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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)

Showing technical analysis as on 2024-09-06 View latest technical analysis

10 day averaged volume of Ahmed Steel is 9945

Date Daily Closing Price Open High Low Volume
06 Fri Sep 2024 208.05 208.05 208.05 208.05 0.237 times
05 Thu Sep 2024 204.00 204.00 204.00 196.00 1.835 times
04 Wed Sep 2024 200.00 199.15 206.65 199.15 2.819 times
03 Tue Sep 2024 202.60 202.60 202.60 202.60 0.053 times
02 Mon Sep 2024 206.70 206.70 206.70 206.70 0.095 times
30 Fri Aug 2024 210.90 210.90 210.90 210.90 0.045 times
29 Thu Aug 2024 215.20 215.20 215.20 215.20 0.014 times
28 Wed Aug 2024 219.55 219.55 219.55 219.55 0.307 times
27 Tue Aug 2024 224.00 226.45 226.45 224.00 0.858 times
26 Mon Aug 2024 222.05 221.90 222.05 213.40 2.99 times

My analysis of stock is bullish for shortterm, and stock might move up till 216.9 or till 230.5. Use a stoploss of 205.46 and if this stock hits its stoploss, then it can fall down till 194.06

Share price targets for Ahmed Steel (AhmedSteel)

Target Type Value
Downside Target 39.84
Downside Target 70.96
Downside Target 103.24
Downside Target 105.30
Downside Target 159.00
Downside Target 168.65
Downside Target 182.45
Downside Target 196.00
Downside Target 208.05
Upside Target 210.90
Upside Target 217.75
Upside Target 226.45

Intraday share price targets for Ahmed Steel (AhmedSteel)

Target Type Value
Downside Intraday Target 200.02
Downside Intraday Target 191.98
Upside Intraday Target 212.07
Upside Intraday Target 216.08
Downside Intraday Target 204.03

Weekly technical analysis of Ahmed Steel (AhmedSteel)

Date Weekly Closing Price Open High Low Volume
06 Fri Sep 2024 208.05 206.70 208.05 196.00 1.196 times
30 Fri Aug 2024 210.90 221.90 226.45 210.90 2.613 times
23 Fri Aug 2024 217.75 201.25 217.75 200.00 17.112 times
16 Fri Aug 2024 197.35 186.05 197.35 186.05 0.01 times
09 Fri Aug 2024 182.45 168.65 182.45 168.65 15.773 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
06 Fri Sep 2024 208.05 206.70 208.05 196.00 0.32 times
30 Fri Aug 2024 210.90 162.15 226.45 162.15 8.443 times
31 Wed Jul 2024 159.00 105.30 159.00 105.30 0.843 times
28 Fri Jun 2024 103.24 72.37 103.24 72.37 1.151 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the 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 weakening, and bulls 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 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

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 211.16 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 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the 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 weakening, and bulls 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 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

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 211.16 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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Daily charts

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