(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 2024-11-08 View latest technical analysis
10 day averaged volume of Ahmed Steel is 690
| Date | Daily Closing Price | Open | High | Low | Volume |
| 08 Fri Nov 2024 | 326.00 | 313.30 | 326.00 | 313.30 | 17.765 times |
| 07 Thu Nov 2024 | 319.65 | 319.65 | 319.65 | 319.65 | 0.499 times |
| 06 Wed Nov 2024 | 326.15 | 326.15 | 326.15 | 326.15 | 0.248 times |
| 05 Tue Nov 2024 | 332.80 | 332.80 | 332.80 | 332.80 | 0.159 times |
| 04 Mon Nov 2024 | 339.55 | 339.55 | 339.55 | 339.55 | 0.925 times |
| 31 Thu Oct 2024 | 346.45 | 346.45 | 346.45 | 346.45 | 0.013 times |
| 30 Wed Oct 2024 | 353.50 | 353.50 | 353.50 | 353.50 | 0.125 times |
| 29 Tue Oct 2024 | 360.70 | 360.70 | 360.70 | 360.70 | 0.103 times |
| 28 Mon Oct 2024 | 368.05 | 368.05 | 368.05 | 368.05 | 1.616 times |
| 25 Fri Oct 2024 | 375.55 | 375.55 | 375.55 | 375.55 | 0.725 times |
Stock of Ahmed Steel (AhmedSteel) has showed a significant upmove. This could be a good time to enter in this stock!
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 333.6, but if it comes above 333.6, then a intra day buy could be more profitable.
If you take a sell trade below 333.6, then use 333.6 as stoploss and 308.7 as target. However if you take a buy trade in stock , then use 333.6 as stoploss and 354.38 as target.
Share price targets for Ahmed Steel (AhmedSteel)
| Target Type | Value |
| Downside Target | 105.30 |
| Downside Target | 159.00 |
| Downside Target | 196.00 |
| Downside Target | 226.45 |
| Downside Target | 285.15 |
| Downside Target | 290.85 |
| Downside Target | 313.30 |
| Upside Target | 333.90 |
| Upside Target | 346.45 |
| Upside Target | 368.05 |
| Upside Target | 368.50 |
| Upside Target | 375.00 |
| Upside Target | 391.00 |
Intraday share price targets for Ahmed Steel (AhmedSteel)
| Target Type | Value |
| Downside Intraday Target | 313.02 |
| Downside Intraday Target | 300.03 |
| Upside Intraday Target | 339.27 |
| Upside Intraday Target | 352.53 |
| Upside Intraday Target | 326.28 |
Weekly technical analysis of Ahmed Steel (AhmedSteel)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 08 Fri Nov 2024 | 326.00 | 339.55 | 339.55 | 313.30 | 10.555 times |
| 31 Thu Oct 2024 | 346.45 | 368.05 | 368.05 | 346.45 | 0.115 times |
| 25 Fri Oct 2024 | 375.55 | 375.85 | 391.00 | 375.00 | 2.17 times |
| 18 Fri Oct 2024 | 368.50 | 340.55 | 368.50 | 340.55 | 0.254 times |
| 11 Fri Oct 2024 | 333.90 | 301.90 | 333.90 | 296.50 | 0.941 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 |
| 08 Fri Nov 2024 | 326.00 | 339.55 | 339.55 | 313.30 | 0.28 times |
| 31 Thu Oct 2024 | 346.45 | 290.85 | 391.00 | 290.85 | 0.359 times |
| 30 Mon Sep 2024 | 285.15 | 206.70 | 285.15 | 196.00 | 0.858 times |
| 30 Fri Aug 2024 | 210.90 | 162.15 | 226.45 | 162.15 | 8.443 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 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 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 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 is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of green color and prices are in or below the green 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 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 331.48 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.
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 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 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 is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of green color and prices are in or below the green 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 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 331.48 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.
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