(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)
Showing technical analysis as on 2024-02-15 View latest technical analysis
10 day averaged volume of Ahmed Steel is 2264
| Date | Daily Closing Price | Open | High | Low | Volume |
| 15 Thu Feb 2024 | 46.65 | 46.60 | 46.65 | 46.60 | 0.313 times |
| 14 Wed Feb 2024 | 46.60 | 46.60 | 49.07 | 46.50 | 0.871 times |
| 13 Tue Feb 2024 | 46.74 | 51.45 | 51.45 | 46.61 | 1.173 times |
| 12 Mon Feb 2024 | 49.00 | 52.60 | 52.60 | 48.76 | 1.259 times |
| 09 Fri Feb 2024 | 51.32 | 53.26 | 53.26 | 48.40 | 1.939 times |
| 08 Thu Feb 2024 | 50.73 | 49.29 | 50.73 | 48.32 | 0.587 times |
| 07 Wed Feb 2024 | 48.32 | 45.01 | 48.32 | 43.73 | 0.455 times |
| 06 Tue Feb 2024 | 46.02 | 46.85 | 47.23 | 44.06 | 1.016 times |
| 05 Mon Feb 2024 | 44.99 | 46.66 | 46.87 | 42.50 | 1.773 times |
| 02 Fri Feb 2024 | 44.64 | 44.64 | 44.64 | 40.50 | 0.539 times |
My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 48.1 as stoploss in an intra day sell trade for a target of 41.99. However, stock will show a bullish move above 48.1.
Share price targets for Ahmed Steel (AhmedSteel)
| Target Type | Value |
| Downside Target | 22.25 |
| Downside Target | 24.50 |
| Downside Target | 25.97 |
| Downside Target | 27.60 |
| Downside Target | 29.02 |
| Downside Target | 31.45 |
| Downside Target | 33.26 |
| Downside Target | 34.58 |
| Downside Target | 37.80 |
| Downside Target | 40.20 |
| Downside Target | 42.50 |
| Downside Target | 44.64 |
| Downside Target | 46.50 |
| Upside Target | 52.60 |
| Upside Target | 53.26 |
Intraday share price targets for Ahmed Steel (AhmedSteel)
| Target Type | Value |
| Downside Intraday Target | 44.57 |
| Downside Intraday Target | 42.48 |
| Upside Intraday Target | 50.67 |
| Upside Intraday Target | 54.68 |
| Upside Intraday Target | 48.58 |
Weekly technical analysis of Ahmed Steel (AhmedSteel)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 15 Thu Feb 2024 | 46.65 | 52.60 | 52.60 | 46.50 | 0.627 times |
| 09 Fri Feb 2024 | 51.32 | 46.66 | 53.26 | 42.50 | 1.873 times |
| 02 Fri Feb 2024 | 44.64 | 35.70 | 44.64 | 33.26 | 1.164 times |
| 25 Thu Jan 2024 | 35.00 | 36.30 | 37.80 | 31.93 | 0.871 times |
| 19 Fri Jan 2024 | 34.58 | 32.56 | 34.58 | 29.02 | 0.499 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 |
| 15 Thu Feb 2024 | 46.65 | 40.50 | 53.26 | 40.20 | 0.71 times |
| 31 Wed Jan 2024 | 40.50 | 32.55 | 40.50 | 27.60 | 1.33 times |
| 29 Fri Dec 2023 | 31.00 | 24.50 | 31.45 | 24.50 | 1.687 times |
| 30 Thu Nov 2023 | 24.00 | 25.15 | 25.97 | 22.50 | 2.256 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)
Price action analysis of Ahmed Steel ( (AhmedSteel) ) 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 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 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 BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a BUY signal for Ahmed Steel in short term and the buy signal is strong.
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 green color and prices are above the green cloud Prices appear to be moving up
CCI has generated a SELL signal for Ahmed Steel 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 positive zone. This is a BUY zone
Stock of Ahmed Steel is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 47.71 and Ahmed Steel (AhmedSteel) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.
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.
Price action analysis of Ahmed Steel ( (AhmedSteel) ) 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 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 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 BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a BUY signal for Ahmed Steel in short term and the buy signal is strong.
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 green color and prices are above the green cloud Prices appear to be moving up
CCI has generated a SELL signal for Ahmed Steel 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 positive zone. This is a BUY zone
Stock of Ahmed Steel is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 47.71 and Ahmed Steel (AhmedSteel) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.
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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