(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 2024-07-12 View latest technical analysis
10 day averaged volume of Ahmed Steel is 955
| Date | Daily Closing Price | Open | High | Low | Volume |
| 12 Fri Jul 2024 | 125.60 | 125.60 | 125.60 | 125.60 | 1.477 times |
| 11 Thu Jul 2024 | 123.15 | 123.15 | 123.15 | 123.15 | 0.195 times |
| 10 Wed Jul 2024 | 120.75 | 120.75 | 120.75 | 120.75 | 0.034 times |
| 09 Tue Jul 2024 | 118.40 | 118.40 | 118.40 | 118.40 | 0.471 times |
| 08 Mon Jul 2024 | 116.10 | 116.10 | 116.10 | 116.10 | 0.942 times |
| 05 Fri Jul 2024 | 113.85 | 113.85 | 113.85 | 113.85 | 2.21 times |
| 04 Thu Jul 2024 | 111.65 | 111.65 | 111.65 | 111.65 | 1.335 times |
| 03 Wed Jul 2024 | 109.50 | 109.50 | 109.50 | 109.50 | 0.818 times |
| 02 Tue Jul 2024 | 107.40 | 107.40 | 107.40 | 107.40 | 1.207 times |
| 01 Mon Jul 2024 | 105.30 | 105.30 | 105.30 | 105.30 | 1.099 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 116.8, but if it comes below 116.8, then a intra day sell could be more profitable.
If you take a sell trade below 116.8, then use 116.8 as stoploss and 104.71 as target. However if you take a buy trade in stock , then use 116.8 as stoploss and 131.3 as target.
Share price targets for Ahmed Steel (AhmedSteel)
| Target Type | Value |
| Downside Target | 33.80 |
| Downside Target | 36.26 |
| Downside Target | 39.84 |
| Downside Target | 44.30 |
| Downside Target | 46.81 |
| Downside Target | 70.96 |
| Downside Target | 79.87 |
| Downside Target | 84.74 |
| Downside Target | 88.15 |
| Downside Target | 93.53 |
| Downside Target | 103.24 |
| Downside Target | 105.30 |
| Downside Target | 113.85 |
| Downside Target | 116.10 |
| Downside Target | 125.60 |
Intraday share price targets for Ahmed Steel (AhmedSteel)
| Target Type | Value |
| Downside Intraday Target | 119.27 |
| Downside Intraday Target | 112.93 |
| Upside Intraday Target | 128.77 |
| Upside Intraday Target | 131.93 |
| Downside Intraday Target | 122.43 |
Weekly technical analysis of Ahmed Steel (AhmedSteel)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 12 Fri Jul 2024 | 125.60 | 116.10 | 125.60 | 116.10 | 0.468 times |
| 05 Fri Jul 2024 | 113.85 | 105.30 | 113.85 | 105.30 | 0.885 times |
| 28 Fri Jun 2024 | 103.24 | 93.53 | 103.24 | 93.53 | 2.547 times |
| 21 Fri Jun 2024 | 93.53 | 88.15 | 93.53 | 88.15 | 0.678 times |
| 14 Fri Jun 2024 | 84.74 | 79.87 | 84.74 | 79.87 | 0.531 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 |
| 12 Fri Jul 2024 | 125.60 | 105.30 | 125.60 | 105.30 | 0.424 times |
| 28 Fri Jun 2024 | 103.24 | 72.37 | 103.24 | 72.37 | 1.151 times |
| 31 Fri May 2024 | 70.96 | 40.65 | 70.96 | 39.84 | 3.923 times |
| 26 Fri Apr 2024 | 40.65 | 36.26 | 46.81 | 36.26 | 0.698 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 neutral. A longer time frame might give a better analysis.
Price action analysis of Ahmed Steel ( (AhmedSteel) ) based on a short term time period is neutral. A longer time frame might give a better analysis.
Price action analysis of Ahmed Steel ( (AhmedSteel) ) based on a short to mid term time period is neutral. A longer time frame might give a better analysis.
Price action analysis of Ahmed Steel ( (AhmedSteel) ) 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 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.
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 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 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 selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 113.85 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 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 neutral. A longer time frame might give a better analysis.
Price action analysis of Ahmed Steel ( (AhmedSteel) ) based on a short term time period is neutral. A longer time frame might give a better analysis.
Price action analysis of Ahmed Steel ( (AhmedSteel) ) based on a short to mid term time period is neutral. A longer time frame might give a better analysis.
Price action analysis of Ahmed Steel ( (AhmedSteel) ) 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 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.
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 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 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 selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 113.85 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 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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