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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)

10 day averaged volume of Ahmed Steel is 2539

Date Daily Closing Price Open High Low Volume
02 Mon Dec 2024 299.10 308.15 309.50 281.05 0.617 times
29 Fri Nov 2024 294.90 317.70 317.70 290.00 0.109 times
28 Thu Nov 2024 304.45 304.80 304.80 289.70 0.65 times
27 Wed Nov 2024 304.90 312.00 312.00 300.50 0.109 times
26 Tue Nov 2024 300.50 309.05 309.95 282.05 0.931 times
25 Mon Nov 2024 295.75 316.25 319.95 293.10 1.445 times
22 Fri Nov 2024 308.25 295.20 313.80 288.00 0.567 times
21 Thu Nov 2024 301.20 316.60 332.25 300.80 0.967 times
19 Tue Nov 2024 316.60 336.20 336.20 313.15 0.447 times
18 Mon Nov 2024 329.60 336.30 336.30 306.00 4.249 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 302.1, but if it comes above 302.1, then a intra day buy could be more profitable.
If you take a sell trade below 302.1, then use 302.1 as stoploss and 284.2 as target. However if you take a buy trade in stock , then use 302.1 as stoploss and 317.09 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 281.05
Upside Target 302.35
Upside Target 309.50
Upside Target 313.30
Upside Target 319.95
Upside Target 336.30
Upside Target 339.55
Upside Target 342.30
Upside Target 391.00

Intraday share price targets for Ahmed Steel (AhmedSteel)

Target Type Value
Downside Intraday Target 283.6
Downside Intraday Target 268.1
Upside Intraday Target 312.05
Upside Intraday Target 325
Downside Intraday Target 296.55

Weekly technical analysis of Ahmed Steel (AhmedSteel)

Date Weekly Closing Price Open High Low Volume
02 Mon Dec 2024 299.10 308.15 309.50 281.05 0.19 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
08 Fri Nov 2024 326.00 339.55 339.55 313.30 10.555 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
02 Mon Dec 2024 299.10 308.15 309.50 281.05 0.024 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 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 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 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up

CCI has generated a SELL signal for Ahmed Steel in short term and SELL signal is strong!

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling 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 313.44 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 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 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 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up

CCI has generated a SELL signal for Ahmed Steel in short term and SELL signal is strong!

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling 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 313.44 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.

Click here for Ahmed Steel charts

Click here for further forecast and predictions for tomorrow

Daily charts

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