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(INDOBORAX) Indo Borax complete technical analysis [charts+indicators] | Buy/Sell Indo Borax | (INDOBORAX) share price targets

Complete technical analysis of Indo Borax (INDOBORAX) by charts plus indicators, forecast predictions and share price targets for Indo Borax (INDOBORAX)

Showing technical analysis as on 2024-05-27 View latest technical analysis

10 day averaged volume of Indo Borax is 46988

Date	Daily Closing Price	Open	High	Low	Volume
27 Mon May 2024	165.70	171.25	171.35	165.00	1.908 times
24 Fri May 2024	171.25	173.30	175.00	170.50	1.01 times
23 Thu May 2024	170.75	169.20	174.80	169.20	0.77 times
22 Wed May 2024	170.60	174.70	174.70	169.35	1.221 times
21 Tue May 2024	173.00	173.15	176.45	172.05	0.94 times
18 Sat May 2024	175.50	179.00	179.00	174.50	0.246 times
17 Fri May 2024	176.85	174.00	183.00	172.20	1.655 times
16 Thu May 2024	173.35	173.00	176.00	172.00	0.974 times
15 Wed May 2024	172.90	173.95	177.90	171.30	0.887 times
14 Tue May 2024	173.95	169.70	175.70	169.65	1.243 times

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 164.4, for a target of 169 or 172.93

Share price targets for Indo Borax (INDOBORAX)

Target Type	Value
Downside Target	146.00
Downside Target	161.50
Upside Target	169.20
Upside Target	174.85
Upside Target	182.40
Upside Target	183.00
Upside Target	186.00
Upside Target	188.20
Upside Target	196.35
Upside Target	205.35
Upside Target	238.00

Intraday share price targets for Indo Borax (INDOBORAX)

Target Type	Value
Downside Intraday Target	163.35
Downside Intraday Target	161
Upside Intraday Target	169.7
Upside Intraday Target	173.7
Upside Intraday Target	167.35

Weekly technical analysis of Indo Borax (INDOBORAX)

Date	Weekly Closing Price	Open	High	Low	Volume
27 Mon May 2024	165.70	171.25	171.35	165.00	0.484 times
24 Fri May 2024	171.25	173.15	176.45	169.20	0.651 times
18 Sat May 2024	175.50	166.80	183.00	164.60	1.014 times
10 Fri May 2024	166.95	175.00	179.70	165.20	1.477 times
03 Fri May 2024	176.65	184.00	186.00	174.85	0.405 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 Indo Borax (INDOBORAX)

Date	Monthly Closing Price	Open	High	Low	Volume
27 Mon May 2024	165.70	180.00	183.00	164.60	0.538 times
30 Tue Apr 2024	177.70	161.50	188.20	161.50	1.043 times
28 Thu Mar 2024	160.95	180.50	182.40	146.00	0.588 times
29 Thu Feb 2024	179.30	203.70	205.35	170.00	1.08 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 Indo Borax (INDOBORAX)

Price action analysis of Indo Borax ( (INDOBORAX) ) 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 Indo Borax ( (INDOBORAX) ) based on a short to mid 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 Indo Borax ( (INDOBORAX) ) based on a mid to longer 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.

ADX buy sell signal for Indo Borax stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.

MACD generated a SELL signal for Indo Borax in short term and the sell signal is strong.

Indo Borax 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 green color and prices are in or below the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Indo Borax in short term and SELL signal is strong!

RSI is generating a BUY signal in short term but buying 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 Indo Borax is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 171.9 and Indo Borax (INDOBORAX) 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 Indo Borax (INDOBORAX) stock. Volume based technical analysis of Indo Borax (INDOBORAX) stock is negative.

Indo Borax 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.