(AhmedSteel) Ahmed Steel complete technical analysis [charts+indicators] | Buy/Sell Ahmed Steel | (AhmedSteel) share price targets
Complete technical analysis of Ahmed Steel (AhmedSteel) by charts plus indicators, forecast predictions and share price targets for Ahmed Steel (AhmedSteel)
Showing technical analysis as on 2024-04-04 View latest technical analysis
10 day averaged volume of Ahmed Steel is 221
Date | Daily Closing Price | Open | High | Low | Volume |
04 Thu Apr 2024 | 38.53 | 36.70 | 38.53 | 36.70 | 0.575 times |
03 Wed Apr 2024 | 36.70 | 36.65 | 36.70 | 36.65 | 0.077 times |
02 Tue Apr 2024 | 36.69 | 40.44 | 40.44 | 36.65 | 2 times |
01 Mon Apr 2024 | 38.55 | 36.26 | 38.55 | 36.26 | 1 times |
28 Thu Mar 2024 | 37.00 | 38.18 | 38.18 | 34.56 | 6.1 times |
27 Wed Mar 2024 | 36.37 | 35.49 | 36.37 | 35.49 | 0.317 times |
22 Fri Mar 2024 | 35.49 | 33.80 | 35.49 | 33.80 | 0.299 times |
20 Wed Mar 2024 | 33.80 | 33.80 | 33.80 | 33.80 | 0.027 times |
19 Tue Mar 2024 | 33.80 | 33.85 | 33.85 | 33.80 | 0.145 times |
18 Mon Mar 2024 | 33.85 | 36.31 | 36.31 | 33.85 | 0.018 times |
My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 39.3 as stoploss in an intra day sell trade for a target of 37.07. However, stock will show a bullish move above 39.3.
Share price targets for Ahmed Steel (AhmedSteel)
Target Type | Value |
Downside Target | 24.50 |
Downside Target | 27.60 |
Downside Target | 31.45 |
Downside Target | 33.80 |
Downside Target | 36.26 |
Downside Target | 37.65 |
Upside Target | 40.20 |
Upside Target | 40.44 |
Upside Target | 40.50 |
Upside Target | 42.20 |
Upside Target | 44.30 |
Upside Target | 53.26 |
Intraday share price targets for Ahmed Steel (AhmedSteel)
Target Type | Value |
Downside Intraday Target | 36.38 |
Downside Intraday Target | 34.23 |
Upside Intraday Target | 40.56 |
Upside Intraday Target | 42.59 |
Downside Intraday Target | 38.41 |
Weekly technical analysis of Ahmed Steel (AhmedSteel)
Date | Weekly Closing Price | Open | High | Low | Volume |
04 Thu Apr 2024 | 38.53 | 36.26 | 40.44 | 36.26 | 0.569 times |
28 Thu Mar 2024 | 37.00 | 35.49 | 38.18 | 34.56 | 13.13 times |
22 Fri Mar 2024 | 35.49 | 36.31 | 36.31 | 33.80 | 0.081 times |
15 Fri Mar 2024 | 35.60 | 37.51 | 37.65 | 33.99 | 0.527 times |
07 Thu Mar 2024 | 39.40 | 40.10 | 42.20 | 37.65 | 0.159 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 Ahmed Steel (AhmedSteel)
Date | Monthly Closing Price | Open | High | Low | Volume |
04 Thu Apr 2024 | 38.53 | 36.26 | 40.44 | 36.26 | 0.116 times |
28 Thu Mar 2024 | 37.00 | 44.30 | 44.30 | 33.80 | 0.138 times |
29 Thu Feb 2024 | 42.21 | 40.50 | 53.26 | 40.20 | 1.535 times |
31 Wed Jan 2024 | 40.50 | 32.55 | 40.50 | 27.60 | 1.33 times |
Scroll below to view daily charts
Price has moved up 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 Ahmed Steel (AhmedSteel)
Price action analysis of Ahmed Steel ( (AhmedSteel) ) 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 Ahmed Steel ( (AhmedSteel) ) 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 Ahmed Steel ( (AhmedSteel) ) based on a short to mid 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 Ahmed Steel ( (AhmedSteel) ) 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 Ahmed Steel stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a BUY signal for Ahmed Steel in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Ahmed Steel 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 in or above the red cloud Prices appear to be moving up
CCI has generated a buy signal for Ahmed Steel in short term and BUY signal is strong.
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in negative zone. This is the SELL zone
Stock of Ahmed Steel is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 37.05 and Ahmed Steel (AhmedSteel) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
People seem to be coming out and selling the Ahmed Steel (AhmedSteel) stock. Volume based technical analysis of Ahmed Steel (AhmedSteel) stock is negative.
Ahmed Steel 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.
Price action analysis of Ahmed Steel ( (AhmedSteel) ) 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 Ahmed Steel ( (AhmedSteel) ) 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 Ahmed Steel ( (AhmedSteel) ) based on a short to mid 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 Ahmed Steel ( (AhmedSteel) ) 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 Ahmed Steel stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a BUY signal for Ahmed Steel in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Ahmed Steel 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 in or above the red cloud Prices appear to be moving up
CCI has generated a buy signal for Ahmed Steel in short term and BUY signal is strong.
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in negative zone. This is the SELL zone
Stock of Ahmed Steel is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 37.05 and Ahmed Steel (AhmedSteel) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
People seem to be coming out and selling the Ahmed Steel (AhmedSteel) stock. Volume based technical analysis of Ahmed Steel (AhmedSteel) stock is negative.
Ahmed Steel 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.
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