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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 2024-10-22 View latest technical analysis

10 day averaged volume of Amara Raja is 470566

Date	Daily Closing Price	Open	High	Low	Volume
22 Tue Oct 2024	1260.50	1325.00	1328.00	1254.05	2.393 times
21 Mon Oct 2024	1330.25	1356.00	1358.00	1328.00	0.499 times
18 Fri Oct 2024	1342.35	1368.80	1378.00	1338.70	0.757 times
17 Thu Oct 2024	1368.80	1407.00	1407.00	1362.65	0.652 times
16 Wed Oct 2024	1398.60	1401.50	1407.40	1381.55	0.969 times
15 Tue Oct 2024	1393.65	1399.65	1402.00	1385.80	0.848 times
14 Mon Oct 2024	1391.10	1407.00	1414.90	1388.00	0.602 times
11 Fri Oct 2024	1406.90	1412.20	1422.55	1386.00	0.825 times
10 Thu Oct 2024	1399.60	1392.00	1413.00	1381.00	1.073 times
09 Wed Oct 2024	1375.15	1359.00	1395.45	1346.30	1.269 times

Stock of Amara Raja (ARENM) has showed a significant fall. This could be a good time to exit from this stock.

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 1284.1, for a target of 1329.7 or 1367.65

Share price targets for Amara Raja (ARENM)

Target Type	Value
Downside Target	1000.00
Downside Target	1254.05
Upside Target	1297.00
Upside Target	1404.00
Upside Target	1422.55
Upside Target	1444.00
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	1223.7
Downside Intraday Target	1186.9
Upside Intraday Target	1327.65
Upside Intraday Target	1394.8
Upside Intraday Target	1290.85

Weekly technical analysis of Amara Raja (ARENM)

Date	Weekly Closing Price	Open	High	Low	Volume
22 Tue Oct 2024	1260.50	1356.00	1358.00	1254.05	0.756 times
18 Fri Oct 2024	1342.35	1407.00	1414.90	1338.70	0.482 times
11 Fri Oct 2024	1406.90	1382.00	1422.55	1297.00	0.985 times
04 Fri Oct 2024	1379.60	1398.00	1444.00	1335.00	1.163 times
27 Fri Sep 2024	1392.15	1401.00	1413.10	1317.20	1.729 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
22 Tue Oct 2024	1260.50	1438.00	1444.00	1254.05	0.78 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 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 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 Strong 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 getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Amara Raja in short term and SELL signal is strong!

RSI is generating a SELL signal in short term and selling is picking up 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 1352.36 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.