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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 2024-10-21 View latest technical analysis

10 day averaged volume of Indovation is 220058

Date	Daily Closing Price	Open	High	Low	Volume
21 Mon Oct 2024	38.78	39.00	39.40	37.99	0.807 times
18 Fri Oct 2024	39.12	39.45	39.99	38.14	0.872 times
17 Thu Oct 2024	39.37	39.15	40.00	38.15	0.483 times
16 Wed Oct 2024	39.98	39.66	40.40	39.12	0.542 times
15 Tue Oct 2024	39.86	40.95	40.95	39.00	1.05 times
14 Mon Oct 2024	40.34	40.99	41.75	38.44	1.269 times
11 Fri Oct 2024	40.13	39.52	41.20	39.50	1.372 times
10 Thu Oct 2024	40.30	39.65	41.30	39.65	1.025 times
09 Wed Oct 2024	40.10	38.10	40.98	38.10	0.666 times
08 Tue Oct 2024	39.48	34.25	40.87	34.25	1.015 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 38.9, but if it comes above 38.9, then a intra day buy could be more profitable.
If you take a sell trade below 38.9, then use 38.9 as stoploss and 37 as target. However if you take a buy trade in stock , then use 38.9 as stoploss and 40.44 as target.

Share price targets for Indovation (Indovation)

Target Type	Value
Downside Target	28.53
Downside Target	33.79
Downside Target	37.99
Upside Target	39.40
Upside Target	41.10
Upside Target	41.87
Upside Target	44.75
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	38.05
Downside Intraday Target	37.31
Upside Intraday Target	39.46
Upside Intraday Target	40.13
Downside Intraday Target	38.72

Weekly technical analysis of Indovation (Indovation)

Date	Weekly Closing Price	Open	High	Low	Volume
21 Mon Oct 2024	38.78	39.00	39.40	37.99	0.191 times
18 Fri Oct 2024	39.12	40.99	41.75	38.14	0.729 times
11 Fri Oct 2024	40.13	40.79	41.87	34.25	1.55 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

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
21 Mon Oct 2024	38.78	41.50	41.87	34.25	0.342 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 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 gaining momentum.

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

Indovation 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. Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

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 39.81 and Indovation (Indovation) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.

People seem to be coming out and selling the Indovation (Indovation) stock. Volume based technical analysis of Indovation (Indovation) stock is negative.

Indovation Stock is giving positive 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.