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

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

10 day averaged volume of Indigo Paints is 41760

Date Daily Closing Price Open High Low Volume
20 Mon May 2024 1365.00 1373.45 1395.50 1356.50 0.235 times
17 Fri May 2024 1373.40 1355.70 1385.95 1355.70 0.73 times
16 Thu May 2024 1355.70 1375.00 1377.20 1350.00 0.429 times
15 Wed May 2024 1354.75 1370.95 1375.00 1352.05 0.331 times
14 Tue May 2024 1361.90 1370.00 1379.05 1358.50 0.394 times

My analysis of stock is bullish for shortterm, and stock might move up till 1382.3 or till 1410.3. Use a stoploss of 1359.04 and if this stock hits its stoploss, then it can fall down till 1335.75

Share price targets for Indigo Paints (INDIGOPNTS)

Target Type Value
Downside Target 1250.00
Downside Target 1303.05
Upside Target 1385.70
Upside Target 1395.50
Upside Target 1397.00
Upside Target 1401.15
Upside Target 1410.00
Upside Target 1418.00
Upside Target 1540.00

Intraday share price targets for Indigo Paints (INDIGOPNTS)

Target Type Value
Downside Intraday Target 1349.17
Downside Intraday Target 1333.33
Upside Intraday Target 1388.17
Upside Intraday Target 1411.33
Upside Intraday Target 1372.33

Weekly technical analysis of Indigo Paints (INDIGOPNTS)

Date Weekly Closing Price Open High Low Volume
20 Mon May 2024 1365.00 1373.45 1395.50 1356.50 0.089 times
17 Fri May 2024 1373.40 1374.85 1385.95 1333.40 0.324 times
10 Fri May 2024 1354.55 1397.00 1397.00 1338.00 1.784 times
03 Fri May 2024 1380.20 1327.65 1390.00 1327.65 0.425 times
26 Fri Apr 2024 1325.00 1339.85 1355.00 1303.05 1.689 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 Indigo Paints (INDIGOPNTS)

Date Monthly Closing Price Open High Low Volume
20 Mon May 2024 1365.00 1372.00 1397.00 1333.40 0.392 times
30 Tue Apr 2024 1373.95 1274.00 1410.00 1274.00 1.5 times
28 Thu Mar 2024 1256.60 1412.75 1418.00 1250.00 0.36 times
29 Thu Feb 2024 1398.85 1449.95 1540.00 1385.70 1.135 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 Indigo Paints (INDIGOPNTS)

Indicator Name Indicator Value Indicator Signal
ADX 16, 14, 8 Buy
MACD 3, 3Buy
Stochastics 50None
CCI 22Buy
RSI 51Buy
OBV 263406Sell
VWAP 1372Sell
ADL 0Sell
ROC -1Sell
Force Index 0Sell

Price action analysis of Indigo Paints ( (INDIGOPNTS) ) based on a short 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.

Price action analysis of Indigo Paints ( (INDIGOPNTS) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Indigo Paints ( (INDIGOPNTS) ) based on a short to mid term time period is

Price action analysis of Indigo Paints ( (INDIGOPNTS) ) 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 Indigo Paints stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.

MACD generated a BUY signal for Indigo Paints in short term and the buy signal is strong.

Indigo Paints Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 coming down

CCI has generated a buy signal for Indigo Paints in short term and BUY 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

Stock of Indigo Paints is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 1372.49 and Indigo Paints (INDIGOPNTS) 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 Indigo Paints (INDIGOPNTS) stock. Volume based technical analysis of Indigo Paints (INDIGOPNTS) stock is negative.

Indigo Paints 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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