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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 2025-02-24 View latest technical analysis

10 day averaged volume of Ahmed Steel is 2519

Date	Daily Closing Price	Open	High	Low	Volume
24 Mon Feb 2025	220.75	235.00	235.00	213.80	0.018 times
21 Fri Feb 2025	225.00	225.00	229.00	212.00	0.296 times
20 Thu Feb 2025	222.80	233.00	233.00	212.25	0.098 times
19 Wed Feb 2025	222.00	225.00	225.00	215.00	0.025 times
18 Tue Feb 2025	218.85	229.85	230.00	218.40	2.865 times
17 Mon Feb 2025	229.85	251.00	251.00	227.60	1.598 times
14 Fri Feb 2025	239.55	234.35	241.20	218.30	4.223 times
13 Thu Feb 2025	229.75	224.40	236.20	224.40	0.334 times
12 Wed Feb 2025	236.20	261.00	261.00	236.20	0.225 times
11 Tue Feb 2025	248.60	261.00	274.50	248.60	0.327 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 222.4, but if it comes above 222.4, then a intra day buy could be more profitable.
If you take a sell trade below 222.4, then use 222.4 as stoploss and 209 as target. However if you take a buy trade in stock , then use 222.4 as stoploss and 233.48 as target.

Share price targets for Ahmed Steel (AhmedSteel)

Target Type	Value
Downside Target	212.00
Downside Target	218.30
Upside Target	222.80
Upside Target	235.00
Upside Target	245.00
Upside Target	249.95
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	211.37
Downside Intraday Target	201.98
Upside Intraday Target	232.57
Upside Intraday Target	244.38
Upside Intraday Target	223.18

Weekly technical analysis of Ahmed Steel (AhmedSteel)

Date	Weekly Closing Price	Open	High	Low	Volume
24 Mon Feb 2025	220.75	235.00	235.00	213.80	0.004 times
21 Fri Feb 2025	225.00	251.00	251.00	212.00	0.954 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

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
24 Mon Feb 2025	220.75	222.80	274.50	212.00	0.789 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 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 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 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 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 coming down

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 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 231.3 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.