(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 2024-12-10 View latest technical analysis
10 day averaged volume of Ahmed Steel is 1238
| Date | Daily Closing Price | Open | High | Low | Volume |
| 10 Tue Dec 2024 | 289.05 | 296.50 | 297.35 | 272.00 | 6.607 times |
| 09 Mon Dec 2024 | 283.20 | 283.90 | 293.00 | 280.00 | 0.615 times |
| 06 Fri Dec 2024 | 283.90 | 291.20 | 300.00 | 280.00 | 0.73 times |
| 05 Thu Dec 2024 | 291.00 | 284.20 | 299.00 | 280.05 | 1.422 times |
| 04 Wed Dec 2024 | 288.80 | 293.15 | 304.00 | 280.00 | 0.68 times |
| 03 Tue Dec 2024 | 293.15 | 299.10 | 305.00 | 285.00 | 1.595 times |
| 02 Mon Dec 2024 | 299.10 | 308.15 | 309.50 | 281.05 | 1.266 times |
| 29 Fri Nov 2024 | 294.90 | 317.70 | 317.70 | 290.00 | 0.223 times |
| 28 Thu Nov 2024 | 304.45 | 304.80 | 304.80 | 289.70 | 1.333 times |
| 27 Wed Nov 2024 | 304.90 | 312.00 | 312.00 | 300.50 | 0.225 times |
Stock of Ahmed Steel (AhmedSteel) has showed a significant upmove. This could be a good time to enter in this stock!
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 289.2, but if it comes above 289.2, then a intra day buy could be more profitable.
If you take a sell trade below 289.2, then use 289.2 as stoploss and 271.5 as target. However if you take a buy trade in stock , then use 289.2 as stoploss and 304.02 as target.
Share price targets for Ahmed Steel (AhmedSteel)
| Target Type | Value |
| Downside Target | 162.15 |
| Downside Target | 196.00 |
| Downside Target | 226.45 |
| Downside Target | 272.00 |
| Downside Target | 280.00 |
| Upside Target | 297.35 |
| Upside Target | 309.50 |
| Upside Target | 319.95 |
| Upside Target | 336.30 |
| Upside Target | 342.30 |
| Upside Target | 391.00 |
Intraday share price targets for Ahmed Steel (AhmedSteel)
| Target Type | Value |
| Downside Intraday Target | 274.92 |
| Downside Intraday Target | 260.78 |
| Upside Intraday Target | 300.27 |
| Upside Intraday Target | 311.48 |
| Downside Intraday Target | 286.13 |
Weekly technical analysis of Ahmed Steel (AhmedSteel)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 10 Tue Dec 2024 | 289.05 | 283.90 | 297.35 | 272.00 | 1.268 times |
| 06 Fri Dec 2024 | 283.90 | 308.15 | 309.50 | 280.00 | 0.855 times |
| 29 Fri Nov 2024 | 294.90 | 316.25 | 319.95 | 282.05 | 0.521 times |
| 22 Fri Nov 2024 | 308.25 | 336.30 | 336.30 | 288.00 | 0.582 times |
| 14 Thu Nov 2024 | 320.30 | 342.30 | 342.30 | 302.35 | 2.012 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 |
| 10 Tue Dec 2024 | 289.05 | 308.15 | 309.50 | 272.00 | 0.247 times |
| 29 Fri Nov 2024 | 294.90 | 339.55 | 342.30 | 282.05 | 1.342 times |
| 31 Thu Oct 2024 | 346.45 | 290.85 | 391.00 | 290.85 | 0.359 times |
| 30 Mon Sep 2024 | 285.15 | 206.70 | 285.15 | 196.00 | 0.858 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this 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 and the sell signal is strong.
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 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 but BUY signal is weak.
RSI is generating a SELL signal in short term but selling 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 291.76 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 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 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this 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 and the sell signal is strong.
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 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 but BUY signal is weak.
RSI is generating a SELL signal in short term but selling 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 291.76 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 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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