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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 2024-10-29 View latest technical analysis

10 day averaged volume of Amara Raja is 726472

Date	Daily Closing Price	Open	High	Low	Volume
29 Tue Oct 2024	1329.75	1342.00	1364.40	1310.00	1.277 times
28 Mon Oct 2024	1321.45	1266.65	1363.45	1260.00	4.048 times
25 Fri Oct 2024	1241.80	1270.00	1270.00	1218.85	0.819 times
24 Thu Oct 2024	1263.60	1274.20	1288.00	1260.05	0.356 times
23 Wed Oct 2024	1274.20	1274.50	1298.00	1232.20	0.815 times
22 Tue Oct 2024	1260.50	1325.00	1328.00	1254.05	1.55 times
21 Mon Oct 2024	1330.25	1356.00	1358.00	1328.00	0.323 times
18 Fri Oct 2024	1342.35	1368.80	1378.00	1338.70	0.49 times
17 Thu Oct 2024	1368.80	1407.00	1407.00	1362.65	0.422 times
16 Wed Oct 2024	1398.60	1401.50	1407.40	1381.55	0.628 times

My analysis of stock is bearish for shortterm, and stock might move down till 1294.1 or till 1232.7. Use a stoploss of 1345.32 and if the stock hits stoploss, then it can shoot up till 1396.49

Share price targets for Amara Raja (ARENM)

Target Type	Value
Downside Target	1000.00
Downside Target	1218.85
Downside Target	1260.00
Downside Target	1297.00
Upside Target	1404.00
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	1271.7
Downside Intraday Target	1213.65
Upside Intraday Target	1376.1
Upside Intraday Target	1422.45
Downside Intraday Target	1318.05

Weekly technical analysis of Amara Raja (ARENM)

Date	Weekly Closing Price	Open	High	Low	Volume
29 Tue Oct 2024	1329.75	1266.65	1364.40	1260.00	1.378 times
25 Fri Oct 2024	1241.80	1356.00	1358.00	1218.85	1.558 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

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
29 Tue Oct 2024	1329.75	1438.00	1444.00	1218.85	1.223 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 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 Weak and stock is losing momentum.

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

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Amara Raja Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are in or above the red 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 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 1309.64 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 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.