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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)

Showing technical analysis as on 2024-07-23 View latest technical analysis

10 day averaged volume of Indovation is 789753

Date	Daily Closing Price	Open	High	Low	Volume
23 Tue Jul 2024	36.44	35.00	36.50	33.90	0.769 times
22 Mon Jul 2024	35.06	36.95	36.95	35.01	0.484 times
19 Fri Jul 2024	36.85	38.81	39.59	36.85	0.629 times
18 Thu Jul 2024	38.78	39.68	41.00	38.00	0.57 times
16 Tue Jul 2024	39.69	41.74	42.80	39.50	0.816 times
15 Mon Jul 2024	41.57	43.52	44.20	41.35	0.863 times
12 Fri Jul 2024	43.52	45.49	45.85	43.22	0.741 times
11 Thu Jul 2024	45.49	47.80	47.99	44.27	1.141 times
10 Wed Jul 2024	46.59	46.60	46.60	45.50	2.651 times
09 Tue Jul 2024	44.39	41.20	44.39	40.17	1.725 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 39.1, but if it comes above 39.1, then a intra day buy could be more profitable.
If you take a sell trade below 39.1, then use 39.1 as stoploss and 34.6 as target. However if you take a buy trade in stock , then use 39.1 as stoploss and 42.83 as target.

Share price targets for Indovation (Indovation)

Target Type	Value
Downside Target	33.90
Upside Target	36.85
Upside Target	39.60
Upside Target	42.00
Upside Target	44.20
Upside Target	47.99
Upside Target	51.00
Upside Target	62.20
Upside Target	66.85
Upside Target	90.00
Upside Target	93.00
Upside Target	109.00
Upside Target	110.05
Upside Target	113.00

Intraday share price targets for Indovation (Indovation)

Target Type	Value
Downside Intraday Target	34.58
Downside Intraday Target	32.71
Upside Intraday Target	37.63
Upside Intraday Target	38.81
Downside Intraday Target	35.76

Weekly technical analysis of Indovation (Indovation)

Date	Weekly Closing Price	Open	High	Low	Volume
23 Tue Jul 2024	36.44	36.95	36.95	33.90	0.435 times
19 Fri Jul 2024	36.85	43.52	44.20	36.85	0.433 times
12 Fri Jul 2024	43.52	44.50	47.99	40.17	1.118 times
05 Fri Jul 2024	44.50	43.99	51.00	42.00	2.476 times
28 Fri Jun 2024	42.56	49.50	51.06	39.60	1.651 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 Indovation (Indovation)

Date	Monthly Closing Price	Open	High	Low	Volume
23 Tue Jul 2024	36.44	43.99	51.00	33.90	2.419 times
28 Fri Jun 2024	42.56	66.85	66.85	39.60	1.355 times
31 Fri May 2024	64.39	95.00	109.00	62.20	2.553 times
30 Tue Apr 2024	94.70	104.55	113.00	90.00	0.584 times

Scroll below to view daily charts

Price has moved down this month, and volume has increased substantially. This means that the move can continue in coming months.

Indicators analysis of Indovation (Indovation)

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 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 Indovation stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

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

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

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 below the red cloud Prices appear to be moving up

CCI has generated a SELL signal for Indovation 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

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Indovation is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 42.62 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.