Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

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

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

Showing technical analysis as on 2024-08-20 View latest technical analysis

10 day averaged volume of Indo Tech is 27319

Date	Daily Closing Price	Open	High	Low	Volume
20 Tue Aug 2024	1781.60	1894.85	1894.85	1765.00	0.47 times
19 Mon Aug 2024	1857.15	1895.10	1895.10	1820.00	0.307 times
09 Fri Aug 2024	1839.95	1900.00	1935.00	1833.90	1.356 times
08 Thu Aug 2024	1930.40	1910.65	2011.20	1910.65	1.661 times
07 Wed Aug 2024	2011.20	2011.20	2011.20	2011.20	0.137 times
06 Tue Aug 2024	2117.05	2175.00	2225.95	2117.05	0.72 times
05 Mon Aug 2024	2228.45	2285.00	2320.40	2228.45	0.669 times
02 Fri Aug 2024	2345.70	2265.00	2345.70	2170.00	1.088 times
01 Thu Aug 2024	2234.00	2178.00	2234.00	2142.00	0.541 times
19 Fri Jul 2024	2219.85	2222.15	2222.15	2010.55	3.013 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 1739.7 as stoploss in an intra day buy trade for a target of 1941.45. However, stock will show a bearish move below 1739.7.

Share price targets for Indo Tech (INDOTECH_BE)

Target Type	Value
Downside Target	1347.00
Downside Target	1500.00
Downside Target	1614.30
Downside Target	1717.20
Downside Target	1765.00
Upside Target	1828.55
Upside Target	1885.00
Upside Target	2005.95
Upside Target	2142.00
Upside Target	2222.15
Upside Target	2320.40
Upside Target	2345.70

Intraday share price targets for Indo Tech (INDOTECH_BE)

Target Type	Value
Downside Intraday Target	1732.7
Downside Intraday Target	1683.8
Upside Intraday Target	1862.8
Upside Intraday Target	1944
Upside Intraday Target	1813.9

Weekly technical analysis of Indo Tech (INDOTECH_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
20 Tue Aug 2024	1781.60	1895.10	1895.10	1765.00	0.171 times
09 Fri Aug 2024	1839.95	2285.00	2320.40	1833.90	2.791 times
02 Fri Aug 2024	2345.70	2178.00	2345.70	2142.00	0.303 times
19 Fri Jul 2024	2219.85	1890.20	2222.15	1836.25	1.717 times
12 Fri Jul 2024	1828.25	1790.00	1828.55	1614.30	0.579 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 Tech (INDOTECH_BE)

Date	Monthly Closing Price	Open	High	Low	Volume
20 Tue Aug 2024	1781.60	2178.00	2345.70	1765.00	0.5 times
19 Fri Jul 2024	2219.85	1687.50	2222.15	1614.30	1.031 times
28 Fri Jun 2024	1607.15	1784.45	1790.00	1500.00	0.596 times
31 Fri May 2024	1699.50	1631.35	1885.00	1347.00	1.934 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 Tech (INDOTECH_BE)

Price action analysis of Indo Tech ( (INDOTECH_BE) ) 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 Tech ( (INDOTECH_BE) ) 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 Tech ( (INDOTECH_BE) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.

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

MACD generated a SELL signal for Indo Tech in short term but the sell signal is initial and weak.

Indo Tech 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 Tech 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 positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying might be slowing down

Stock of Indo Tech is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 2092.78 and Indo Tech (INDOTECH_BE) 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 Tech (INDOTECH_BE) stock. Volume based technical analysis of Indo Tech (INDOTECH_BE) stock is negative.

Indo Tech Stock has given negative returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.