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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 2025-02-17 View latest technical analysis

10 day averaged volume of Ahmed Steel is 1413

Date Daily Closing Price Open High Low Volume
17 Mon Feb 2025 229.85 251.00 251.00 227.60 2.849 times
14 Fri Feb 2025 239.55 234.35 241.20 218.30 7.529 times
13 Thu Feb 2025 229.75 224.40 236.20 224.40 0.596 times
12 Wed Feb 2025 236.20 261.00 261.00 236.20 0.402 times
11 Tue Feb 2025 248.60 261.00 274.50 248.60 0.583 times
10 Mon Feb 2025 261.65 249.95 261.80 249.95 0.016 times
07 Fri Feb 2025 249.95 249.95 249.95 249.95 0.052 times
06 Thu Feb 2025 245.90 245.00 245.90 245.00 0.057 times
05 Wed Feb 2025 241.10 232.00 241.10 232.00 0.166 times
04 Tue Feb 2025 236.40 231.80 236.40 231.80 0.209 times

Stock of Ahmed Steel (AhmedSteel) has showed a significant fall. This could be a good time to exit from this stock.

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 229.3 as stoploss in an intra day buy trade for a target of 239.62. However, stock will show a bearish move below 229.3.

Share price targets for Ahmed Steel (AhmedSteel)

Target Type Value
Downside Target 218.30
Downside Target 222.80
Downside Target 227.60
Upside Target 236.65
Upside Target 241.45
Upside Target 249.95
Upside Target 261.65
Upside Target 274.50
Upside Target 282.05
Upside Target 290.85
Upside Target 309.50
Upside Target 320.10
Upside Target 342.30
Upside Target 391.00

Intraday share price targets for Ahmed Steel (AhmedSteel)

Target Type Value
Downside Intraday Target 221.3
Downside Intraday Target 212.75
Upside Intraday Target 244.7
Upside Intraday Target 259.55
Upside Intraday Target 236.15

Weekly technical analysis of Ahmed Steel (AhmedSteel)

Date Weekly Closing Price Open High Low Volume
17 Mon Feb 2025 229.85 251.00 251.00 227.60 0.312 times
14 Fri Feb 2025 239.55 249.95 274.50 218.30 10.475 times
07 Fri Feb 2025 249.95 222.80 249.95 222.80 0.293 times
31 Fri Jan 2025 227.30 236.65 236.65 218.40 13.99 times
24 Fri Jan 2025 241.45 261.65 261.65 241.45 0.082 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
17 Mon Feb 2025 229.85 222.80 274.50 218.30 0.541 times
31 Fri Jan 2025 227.30 300.00 320.10 218.40 0.597 times
31 Tue Dec 2024 290.55 308.15 309.50 245.00 0.867 times
29 Fri Nov 2024 294.90 339.55 342.30 282.05 1.342 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 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 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 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 losing momentum.

MACD generated a BUY signal for Ahmed Steel in short term but the buy signal is initial and weak.

Ahmed Steel Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

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 but buying is losing 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 237.25 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 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 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 losing momentum.

MACD generated a BUY signal for Ahmed Steel in short term but the buy signal is initial and weak.

Ahmed Steel Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

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 but buying is losing 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 237.25 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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