(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 2024-09-04 View latest technical analysis
10 day averaged volume of Ahmed Steel is 5549
| Date | Daily Closing Price | Open | High | Low | Volume |
| 04 Wed Sep 2024 | 200.00 | 199.15 | 206.65 | 199.15 | 5.053 times |
| 03 Tue Sep 2024 | 202.60 | 202.60 | 202.60 | 202.60 | 0.094 times |
| 02 Mon Sep 2024 | 206.70 | 206.70 | 206.70 | 206.70 | 0.171 times |
| 30 Fri Aug 2024 | 210.90 | 210.90 | 210.90 | 210.90 | 0.081 times |
| 29 Thu Aug 2024 | 215.20 | 215.20 | 215.20 | 215.20 | 0.025 times |
| 28 Wed Aug 2024 | 219.55 | 219.55 | 219.55 | 219.55 | 0.55 times |
| 27 Tue Aug 2024 | 224.00 | 226.45 | 226.45 | 224.00 | 1.538 times |
| 26 Mon Aug 2024 | 222.05 | 221.90 | 222.05 | 213.40 | 5.358 times |
| 23 Fri Aug 2024 | 217.75 | 217.75 | 217.75 | 217.75 | 1.763 times |
| 22 Thu Aug 2024 | 213.50 | 213.50 | 213.50 | 213.50 | 0.324 times |
Stock of Ahmed Steel (AhmedSteel) has showed a significant fall. This could be a good time to exit from this stock.
My analysis of stock is bearish for shortterm, and stock might move down till 188.4 or till 171.3. Use a stoploss of 202.58 and if the stock hits stoploss, then it can shoot up till 216.78
Share price targets for Ahmed Steel (AhmedSteel)
| Target Type | Value |
| Downside Target | 39.84 |
| Downside Target | 70.96 |
| Downside Target | 103.24 |
| Downside Target | 105.30 |
| Downside Target | 159.00 |
| Downside Target | 168.65 |
| Downside Target | 182.45 |
| Downside Target | 197.35 |
| Upside Target | 206.70 |
| Upside Target | 210.90 |
| Upside Target | 217.75 |
| Upside Target | 226.45 |
Intraday share price targets for Ahmed Steel (AhmedSteel)
| Target Type | Value |
| Downside Intraday Target | 197.2 |
| Downside Intraday Target | 194.4 |
| Upside Intraday Target | 204.75 |
| Upside Intraday Target | 209.5 |
| Upside Intraday Target | 201.95 |
Weekly technical analysis of Ahmed Steel (AhmedSteel)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 04 Wed Sep 2024 | 200.00 | 206.70 | 206.70 | 199.15 | 0.704 times |
| 30 Fri Aug 2024 | 210.90 | 221.90 | 226.45 | 210.90 | 2.613 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 |
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 |
| 04 Wed Sep 2024 | 200.00 | 206.70 | 206.70 | 199.15 | 0.188 times |
| 30 Fri Aug 2024 | 210.90 | 162.15 | 226.45 | 162.15 | 8.443 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 |
Scroll below to view daily charts
Price has moved down 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 neutral. A longer time frame might give a better analysis.
Price action analysis of Ahmed Steel ( (AhmedSteel) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 Weak and stock is gaining 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 LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Ahmed Steel in short term and SELL signal is strong!
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 213.65 and Ahmed Steel (AhmedSteel) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
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 has given negative 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 neutral. A longer time frame might give a better analysis.
Price action analysis of Ahmed Steel ( (AhmedSteel) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 Weak and stock is gaining 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 LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Ahmed Steel in short term and SELL signal is strong!
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 213.65 and Ahmed Steel (AhmedSteel) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
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 has given negative 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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