(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 2024-12-31 View latest technical analysis
10 day averaged volume of Ahmed Steel is 3012
| Date | Daily Closing Price | Open | High | Low | Volume |
| 31 Tue Dec 2024 | 290.55 | 292.50 | 292.50 | 265.00 | 1.932 times |
| 30 Mon Dec 2024 | 278.65 | 266.00 | 279.40 | 252.80 | 1.201 times |
| 27 Fri Dec 2024 | 266.10 | 266.50 | 266.55 | 245.00 | 3.339 times |
| 26 Thu Dec 2024 | 253.90 | 246.40 | 257.70 | 246.40 | 0.134 times |
| 24 Tue Dec 2024 | 246.40 | 261.00 | 272.30 | 246.40 | 2.976 times |
| 23 Mon Dec 2024 | 259.35 | 269.25 | 274.00 | 252.00 | 1.198 times |
| 20 Fri Dec 2024 | 265.00 | 263.35 | 273.00 | 263.35 | 0.458 times |
| 19 Thu Dec 2024 | 277.20 | 292.00 | 292.00 | 277.20 | 0.232 times |
| 18 Wed Dec 2024 | 291.75 | 293.10 | 293.10 | 285.00 | 0.102 times |
| 17 Tue Dec 2024 | 294.90 | 304.90 | 304.90 | 280.25 | 0.206 times |
My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 295.1 as stoploss in an intra day sell trade for a target of 280.78. However, stock will show a bullish move above 295.1.
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 |
| Downside Target | 280.00 |
| 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 | 264.73 |
| Downside Intraday Target | 238.92 |
| Upside Intraday Target | 304.43 |
| Upside Intraday Target | 318.32 |
| Downside Intraday Target | 278.62 |
Weekly technical analysis of Ahmed Steel (AhmedSteel)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 31 Tue Dec 2024 | 290.55 | 266.00 | 292.50 | 252.80 | 0.41 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 |
| 31 Tue Dec 2024 | 290.55 | 308.15 | 309.50 | 245.00 | 0.867 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 buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 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 BUY. Signal strength is Weak and stock is gaining momentum.
MACD generated a BUY signal for Ahmed Steel in short term but the buy signal is initial and weak.
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. Bulls are getting stronger in this stock.
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 and BUY signal is strong.
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
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 266.49 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 buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 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 BUY. Signal strength is Weak and stock is gaining momentum.
MACD generated a BUY signal for Ahmed Steel in short term but the buy signal is initial and weak.
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. Bulls are getting stronger in this stock.
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 and BUY signal is strong.
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
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 266.49 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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