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 2024-11-07 View latest technical analysis

10 day averaged volume of Amara Raja is 886794

Date	Daily Closing Price	Open	High	Low	Volume
07 Thu Nov 2024	1311.25	1331.90	1338.10	1308.40	0.568 times
06 Wed Nov 2024	1331.70	1337.10	1344.65	1324.05	0.709 times
05 Tue Nov 2024	1319.55	1369.05	1374.00	1310.15	1.9 times
04 Mon Nov 2024	1374.25	1409.00	1409.00	1348.00	0.713 times
01 Fri Nov 2024	1405.30	1404.50	1422.00	1396.05	0.23 times
31 Thu Oct 2024	1390.60	1357.30	1397.85	1340.40	0.659 times
30 Wed Oct 2024	1356.25	1337.80	1363.60	1323.35	0.466 times
29 Tue Oct 2024	1329.75	1342.00	1364.40	1310.00	1.046 times
28 Mon Oct 2024	1321.45	1266.65	1363.45	1260.00	3.316 times
25 Fri Oct 2024	1241.80	1270.00	1270.00	1218.85	0.671 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 1290.4 as stoploss in an intra day buy trade for a target of 1340.59. However, stock will show a bearish move below 1290.4.

Share price targets for Amara Raja (ARENM)

Target Type	Value
Downside Target	1218.85
Downside Target	1260.00
Downside Target	1297.00
Upside Target	1404.00
Upside Target	1422.00
Upside Target	1422.55
Upside Target	1444.00
Upside Target	1458.55
Upside Target	1530.00
Upside Target	1666.00
Upside Target	1745.00

Intraday share price targets for Amara Raja (ARENM)

Target Type	Value
Downside Intraday Target	1276.77
Downside Intraday Target	1242.28
Upside Intraday Target	1377.37
Upside Intraday Target	1443.48
Upside Intraday Target	1342.88

Weekly technical analysis of Amara Raja (ARENM)

Date	Weekly Closing Price	Open	High	Low	Volume
07 Thu Nov 2024	1311.25	1409.00	1409.00	1308.40	0.68 times
01 Fri Nov 2024	1405.30	1266.65	1422.00	1260.00	1.807 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

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
07 Thu Nov 2024	1311.25	1404.50	1422.00	1308.40	0.233 times
31 Thu Oct 2024	1390.60	1438.00	1444.00	1218.85	1.306 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

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 term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 BUY signal for Amara Raja in short term but the buy signal is initial and weak.

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. Bulls are getting tired and bears are picking up momentum.

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 but selling 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 1328.43 and Amara Raja (ARENM) stock is trading below this level. This means that stock is falling with high volumes. 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.