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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 2024-12-16 View latest technical analysis

10 day averaged volume of Amara Raja is 407274

Date	Daily Closing Price	Open	High	Low	Volume
16 Mon Dec 2024	1281.90	1293.50	1303.65	1264.90	1.124 times
13 Fri Dec 2024	1293.70	1286.00	1298.00	1272.55	0.498 times
12 Thu Dec 2024	1296.35	1315.95	1318.80	1290.60	0.696 times
11 Wed Dec 2024	1315.95	1311.90	1322.00	1303.00	1.341 times
10 Tue Dec 2024	1309.75	1330.00	1332.00	1306.00	0.793 times
09 Mon Dec 2024	1322.60	1333.00	1360.00	1315.95	1.244 times
06 Fri Dec 2024	1330.65	1334.80	1339.40	1315.25	0.992 times
05 Thu Dec 2024	1326.50	1330.90	1344.95	1318.00	0.99 times
04 Wed Dec 2024	1320.90	1325.00	1328.70	1309.00	1.144 times
03 Tue Dec 2024	1318.75	1297.00	1337.50	1294.00	1.351 times

My analysis of stock is bullish for shortterm, and stock might move up till 1317.5 or till 1361.1. Use a stoploss of 1281.08 and if this stock hits its stoploss, then it can fall down till 1244.7

Share price targets for Amara Raja (ARENM)

Target Type	Value
Downside Target	1209.05
Downside Target	1263.00
Upside Target	1317.20
Upside Target	1344.95
Upside Target	1360.00
Upside Target	1422.00
Upside Target	1444.00
Upside Target	1458.55
Upside Target	1530.00
Upside Target	1666.00

Intraday share price targets for Amara Raja (ARENM)

Target Type	Value
Downside Intraday Target	1263.32
Downside Intraday Target	1244.73
Upside Intraday Target	1302.07
Upside Intraday Target	1322.23
Upside Intraday Target	1283.48

Weekly technical analysis of Amara Raja (ARENM)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Mon Dec 2024	1281.90	1293.50	1303.65	1264.90	0.246 times
13 Fri Dec 2024	1293.70	1333.00	1360.00	1272.55	0.842 times
06 Fri Dec 2024	1330.65	1290.00	1344.95	1263.00	0.881 times
29 Fri Nov 2024	1280.70	1260.00	1285.00	1224.05	1.485 times
22 Fri Nov 2024	1228.25	1259.25	1278.35	1209.05	0.984 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 Mon Dec 2024	1281.90	1290.00	1360.00	1263.00	0.455 times
29 Fri Nov 2024	1280.70	1404.50	1422.00	1209.05	0.636 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

Scroll below to view daily charts

Price has moved up 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 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 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 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 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 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 1313.48 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.