(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 2024-04-03 View latest technical analysis
10 day averaged volume of Ahmed Steel is 241
| Date | Daily Closing Price | Open | High | Low | Volume |
| 03 Wed Apr 2024 | 36.70 | 36.65 | 36.70 | 36.65 | 0.071 times |
| 02 Tue Apr 2024 | 36.69 | 40.44 | 40.44 | 36.65 | 1.834 times |
| 01 Mon Apr 2024 | 38.55 | 36.26 | 38.55 | 36.26 | 0.917 times |
| 28 Thu Mar 2024 | 37.00 | 38.18 | 38.18 | 34.56 | 5.593 times |
| 27 Wed Mar 2024 | 36.37 | 35.49 | 36.37 | 35.49 | 0.29 times |
| 22 Fri Mar 2024 | 35.49 | 33.80 | 35.49 | 33.80 | 0.274 times |
| 20 Wed Mar 2024 | 33.80 | 33.80 | 33.80 | 33.80 | 0.025 times |
| 19 Tue Mar 2024 | 33.80 | 33.85 | 33.85 | 33.80 | 0.133 times |
| 18 Mon Mar 2024 | 33.85 | 36.31 | 36.31 | 33.85 | 0.017 times |
| 15 Fri Mar 2024 | 35.60 | 35.60 | 35.60 | 35.60 | 0.017 times |
My analysis of stock is bearish for shortterm, and stock might move down till 34.8 or till 31.8. Use a stoploss of 37.25 and if the stock hits stoploss, then it can shoot up till 39.72
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 |
| Upside Target | 37.65 |
| Upside Target | 40.20 |
| Upside Target | 40.44 |
| 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 | 35.16 |
| Downside Intraday Target | 33.62 |
| Upside Intraday Target | 39.34 |
| Upside Intraday Target | 41.98 |
| Upside Intraday Target | 37.8 |
Weekly technical analysis of Ahmed Steel (AhmedSteel)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 03 Wed Apr 2024 | 36.70 | 36.26 | 40.44 | 36.26 | 0.48 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 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 |
| 03 Wed Apr 2024 | 36.70 | 36.26 | 40.44 | 36.26 | 0.097 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 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 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 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 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 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 red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a SELL signal for Ahmed Steel in short term but SELL signal is weak.
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 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 36.96 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 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 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 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 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 red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a SELL signal for Ahmed Steel in short term but SELL signal is weak.
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 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 36.96 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
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