(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 2024-08-06 View latest technical analysis
10 day averaged volume of Ahmed Steel is 9735
| Date | Daily Closing Price | Open | High | Low | Volume |
| 06 Tue Aug 2024 | 172.00 | 172.00 | 172.00 | 172.00 | 0.029 times |
| 05 Mon Aug 2024 | 168.65 | 168.65 | 168.65 | 168.65 | 9.157 times |
| 02 Fri Aug 2024 | 165.35 | 165.35 | 165.35 | 165.35 | 0.084 times |
| 01 Thu Aug 2024 | 162.15 | 162.15 | 162.15 | 162.15 | 0.18 times |
| 31 Wed Jul 2024 | 159.00 | 159.00 | 159.00 | 159.00 | 0.008 times |
| 30 Tue Jul 2024 | 155.90 | 155.90 | 155.90 | 155.90 | 0.031 times |
| 29 Mon Jul 2024 | 152.85 | 152.85 | 152.85 | 152.85 | 0.318 times |
| 26 Fri Jul 2024 | 149.90 | 149.90 | 149.90 | 149.90 | 0.152 times |
| 25 Thu Jul 2024 | 147.00 | 147.00 | 147.00 | 147.00 | 0.022 times |
| 24 Wed Jul 2024 | 144.15 | 144.15 | 144.15 | 144.15 | 0.021 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 159.9, but if it comes below 159.9, then a intra day sell could be more profitable.
If you take a sell trade below 159.9, then use 159.9 as stoploss and 143.64 as target. However if you take a buy trade in stock , then use 159.9 as stoploss and 179.4 as target.
Share price targets for Ahmed Steel (AhmedSteel)
| Target Type | Value |
| Downside Target | 36.26 |
| Downside Target | 39.84 |
| Downside Target | 46.81 |
| Downside Target | 70.96 |
| Downside Target | 103.24 |
| Downside Target | 105.30 |
| Downside Target | 116.10 |
| Downside Target | 125.60 |
| Downside Target | 135.90 |
| Downside Target | 149.90 |
| Downside Target | 159.00 |
| Downside Target | 165.35 |
| Downside Target | 168.65 |
| Downside Target | 172.00 |
Intraday share price targets for Ahmed Steel (AhmedSteel)
| Target Type | Value |
| Downside Intraday Target | 169.77 |
| Downside Intraday Target | 167.53 |
| Upside Intraday Target | 173.12 |
| Upside Intraday Target | 174.23 |
| Downside Intraday Target | 170.88 |
Weekly technical analysis of Ahmed Steel (AhmedSteel)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 06 Tue Aug 2024 | 172.00 | 168.65 | 172.00 | 168.65 | 14.793 times |
| 02 Fri Aug 2024 | 165.35 | 152.85 | 165.35 | 152.85 | 2.556 times |
| 26 Fri Jul 2024 | 149.90 | 138.60 | 149.90 | 138.60 | 0.7 times |
| 19 Fri Jul 2024 | 135.90 | 128.10 | 135.90 | 128.10 | 1.134 times |
| 12 Fri Jul 2024 | 125.60 | 116.10 | 125.60 | 116.10 | 0.468 times |
Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Ahmed Steel (AhmedSteel)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 06 Tue Aug 2024 | 172.00 | 162.15 | 172.00 | 162.15 | 4.954 times |
| 31 Wed Jul 2024 | 159.00 | 105.30 | 159.00 | 105.30 | 0.843 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 |
Scroll below to view daily charts
Price has moved up this month, and volume has increased substantially. This means that the move can 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 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.
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 167.58 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 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.
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 167.58 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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