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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 2024-10-01 View latest technical analysis

10 day averaged volume of Amara Raja is 619219

Date	Daily Closing Price	Open	High	Low	Volume
01 Tue Oct 2024	1411.85	1438.00	1444.00	1398.30	1.301 times
30 Mon Sep 2024	1425.95	1398.00	1432.00	1351.00	2.185 times
27 Fri Sep 2024	1392.15	1324.00	1398.35	1317.20	1.979 times
26 Thu Sep 2024	1329.95	1365.50	1369.70	1325.00	1.255 times
25 Wed Sep 2024	1365.50	1371.15	1395.00	1353.00	0.616 times
24 Tue Sep 2024	1364.00	1388.80	1388.80	1361.50	0.638 times
23 Mon Sep 2024	1375.20	1401.00	1413.10	1372.65	0.784 times
20 Fri Sep 2024	1381.10	1373.40	1408.00	1362.05	0.799 times
19 Thu Sep 2024	1373.40	1392.95	1406.60	1340.00	0.873 times
18 Wed Sep 2024	1391.75	1400.00	1411.70	1378.35	0.459 times

My analysis of stock is bullish for shortterm, and stock might move up till 1433.3 or till 1472.2. Use a stoploss of 1400.85 and if this stock hits its stoploss, then it can fall down till 1368.42

Share price targets for Amara Raja (ARENM)

Target Type	Value
Downside Target	1000.00
Downside Target	1317.20
Downside Target	1383.25
Upside Target	1444.00
Upside Target	1453.00
Upside Target	1458.55
Upside Target	1530.00
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	1360.57
Downside Intraday Target	1309.28
Upside Intraday Target	1453.57
Upside Intraday Target	1495.28
Downside Intraday Target	1402.28

Weekly technical analysis of Amara Raja (ARENM)

Date	Weekly Closing Price	Open	High	Low	Volume
01 Tue Oct 2024	1411.85	1398.00	1444.00	1351.00	0.661 times
27 Fri Sep 2024	1392.15	1401.00	1413.10	1317.20	1.729 times
20 Fri Sep 2024	1381.10	1430.10	1434.00	1340.00	0.936 times
13 Fri Sep 2024	1410.55	1417.65	1453.00	1383.25	0.582 times
06 Fri Sep 2024	1417.65	1528.25	1530.00	1412.60	1.338 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
01 Tue Oct 2024	1411.85	1438.00	1444.00	1398.30	0.067 times
30 Mon Sep 2024	1425.95	1528.25	1530.00	1317.20	0.771 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

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 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 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 to mid 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 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 Weak 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 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 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

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 1387.41 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.