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(AshokLeyl) Ashok Leyl complete technical analysis [charts+indicators] | Buy/Sell Ashok Leyl | (AshokLeyl) share price targets

Complete technical analysis of Ashok Leyl (AshokLeyl) by charts plus indicators, forecast predictions and share price targets for Ashok Leyl (AshokLeyl)

Showing technical analysis as on 2022-11-24 View latest technical analysis

10 day averaged volume of Ashok Leyl is 673310

Date Daily Closing Price Open High Low Volume
24 Thu Nov 2022 146.15 145.90 146.75 145.00 0.81 times
23 Wed Nov 2022 145.50 145.00 146.30 144.60 0.552 times
22 Tue Nov 2022 144.10 144.00 145.25 142.40 0.856 times
21 Mon Nov 2022 143.70 144.05 144.50 141.70 0.456 times
18 Fri Nov 2022 144.75 145.05 145.80 143.00 0.8 times
17 Thu Nov 2022 144.80 147.00 147.55 143.65 1.019 times
16 Wed Nov 2022 148.00 150.15 150.70 147.10 0.838 times
15 Tue Nov 2022 150.15 152.80 153.10 149.50 0.925 times
14 Mon Nov 2022 152.80 149.60 153.50 148.70 1.316 times
11 Fri Nov 2022 147.70 151.05 153.60 145.20 2.486 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 145.2 as stoploss in an intra day buy trade for a target of 147.72. However, stock will show a bearish move below 145.2.

Share price targets for Ashok Leyl (AshokLeyl)

Target Type Value
Downside Target 139.65
Upside Target 150.45
Upside Target 153.50
Upside Target 153.60
Upside Target 154.45
Upside Target 154.70
Upside Target 158.15
Upside Target 160.30
Upside Target 169.40

Intraday share price targets for Ashok Leyl (AshokLeyl)

Target Type Value
Downside Intraday Target 142.98
Downside Intraday Target 139.82
Upside Intraday Target 148.03
Upside Intraday Target 149.92
Downside Intraday Target 144.87

Weekly technical analysis of Ashok Leyl (AshokLeyl)

Date Weekly Closing Price Open High Low Volume
24 Thu Nov 2022 146.15 144.05 146.75 141.70 0.546 times
18 Fri Nov 2022 144.75 149.60 153.50 143.00 0.847 times
11 Fri Nov 2022 147.70 147.95 153.60 144.30 0.824 times
04 Fri Nov 2022 146.70 150.35 154.70 146.25 1.192 times
28 Fri Oct 2022 149.10 145.05 150.45 142.45 1.887 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 Ashok Leyl (AshokLeyl)

Date Monthly Closing Price Open High Low Volume
24 Thu Nov 2022 146.15 154.70 154.70 141.70 0.821 times
31 Mon Oct 2022 153.25 154.10 160.30 141.70 0.764 times
30 Fri Sep 2022 152.65 155.90 169.40 146.25 1.23 times
30 Tue Aug 2022 154.00 149.80 158.15 139.65 0.883 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 Ashok Leyl (AshokLeyl)

Indicator Name Indicator Value Indicator Signal
ADX 18, 22, 10 Sell
MACD -3, -3Sell
Stochastics 30Sell
CCI -23Buy
RSI 52Buy
OBV 227686Sell
VWAP 147Sell
ADL 0Sell
ROC -0Sell
Force Index 0Sell

Price action analysis of Ashok Leyl ( (AshokLeyl) ) 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 Ashok Leyl ( (AshokLeyl) ) 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 Ashok Leyl ( (AshokLeyl) ) 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 Ashok Leyl ( (AshokLeyl) ) 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 Ashok Leyl stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Ashok Leyl 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.

Ashok Leyl 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 buy signal for Ashok Leyl in short term but BUY signal is weak.

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 Ashok Leyl is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 147.36 and Ashok Leyl (AshokLeyl) 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 Ashok Leyl (AshokLeyl) stock. Volume based technical analysis of Ashok Leyl (AshokLeyl) stock is negative.

Ashok Leyl 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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Daily charts

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Daily chart

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