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

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

10 day averaged volume of Indoco Rem is 6526

Date Daily Closing Price Open High Low Volume
17 Fri May 2024 319.70 322.05 325.55 318.15 0.913 times
16 Thu May 2024 319.85 330.90 332.50 318.00 2.066 times
15 Wed May 2024 328.05 333.10 334.60 326.00 0.457 times
14 Tue May 2024 330.80 322.00 344.80 318.25 1.624 times
13 Mon May 2024 317.40 321.00 321.00 315.90 0.44 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 322.6, but if it comes above 322.6, then a intra day buy could be more profitable.
If you take a sell trade below 322.6, then use 322.6 as stoploss and 316.1 as target. However if you take a buy trade in stock , then use 322.6 as stoploss and 327.92 as target.

Share price targets for Indoco Rem (IndocoRem)

Target Type Value
Downside Target 315.90
Upside Target 336.95
Upside Target 341.80
Upside Target 344.00
Upside Target 344.80
Upside Target 359.95
Upside Target 363.00
Upside Target 372.00
Upside Target 385.10
Upside Target 416.95

Intraday share price targets for Indoco Rem (IndocoRem)

Target Type Value
Downside Intraday Target 308.8
Downside Intraday Target 297.9
Upside Intraday Target 337.7
Upside Intraday Target 355.7
Upside Intraday Target 326.8

Weekly technical analysis of Indoco Rem (IndocoRem)

Date Weekly Closing Price Open High Low Volume
17 Fri May 2024 319.70 321.00 344.80 315.90 1.222 times
10 Fri May 2024 319.70 338.05 341.80 318.60 0.776 times
03 Fri May 2024 337.40 330.25 340.00 324.40 1.515 times
26 Fri Apr 2024 328.55 331.55 336.95 323.05 1.299 times
19 Fri Apr 2024 330.90 343.50 344.00 328.35 1.152 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 Indoco Rem (IndocoRem)

Date Monthly Closing Price Open High Low Volume
17 Fri May 2024 319.70 329.90 344.80 315.90 0.729 times
30 Tue Apr 2024 327.00 328.60 372.00 323.05 1.589 times
28 Thu Mar 2024 328.50 350.30 363.00 320.00 0.616 times
29 Thu Feb 2024 349.80 372.75 385.10 330.00 0.462 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 Indoco Rem (IndocoRem)

Indicator Name Indicator Value Indicator Signal
ADX 23, 19, 8 Buy
MACD -9, -8Sell
Stochastics 23Sell
CCI -87Sell
RSI 57Buy
OBV -50888Sell
VWAP 326Sell
ADL 0Sell
ROC -5Sell
Force Index 0Sell

Price action analysis of Indoco Rem ( (IndocoRem) ) 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 Indoco Rem ( (IndocoRem) ) 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 Indoco Rem ( (IndocoRem) ) based on a short to mid 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 Indoco Rem ( (IndocoRem) ) 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 Indoco Rem stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.

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

Indoco Rem 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 Indoco Rem 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 positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying might be slowing down

Stock of Indoco Rem is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 325.75 and Indoco Rem (IndocoRem) 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 Indoco Rem (IndocoRem) stock. Volume based technical analysis of Indoco Rem (IndocoRem) stock is negative.

Indoco Rem 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.

Click here for Indoco Rem charts

Click here for further forecast and predictions for tomorrow

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