(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 124
| Date | Daily Closing Price | Open | High | Low | Volume |
| 22 Wed Mar 2023 | 19.00 | 17.55 | 19.39 | 17.55 | 2.516 times |
| 21 Tue Mar 2023 | 18.47 | 18.47 | 18.47 | 18.47 | 0.016 times |
| 20 Mon Mar 2023 | 19.44 | 19.44 | 19.44 | 19.44 | 0.008 times |
| 17 Fri Mar 2023 | 19.44 | 19.59 | 19.59 | 17.79 | 4.839 times |
| 16 Thu Mar 2023 | 18.72 | 18.72 | 18.72 | 18.72 | 0.089 times |
| 14 Tue Mar 2023 | 19.70 | 19.75 | 19.75 | 19.70 | 0.177 times |
| 10 Fri Mar 2023 | 18.81 | 18.81 | 18.81 | 18.81 | 1.645 times |
| 09 Thu Mar 2023 | 19.80 | 20.00 | 20.00 | 18.81 | 0.645 times |
| 08 Wed Mar 2023 | 19.80 | 19.85 | 19.85 | 19.80 | 0.685 times |
| 06 Mon Mar 2023 | 19.85 | 18.44 | 19.85 | 18.44 | 1.008 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, and stock might move up till 19.5 or till 20.2. Use a stoploss of 18.99 and if this stock hits its stoploss, then it can fall down till 18.45
Share price targets for Ahmed Steel (AhmedSteel)
| Target Type | Value |
| Downside Target | 16.55 |
| Downside Target | 17.25 |
| Downside Target | 18.44 |
| Downside Target | 18.95 |
| Upside Target | 19.44 |
| Upside Target | 19.70 |
| Upside Target | 19.75 |
| Upside Target | 20.00 |
| Upside Target | 21.00 |
| Upside Target | 21.10 |
Intraday share price targets for Ahmed Steel (AhmedSteel)
| Target Type | Value |
| Downside Intraday Target | 17.89 |
| Downside Intraday Target | 16.77 |
| Upside Intraday Target | 19.78 |
| Upside Intraday Target | 20.55 |
| Downside Intraday Target | 18.66 |
Weekly technical analysis of Ahmed Steel (AhmedSteel)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 22 Wed Mar 2023 | 19.00 | 19.44 | 19.44 | 17.55 | 0.498 times |
| 17 Fri Mar 2023 | 19.44 | 19.75 | 19.75 | 17.79 | 1.281 times |
| 10 Fri Mar 2023 | 18.81 | 18.44 | 20.00 | 18.44 | 2.111 times |
| 03 Fri Mar 2023 | 18.91 | 18.05 | 18.95 | 18.01 | 0.056 times |
| 24 Fri Feb 2023 | 18.95 | 18.70 | 19.70 | 18.45 | 0.318 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 |
| 22 Wed Mar 2023 | 19.00 | 18.95 | 20.00 | 17.55 | 0.04 times |
| 28 Tue Feb 2023 | 18.05 | 19.30 | 21.10 | 17.50 | 1.937 times |
| 31 Tue Jan 2023 | 18.40 | 18.45 | 21.00 | 16.55 | 0.717 times |
| 30 Fri Dec 2022 | 19.40 | 18.15 | 19.50 | 16.80 | 3.31 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)
| Indicator Name | Indicator Value | Indicator Signal |
| ADX | 31, 33, 3 | Sell |
| MACD | 0, 0 | Sell |
| Stochastics | 55 | None |
| CCI | -78 | Buy |
| RSI | 47 | Sell |
| OBV | -2943 | Sell |
| VWAP | 19 | Sell |
| ADL | 0 | Sell |
| ROC | 0 | Buy |
| Force Index | 0 | Sell |
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 SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Ahmed Steel in short term but the sell signal is initial and weak.
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. Bulls are getting tired and bears are picking up momentum.
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 but BUY signal is weak.
RSI is generating a SELL signal in short term and selling is picking up 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 19.33 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 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.
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