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(Indokem) Indokem complete technical analysis [charts+indicators] | Buy/Sell Indokem | (Indokem) share price targets

Complete technical analysis of Indokem (Indokem) by charts plus indicators, forecast predictions and share price targets for Indokem (Indokem)

10 day averaged volume of Indokem is 2489

Date Daily Closing Price Open High Low Volume
02 Thu May 2024 94.05 95.00 96.45 92.20 2.008 times
30 Tue Apr 2024 95.00 93.25 98.00 93.25 0.294 times
29 Mon Apr 2024 95.13 98.00 98.95 93.10 1.265 times
26 Fri Apr 2024 98.00 99.80 99.80 97.00 0.26 times
25 Thu Apr 2024 98.00 96.00 98.00 96.00 0.495 times

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

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 95.1, but if it comes above 95.1, then a intra day buy could be more profitable.
If you take a sell trade below 95.1, then use 95.1 as stoploss and 91.8 as target. However if you take a buy trade in stock , then use 95.1 as stoploss and 97.73 as target.

Share price targets for Indokem (Indokem)

Target Type Value
Downside Target 90.60
Upside Target 96.45
Upside Target 98.95
Upside Target 99.80
Upside Target 102.00
Upside Target 103.60
Upside Target 103.89
Upside Target 104.80
Upside Target 118.34
Upside Target 119.00

Intraday share price targets for Indokem (Indokem)

Target Type Value
Downside Intraday Target 91.18
Downside Intraday Target 88.32
Upside Intraday Target 97.93
Upside Intraday Target 101.82
Upside Intraday Target 95.07

Weekly technical analysis of Indokem (Indokem)

Date Weekly Closing Price Open High Low Volume
02 Thu May 2024 94.05 98.00 98.95 92.20 0.991 times
26 Fri Apr 2024 98.00 97.05 99.80 93.50 0.811 times
19 Fri Apr 2024 96.73 95.35 103.60 93.80 0.671 times
12 Fri Apr 2024 95.35 100.05 102.00 91.05 1.366 times
05 Fri Apr 2024 102.94 99.95 103.89 97.05 0.386 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 Indokem (Indokem)

Date Monthly Closing Price Open High Low Volume
02 Thu May 2024 94.05 95.00 96.45 92.20 0.095 times
30 Tue Apr 2024 95.00 99.95 103.89 91.05 0.281 times
28 Thu Mar 2024 98.50 109.00 119.00 94.30 0.676 times
29 Thu Feb 2024 108.64 96.00 118.34 90.60 1.43 times

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 Indokem (Indokem)

Indicator Name Indicator Value Indicator Signal
ADX 13, 21, 25 Sell
MACD -3, -3Sell
Stochastics 18Sell
CCI -119Sell
RSI 56Buy
OBV -14323Sell
VWAP 96Sell
ADL 0Sell
ROC -2Sell
Force Index 0Sell

Price action analysis of Indokem ( (Indokem) ) 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 Indokem ( (Indokem) ) based on a short 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 Indokem ( (Indokem) ) 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 Indokem ( (Indokem) ) based on a mid to longer 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.

ADX buy sell signal for Indokem stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Indokem in short term and the sell signal is strong.

Indokem 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 in or above the red cloud Prices appear to be coming down

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

RSI is generating a BUY signal in short term and the buying is gaining 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 Indokem is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 96.29 and Indokem (Indokem) 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 Indokem (Indokem) stock. Volume based technical analysis of Indokem (Indokem) stock is negative.

Indokem 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.

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