(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 2024-11-25 View latest technical analysis
10 day averaged volume of Ahmed Steel is 5562
| Date | Daily Closing Price | Open | High | Low | Volume |
| 25 Mon Nov 2024 | 295.75 | 316.25 | 319.95 | 293.10 | 0.66 times |
| 22 Fri Nov 2024 | 308.25 | 295.20 | 313.80 | 288.00 | 0.259 times |
| 21 Thu Nov 2024 | 301.20 | 316.60 | 332.25 | 300.80 | 0.442 times |
| 19 Tue Nov 2024 | 316.60 | 336.20 | 336.20 | 313.15 | 0.204 times |
| 18 Mon Nov 2024 | 329.60 | 336.30 | 336.30 | 306.00 | 1.939 times |
| 14 Thu Nov 2024 | 320.30 | 319.25 | 336.00 | 306.35 | 0.24 times |
| 13 Wed Nov 2024 | 322.45 | 302.35 | 332.10 | 302.35 | 1.484 times |
| 12 Tue Nov 2024 | 318.25 | 334.95 | 341.85 | 318.25 | 1.107 times |
| 11 Mon Nov 2024 | 334.95 | 342.30 | 342.30 | 316.05 | 2.06 times |
| 08 Fri Nov 2024 | 326.00 | 313.30 | 326.00 | 313.30 | 2.204 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 310.5, but if it comes above 310.5, then a intra day buy could be more profitable.
If you take a sell trade below 310.5, then use 310.5 as stoploss and 282.3 as target. However if you take a buy trade in stock , then use 310.5 as stoploss and 333.95 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 |
| Upside Target | 302.35 |
| Upside Target | 313.30 |
| Upside Target | 319.95 |
| Upside Target | 336.30 |
| Upside Target | 342.30 |
| Upside Target | 346.45 |
| Upside Target | 368.05 |
| Upside Target | 391.00 |
Intraday share price targets for Ahmed Steel (AhmedSteel)
| Target Type | Value |
| Downside Intraday Target | 285.92 |
| Downside Intraday Target | 276.08 |
| Upside Intraday Target | 312.77 |
| Upside Intraday Target | 329.78 |
| Upside Intraday Target | 302.93 |
Weekly technical analysis of Ahmed Steel (AhmedSteel)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 25 Mon Nov 2024 | 295.75 | 316.25 | 319.95 | 293.10 | 0.232 times |
| 22 Fri Nov 2024 | 308.25 | 336.30 | 336.30 | 288.00 | 0.582 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 |
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 |
| 25 Mon Nov 2024 | 295.75 | 339.55 | 342.30 | 288.00 | 1.247 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 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 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 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 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 323.43 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 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 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 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 323.43 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.
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