.00	0.814 times
30 Fri Aug 2024	1521.25	1522.00	1537.75	1518.00	0.947 times
29 Thu Aug 2024	1520.45	1539.80	1548.95	1510.60	0.879 times
28 Wed Aug 2024	1535.60	1569.95	1576.80	1530.00	1.139 times
27 Tue Aug 2024	1571.65	1514.90	1610.00	1508.25	2.191 times
26 Mon Aug 2024	1514.90	1536.80	1536.80	1510.05	0.659 times
23 Fri Aug 2024	1527.35	1550.00	1552.00	1524.10	0.796 times
22 Thu Aug 2024	1548.25	1557.00	1583.80	1540.00	0.987 times
21 Wed Aug 2024	1554.00	1542.10	1564.00	1528.00	0.753 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 1504.9 as stoploss in an intra day buy trade for a target of 1534.5. However, stock will show a bearish move below 1504.9.

Share price targets for Amara Raja (ARENM)

Target Type	Value
Downside Target	1000.00
Downside Target	1278.00
Downside Target	1404.00
Downside Target	1458.55
Downside Target	1495.50
Upside Target	1583.80
Upside Target	1604.95
Upside Target	1610.00
Upside Target	1638.95
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	1493.27
Downside Intraday Target	1477.13
Upside Intraday Target	1527.77
Upside Intraday Target	1546.13
Upside Intraday Target	1511.63

Weekly technical analysis of Amara Raja (ARENM)

Date	Weekly Closing Price	Open	High	Low	Volume
03 Tue Sep 2024	1509.40	1528.25	1530.00	1495.50	0.259 times
30 Fri Aug 2024	1521.25	1536.80	1610.00	1508.25	1.392 times
23 Fri Aug 2024	1527.35	1574.25	1583.80	1524.10	0.454 times
16 Fri Aug 2024	1561.00	1538.00	1638.95	1516.20	0.743 times
09 Fri Aug 2024	1505.80	1580.00	1604.95	1458.55	1.506 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
03 Tue Sep 2024	1509.40	1528.25	1530.00	1495.50	0.043 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 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 SELL. Signal strength is Weak and stock is gaining momentum.

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

Amara Raja Stock is trading near its recent LOWS in short term which reflects strong selling momentum. 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 SELL signal for Amara Raja in short term and SELL signal is strong!

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 1537.04 and Amara Raja (ARENM) stock is trading below this level. This means that stock is falling with high volumes. 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 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.