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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 2024-10-18 View latest technical analysis

10 day averaged volume of Amara Raja is 587296

Date	Daily Closing Price	Open	High	Low	Volume
18 Fri Oct 2024	1342.35	1368.80	1378.00	1338.70	0.606 times
17 Thu Oct 2024	1368.80	1407.00	1407.00	1362.65	0.522 times
16 Wed Oct 2024	1398.60	1401.50	1407.40	1381.55	0.776 times
15 Tue Oct 2024	1393.65	1399.65	1402.00	1385.80	0.68 times
14 Mon Oct 2024	1391.10	1407.00	1414.90	1388.00	0.483 times
11 Fri Oct 2024	1406.90	1412.20	1422.55	1386.00	0.661 times
10 Thu Oct 2024	1399.60	1392.00	1413.00	1381.00	0.86 times
09 Wed Oct 2024	1375.15	1359.00	1395.45	1346.30	1.016 times
08 Tue Oct 2024	1336.85	1326.95	1342.95	1297.00	2.008 times
07 Mon Oct 2024	1324.40	1382.00	1391.95	1306.00	1.825 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 1348.7, but if it comes above 1348.7, then a intra day buy could be more profitable.
If you take a sell trade below 1348.7, then use 1348.7 as stoploss and 1316.1 as target. However if you take a buy trade in stock , then use 1348.7 as stoploss and 1375.93 as target.

Share price targets for Amara Raja (ARENM)

Target Type	Value
Downside Target	1000.00
Downside Target	1297.00
Upside Target	1404.00
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	1315.73
Downside Intraday Target	1289.12
Upside Intraday Target	1391.93
Upside Intraday Target	1441.52
Upside Intraday Target	1365.32

Weekly technical analysis of Amara Raja (ARENM)

Date	Weekly Closing Price	Open	High	Low	Volume
18 Fri Oct 2024	1342.35	1407.00	1414.90	1338.70	0.482 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
18 Fri Oct 2024	1342.35	1438.00	1444.00	1297.00	0.666 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 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 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 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 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 BUY signal for Amara Raja in short term but the buy signal is initial and weak.

Amara Raja 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. Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Amara Raja in short term and SELL signal is strong!

RSI is generating a SELL signal in short term and selling is picking up 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 1363.26 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.