(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 2024-03-27 View latest technical analysis
10 day averaged volume of Ahmed Steel is 154
| Date | Daily Closing Price | Open | High | Low | Volume |
| 27 Wed Mar 2024 | 36.37 | 35.49 | 36.37 | 35.49 | 0.455 times |
| 22 Fri Mar 2024 | 35.49 | 33.80 | 35.49 | 33.80 | 0.429 times |
| 20 Wed Mar 2024 | 33.80 | 33.80 | 33.80 | 33.80 | 0.039 times |
| 19 Tue Mar 2024 | 33.80 | 33.85 | 33.85 | 33.80 | 0.208 times |
| 18 Mon Mar 2024 | 33.85 | 36.31 | 36.31 | 33.85 | 0.026 times |
| 15 Fri Mar 2024 | 35.60 | 35.60 | 35.60 | 35.60 | 0.026 times |
| 14 Thu Mar 2024 | 34.00 | 35.77 | 35.77 | 33.99 | 1.377 times |
| 13 Wed Mar 2024 | 35.77 | 35.77 | 35.80 | 35.77 | 6.201 times |
| 12 Tue Mar 2024 | 37.65 | 37.65 | 37.65 | 37.65 | 0.071 times |
| 11 Mon Mar 2024 | 37.65 | 37.51 | 37.65 | 37.51 | 0.948 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 34.7 as stoploss in an intra day buy trade for a target of 38.84. However, stock will show a bearish move below 34.7.
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 | 33.80 |
| Downside Target | 35.49 |
| Downside Target | 36.31 |
| Upside Target | 37.65 |
| Upside Target | 40.10 |
| Upside Target | 40.50 |
| Upside Target | 42.20 |
| Upside Target | 44.30 |
| Upside Target | 50.33 |
| Upside Target | 53.26 |
Intraday share price targets for Ahmed Steel (AhmedSteel)
| Target Type | Value |
| Downside Intraday Target | 35.78 |
| Downside Intraday Target | 35.2 |
| Upside Intraday Target | 36.66 |
| Upside Intraday Target | 36.96 |
| Downside Intraday Target | 36.08 |
Weekly technical analysis of Ahmed Steel (AhmedSteel)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 27 Wed Mar 2024 | 36.37 | 35.49 | 36.37 | 35.49 | 0.648 times |
| 22 Fri Mar 2024 | 35.49 | 36.31 | 36.31 | 33.80 | 0.081 times |
| 15 Fri Mar 2024 | 35.60 | 37.51 | 37.65 | 33.99 | 0.527 times |
| 07 Thu Mar 2024 | 39.40 | 40.10 | 42.20 | 37.65 | 0.159 times |
| 01 Fri Mar 2024 | 40.21 | 47.94 | 50.33 | 40.10 | 1.282 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 |
| 27 Wed Mar 2024 | 36.37 | 44.30 | 44.30 | 33.80 | 0.112 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Ahmed Steel ( (AhmedSteel) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 losing momentum.
MACD generated a SELL signal for Ahmed Steel in short term and the sell signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Ahmed Steel 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. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red 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 but buying is losing momentum.
MRSI is in positive zone. This is a BUY 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 35.68 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 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 negative.
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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Ahmed Steel ( (AhmedSteel) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 losing momentum.
MACD generated a SELL signal for Ahmed Steel in short term and the sell signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Ahmed Steel 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. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red 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 but buying is losing momentum.
MRSI is in positive zone. This is a BUY 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 35.68 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 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
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