(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 2024-04-15 View latest technical analysis
10 day averaged volume of Ahmed Steel is 474
Date | Daily Closing Price | Open | High | Low | Volume |
15 Mon Apr 2024 | 45.88 | 45.88 | 45.88 | 45.88 | 0.211 times |
12 Fri Apr 2024 | 46.81 | 46.81 | 46.81 | 46.81 | 0.101 times |
10 Wed Apr 2024 | 46.81 | 44.59 | 46.81 | 44.59 | 2.314 times |
09 Tue Apr 2024 | 44.59 | 44.50 | 44.59 | 44.50 | 0.667 times |
08 Mon Apr 2024 | 42.47 | 42.47 | 42.47 | 42.47 | 2.038 times |
05 Fri Apr 2024 | 40.45 | 40.45 | 40.45 | 40.45 | 0.331 times |
04 Thu Apr 2024 | 38.53 | 36.70 | 38.53 | 36.70 | 0.268 times |
03 Wed Apr 2024 | 36.70 | 36.65 | 36.70 | 36.65 | 0.036 times |
02 Tue Apr 2024 | 36.69 | 40.44 | 40.44 | 36.65 | 0.932 times |
01 Mon Apr 2024 | 38.55 | 36.26 | 38.55 | 36.26 | 0.466 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 42.9, but if it comes below 42.9, then a intra day sell could be more profitable.
If you take a sell trade below 42.9, then use 42.9 as stoploss and 38.54 as target. However if you take a buy trade in stock , then use 42.9 as stoploss and 48.1 as target.
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 | 34.56 |
Downside Target | 36.26 |
Downside Target | 38.18 |
Downside Target | 40.20 |
Downside Target | 42.47 |
Downside Target | 44.30 |
Downside Target | 45.88 |
Upside Target | 46.81 |
Upside Target | 53.26 |
Intraday share price targets for Ahmed Steel (AhmedSteel)
Target Type | Value |
Downside Intraday Target | 45.88 |
Downside Intraday Target | 45.88 |
Downside Intraday Target | 45.88 |
Downside Intraday Target | 45.88 |
Downside Intraday Target | 45.88 |
Weekly technical analysis of Ahmed Steel (AhmedSteel)
Date | Weekly Closing Price | Open | High | Low | Volume |
15 Mon Apr 2024 | 45.88 | 45.88 | 45.88 | 45.88 | 0.041 times |
12 Fri Apr 2024 | 46.81 | 42.47 | 46.81 | 42.47 | 2.518 times |
05 Fri Apr 2024 | 40.45 | 36.26 | 40.45 | 36.26 | 0.68 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 |
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 Ahmed Steel (AhmedSteel)
Date | Monthly Closing Price | Open | High | Low | Volume |
15 Mon Apr 2024 | 45.88 | 36.26 | 46.81 | 36.26 | 0.5 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 losing momentum.
MACD generated a BUY signal for Ahmed Steel in short term and the buy signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Ahmed Steel Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! 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 coming down
CCI has generated a SELL signal for Ahmed Steel in short term but SELL signal is weak.
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 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 42.94 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 losing momentum.
MACD generated a BUY signal for Ahmed Steel in short term and the buy signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Ahmed Steel Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! 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 coming down
CCI has generated a SELL signal for Ahmed Steel in short term but SELL signal is weak.
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 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 42.94 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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