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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 2024-11-27 View latest technical analysis

10 day averaged volume of Amara Raja is 433543

Date	Daily Closing Price	Open	High	Low	Volume
27 Wed Nov 2024	1269.95	1236.40	1274.90	1225.60	1.352 times
26 Tue Nov 2024	1231.40	1249.75	1258.00	1224.05	1.057 times
25 Mon Nov 2024	1241.85	1260.00	1277.30	1238.05	1.089 times
22 Fri Nov 2024	1228.25	1228.00	1239.60	1209.05	0.726 times
21 Thu Nov 2024	1224.35	1247.80	1247.80	1221.00	0.894 times
19 Tue Nov 2024	1247.80	1230.00	1278.35	1230.00	1.218 times
18 Mon Nov 2024	1224.75	1259.25	1275.60	1221.00	1.058 times
14 Thu Nov 2024	1255.60	1254.80	1269.95	1245.00	0.82 times
13 Wed Nov 2024	1246.40	1280.00	1304.45	1238.00	1.301 times
12 Tue Nov 2024	1269.65	1289.90	1305.00	1263.00	0.895 times

My analysis of stock is bearish for shortterm, and stock might move down till 1236.2 or till 1168.6. Use a stoploss of 1292.5 and if the stock hits stoploss, then it can shoot up till 1348.81

Share price targets for Amara Raja (ARENM)

Target Type	Value
Downside Target	1209.05
Upside Target	1404.00
Upside Target	1409.00
Upside Target	1422.00
Upside Target	1444.00
Upside Target	1458.55
Upside Target	1530.00
Upside Target	1666.00
Upside Target	1745.00

Intraday share price targets for Amara Raja (ARENM)

Target Type	Value
Downside Intraday Target	1236.9
Downside Intraday Target	1203.85
Upside Intraday Target	1290.15
Upside Intraday Target	1310.35
Downside Intraday Target	1257.1

Weekly technical analysis of Amara Raja (ARENM)

Date	Weekly Closing Price	Open	High	Low	Volume
27 Wed Nov 2024	1269.95	1260.00	1277.30	1224.05	0.898 times
22 Fri Nov 2024	1228.25	1259.25	1278.35	1209.05	0.984 times
14 Thu Nov 2024	1255.60	1300.00	1305.00	1238.00	0.446 times
08 Fri Nov 2024	1303.45	1409.00	1409.00	1294.00	0.759 times
01 Fri Nov 2024	1405.30	1266.65	1422.00	1260.00	1.807 times

Price has moved up 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
27 Wed Nov 2024	1269.95	1404.50	1422.00	1209.05	0.573 times
31 Thu Oct 2024	1390.60	1438.00	1444.00	1218.85	1.306 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

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 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 term time period is neutral. A longer time frame might give a better analysis.

Price action analysis of Amara Raja ( (ARENM) ) based on a short to mid 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 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 losing 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 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 weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below 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 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 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 1244.99 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.