(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 2024-12-30 View latest technical analysis
10 day averaged volume of Ahmed Steel is 2695
| Date | Daily Closing Price | Open | High | Low | Volume |
| 30 Mon Dec 2024 | 278.65 | 266.00 | 279.40 | 252.80 | 1.342 times |
| 27 Fri Dec 2024 | 266.10 | 266.50 | 266.55 | 245.00 | 3.731 times |
| 26 Thu Dec 2024 | 253.90 | 246.40 | 257.70 | 246.40 | 0.15 times |
| 24 Tue Dec 2024 | 246.40 | 261.00 | 272.30 | 246.40 | 3.326 times |
| 23 Mon Dec 2024 | 259.35 | 269.25 | 274.00 | 252.00 | 1.338 times |
| 20 Fri Dec 2024 | 265.00 | 263.35 | 273.00 | 263.35 | 0.512 times |
| 19 Thu Dec 2024 | 277.20 | 292.00 | 292.00 | 277.20 | 0.259 times |
| 18 Wed Dec 2024 | 291.75 | 293.10 | 293.10 | 285.00 | 0.114 times |
| 17 Tue Dec 2024 | 294.90 | 304.90 | 304.90 | 280.25 | 0.23 times |
| 16 Mon Dec 2024 | 294.95 | 299.25 | 299.25 | 272.50 | 0.174 times |
My analysis of stock is bearish for shortterm, and stock might move down till 266.5 or till 248.8. Use a stoploss of 281.21 and if the stock hits stoploss, then it can shoot up till 295.93
Share price targets for Ahmed Steel (AhmedSteel)
| Target Type | Value |
| Downside Target | 162.15 |
| Downside Target | 196.00 |
| Downside Target | 226.45 |
| Downside Target | 245.00 |
| Downside Target | 252.80 |
| Downside Target | 263.35 |
| Downside Target | 272.00 |
| Upside Target | 290.85 |
| Upside Target | 304.90 |
| Upside Target | 305.50 |
| Upside Target | 309.50 |
| Upside Target | 342.30 |
| Upside Target | 391.00 |
Intraday share price targets for Ahmed Steel (AhmedSteel)
| Target Type | Value |
| Downside Intraday Target | 261.17 |
| Downside Intraday Target | 243.68 |
| Upside Intraday Target | 287.77 |
| Upside Intraday Target | 296.88 |
| Downside Intraday Target | 270.28 |
Weekly technical analysis of Ahmed Steel (AhmedSteel)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 30 Mon Dec 2024 | 278.65 | 266.00 | 279.40 | 252.80 | 0.157 times |
| 27 Fri Dec 2024 | 266.10 | 269.25 | 274.00 | 245.00 | 6.632 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 |
Price has moved up 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 |
| 30 Mon Dec 2024 | 278.65 | 308.15 | 309.50 | 245.00 | 0.778 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 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 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 Weak and stock is losing momentum.
MACD generated a SELL signal for Ahmed Steel in short term and the sell signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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 in or above the red cloud Prices appear to be moving up
CCI has generated a buy signal for Ahmed Steel in short term but BUY 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 262.28 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 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 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 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 Weak and stock is losing momentum.
MACD generated a SELL signal for Ahmed Steel in short term and the sell signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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 in or above the red cloud Prices appear to be moving up
CCI has generated a buy signal for Ahmed Steel in short term but BUY 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 262.28 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 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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