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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)

10 day averaged volume of Ashok Alco is 1763

Date Daily Closing Price Open High Low Volume
22 Wed Mar 2023 85.00 82.05 85.00 82.05 0.227 times
21 Tue Mar 2023 84.05 83.00 85.00 83.00 0.392 times
20 Mon Mar 2023 83.00 83.00 86.00 82.00 0.138 times
17 Fri Mar 2023 85.00 85.00 86.75 85.00 0.728 times
16 Thu Mar 2023 84.50 85.00 86.85 83.20 0.423 times
15 Wed Mar 2023 85.37 87.00 89.90 82.20 1.826 times
14 Tue Mar 2023 85.08 83.40 87.50 83.40 0.683 times
13 Mon Mar 2023 86.90 80.80 86.90 80.80 3.264 times
10 Fri Mar 2023 86.53 86.00 87.85 86.00 0.628 times
09 Thu Mar 2023 86.53 90.45 94.99 86.01 1.648 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 84.6 as stoploss in an intra day buy trade for a target of 86.32. However, stock will show a bearish move below 84.6.

Share price targets for Ashok Alco (AshokAlco)

Target Type Value
Downside Target 66.60
Downside Target 68.55
Downside Target 72.10
Downside Target 77.00
Downside Target 80.50
Upside Target 86.00
Upside Target 88.00
Upside Target 89.90
Upside Target 90.00
Upside Target 94.99
Upside Target 105.00

Intraday share price targets for Ashok Alco (AshokAlco)

Target Type Value
Downside Intraday Target 82.67
Downside Intraday Target 80.33
Upside Intraday Target 86.67
Upside Intraday Target 88.33
Downside Intraday Target 84.33

Weekly technical analysis of Ashok Alco (AshokAlco)

Date Weekly Closing Price Open High Low Volume
22 Wed Mar 2023 85.00 83.00 86.00 82.00 0.109 times
17 Fri Mar 2023 85.00 80.80 89.90 80.80 2.357 times
10 Fri Mar 2023 86.53 87.00 94.99 86.00 0.428 times
03 Fri Mar 2023 87.00 89.50 90.00 83.15 0.334 times
24 Fri Feb 2023 89.50 88.65 105.00 84.05 1.74 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 Ashok Alco (AshokAlco)

Date Monthly Closing Price Open High Low Volume
22 Wed Mar 2023 85.00 86.00 94.99 80.80 0.265 times
28 Tue Feb 2023 86.00 84.00 105.00 78.00 1.757 times
31 Tue Jan 2023 82.65 75.95 88.00 72.10 0.505 times
30 Fri Dec 2022 72.95 75.90 80.50 68.55 2.218 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)

Indicator Name Indicator Value Indicator Signal
ADX 19, 17, 4 Buy
MACD 1, 2Sell
Stochastics 23Sell
CCI -81Sell
RSI 48Sell
OBV 11840Sell
VWAP 86Sell
ADL 0Sell
ROC -3Sell
Force Index 0Sell

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 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 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

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

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 85.96 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.

Click here for Ashok Alco charts

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Daily charts

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

Daily chart

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