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(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 2025-02-20 View latest technical analysis

10 day averaged volume of Ahmed Steel is 2435

Date Daily Closing Price Open High Low Volume
20 Thu Feb 2025 222.80 233.00 233.00 212.25 0.101 times
19 Wed Feb 2025 222.00 225.00 225.00 215.00 0.026 times
18 Tue Feb 2025 218.85 229.85 230.00 218.40 2.964 times
17 Mon Feb 2025 229.85 251.00 251.00 227.60 1.653 times
14 Fri Feb 2025 239.55 234.35 241.20 218.30 4.369 times
13 Thu Feb 2025 229.75 224.40 236.20 224.40 0.346 times
12 Wed Feb 2025 236.20 261.00 261.00 236.20 0.233 times
11 Tue Feb 2025 248.60 261.00 274.50 248.60 0.338 times
10 Mon Feb 2025 261.65 249.95 261.80 249.95 0.009 times
07 Fri Feb 2025 249.95 249.95 249.95 249.95 0.03 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 224.5, but if it comes above 224.5, then a intra day buy could be more profitable.
If you take a sell trade below 224.5, then use 224.5 as stoploss and 211.7 as target. However if you take a buy trade in stock , then use 224.5 as stoploss and 235.1 as target.

Share price targets for Ahmed Steel (AhmedSteel)

Target Type Value
Downside Target 212.25
Downside Target 218.30
Downside Target 222.80
Upside Target 236.65
Upside Target 241.45
Upside Target 249.95
Upside Target 261.65
Upside Target 274.50
Upside Target 282.05
Upside Target 290.85
Upside Target 309.50
Upside Target 320.10
Upside Target 342.30
Upside Target 391.00

Intraday share price targets for Ahmed Steel (AhmedSteel)

Target Type Value
Downside Intraday Target 206.37
Downside Intraday Target 189.93
Upside Intraday Target 245.12
Upside Intraday Target 267.43
Upside Intraday Target 228.68

Weekly technical analysis of Ahmed Steel (AhmedSteel)

Date Weekly Closing Price Open High Low Volume
20 Thu Feb 2025 222.80 251.00 251.00 212.25 0.896 times
14 Fri Feb 2025 239.55 249.95 274.50 218.30 10.475 times
07 Fri Feb 2025 249.95 222.80 249.95 222.80 0.293 times
31 Fri Jan 2025 227.30 236.65 236.65 218.40 13.99 times
24 Fri Jan 2025 241.45 261.65 261.65 241.45 0.082 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
20 Thu Feb 2025 222.80 222.80 274.50 212.25 0.765 times
31 Fri Jan 2025 227.30 300.00 320.10 218.40 0.597 times
31 Tue Dec 2024 290.55 308.15 309.50 245.00 0.867 times
29 Fri Nov 2024 294.90 339.55 342.30 282.05 1.342 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Ahmed Steel ( (AhmedSteel) ) based on a short 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.

Price action analysis of Ahmed Steel ( (AhmedSteel) ) based on a short to mid 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.

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 SELL signal for Ahmed Steel in short term and the sell signal is strong.

Ahmed Steel Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up

CCI has generated a buy signal for Ahmed Steel in short term but BUY signal is weak.

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying might be slowing down

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 231.59 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 has given negative 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Ahmed Steel ( (AhmedSteel) ) based on a short 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.

Price action analysis of Ahmed Steel ( (AhmedSteel) ) based on a short to mid 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.

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 SELL signal for Ahmed Steel in short term and the sell signal is strong.

Ahmed Steel Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up

CCI has generated a buy signal for Ahmed Steel in short term but BUY signal is weak.

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying might be slowing down

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 231.59 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 has given negative 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

Daily charts

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