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

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

Showing technical analysis as on 2023-03-16 View latest technical analysis

10 day averaged volume of Afel is 43839

Date	Daily Closing Price	Open	High	Low	Volume
16 Thu Mar 2023	13.64	14.40	14.40	13.11	0.252 times
15 Wed Mar 2023	13.41	14.36	14.36	13.03	0.673 times
14 Tue Mar 2023	14.06	14.17	14.95	13.70	0.629 times
13 Mon Mar 2023	14.91	16.33	16.33	14.00	0.313 times
10 Fri Mar 2023	15.00	15.39	15.39	14.25	0.383 times
09 Thu Mar 2023	14.82	14.79	15.25	14.45	1.266 times
08 Wed Mar 2023	14.09	14.22	14.79	13.90	4.077 times
06 Mon Mar 2023	14.22	14.95	15.00	14.01	0.921 times
03 Fri Mar 2023	14.18	15.00	15.00	13.90	0.418 times
02 Thu Mar 2023	14.34	14.35	14.89	13.85	0.729 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 14, but if it comes above 14, then a intra day buy could be more profitable.
If you take a sell trade below 14, then use 14 as stoploss and 13.4 as target. However if you take a buy trade in stock , then use 14 as stoploss and 14.58 as target.

Share price targets for Afel (Afel)

Target Type	Value
Downside Target	9.71
Downside Target	12.30
Downside Target	13.03
Downside Target	13.40
Upside Target	13.81
Upside Target	15.39
Upside Target	16.10
Upside Target	16.33
Upside Target	17.60
Upside Target	19.40
Upside Target	20.50
Upside Target	20.73

Intraday share price targets for Afel (Afel)

Target Type	Value
Downside Intraday Target	12.34
Downside Intraday Target	11.03
Upside Intraday Target	15.64
Upside Intraday Target	17.63
Upside Intraday Target	14.33

Weekly technical analysis of Afel (Afel)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Thu Mar 2023	13.64	16.33	16.33	13.03	0.281 times
10 Fri Mar 2023	15.00	14.95	15.39	13.90	3.396 times
03 Fri Mar 2023	14.18	14.65	15.45	13.81	0.778 times
24 Fri Feb 2023	14.94	15.75	16.10	13.82	0.77 times
17 Fri Feb 2023	14.98	16.60	17.60	14.15	0.607 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 Afel (Afel)

Date	Monthly Closing Price	Open	High	Low	Volume
16 Thu Mar 2023	13.64	14.75	16.33	13.03	0.749 times
28 Tue Feb 2023	14.43	13.70	19.40	13.05	0.318 times
31 Tue Jan 2023	13.50	20.05	20.50	13.40	0.366 times
30 Fri Dec 2022	20.27	13.88	20.73	12.30	0.796 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 Afel (Afel)

Price action analysis of Afel ( (Afel) ) 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 Afel ( (Afel) ) 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 Afel ( (Afel) ) based on a mid to longer 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.

ADX buy sell signal for Afel stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Afel in short term and the sell signal is strong.

Afel Stock is trading near its recent LOWS in short term which reflects strong selling momentum. 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 buy signal for Afel in short term but BUY signal is weak.

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 Afel is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 14.22 and Afel (Afel) 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 Afel (Afel) stock. Volume based technical analysis of Afel (Afel) stock is negative.

Afel 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.