(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 2024-11-28 View latest technical analysis
10 day averaged volume of Ahmed Steel is 3788
| Date | Daily Closing Price | Open | High | Low | Volume |
| 28 Thu Nov 2024 | 304.45 | 304.80 | 304.80 | 289.70 | 0.436 times |
| 27 Wed Nov 2024 | 304.90 | 312.00 | 312.00 | 300.50 | 0.073 times |
| 26 Tue Nov 2024 | 300.50 | 309.05 | 309.95 | 282.05 | 0.624 times |
| 25 Mon Nov 2024 | 295.75 | 316.25 | 319.95 | 293.10 | 0.969 times |
| 22 Fri Nov 2024 | 308.25 | 295.20 | 313.80 | 288.00 | 0.38 times |
| 21 Thu Nov 2024 | 301.20 | 316.60 | 332.25 | 300.80 | 0.648 times |
| 19 Tue Nov 2024 | 316.60 | 336.20 | 336.20 | 313.15 | 0.3 times |
| 18 Mon Nov 2024 | 329.60 | 336.30 | 336.30 | 306.00 | 2.848 times |
| 14 Thu Nov 2024 | 320.30 | 319.25 | 336.00 | 306.35 | 0.352 times |
| 13 Wed Nov 2024 | 322.45 | 302.35 | 332.10 | 302.35 | 2.178 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 305.5, but if it comes above 305.5, then a intra day buy could be more profitable.
If you take a sell trade below 305.5, then use 305.5 as stoploss and 284.5 as target. However if you take a buy trade in stock , then use 305.5 as stoploss and 323.1 as target.
Share price targets for Ahmed Steel (AhmedSteel)
| Target Type | Value |
| Downside Target | 105.30 |
| Downside Target | 159.00 |
| Downside Target | 196.00 |
| Downside Target | 226.45 |
| Downside Target | 282.05 |
| Downside Target | 302.35 |
| Upside Target | 313.30 |
| Upside Target | 319.95 |
| Upside Target | 336.30 |
| Upside Target | 342.30 |
| Upside Target | 346.45 |
| Upside Target | 368.05 |
| Upside Target | 391.00 |
Intraday share price targets for Ahmed Steel (AhmedSteel)
| Target Type | Value |
| Downside Intraday Target | 284.35 |
| Downside Intraday Target | 264.25 |
| Upside Intraday Target | 322.25 |
| Upside Intraday Target | 340.05 |
| Downside Intraday Target | 302.15 |
Weekly technical analysis of Ahmed Steel (AhmedSteel)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 28 Thu Nov 2024 | 304.45 | 316.25 | 319.95 | 282.05 | 0.503 times |
| 22 Fri Nov 2024 | 308.25 | 336.30 | 336.30 | 288.00 | 0.582 times |
| 14 Thu Nov 2024 | 320.30 | 342.30 | 342.30 | 302.35 | 2.012 times |
| 08 Fri Nov 2024 | 326.00 | 339.55 | 339.55 | 313.30 | 10.555 times |
| 31 Thu Oct 2024 | 346.45 | 368.05 | 368.05 | 346.45 | 0.115 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 |
| 28 Thu Nov 2024 | 304.45 | 339.55 | 342.30 | 282.05 | 1.336 times |
| 31 Thu Oct 2024 | 346.45 | 290.85 | 391.00 | 290.85 | 0.359 times |
| 30 Mon Sep 2024 | 285.15 | 206.70 | 285.15 | 196.00 | 0.858 times |
| 30 Fri Aug 2024 | 210.90 | 162.15 | 226.45 | 162.15 | 8.443 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 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Ahmed Steel ( (AhmedSteel) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Ahmed Steel ( (AhmedSteel) ) based on a mid to longer 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.
ADX buy sell signal for Ahmed Steel stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Ahmed Steel in short term and the sell signal is strong.
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. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red 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 SELL signal in short term but selling is losing 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 316.77 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 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 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Ahmed Steel ( (AhmedSteel) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Ahmed Steel ( (AhmedSteel) ) based on a mid to longer 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.
ADX buy sell signal for Ahmed Steel stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Ahmed Steel in short term and the sell signal is strong.
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. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red 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 SELL signal in short term but selling is losing 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 316.77 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 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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