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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 2025-05-23 View latest technical analysis

10 day averaged volume of Ahmed Steel is 218

Date	Daily Closing Price	Open	High	Low	Volume
23 Fri May 2025	292.75	280.00	294.00	270.00	5.766 times
22 Thu May 2025	280.00	282.00	282.00	280.00	0.28 times
20 Tue May 2025	284.00	285.00	285.00	284.00	0.335 times
19 Mon May 2025	285.00	285.00	285.00	285.00	0.229 times
16 Fri May 2025	285.00	289.95	289.95	266.00	0.757 times
15 Thu May 2025	279.80	265.00	290.85	263.15	1.798 times
14 Wed May 2025	277.00	264.00	277.00	264.00	0.917 times
12 Mon May 2025	277.00	279.90	279.90	266.00	1.183 times
08 Thu May 2025	280.00	271.50	280.00	264.55	2.009 times
07 Wed May 2025	278.45	280.00	280.00	262.20	1.95 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 bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 292.4, but if it comes below 292.4, then a intra day sell could be more profitable.
If you take a sell trade below 292.4, then use 292.4 as stoploss and 285.41 as target. However if you take a buy trade in stock , then use 292.4 as stoploss and 300.8 as target.

Share price targets for Ahmed Steel (AhmedSteel)

Target Type	Value
Downside Target	212.00
Downside Target	218.40
Downside Target	262.20
Downside Target	270.00
Downside Target	280.55
Upside Target	294.00
Upside Target	297.30
Upside Target	299.75
Upside Target	303.00
Upside Target	320.10

Intraday share price targets for Ahmed Steel (AhmedSteel)

Target Type	Value
Downside Intraday Target	277.17
Downside Intraday Target	261.58
Upside Intraday Target	301.17
Upside Intraday Target	309.58
Downside Intraday Target	285.58

Weekly technical analysis of Ahmed Steel (AhmedSteel)

Date	Weekly Closing Price	Open	High	Low	Volume
23 Fri May 2025	292.75	285.00	294.00	270.00	1.42 times
16 Fri May 2025	285.00	279.90	290.85	263.15	0.093 times
08 Thu May 2025	280.00	285.50	299.75	262.20	0.556 times
02 Fri May 2025	285.50	291.40	303.00	285.50	65.826 times
24 Thu Apr 2025	297.30	285.75	297.30	285.70	0.433 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
23 Fri May 2025	292.75	285.50	299.75	262.20	0.508 times
30 Wed Apr 2025	291.30	287.95	303.00	280.55	1.756 times
28 Fri Mar 2025	287.95	230.30	287.95	219.00	0.549 times
28 Fri Feb 2025	235.00	222.80	274.50	212.00	0.843 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this 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 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 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 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 284.6 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.