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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 2024-12-20 View latest technical analysis

10 day averaged volume of Amara Raja is 399172

Date	Daily Closing Price	Open	High	Low	Volume
20 Fri Dec 2024	1197.35	1266.95	1274.95	1185.00	3.643 times
19 Thu Dec 2024	1220.10	1223.65	1240.00	1206.00	0.858 times
18 Wed Dec 2024	1240.65	1260.70	1269.35	1228.05	1.076 times
17 Tue Dec 2024	1260.70	1289.00	1310.50	1252.10	1.244 times
16 Mon Dec 2024	1281.90	1293.50	1303.65	1264.90	1.147 times
13 Fri Dec 2024	1293.70	1286.00	1298.00	1272.55	0.508 times
12 Thu Dec 2024	1296.35	1315.95	1318.80	1290.60	0.71 times
11 Wed Dec 2024	1315.95	1311.90	1322.00	1303.00	1.368 times
10 Tue Dec 2024	1309.75	1330.00	1332.00	1306.00	0.809 times
09 Mon Dec 2024	1322.60	1333.00	1360.00	1315.95	1.269 times

Stock of Amara Raja (ARENM) has showed a significant fall. This could be a good time to exit from this stock.

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 1197.1, for a target of 1242.7 or 1280.76

Share price targets for Amara Raja (ARENM)

Target Type	Value
Downside Target	1185.00
Upside Target	1209.05
Upside Target	1263.00
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	1151.4
Downside Intraday Target	1105.45
Upside Intraday Target	1276.9
Upside Intraday Target	1356.45
Upside Intraday Target	1230.95

Weekly technical analysis of Amara Raja (ARENM)

Date	Weekly Closing Price	Open	High	Low	Volume
20 Fri Dec 2024	1197.35	1293.50	1310.50	1185.00	1.708 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, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Amara Raja (ARENM)

Date	Monthly Closing Price	Open	High	Low	Volume
20 Fri Dec 2024	1197.35	1290.00	1360.00	1185.00	0.728 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 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 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 negative zone. This is the SELL 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 1258.56 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.