(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 2024-08-29 View latest technical analysis
10 day averaged volume of Ahmed Steel is 5796
| Date | Daily Closing Price | Open | High | Low | Volume |
| 29 Thu Aug 2024 | 215.20 | 215.20 | 215.20 | 215.20 | 0.024 times |
| 28 Wed Aug 2024 | 219.55 | 219.55 | 219.55 | 219.55 | 0.526 times |
| 27 Tue Aug 2024 | 224.00 | 226.45 | 226.45 | 224.00 | 1.472 times |
| 26 Mon Aug 2024 | 222.05 | 221.90 | 222.05 | 213.40 | 5.13 times |
| 23 Fri Aug 2024 | 217.75 | 217.75 | 217.75 | 217.75 | 1.688 times |
| 22 Thu Aug 2024 | 213.50 | 213.50 | 213.50 | 213.50 | 0.31 times |
| 21 Wed Aug 2024 | 209.35 | 209.35 | 209.35 | 209.35 | 0.092 times |
| 20 Tue Aug 2024 | 205.25 | 205.25 | 205.25 | 205.25 | 0.622 times |
| 19 Mon Aug 2024 | 201.25 | 201.25 | 201.25 | 200.00 | 0.053 times |
| 16 Fri Aug 2024 | 197.35 | 197.35 | 197.35 | 197.35 | 0.017 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 214.8, but if it comes below 214.8, then a intra day sell could be more profitable.
If you take a sell trade below 214.8, then use 214.8 as stoploss and 194.97 as target. However if you take a buy trade in stock , then use 214.8 as stoploss and 238.7 as target.
Share price targets for Ahmed Steel (AhmedSteel)
| Target Type | Value |
| Downside Target | 36.26 |
| Downside Target | 39.84 |
| Downside Target | 46.81 |
| Downside Target | 70.96 |
| Downside Target | 103.24 |
| Downside Target | 105.30 |
| Downside Target | 152.85 |
| Downside Target | 159.00 |
| Downside Target | 168.65 |
| Downside Target | 182.45 |
| Downside Target | 197.35 |
| Downside Target | 213.40 |
| Upside Target | 217.75 |
| Upside Target | 226.45 |
Intraday share price targets for Ahmed Steel (AhmedSteel)
| Target Type | Value |
| Downside Intraday Target | 210.25 |
| Downside Intraday Target | 205.3 |
| Upside Intraday Target | 223.3 |
| Upside Intraday Target | 231.4 |
| Upside Intraday Target | 218.35 |
Weekly technical analysis of Ahmed Steel (AhmedSteel)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 29 Thu Aug 2024 | 215.20 | 221.90 | 226.45 | 213.40 | 2.585 times |
| 23 Fri Aug 2024 | 217.75 | 201.25 | 217.75 | 200.00 | 17.112 times |
| 16 Fri Aug 2024 | 197.35 | 186.05 | 197.35 | 186.05 | 0.01 times |
| 09 Fri Aug 2024 | 182.45 | 168.65 | 182.45 | 168.65 | 15.773 times |
| 02 Fri Aug 2024 | 165.35 | 152.85 | 165.35 | 152.85 | 2.556 times |
Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Ahmed Steel (AhmedSteel)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 29 Thu Aug 2024 | 215.20 | 162.15 | 226.45 | 162.15 | 8.419 times |
| 31 Wed Jul 2024 | 159.00 | 105.30 | 159.00 | 105.30 | 0.843 times |
| 28 Fri Jun 2024 | 103.24 | 72.37 | 103.24 | 72.37 | 1.151 times |
| 31 Fri May 2024 | 70.96 | 40.65 | 70.96 | 39.84 | 3.923 times |
Scroll below to view daily charts
Price has moved up this month, and volume has increased substantially. This means that the move can 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 SELL signal for Ahmed Steel in short term but the sell signal is initial and weak.
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 green color and prices are above the green 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 but buying 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 219.87 and Ahmed Steel (AhmedSteel) 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 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 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 SELL signal for Ahmed Steel in short term but the sell signal is initial and weak.
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 green color and prices are above the green 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 but buying 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 219.87 and Ahmed Steel (AhmedSteel) 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 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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