(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 2024-03-01 View latest technical analysis
10 day averaged volume of Ahmed Steel is 2714
| Date | Daily Closing Price | Open | High | Low | Volume |
| 01 Fri Mar 2024 | 40.21 | 44.30 | 44.30 | 40.10 | 0.594 times |
| 29 Thu Feb 2024 | 42.21 | 42.91 | 45.00 | 42.00 | 0.746 times |
| 28 Wed Feb 2024 | 42.91 | 46.23 | 46.25 | 42.30 | 3.299 times |
| 27 Tue Feb 2024 | 44.10 | 47.99 | 48.05 | 44.10 | 0.929 times |
| 26 Mon Feb 2024 | 45.77 | 47.94 | 50.33 | 45.60 | 0.254 times |
| 23 Fri Feb 2024 | 47.94 | 45.00 | 47.94 | 45.00 | 0.313 times |
| 22 Thu Feb 2024 | 45.66 | 48.66 | 48.66 | 45.15 | 2.584 times |
| 21 Wed Feb 2024 | 46.35 | 47.95 | 48.56 | 43.94 | 1.076 times |
| 20 Tue Feb 2024 | 46.25 | 46.25 | 46.25 | 46.24 | 0.246 times |
| 19 Mon Feb 2024 | 44.07 | 43.79 | 46.91 | 42.45 | 0.322 times |
Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 40.3, for a target of 43.4 or 46.03
Share price targets for Ahmed Steel (AhmedSteel)
| Target Type | Value |
| Downside Target | 22.50 |
| Downside Target | 24.50 |
| Downside Target | 25.97 |
| Downside Target | 27.60 |
| Downside Target | 31.45 |
| Downside Target | 33.26 |
| Downside Target | 40.10 |
| Upside Target | 42.45 |
| Upside Target | 44.30 |
| Upside Target | 48.66 |
| Upside Target | 50.33 |
| Upside Target | 52.60 |
| Upside Target | 53.26 |
Intraday share price targets for Ahmed Steel (AhmedSteel)
| Target Type | Value |
| Downside Intraday Target | 36.76 |
| Downside Intraday Target | 33.32 |
| Upside Intraday Target | 46.99 |
| Upside Intraday Target | 53.78 |
| Upside Intraday Target | 43.55 |
Weekly technical analysis of Ahmed Steel (AhmedSteel)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 01 Fri Mar 2024 | 40.21 | 47.94 | 50.33 | 40.10 | 1.282 times |
| 23 Fri Feb 2024 | 47.94 | 43.79 | 48.66 | 42.45 | 1.397 times |
| 16 Fri Feb 2024 | 44.68 | 52.60 | 52.60 | 44.32 | 0.675 times |
| 09 Fri Feb 2024 | 51.32 | 46.66 | 53.26 | 42.50 | 1.873 times |
| 02 Fri Feb 2024 | 44.64 | 35.70 | 44.64 | 33.26 | 1.164 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 |
| 01 Fri Mar 2024 | 40.21 | 44.30 | 44.30 | 40.10 | 0.032 times |
| 29 Thu Feb 2024 | 42.21 | 40.50 | 53.26 | 40.20 | 1.535 times |
| 31 Wed Jan 2024 | 40.50 | 32.55 | 40.50 | 27.60 | 1.33 times |
| 29 Fri Dec 2023 | 31.00 | 24.50 | 31.45 | 24.50 | 1.687 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 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 short 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 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 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 SELL. 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 44.19 and Ahmed Steel (AhmedSteel) 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 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 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 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 short 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 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 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 SELL. 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 44.19 and Ahmed Steel (AhmedSteel) 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 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 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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