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

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

10 day averaged volume of Indovation is 64945

Date Daily Closing Price Open High Low Volume
08 Wed May 2024 92.69 91.47 93.40 91.47 0.946 times
07 Tue May 2024 91.47 93.50 94.50 90.00 0.519 times
06 Mon May 2024 93.04 92.80 93.95 92.00 0.887 times
03 Fri May 2024 92.35 94.00 95.15 91.10 0.797 times
02 Thu May 2024 94.81 95.00 95.50 93.21 0.756 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 92 as stoploss in an intra day buy trade for a target of 97.28. However, stock will show a bearish move below 92.

Share price targets for Indovation (Indovation)

Target Type Value
Downside Target 56.03
Downside Target 70.22
Downside Target 77.85
Downside Target 90.00
Upside Target 93.00
Upside Target 100.55
Upside Target 103.00
Upside Target 106.10
Upside Target 107.00
Upside Target 110.05
Upside Target 112.70
Upside Target 113.00

Intraday share price targets for Indovation (Indovation)

Target Type Value
Downside Intraday Target 90.29
Downside Intraday Target 87.9
Upside Intraday Target 94.79
Upside Intraday Target 96.9
Downside Intraday Target 92.4

Weekly technical analysis of Indovation (Indovation)

Date Weekly Closing Price Open High Low Volume
08 Wed May 2024 92.69 92.80 94.50 90.00 0.483 times
03 Fri May 2024 92.35 96.40 96.40 91.10 0.849 times
26 Fri Apr 2024 93.60 93.85 100.55 90.00 1.261 times
19 Fri Apr 2024 94.10 101.70 107.00 90.50 1.41 times
12 Fri Apr 2024 106.65 111.80 112.70 103.00 0.433 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 Indovation (Indovation)

Date Monthly Closing Price Open High Low Volume
08 Wed May 2024 92.69 95.00 95.50 90.00 0.161 times
30 Tue Apr 2024 94.70 104.55 113.00 90.00 0.584 times
28 Thu Mar 2024 101.50 107.00 110.05 93.00 0.812 times
29 Thu Feb 2024 103.19 76.90 106.10 70.22 0.987 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 Indovation (Indovation)

Indicator Name Indicator Value Indicator Signal
ADX 7, 21, 50 Sell
MACD -2, -1Sell
Stochastics 23Sell
CCI -88Buy
RSI 37Sell
OBV 274567Sell
VWAP 94Sell
ADL 0Sell
ROC -4Sell
Force Index 0Sell

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

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

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

Indovation Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up

CCI has generated a buy signal for Indovation in short term but BUY signal is weak.

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 Indovation is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 94.05 and Indovation (Indovation) 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 Indovation (Indovation) stock. Volume based technical analysis of Indovation (Indovation) stock is negative.

Indovation 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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