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(INDIGOPNTS) Indigo Paints complete technical analysis [charts+indicators] | Buy/Sell Indigo Paints | (INDIGOPNTS) share price targets

Complete technical analysis of Indigo Paints (INDIGOPNTS) by charts plus indicators, forecast predictions and share price targets for Indigo Paints (INDIGOPNTS)

10 day averaged volume of Indigo Paints is 60128

Date	Daily Closing Price	Open	High	Low	Volume
16 Tue Apr 2024	1321.20	1329.45	1340.00	1310.50	1.598 times
15 Mon Apr 2024	1329.50	1301.15	1333.95	1301.15	1.14 times
12 Fri Apr 2024	1347.80	1349.80	1357.20	1337.70	0.61 times
10 Wed Apr 2024	1338.75	1348.95	1352.75	1328.75	0.619 times
09 Tue Apr 2024	1329.00	1379.80	1381.65	1320.75	1.439 times
08 Mon Apr 2024	1365.20	1410.00	1410.00	1362.00	1.3 times
05 Fri Apr 2024	1394.65	1406.95	1409.00	1377.10	0.514 times
04 Thu Apr 2024	1393.00	1393.00	1402.90	1377.00	0.744 times
03 Wed Apr 2024	1392.35	1358.00	1400.00	1338.95	1.165 times
02 Tue Apr 2024	1344.75	1320.00	1349.90	1312.00	0.801 times

My analysis of stock is bearish for shortterm, and stock might move down till 1297.6 or till 1255. Use a stoploss of 1333.17 and if the stock hits stoploss, then it can shoot up till 1368.7

Share price targets for Indigo Paints (INDIGOPNTS)

Target Type	Value
Downside Target	1250.00
Downside Target	1301.15
Upside Target	1385.70
Upside Target	1409.00
Upside Target	1410.00
Upside Target	1418.00
Upside Target	1425.65
Upside Target	1540.00
Upside Target	1558.85

Intraday share price targets for Indigo Paints (INDIGOPNTS)

Target Type	Value
Downside Intraday Target	1301.57
Downside Intraday Target	1281.93
Upside Intraday Target	1340.42
Upside Intraday Target	1359.63
Downside Intraday Target	1320.78

Weekly technical analysis of Indigo Paints (INDIGOPNTS)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Tue Apr 2024	1321.20	1301.15	1340.00	1301.15	0.69 times
12 Fri Apr 2024	1347.80	1410.00	1410.00	1320.75	0.811 times
05 Fri Apr 2024	1394.65	1274.00	1409.00	1274.00	1.246 times
28 Thu Mar 2024	1256.60	1301.50	1319.95	1250.00	1.408 times
22 Fri Mar 2024	1321.20	1341.05	1353.10	1315.00	0.545 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 Indigo Paints (INDIGOPNTS)

Date	Monthly Closing Price	Open	High	Low	Volume
16 Tue Apr 2024	1321.20	1274.00	1410.00	1274.00	0.764 times
28 Thu Mar 2024	1256.60	1412.75	1418.00	1250.00	0.36 times
29 Thu Feb 2024	1398.85	1449.95	1540.00	1385.70	1.135 times
31 Wed Jan 2024	1443.45	1499.00	1540.00	1401.15	1.541 times

Scroll below to view daily charts

Price has moved up 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 Indigo Paints (INDIGOPNTS)

Price action analysis of Indigo Paints ( (INDIGOPNTS) ) 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 Indigo Paints ( (INDIGOPNTS) ) based on a short to mid term time period is neutral. A longer time frame might give a better analysis.

Price action analysis of Indigo Paints ( (INDIGOPNTS) ) 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 Indigo Paints stock for short term is SELL. Signal strength is Strong and stock is losing momentum.

MACD generated a BUY signal for Indigo Paints in short term but the buy signal is initial and weak.

Indigo Paints 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 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 buy signal for Indigo Paints 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 Indigo Paints is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 1351.2 and Indigo Paints (INDIGOPNTS) 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 Indigo Paints (INDIGOPNTS) stock. Volume based technical analysis of Indigo Paints (INDIGOPNTS) stock is negative.

Indigo Paints 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.