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(AshokAlco) Ashok Alco complete technical analysis [charts+indicators] | Buy/Sell Ashok Alco | (AshokAlco) share price targets

Complete technical analysis of Ashok Alco (AshokAlco) by charts plus indicators, forecast predictions and share price targets for Ashok Alco (AshokAlco)

Showing technical analysis as on 2023-09-20 View latest technical analysis

10 day averaged volume of Ashok Alco is 6575

Date	Daily Closing Price	Open	High	Low	Volume
20 Wed Sep 2023	114.50	113.75	116.40	111.70	0.419 times
18 Mon Sep 2023	113.75	118.00	118.00	111.70	0.54 times
15 Fri Sep 2023	113.80	114.15	115.85	112.00	0.515 times
14 Thu Sep 2023	113.80	112.20	115.95	111.45	0.392 times
13 Wed Sep 2023	111.95	115.00	115.00	110.50	0.482 times
12 Tue Sep 2023	111.80	123.80	123.80	105.35	1.298 times
11 Mon Sep 2023	120.50	125.70	125.70	120.00	0.774 times
08 Fri Sep 2023	121.80	122.20	127.20	119.00	0.714 times
07 Thu Sep 2023	122.20	125.95	129.00	121.50	0.698 times
06 Wed Sep 2023	126.55	115.00	134.90	115.00	4.004 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 113.2 as stoploss in an intra day buy trade for a target of 117.21. However, stock will show a bearish move below 113.2.

Share price targets for Ashok Alco (AshokAlco)

Target Type	Value
Downside Target	88.05
Downside Target	90.00
Downside Target	96.00
Downside Target	102.25
Downside Target	105.35
Downside Target	108.65
Downside Target	111.70
Upside Target	115.00
Upside Target	118.00
Upside Target	122.40
Upside Target	124.90
Upside Target	125.70
Upside Target	134.90
Upside Target	135.33

Intraday share price targets for Ashok Alco (AshokAlco)

Target Type	Value
Downside Intraday Target	111.47
Downside Intraday Target	108.43
Upside Intraday Target	117.77
Upside Intraday Target	121.03
Upside Intraday Target	114.73

Weekly technical analysis of Ashok Alco (AshokAlco)

Date	Weekly Closing Price	Open	High	Low	Volume
20 Wed Sep 2023	114.50	118.00	118.00	111.70	0.277 times
15 Fri Sep 2023	113.80	125.70	125.70	105.35	0.492 times
08 Fri Sep 2023	121.80	123.70	134.90	115.00	1.047 times
01 Fri Sep 2023	120.65	112.95	122.40	112.00	1.084 times
25 Fri Aug 2023	112.70	110.50	124.90	108.65	2.522 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 Ashok Alco (AshokAlco)

Date	Monthly Closing Price	Open	High	Low	Volume
20 Wed Sep 2023	114.50	121.40	134.90	105.35	0.431 times
31 Thu Aug 2023	118.60	110.60	124.90	102.25	0.483 times
31 Mon Jul 2023	110.67	95.77	135.33	91.62	6.836 times
30 Fri Jun 2023	95.77	94.00	112.00	90.00	1.434 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 Ashok Alco (AshokAlco)

Price action analysis of Ashok Alco ( (AshokAlco) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Ashok Alco ( (AshokAlco) ) based on a short 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 Ashok Alco ( (AshokAlco) ) 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 Ashok Alco ( (AshokAlco) ) 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 Ashok Alco stock for short term is BUY. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Ashok Alco in short term but the sell signal is initial and weak.

Ashok Alco Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

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 Ashok Alco in short term and SELL signal is strong!

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in negative zone. This is the SELL zone

Stock of Ashok Alco is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 120.37 and Ashok Alco (AshokAlco) 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 Ashok Alco (AshokAlco) stock. Volume based technical analysis of Ashok Alco (AshokAlco) stock is negative.

Ashok Alco Stock has given negative 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.