(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 2024-11-18 View latest technical analysis
10 day averaged volume of Ahmed Steel is 4073
| Date | Daily Closing Price | Open | High | Low | Volume |
| 18 Mon Nov 2024 | 329.60 | 336.30 | 336.30 | 306.00 | 2.648 times |
| 14 Thu Nov 2024 | 320.30 | 319.25 | 336.00 | 306.35 | 0.328 times |
| 13 Wed Nov 2024 | 322.45 | 302.35 | 332.10 | 302.35 | 2.026 times |
| 12 Tue Nov 2024 | 318.25 | 334.95 | 341.85 | 318.25 | 1.512 times |
| 11 Mon Nov 2024 | 334.95 | 342.30 | 342.30 | 316.05 | 2.813 times |
| 08 Fri Nov 2024 | 326.00 | 313.30 | 326.00 | 313.30 | 3.01 times |
| 07 Thu Nov 2024 | 319.65 | 319.65 | 319.65 | 319.65 | 0.084 times |
| 06 Wed Nov 2024 | 326.15 | 326.15 | 326.15 | 326.15 | 0.042 times |
| 05 Tue Nov 2024 | 332.80 | 332.80 | 332.80 | 332.80 | 0.027 times |
| 04 Mon Nov 2024 | 339.55 | 339.55 | 339.55 | 339.55 | 0.157 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 stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 324.5 as stoploss in an intra day buy trade for a target of 348.79. However, stock will show a bearish move below 324.5.
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 | 302.35 |
| Downside Target | 313.30 |
| Upside Target | 336.30 |
| Upside Target | 346.45 |
| Upside Target | 368.05 |
| Upside Target | 375.00 |
| Upside Target | 391.00 |
Intraday share price targets for Ahmed Steel (AhmedSteel)
| Target Type | Value |
| Downside Intraday Target | 311.63 |
| Downside Intraday Target | 293.67 |
| Upside Intraday Target | 341.93 |
| Upside Intraday Target | 354.27 |
| Downside Intraday Target | 323.97 |
Weekly technical analysis of Ahmed Steel (AhmedSteel)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 18 Mon Nov 2024 | 329.60 | 336.30 | 336.30 | 306.00 | 0.397 times |
| 14 Thu Nov 2024 | 320.30 | 342.30 | 342.30 | 302.35 | 2.012 times |
| 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 |
Price has moved up 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 |
| 18 Mon Nov 2024 | 329.60 | 339.55 | 342.30 | 302.35 | 1.067 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 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Ahmed Steel ( (AhmedSteel) ) based on a short to mid term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 gaining 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. 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 and the buying is gaining 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 327.24 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 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 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Ahmed Steel ( (AhmedSteel) ) based on a short to mid term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 gaining 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. 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 and the buying is gaining 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 327.24 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 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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