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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 2025-03-24 View latest technical analysis

10 day averaged volume of Ahmed Steel is 594

Date Daily Closing Price Open High Low Volume
24 Mon Mar 2025 262.35 264.30 264.35 261.95 0.217 times
21 Fri Mar 2025 252.90 243.80 257.20 235.05 3.397 times
20 Thu Mar 2025 245.00 246.60 246.60 234.30 0.31 times
19 Wed Mar 2025 246.60 235.00 246.60 223.25 1.148 times
18 Tue Mar 2025 235.00 225.25 247.95 225.25 1.024 times
17 Mon Mar 2025 237.00 237.00 237.00 230.00 0.98 times
13 Thu Mar 2025 237.00 251.90 251.90 237.00 0.406 times
12 Wed Mar 2025 240.00 219.00 240.00 219.00 0.527 times
11 Tue Mar 2025 230.10 230.00 238.80 230.00 0.85 times
10 Mon Mar 2025 240.00 250.00 250.00 240.00 0.507 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 259.4, for a target of 247.6 or 237.69

Share price targets for Ahmed Steel (AhmedSteel)

Target Type Value
Downside Target 212.00
Downside Target 218.40
Downside Target 240.00
Downside Target 245.00
Downside Target 251.90
Downside Target 257.20
Upside Target 264.35
Upside Target 274.50
Upside Target 282.05
Upside Target 309.50
Upside Target 320.10
Upside Target 342.30

Intraday share price targets for Ahmed Steel (AhmedSteel)

Target Type Value
Downside Intraday Target 261.42
Downside Intraday Target 260.48
Upside Intraday Target 263.82
Upside Intraday Target 265.28
Upside Intraday Target 262.88

Weekly technical analysis of Ahmed Steel (AhmedSteel)

Date Weekly Closing Price Open High Low Volume
24 Mon Mar 2025 262.35 264.30 264.35 261.95 0.032 times
21 Fri Mar 2025 252.90 237.00 257.20 223.25 2.996 times
13 Thu Mar 2025 237.00 250.00 251.90 219.00 0.319 times
07 Fri Mar 2025 250.00 230.30 252.00 219.05 2.284 times
28 Fri Feb 2025 235.00 235.00 240.00 213.80 0.152 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
24 Mon Mar 2025 262.35 230.30 264.35 219.00 0.347 times
28 Fri Feb 2025 235.00 222.80 274.50 212.00 0.843 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

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 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 short 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 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 Strong and stock is gaining momentum.

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

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 red color and prices are in or above the red 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 244.28 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 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 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 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 short 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 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 Strong and stock is gaining momentum.

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

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 red color and prices are in or above the red 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 244.28 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 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 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.

Click here for Ahmed Steel charts

Click here for further forecast and predictions for tomorrow

Daily charts

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