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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 2024-10-16 View latest technical analysis

10 day averaged volume of Amara Raja is 686761

Date	Daily Closing Price	Open	High	Low	Volume
16 Wed Oct 2024	1398.60	1401.50	1407.40	1381.55	0.664 times
15 Tue Oct 2024	1393.65	1399.65	1402.00	1385.80	0.581 times
14 Mon Oct 2024	1391.10	1407.00	1414.90	1388.00	0.413 times
11 Fri Oct 2024	1406.90	1412.20	1422.55	1386.00	0.565 times
10 Thu Oct 2024	1399.60	1392.00	1413.00	1381.00	0.735 times
09 Wed Oct 2024	1375.15	1359.00	1395.45	1346.30	0.869 times
08 Tue Oct 2024	1336.85	1326.95	1342.95	1297.00	1.717 times
07 Mon Oct 2024	1324.40	1382.00	1391.95	1306.00	1.56 times
04 Fri Oct 2024	1379.60	1355.90	1391.95	1335.00	1 times
03 Thu Oct 2024	1355.90	1379.95	1401.00	1350.05	1.386 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 1404.8 as stoploss in an intra day sell trade for a target of 1378.63. However, stock will show a bullish move above 1404.8.

Share price targets for Amara Raja (ARENM)

Target Type	Value
Downside Target	1000.00
Downside Target	1297.00
Downside Target	1381.55
Upside Target	1434.00
Upside Target	1444.00
Upside Target	1458.55
Upside Target	1530.00
Upside Target	1666.00
Upside Target	1745.00
Upside Target	1775.95

Intraday share price targets for Amara Raja (ARENM)

Target Type	Value
Downside Intraday Target	1381.8
Downside Intraday Target	1365
Upside Intraday Target	1415.15
Upside Intraday Target	1431.7
Downside Intraday Target	1398.35

Weekly technical analysis of Amara Raja (ARENM)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Wed Oct 2024	1398.60	1407.00	1414.90	1381.55	0.304 times
11 Fri Oct 2024	1406.90	1382.00	1422.55	1297.00	0.985 times
04 Fri Oct 2024	1379.60	1398.00	1444.00	1335.00	1.163 times
27 Fri Sep 2024	1392.15	1401.00	1413.10	1317.20	1.729 times
20 Fri Sep 2024	1381.10	1430.10	1434.00	1340.00	0.936 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
16 Wed Oct 2024	1398.60	1438.00	1444.00	1297.00	0.611 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
31 Wed Jul 2024	1626.30	1660.00	1745.00	1404.00	0.239 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 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 term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Amara Raja ( (ARENM) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the 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 BUY. Signal strength is Weak and stock is gaining momentum.

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

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 HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up

CCI has generated a buy signal for Amara Raja in short term and BUY signal is strong.

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Amara Raja is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 1364.79 and Amara Raja (ARENM) stock is trading above this level. This is a good sign for the stock and it could move higher. 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.