(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 2024-03-05 View latest technical analysis
10 day averaged volume of Ahmed Steel is 2856
Date | Daily Closing Price | Open | High | Low | Volume |
05 Tue Mar 2024 | 41.40 | 37.65 | 41.40 | 37.65 | 0.279 times |
04 Mon Mar 2024 | 39.50 | 40.10 | 42.20 | 38.20 | 0.459 times |
01 Fri Mar 2024 | 40.21 | 44.30 | 44.30 | 40.10 | 0.565 times |
29 Thu Feb 2024 | 42.21 | 42.91 | 45.00 | 42.00 | 0.709 times |
28 Wed Feb 2024 | 42.91 | 46.23 | 46.25 | 42.30 | 3.135 times |
27 Tue Feb 2024 | 44.10 | 47.99 | 48.05 | 44.10 | 0.883 times |
26 Mon Feb 2024 | 45.77 | 47.94 | 50.33 | 45.60 | 0.241 times |
23 Fri Feb 2024 | 47.94 | 45.00 | 47.94 | 45.00 | 0.298 times |
22 Thu Feb 2024 | 45.66 | 48.66 | 48.66 | 45.15 | 2.455 times |
21 Wed Feb 2024 | 46.35 | 47.95 | 48.56 | 43.94 | 1.022 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 42.4, but if it comes above 42.4, then a intra day buy could be more profitable.
If you take a sell trade below 42.4, then use 42.4 as stoploss and 38.6 as target. However if you take a buy trade in stock , then use 42.4 as stoploss and 45.52 as target.
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 | 37.65 |
Downside Target | 40.10 |
Upside Target | 42.20 |
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 | 38.63 |
Downside Intraday Target | 35.87 |
Upside Intraday Target | 43.18 |
Upside Intraday Target | 44.97 |
Downside Intraday Target | 40.42 |
Weekly technical analysis of Ahmed Steel (AhmedSteel)
Date | Weekly Closing Price | Open | High | Low | Volume |
05 Tue Mar 2024 | 41.40 | 40.10 | 42.20 | 37.65 | 0.134 times |
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 |
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 |
05 Tue Mar 2024 | 41.40 | 44.30 | 44.30 | 37.65 | 0.074 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 Strong 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 weakening, and bulls are picking up momentum!
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be moving up
CCI has generated a buy signal for Ahmed Steel in short term but BUY signal is weak.
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 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 43.86 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 Strong 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 weakening, and bulls are picking up momentum!
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be moving up
CCI has generated a buy signal for Ahmed Steel in short term but BUY signal is weak.
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 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 43.86 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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