Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2025-05-05 View latest technical analysis

10 day averaged volume of Ahmed Steel is 2067

Date	Daily Closing Price	Open	High	Low	Volume
05 Mon May 2025	276.00	285.50	299.75	271.25	4.82 times
02 Fri May 2025	285.50	285.50	285.50	285.50	0.22 times
30 Wed Apr 2025	291.30	297.20	303.00	291.30	0.247 times
29 Tue Apr 2025	297.20	285.60	297.20	285.60	8.902 times
28 Mon Apr 2025	291.40	291.40	291.40	291.40	0.154 times
24 Thu Apr 2025	297.30	297.30	297.30	297.30	0.01 times
22 Tue Apr 2025	291.50	285.70	291.50	285.70	0.127 times
21 Mon Apr 2025	291.50	285.75	291.50	285.75	0.008 times
17 Thu Apr 2025	291.50	291.60	291.60	291.50	0.003 times
16 Wed Apr 2025	291.90	291.90	291.90	291.90	0.049 times

Stock of Ahmed Steel (AhmedSteel) has showed a significant fall. This could be a good time to exit from this stock.

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 274.4, for a target of 282.7 or 289.67

Share price targets for Ahmed Steel (AhmedSteel)

Target Type	Value
Downside Target	212.00
Downside Target	218.40
Downside Target	271.25
Upside Target	280.55
Upside Target	291.95
Upside Target	297.30
Upside Target	299.00
Upside Target	299.75
Upside Target	303.00
Upside Target	320.10

Intraday share price targets for Ahmed Steel (AhmedSteel)

Target Type	Value
Downside Intraday Target	264.92
Downside Intraday Target	253.83
Upside Intraday Target	293.42
Upside Intraday Target	310.83
Upside Intraday Target	282.33

Weekly technical analysis of Ahmed Steel (AhmedSteel)

Date	Weekly Closing Price	Open	High	Low	Volume
05 Mon May 2025	276.00	285.50	299.75	271.25	0.506 times
02 Fri May 2025	285.50	291.40	303.00	285.50	65.826 times
24 Thu Apr 2025	297.30	285.75	297.30	285.70	0.433 times
17 Thu Apr 2025	291.50	280.55	291.95	280.55	0.97 times
11 Fri Apr 2025	286.25	299.00	299.00	286.25	0.112 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
05 Mon May 2025	276.00	285.50	299.75	271.25	0.382 times
30 Wed Apr 2025	291.30	287.95	303.00	280.55	1.756 times
28 Fri Mar 2025	287.95	230.30	287.95	219.00	0.549 times
28 Fri Feb 2025	235.00	222.80	274.50	212.00	0.843 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 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 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 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 SELL signal for Ahmed Steel in short term but the sell signal is initial and weak.

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 green color and prices are in or below 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 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 289.76 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 positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.