(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 432
|Date||Daily Closing Price||Open||High||Low||Volume|
|17 Fri Sep 2021||17.50||17.50||17.60||17.10||0.896 times|
|16 Thu Sep 2021||17.15||17.90||17.95||17.10||1.539 times|
|15 Wed Sep 2021||17.95||16.90||17.95||16.90||0.347 times|
|14 Tue Sep 2021||17.75||17.95||17.95||17.50||1.539 times|
|13 Mon Sep 2021||18.25||18.00||18.45||17.60||0.782 times|
|09 Thu Sep 2021||18.00||17.00||18.00||16.75||1.715 times|
|08 Wed Sep 2021||17.50||17.00||17.50||16.70||1.639 times|
|07 Tue Sep 2021||17.50||16.60||17.75||16.60||0.368 times|
|06 Mon Sep 2021||17.45||16.50||17.45||16.30||0.792 times|
|03 Fri Sep 2021||16.85||17.80||17.80||16.75||0.931 times|
My analysis of stock is bearish for shortterm, and stock might move down till 17.3 or till 16.8. Use a stoploss of 17.67 and if the stock hits stoploss, then it can shoot up till 18.05
Share price targets for Ahmed Steel (AhmedSteel)
Intraday share price targets for Ahmed Steel (AhmedSteel)
|Downside Intraday Target||16.78|
|Downside Intraday Target||16.07|
|Upside Intraday Target||18.33|
|Upside Intraday Target||19.17|
|Upside Intraday Target||17.62|
Weekly technical analysis of Ahmed Steel (AhmedSteel)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|17 Fri Sep 2021||17.50||18.00||18.45||16.90||1.131 times|
|09 Thu Sep 2021||18.00||16.50||18.00||16.30||0.542 times|
|03 Fri Sep 2021||16.85||18.05||18.50||16.75||0.386 times|
|27 Fri Aug 2021||18.25||18.25||18.35||16.65||1.152 times|
|20 Fri Aug 2021||17.75||17.90||18.25||16.55||1.147 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|
|17 Fri Sep 2021||17.50||17.20||18.45||16.30||0.129 times|
|31 Tue Aug 2021||18.05||16.00||22.55||16.00||1.037 times|
|30 Fri Jul 2021||16.25||15.10||17.75||14.75||1.429 times|
|30 Wed Jun 2021||15.70||14.25||18.75||14.00||0.875 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)
|Indicator Name||Indicator Value||Indicator Signal|
|ADX||14, 14, 0||Sell|
Price action analysis of Ahmed Steel ( (AhmedSteel) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 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 17.58 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.