(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 2024-09-13 View latest technical analysis
10 day averaged volume of Ahmed Steel is 8183
| Date | Daily Closing Price | Open | High | Low | Volume |
| 13 Fri Sep 2024 | 229.60 | 229.60 | 229.60 | 229.60 | 0.197 times |
| 12 Thu Sep 2024 | 225.10 | 225.10 | 225.10 | 225.10 | 0.5 times |
| 11 Wed Sep 2024 | 220.70 | 220.70 | 220.70 | 220.65 | 3.07 times |
| 10 Tue Sep 2024 | 216.40 | 216.40 | 216.40 | 216.40 | 0.036 times |
| 09 Mon Sep 2024 | 212.20 | 212.20 | 212.20 | 212.20 | 0.215 times |
| 06 Fri Sep 2024 | 208.05 | 208.05 | 208.05 | 208.05 | 0.288 times |
| 05 Thu Sep 2024 | 204.00 | 204.00 | 204.00 | 196.00 | 2.231 times |
| 04 Wed Sep 2024 | 200.00 | 199.15 | 206.65 | 199.15 | 3.426 times |
| 03 Tue Sep 2024 | 202.60 | 202.60 | 202.60 | 202.60 | 0.064 times |
| 02 Mon Sep 2024 | 206.70 | 206.70 | 206.70 | 206.70 | 0.116 times |
Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 231.6, for a target of 221.6 or 213.21
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 | 186.05 |
| Downside Target | 196.00 |
| Downside Target | 208.05 |
| Downside Target | 212.20 |
| Downside Target | 217.75 |
| Downside Target | 226.45 |
| Downside Target | 229.60 |
Intraday share price targets for Ahmed Steel (AhmedSteel)
| Target Type | Value |
| Downside Intraday Target | 218 |
| Downside Intraday Target | 206.4 |
| Upside Intraday Target | 235.4 |
| Upside Intraday Target | 241.2 |
| Downside Intraday Target | 223.8 |
Weekly technical analysis of Ahmed Steel (AhmedSteel)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 13 Fri Sep 2024 | 229.60 | 212.20 | 229.60 | 212.20 | 0.656 times |
| 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 |
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 |
| 13 Fri Sep 2024 | 229.60 | 206.70 | 229.60 | 196.00 | 0.529 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 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 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 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.
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 stronger in this stock.
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 positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 209.6 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 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 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.
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 stronger in this stock.
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 positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 209.6 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.
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