(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)
10 day averaged volume of Ahmed Steel is 8611
| Date | Daily Closing Price | Open | High | Low | Volume |
| 03 Tue Oct 2023 | 25.37 | 25.37 | 25.37 | 25.37 | 0 times |
| 29 Fri Sep 2023 | 25.37 | 26.00 | 27.69 | 25.37 | 0.119 times |
| 28 Thu Sep 2023 | 26.70 | 26.55 | 26.70 | 26.45 | 0.025 times |
| 27 Wed Sep 2023 | 27.83 | 29.29 | 29.29 | 27.83 | 0.02 times |
| 26 Tue Sep 2023 | 29.29 | 28.45 | 29.29 | 28.45 | 4.639 times |
| 25 Mon Sep 2023 | 27.90 | 27.70 | 28.00 | 26.46 | 0.023 times |
| 22 Fri Sep 2023 | 27.78 | 27.78 | 27.78 | 26.46 | 2.625 times |
| 21 Thu Sep 2023 | 26.46 | 26.44 | 26.46 | 26.44 | 2.283 times |
| 20 Wed Sep 2023 | 25.20 | 26.00 | 26.00 | 25.20 | 0.049 times |
| 18 Mon Sep 2023 | 26.52 | 25.00 | 26.52 | 25.00 | 0.156 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 25.6, but if it comes above 25.6, then a intra day buy could be more profitable.
If you take a sell trade below 25.6, then use 25.6 as stoploss and 24 as target. However if you take a buy trade in stock , then use 25.6 as stoploss and 27.02 as target.
Share price targets for Ahmed Steel (AhmedSteel)
| Target Type | Value |
| Downside Target | 17.74 |
| Downside Target | 19.05 |
| Downside Target | 21.60 |
| Downside Target | 24.20 |
| Downside Target | 25.00 |
| Downside Target | 25.37 |
| Upside Target | 25.41 |
| Upside Target | 27.78 |
| Upside Target | 29.29 |
| Upside Target | 29.33 |
| Upside Target | 30.88 |
Intraday share price targets for Ahmed Steel (AhmedSteel)
| Target Type | Value |
| Downside Intraday Target | 25.37 |
| Downside Intraday Target | 25.37 |
| Downside Intraday Target | 25.37 |
| Downside Intraday Target | 25.37 |
| Downside Intraday Target | 25.37 |
Weekly technical analysis of Ahmed Steel (AhmedSteel)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 03 Tue Oct 2023 | 25.37 | 25.37 | 25.37 | 25.37 | 0 times |
| 29 Fri Sep 2023 | 25.37 | 27.70 | 29.29 | 25.37 | 0.944 times |
| 22 Fri Sep 2023 | 27.78 | 25.00 | 27.78 | 25.00 | 9.528 times |
| 15 Fri Sep 2023 | 25.26 | 29.33 | 29.33 | 25.26 | 0.258 times |
| 08 Fri Sep 2023 | 27.94 | 25.41 | 30.88 | 25.41 | 0.732 times |
Price has moved down 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 |
| 03 Tue Oct 2023 | 25.37 | 25.37 | 25.37 | 25.37 | 0 times |
| 29 Fri Sep 2023 | 25.37 | 26.46 | 30.88 | 24.20 | 1.156 times |
| 31 Thu Aug 2023 | 25.20 | 19.50 | 25.25 | 19.05 | 4.407 times |
| 31 Mon Jul 2023 | 19.60 | 18.42 | 21.93 | 18.00 | 1.393 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 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 Ahmed Steel ( (AhmedSteel) ) based on a short 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 Ahmed Steel ( (AhmedSteel) ) 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 Ahmed Steel ( (AhmedSteel) ) 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 Ahmed Steel stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.
MACD generated a SELL signal for Ahmed Steel in short term but the sell signal is initial and weak.
Ahmed Steel Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Ahmed Steel in short term and SELL signal is strong!
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 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 28.12 and Ahmed Steel (AhmedSteel) 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 Ahmed Steel (AhmedSteel) stock. Volume based technical analysis of Ahmed Steel (AhmedSteel) stock is negative.
Ahmed Steel 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.
Price action analysis of Ahmed Steel ( (AhmedSteel) ) 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 Ahmed Steel ( (AhmedSteel) ) based on a short 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 Ahmed Steel ( (AhmedSteel) ) 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 Ahmed Steel ( (AhmedSteel) ) 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 Ahmed Steel stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.
MACD generated a SELL signal for Ahmed Steel in short term but the sell signal is initial and weak.
Ahmed Steel Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Ahmed Steel in short term and SELL signal is strong!
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 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 28.12 and Ahmed Steel (AhmedSteel) 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 Ahmed Steel (AhmedSteel) stock. Volume based technical analysis of Ahmed Steel (AhmedSteel) stock is negative.
Ahmed Steel 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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