(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 2024-08-30 View latest technical analysis
10 day averaged volume of Ahmed Steel is 5759
| Date | Daily Closing Price | Open | High | Low | Volume |
| 30 Fri Aug 2024 | 210.90 | 210.90 | 210.90 | 210.90 | 0.078 times |
| 29 Thu Aug 2024 | 215.20 | 215.20 | 215.20 | 215.20 | 0.024 times |
| 28 Wed Aug 2024 | 219.55 | 219.55 | 219.55 | 219.55 | 0.53 times |
| 27 Tue Aug 2024 | 224.00 | 226.45 | 226.45 | 224.00 | 1.482 times |
| 26 Mon Aug 2024 | 222.05 | 221.90 | 222.05 | 213.40 | 5.163 times |
| 23 Fri Aug 2024 | 217.75 | 217.75 | 217.75 | 217.75 | 1.699 times |
| 22 Thu Aug 2024 | 213.50 | 213.50 | 213.50 | 213.50 | 0.312 times |
| 21 Wed Aug 2024 | 209.35 | 209.35 | 209.35 | 209.35 | 0.093 times |
| 20 Tue Aug 2024 | 205.25 | 205.25 | 205.25 | 205.25 | 0.626 times |
| 19 Mon Aug 2024 | 201.25 | 201.25 | 201.25 | 200.00 | 0.054 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 216 as stoploss in an intra day sell trade for a target of 197.41. However, stock will show a bullish move above 216.
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 | 152.85 |
| Downside Target | 159.00 |
| Downside Target | 168.65 |
| Downside Target | 182.45 |
| Downside Target | 197.35 |
| Downside Target | 210.90 |
| Upside Target | 217.75 |
| Upside Target | 226.45 |
Intraday share price targets for Ahmed Steel (AhmedSteel)
| Target Type | Value |
| Downside Intraday Target | 205.72 |
| Downside Intraday Target | 200.53 |
| Upside Intraday Target | 221.27 |
| Upside Intraday Target | 231.63 |
| Upside Intraday Target | 216.08 |
Weekly technical analysis of Ahmed Steel (AhmedSteel)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 30 Fri Aug 2024 | 210.90 | 221.90 | 226.45 | 210.90 | 2.613 times |
| 23 Fri Aug 2024 | 217.75 | 201.25 | 217.75 | 200.00 | 17.112 times |
| 16 Fri Aug 2024 | 197.35 | 186.05 | 197.35 | 186.05 | 0.01 times |
| 09 Fri Aug 2024 | 182.45 | 168.65 | 182.45 | 168.65 | 15.773 times |
| 02 Fri Aug 2024 | 165.35 | 152.85 | 165.35 | 152.85 | 2.556 times |
Price has moved down 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 |
| 30 Fri Aug 2024 | 210.90 | 162.15 | 226.45 | 162.15 | 8.443 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 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 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 Strong and stock is losing momentum.
MACD generated a SELL signal for Ahmed Steel in short term but the sell signal is initial and weak.
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 coming down
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 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 219.84 and Ahmed Steel (AhmedSteel) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
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 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 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 Strong and stock is losing momentum.
MACD generated a SELL signal for Ahmed Steel in short term but the sell signal is initial and weak.
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 coming down
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 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 219.84 and Ahmed Steel (AhmedSteel) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
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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