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(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 739

Date Daily Closing Price Open High Low Volume
19 Fri Jul 2024 135.90 135.90 135.90 135.00 3.188 times
18 Thu Jul 2024 133.25 133.25 133.25 133.25 0.382 times
16 Tue Jul 2024 130.65 130.65 130.65 130.65 1.001 times
15 Mon Jul 2024 128.10 128.10 128.10 128.10 0.001 times
12 Fri Jul 2024 125.60 125.60 125.60 125.60 1.909 times
11 Thu Jul 2024 123.15 123.15 123.15 123.15 0.252 times
10 Wed Jul 2024 120.75 120.75 120.75 120.75 0.043 times
09 Tue Jul 2024 118.40 118.40 118.40 118.40 0.609 times
08 Mon Jul 2024 116.10 116.10 116.10 116.10 1.218 times
05 Fri Jul 2024 113.85 113.85 113.85 113.85 2.857 times

Stock of Ahmed Steel (AhmedSteel) has showed a significant upmove. This could be a good time to enter in this stock!

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 126.4, but if it comes below 126.4, then a intra day sell could be more profitable.
If you take a sell trade below 126.4, then use 126.4 as stoploss and 113.38 as target. However if you take a buy trade in stock , then use 126.4 as stoploss and 141.9 as target.

Share price targets for Ahmed Steel (AhmedSteel)

Target Type Value
Downside Target 33.80
Downside Target 36.26
Downside Target 39.84
Downside Target 44.30
Downside Target 46.81
Downside Target 70.96
Downside Target 88.15
Downside Target 93.53
Downside Target 103.24
Downside Target 105.30
Downside Target 113.85
Downside Target 125.60
Downside Target 128.10
Downside Target 135.90

Intraday share price targets for Ahmed Steel (AhmedSteel)

Target Type Value
Downside Intraday Target 130.7
Downside Intraday Target 125.5
Upside Intraday Target 138.5
Upside Intraday Target 141.1
Downside Intraday Target 133.3

Weekly technical analysis of Ahmed Steel (AhmedSteel)

Date Weekly Closing Price Open High Low Volume
19 Fri Jul 2024 135.90 128.10 135.90 128.10 1.134 times
12 Fri Jul 2024 125.60 116.10 125.60 116.10 0.468 times
05 Fri Jul 2024 113.85 105.30 113.85 105.30 0.885 times
28 Fri Jun 2024 103.24 93.53 103.24 93.53 2.547 times
21 Fri Jun 2024 93.53 88.15 93.53 88.15 0.678 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
19 Fri Jul 2024 135.90 105.30 135.90 105.30 0.578 times
28 Fri Jun 2024 103.24 72.37 103.24 72.37 1.151 times
31 Fri May 2024 70.96 40.65 70.96 39.84 3.923 times
26 Fri Apr 2024 40.65 36.26 46.81 36.26 0.698 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 Ahmed Steel (AhmedSteel)

Price action analysis of Ahmed Steel ( (AhmedSteel) ) based on a short term time period is neutral. A longer time frame might give a better analysis.

Price action analysis of Ahmed Steel ( (AhmedSteel) ) based on a short term time period is neutral. A longer time frame might give a better analysis.

Price action analysis of Ahmed Steel ( (AhmedSteel) ) based on a short to mid term time period is neutral. A longer time frame might give a better analysis.

Price action analysis of Ahmed Steel ( (AhmedSteel) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.

ADX buy sell signal for Ahmed Steel stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Ahmed Steel in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Ahmed Steel Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green 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 selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 124.77 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 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 neutral. A longer time frame might give a better analysis.

Price action analysis of Ahmed Steel ( (AhmedSteel) ) based on a short term time period is neutral. A longer time frame might give a better analysis.

Price action analysis of Ahmed Steel ( (AhmedSteel) ) based on a short to mid term time period is neutral. A longer time frame might give a better analysis.

Price action analysis of Ahmed Steel ( (AhmedSteel) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.

ADX buy sell signal for Ahmed Steel stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Ahmed Steel in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Ahmed Steel Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green 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 selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 124.77 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 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.

Click here for Ahmed Steel charts

Click here for further forecast and predictions for tomorrow

Daily charts

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