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(AsianPaints) Asian Paints complete technical analysis [charts+indicators] | Buy/Sell Asian Paints | (AsianPaints) share price targets

Complete technical analysis of Asian Paints (AsianPaints) by charts plus indicators, forecast predictions and share price targets for Asian Paints (AsianPaints)

10 day averaged volume of Asian Paints is 76428

Date Daily Closing Price Open High Low Volume
06 Thu May 2021 2548.85 2565.25 2580.00 2528.65 0.819 times
05 Wed May 2021 2567.65 2620.20 2620.20 2546.00 0.975 times
04 Tue May 2021 2588.15 2585.00 2617.15 2571.70 1.128 times
03 Mon May 2021 2583.15 2512.00 2593.00 2506.35 0.807 times
30 Fri Apr 2021 2540.10 2561.00 2604.20 2525.00 1.415 times
29 Thu Apr 2021 2613.55 2632.00 2641.90 2570.35 0.852 times
28 Wed Apr 2021 2616.00 2594.90 2621.00 2576.70 0.962 times
27 Tue Apr 2021 2574.65 2555.00 2578.70 2535.00 0.314 times
26 Mon Apr 2021 2557.85 2534.90 2574.00 2532.50 0.807 times
23 Fri Apr 2021 2518.20 2524.30 2564.00 2496.25 0.758 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 2543.6 as stoploss in an intra day buy trade for a target of 2583.83. However, stock will show a bearish move below 2543.6.

Share price targets for Asian Paints (AsianPaints)

Target Type Value
Downside Target 2261.45
Downside Target 2400.00
Downside Target 2484.05
Upside Target 2620.20
Upside Target 2641.90
Upside Target 2645.80
Upside Target 2667.05
Upside Target 2692.40
Upside Target 2871.40

Intraday share price targets for Asian Paints (AsianPaints)

Target Type Value
Downside Intraday Target 2496.73
Downside Intraday Target 2444.62
Upside Intraday Target 2610.58
Upside Intraday Target 2672.32
Upside Intraday Target 2558.47

Weekly technical analysis of Asian Paints (AsianPaints)

Date Weekly Closing Price Open High Low Volume
06 Thu May 2021 2548.85 2512.00 2620.20 2506.35 0.857 times
30 Fri Apr 2021 2540.10 2534.90 2641.90 2525.00 0.739 times
23 Fri Apr 2021 2518.20 2630.00 2645.80 2488.05 1.627 times
16 Fri Apr 2021 2665.80 2585.00 2692.40 2537.00 0.484 times
09 Fri Apr 2021 2628.65 2545.50 2667.05 2484.05 2.717 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 Asian Paints (AsianPaints)

Date Monthly Closing Price Open High Low Volume
06 Thu May 2021 2548.85 2512.00 2620.20 2506.35 0.169 times
30 Fri Apr 2021 2540.10 2536.75 2692.40 2484.05 0.796 times
31 Wed Mar 2021 2536.75 2300.10 2583.00 2300.00 0.546 times
26 Fri Feb 2021 2277.45 2435.00 2555.00 2261.45 1.16 times

Scroll below to view daily charts

Price has moved up 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 Asian Paints (AsianPaints)

Indicator Name Indicator Value Indicator Signal
ADX 19, 22, 9 Sell
MACD 33, 42Sell
Stochastics 51None
CCI -55Sell
RSI 50Buy
OBV 89243Sell
VWAP 2570Sell
ADL 0Sell
ROC 2Buy
Force Index 0Sell

Price action analysis of Asian Paints ( (AsianPaints) ) 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 Asian Paints ( (AsianPaints) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Asian Paints ( (AsianPaints) ) based on a short to mid 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 Asian Paints ( (AsianPaints) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Asian Paints stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.

MACD generated a SELL signal for Asian Paints in short term but the sell signal is initial and weak.

Asian Paints 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 tired and bears are picking up momentum.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Asian Paints in short term and SELL 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

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Asian Paints is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 2570.32 and Asian Paints (AsianPaints) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.

People seem to be coming out and selling the Asian Paints (AsianPaints) stock. Volume based technical analysis of Asian Paints (AsianPaints) stock is negative.

Asian Paints Stock is giving positive returns over a short term period. Returns for a longer term period have been positive

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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