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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 2024-10-08 View latest technical analysis

10 day averaged volume of Indovation is 251516

Date	Daily Closing Price	Open	High	Low	Volume
08 Tue Oct 2024	39.48	34.25	40.87	34.25	0.888 times
07 Mon Oct 2024	38.05	40.79	41.87	38.05	1.491 times
03 Thu Oct 2024	38.19	39.01	39.90	38.19	2.042 times
01 Tue Oct 2024	40.20	41.50	41.50	40.00	0.635 times
30 Mon Sep 2024	40.11	41.50	41.50	40.00	0.588 times
27 Fri Sep 2024	41.56	41.98	42.90	41.20	0.404 times
26 Thu Sep 2024	41.98	42.00	43.00	41.12	0.563 times
25 Wed Sep 2024	41.81	41.10	42.47	41.10	0.426 times
24 Tue Sep 2024	41.98	42.70	43.65	41.60	0.755 times
23 Mon Sep 2024	43.22	44.50	44.75	42.65	1.019 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 40.2, but if it comes above 40.2, then a intra day buy could be more profitable.
If you take a sell trade below 40.2, then use 40.2 as stoploss and 37.7 as target. However if you take a buy trade in stock , then use 40.2 as stoploss and 42.32 as target.

Share price targets for Indovation (Indovation)

Target Type	Value
Downside Target	28.53
Downside Target	33.79
Downside Target	38.19
Upside Target	39.60
Upside Target	41.10
Upside Target	44.75
Upside Target	45.50
Upside Target	46.77
Upside Target	47.34
Upside Target	49.29
Upside Target	51.00
Upside Target	66.85

Intraday share price targets for Indovation (Indovation)

Target Type	Value
Downside Intraday Target	35.2
Downside Intraday Target	30.91
Upside Intraday Target	42.82
Upside Intraday Target	46.15
Downside Intraday Target	38.53

Weekly technical analysis of Indovation (Indovation)

Date	Weekly Closing Price	Open	High	Low	Volume
08 Tue Oct 2024	39.48	40.79	41.87	34.25	0.729 times
03 Thu Oct 2024	38.19	41.50	41.50	38.19	1.031 times
27 Fri Sep 2024	41.56	44.50	44.75	41.10	0.415 times
20 Fri Sep 2024	44.23	43.98	45.50	41.60	0.952 times
13 Fri Sep 2024	43.86	46.00	46.77	41.85	0.499 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 Tue Oct 2024	39.48	41.50	41.87	34.25	0.143 times
30 Mon Sep 2024	40.11	46.05	47.34	39.90	0.745 times
30 Fri Aug 2024	46.51	34.17	49.29	28.53	0.775 times
31 Wed Jul 2024	34.17	43.99	51.00	33.79	2.831 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 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 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 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.

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 green color and prices are above the green 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 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 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 40.05 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 positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.