(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 2024-12-26 View latest technical analysis
10 day averaged volume of Ahmed Steel is 2031
| Date | Daily Closing Price | Open | High | Low | Volume |
| 26 Thu Dec 2024 | 253.90 | 246.40 | 257.70 | 246.40 | 0.199 times |
| 24 Tue Dec 2024 | 246.40 | 261.00 | 272.30 | 246.40 | 4.414 times |
| 23 Mon Dec 2024 | 259.35 | 269.25 | 274.00 | 252.00 | 1.776 times |
| 20 Fri Dec 2024 | 265.00 | 263.35 | 273.00 | 263.35 | 0.679 times |
| 19 Thu Dec 2024 | 277.20 | 292.00 | 292.00 | 277.20 | 0.344 times |
| 18 Wed Dec 2024 | 291.75 | 293.10 | 293.10 | 285.00 | 0.151 times |
| 17 Tue Dec 2024 | 294.90 | 304.90 | 304.90 | 280.25 | 0.305 times |
| 16 Mon Dec 2024 | 294.95 | 299.25 | 299.25 | 272.50 | 0.231 times |
| 13 Fri Dec 2024 | 286.70 | 288.00 | 288.00 | 276.00 | 0.22 times |
| 12 Thu Dec 2024 | 289.00 | 292.10 | 305.50 | 280.00 | 1.536 times |
Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 250.3, for a target of 268.6 or 283.94
Share price targets for Ahmed Steel (AhmedSteel)
| Target Type | Value |
| Downside Target | 162.15 |
| Downside Target | 196.00 |
| Downside Target | 226.45 |
| Downside Target | 246.40 |
| Upside Target | 263.35 |
| Upside Target | 272.00 |
| Upside Target | 280.00 |
| Upside Target | 290.85 |
| Upside Target | 304.90 |
| Upside Target | 309.50 |
| Upside Target | 319.95 |
| Upside Target | 342.30 |
| Upside Target | 391.00 |
Intraday share price targets for Ahmed Steel (AhmedSteel)
| Target Type | Value |
| Downside Intraday Target | 242.2 |
| Downside Intraday Target | 230.5 |
| Upside Intraday Target | 269.8 |
| Upside Intraday Target | 285.7 |
| Upside Intraday Target | 258.1 |
Weekly technical analysis of Ahmed Steel (AhmedSteel)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 26 Thu Dec 2024 | 253.90 | 269.25 | 274.00 | 246.40 | 3.736 times |
| 20 Fri Dec 2024 | 265.00 | 299.25 | 304.90 | 263.35 | 0.263 times |
| 13 Fri Dec 2024 | 286.70 | 283.90 | 305.50 | 272.00 | 1.873 times |
| 06 Fri Dec 2024 | 283.90 | 308.15 | 309.50 | 280.00 | 0.855 times |
| 29 Fri Nov 2024 | 294.90 | 316.25 | 319.95 | 282.05 | 0.521 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 |
| 26 Thu Dec 2024 | 253.90 | 308.15 | 309.50 | 246.40 | 0.567 times |
| 29 Fri Nov 2024 | 294.90 | 339.55 | 342.30 | 282.05 | 1.342 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 |
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 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 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 definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on 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 is trading near its recent LOWS in short term which reflects strong selling momentum. 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 moving up
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 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 262.11 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 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 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 definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on 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 is trading near its recent LOWS in short term which reflects strong selling momentum. 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 moving up
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 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 262.11 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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