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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 2024-12-31 View latest technical analysis

10 day averaged volume of Amara Raja is 626713

Date	Daily Closing Price	Open	High	Low	Volume
31 Tue Dec 2024	1199.95	1184.05	1218.00	1181.20	0.61 times
30 Mon Dec 2024	1184.05	1219.00	1231.20	1177.00	0.766 times
27 Fri Dec 2024	1219.35	1212.70	1225.00	1205.05	0.5 times
26 Thu Dec 2024	1206.50	1204.85	1242.00	1189.50	1.856 times
24 Tue Dec 2024	1194.75	1167.00	1200.00	1161.00	0.72 times
23 Mon Dec 2024	1167.00	1217.95	1217.95	1157.00	1.083 times
20 Fri Dec 2024	1197.35	1266.95	1274.95	1185.00	2.32 times
19 Thu Dec 2024	1220.10	1223.65	1240.00	1206.00	0.546 times
18 Wed Dec 2024	1240.65	1260.70	1269.35	1228.05	0.685 times
17 Tue Dec 2024	1260.70	1289.00	1310.50	1252.10	0.792 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 1204.8, but if it comes above 1204.8, then a intra day buy could be more profitable.
If you take a sell trade below 1204.8, then use 1204.8 as stoploss and 1138.2 as target. However if you take a buy trade in stock , then use 1204.8 as stoploss and 1260.37 as target.

Share price targets for Amara Raja (ARENM)

Target Type	Value
Downside Target	1157.00
Upside Target	1209.05
Upside Target	1310.50
Upside Target	1344.95
Upside Target	1360.00
Upside Target	1422.00
Upside Target	1444.00
Upside Target	1458.55
Upside Target	1530.00
Upside Target	1666.00

Intraday share price targets for Amara Raja (ARENM)

Target Type	Value
Downside Intraday Target	1174.23
Downside Intraday Target	1148.52
Upside Intraday Target	1228.43
Upside Intraday Target	1256.92
Upside Intraday Target	1202.72

Weekly technical analysis of Amara Raja (ARENM)

Date	Weekly Closing Price	Open	High	Low	Volume
31 Tue Dec 2024	1199.95	1219.00	1231.20	1177.00	0.331 times
27 Fri Dec 2024	1219.35	1217.95	1242.00	1157.00	0.82 times
20 Fri Dec 2024	1197.35	1293.50	1310.50	1185.00	1.708 times
13 Fri Dec 2024	1293.70	1333.00	1360.00	1272.55	0.842 times
06 Fri Dec 2024	1330.65	1290.00	1344.95	1263.00	0.881 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
31 Tue Dec 2024	1199.95	1290.00	1360.00	1157.00	1.076 times
29 Fri Nov 2024	1280.70	1404.50	1422.00	1209.05	0.636 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

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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

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 gaining 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 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 moving up

CCI has generated a buy signal for Amara Raja in short term but BUY signal is weak.

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 1205.14 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.