(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 2024-04-18 View latest technical analysis
10 day averaged volume of Ahmed Steel is 333
Date | Daily Closing Price | Open | High | Low | Volume |
18 Thu Apr 2024 | 44.94 | 44.94 | 44.94 | 44.94 | 0.03 times |
16 Tue Apr 2024 | 45.85 | 45.88 | 45.88 | 45.85 | 0.18 times |
15 Mon Apr 2024 | 45.88 | 45.88 | 45.88 | 45.88 | 0.3 times |
12 Fri Apr 2024 | 46.81 | 46.81 | 46.81 | 46.81 | 0.144 times |
10 Wed Apr 2024 | 46.81 | 44.59 | 46.81 | 44.59 | 3.294 times |
09 Tue Apr 2024 | 44.59 | 44.50 | 44.59 | 44.50 | 0.949 times |
08 Mon Apr 2024 | 42.47 | 42.47 | 42.47 | 42.47 | 2.901 times |
05 Fri Apr 2024 | 40.45 | 40.45 | 40.45 | 40.45 | 0.471 times |
04 Thu Apr 2024 | 38.53 | 36.70 | 38.53 | 36.70 | 0.381 times |
03 Wed Apr 2024 | 36.70 | 36.65 | 36.70 | 36.65 | 0.051 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 44.1, but if it comes below 44.1, then a intra day sell could be more profitable.
If you take a sell trade below 44.1, then use 44.1 as stoploss and 39.41 as target. However if you take a buy trade in stock , then use 44.1 as stoploss and 49.8 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 | 44.94 |
Upside 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 | 44.63 |
Downside Intraday Target | 44.31 |
Upside Intraday Target | 45.57 |
Upside Intraday Target | 46.19 |
Upside Intraday Target | 45.25 |
Weekly technical analysis of Ahmed Steel (AhmedSteel)
Date | Weekly Closing Price | Open | High | Low | Volume |
18 Thu Apr 2024 | 44.94 | 45.88 | 45.88 | 44.94 | 0.07 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 |
18 Thu Apr 2024 | 44.94 | 36.26 | 46.81 | 36.26 | 0.51 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this 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 negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Ahmed Steel is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 44.3 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 positive
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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this 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 negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Ahmed Steel is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 44.3 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
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