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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 2024-12-17 View latest technical analysis

10 day averaged volume of Amara Raja is 414293

Date	Daily Closing Price	Open	High	Low	Volume
17 Tue Dec 2024	1260.70	1289.00	1310.50	1252.10	1.199 times
16 Mon Dec 2024	1281.90	1293.50	1303.65	1264.90	1.105 times
13 Fri Dec 2024	1293.70	1286.00	1298.00	1272.55	0.489 times
12 Thu Dec 2024	1296.35	1315.95	1318.80	1290.60	0.684 times
11 Wed Dec 2024	1315.95	1311.90	1322.00	1303.00	1.318 times
10 Tue Dec 2024	1309.75	1330.00	1332.00	1306.00	0.78 times
09 Mon Dec 2024	1322.60	1333.00	1360.00	1315.95	1.223 times
06 Fri Dec 2024	1330.65	1334.80	1339.40	1315.25	0.975 times
05 Thu Dec 2024	1326.50	1330.90	1344.95	1318.00	0.974 times
04 Wed Dec 2024	1320.90	1325.00	1328.70	1309.00	1.124 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 1248.5 as stoploss in an intra day buy trade for a target of 1282.87. However, stock will show a bearish move below 1248.5.

Share price targets for Amara Raja (ARENM)

Target Type	Value
Downside Target	1209.05
Downside Target	1252.10
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	1238.37
Downside Intraday Target	1216.03
Upside Intraday Target	1296.77
Upside Intraday Target	1332.83
Upside Intraday Target	1274.43

Weekly technical analysis of Amara Raja (ARENM)

Date	Weekly Closing Price	Open	High	Low	Volume
17 Tue Dec 2024	1260.70	1293.50	1310.50	1252.10	0.513 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
17 Tue Dec 2024	1260.70	1290.00	1360.00	1252.10	0.504 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 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 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 SELL signal for Amara Raja in short term and the sell signal is strong.

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 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 1306.36 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.