(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 2024-04-01 View latest technical analysis
10 day averaged volume of Ahmed Steel is 271
Date | Daily Closing Price | Open | High | Low | Volume |
01 Mon Apr 2024 | 38.55 | 36.26 | 38.55 | 36.26 | 0.815 times |
28 Thu Mar 2024 | 37.00 | 38.18 | 38.18 | 34.56 | 4.974 times |
27 Wed Mar 2024 | 36.37 | 35.49 | 36.37 | 35.49 | 0.258 times |
22 Fri Mar 2024 | 35.49 | 33.80 | 35.49 | 33.80 | 0.244 times |
20 Wed Mar 2024 | 33.80 | 33.80 | 33.80 | 33.80 | 0.022 times |
19 Tue Mar 2024 | 33.80 | 33.85 | 33.85 | 33.80 | 0.118 times |
18 Mon Mar 2024 | 33.85 | 36.31 | 36.31 | 33.85 | 0.015 times |
15 Fri Mar 2024 | 35.60 | 35.60 | 35.60 | 35.60 | 0.015 times |
14 Thu Mar 2024 | 34.00 | 35.77 | 35.77 | 33.99 | 0.782 times |
13 Wed Mar 2024 | 35.77 | 35.77 | 35.80 | 35.77 | 3.524 times |
My analysis of stock is bullish for shortterm, and stock might move up till 41 or till 44.7. Use a stoploss of 37.93 and if this stock hits its stoploss, then it can fall down till 34.84
Share price targets for Ahmed Steel (AhmedSteel)
Target Type | Value |
Downside Target | 24.50 |
Downside Target | 27.60 |
Downside Target | 31.45 |
Downside Target | 33.80 |
Downside Target | 36.26 |
Downside Target | 37.65 |
Downside Target | 38.55 |
Upside Target | 40.20 |
Upside Target | 40.50 |
Upside Target | 42.20 |
Upside Target | 44.30 |
Upside Target | 53.26 |
Intraday share price targets for Ahmed Steel (AhmedSteel)
Target Type | Value |
Downside Intraday Target | 37.02 |
Downside Intraday Target | 35.5 |
Upside Intraday Target | 39.31 |
Upside Intraday Target | 40.08 |
Downside Intraday Target | 37.79 |
Weekly technical analysis of Ahmed Steel (AhmedSteel)
Date | Weekly Closing Price | Open | High | Low | Volume |
01 Mon Apr 2024 | 38.55 | 36.26 | 38.55 | 36.26 | 0.156 times |
28 Thu Mar 2024 | 37.00 | 35.49 | 38.18 | 34.56 | 13.13 times |
22 Fri Mar 2024 | 35.49 | 36.31 | 36.31 | 33.80 | 0.081 times |
15 Fri Mar 2024 | 35.60 | 37.51 | 37.65 | 33.99 | 0.527 times |
07 Thu Mar 2024 | 39.40 | 40.10 | 42.20 | 37.65 | 0.159 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 Ahmed Steel (AhmedSteel)
Date | Monthly Closing Price | Open | High | Low | Volume |
01 Mon Apr 2024 | 38.55 | 36.26 | 38.55 | 36.26 | 0.032 times |
28 Thu Mar 2024 | 37.00 | 44.30 | 44.30 | 33.80 | 0.138 times |
29 Thu Feb 2024 | 42.21 | 40.50 | 53.26 | 40.20 | 1.535 times |
31 Wed Jan 2024 | 40.50 | 32.55 | 40.50 | 27.60 | 1.33 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 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 short 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 short to mid 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 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 BUY signal for Ahmed Steel in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Ahmed Steel Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
Ichimoku cloud is of red color Prices appear to be moving up
CCI has generated a buy signal for Ahmed Steel in short term and BUY signal is strong.
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in negative zone. This is the SELL 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 36.4 and Ahmed Steel (AhmedSteel) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 negative.
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 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 short 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 short to mid 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 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 BUY signal for Ahmed Steel in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Ahmed Steel Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
Ichimoku cloud is of red color Prices appear to be moving up
CCI has generated a buy signal for Ahmed Steel in short term and BUY signal is strong.
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in negative zone. This is the SELL 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 36.4 and Ahmed Steel (AhmedSteel) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
Click here for Ahmed Steel charts
Click here for further forecast and predictions for tomorrow