Technical Analysis for INDOY - Indorama Ventures

Grade Last Price % Change Price Change
grade D 12.26 -21.91% -3.4400
INDOY closed down 21.91 percent on Monday, July 29, 2019, on 17 percent of normal volume. The stock fell below its 50 day moving average, damaging its intermediate-term outlook by crossing under that important trendline. Note that the stock is in oversold territory based on its Slow Stochastic indicator (14, 3, 3) -- sideways movement or a bounce should not be unexpected.

Trend Table & Recent Signals
ADX Long-Term Intermediate-Term Short-Term
Weak or Absent N/A Down Down
See historical INDOY trend table...

Date Alert Name Type % Chg
Fell Below 50 DMA Bearish 0.00%
Narrow Range Bar Range Contraction 0.00%
Wide Bands Range Expansion 0.00%
Below Lower BB Weakness 0.00%
Gapped Down Weakness 0.00%
Oversold Stochastic Weakness 0.00%
Crossed Above 50 DMA Bullish -21.91%
Narrow Range Bar Range Contraction -21.91%
Strong but Oversold Other -21.91%
Wide Bands Range Expansion -21.91%

Older signals for INDOY ...

Get this analysis on your stocks daily!

Let us help you stay on top of your investments. We will alert you to important technical developments on your portfolio & watchlist.
Configure default chart indicators
Basic chart:
Profile
Indorama Ventures Public Company Limited produces and distributes polyethylene terephthalate (PET), purified terephthalic acid (PTA), paraxylene, isophthalic acid, ethylene oxide and ethylene glycol, polyester fibers and yarns, and wool products. It operates in three segments: PET, Feedstock, and Fibers. The company produces various PET resins, including hot-fill, low and high IV, heavy metal free, plant PET, fast re-heat, general grade, and film grade products to serve carbonated soft drink, water, juice, food, alcoholic beverages, pharmaceuticals, homecare, healthcare, APET sheet, and film extrusion industries under the RAMAPET, PERFORMANCE, and Afron brands, as well as PET packaging materials, such as PET preforms, bottles, and closures. It also offers purified ethylene oxide for use in household products consisting of soaps and detergents; specialty and industrial chemicals, such as brake fluids; weed killers; and urethane foam for the auto industry. In addition, the company provides monoethylene glycol for use in polyester polymer production and antifreeze industry; diethylene glycol for unsaturated polyester resin, polyester polyols, and liquid detergent production, as well as cement grinding; and triethylene glycol for oil and gas industry, and natural gas dehydration. Further, it offers polyolefin and polyester fibers, yarns, and chips for various market verticals, such as non-woven, home textile, technical textile, automotive, and apparel; and manufactures PTA, a raw material in the production of polyester fiber, PET, film, and engineering resins. Additionally, the company produces worsted wool yarns that are used in various applications, such as woven and non-woven products, active apparels, and technical and interior textiles. It operates in Thailand, North America, Europe, and internationally. The company is headquartered in Bangkok, Thailand. Indorama Ventures Public Company Limited is a subsidiary of Indorama Resources Limited.
Chemistry Physical Sciences Food Healthcare Pharmaceuticals Plastics Cement Oil And Gas Industry Organic Compounds Commodity Chemicals Household Products Thermoplastics Industrial Chemicals Household Chemicals Polyethylene Terephthalate Pet Heavy Metal Polyesters Ethylene Glycol Non Woven Products
Is INDOY a Buy, Sell or Hold?
Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength
Summary: Counts: 0 bullish, 2 bearish and 3 neutral indicators. You may wish to incorporate that into your trading strategies.
Recent News
Indicators
Indicator Value
52 Week High 20.0
52 Week Low 8.09
Average Volume 587
200-Day Moving Average 0.0
50-Day Moving Average 15.0071
20-Day Moving Average 16.2385
10-Day Moving Average 14.9995
Average True Range 1.1318
ADX 15.66
+DI 36.7886
-DI 54.0215
Chandelier Exit (Long, 3 ATRs ) 16.6046
Chandelier Exit (Short, 3 ATRs ) 15.6554
Upper Bollinger Band 19.9953
Lower Bollinger Band 12.4817
Percent B (%b) -0.03
BandWidth 46.270284
MACD Line -0.3984
MACD Signal Line 0.1111
MACD Histogram -0.5095
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 12.2600
Resistance 3 (R3) 12.2600 12.2600 12.2600
Resistance 2 (R2) 12.2600 12.2600 12.2600 12.2600
Resistance 1 (R1) 12.2600 12.2600 12.2600 12.2600 12.2600
Pivot Point 12.2600 12.2600 12.2600 12.2600 12.2600
Support 1 (S1) 12.2600 12.2600 12.2600 12.2600 12.2600
Support 2 (S2) 12.2600 12.2600 12.2600 12.2600
Support 3 (S3) 12.2600 12.2600 12.2600
Support 4 (S4) 12.2600