(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 2024-11-29 View latest technical analysis
10 day averaged volume of Ahmed Steel is 3337
| Date | Daily Closing Price | Open | High | Low | Volume |
| 29 Fri Nov 2024 | 294.90 | 317.70 | 317.70 | 290.00 | 0.083 times |
| 28 Thu Nov 2024 | 304.45 | 304.80 | 304.80 | 289.70 | 0.494 times |
| 27 Wed Nov 2024 | 304.90 | 312.00 | 312.00 | 300.50 | 0.083 times |
| 26 Tue Nov 2024 | 300.50 | 309.05 | 309.95 | 282.05 | 0.709 times |
| 25 Mon Nov 2024 | 295.75 | 316.25 | 319.95 | 293.10 | 1.1 times |
| 22 Fri Nov 2024 | 308.25 | 295.20 | 313.80 | 288.00 | 0.432 times |
| 21 Thu Nov 2024 | 301.20 | 316.60 | 332.25 | 300.80 | 0.736 times |
| 19 Tue Nov 2024 | 316.60 | 336.20 | 336.20 | 313.15 | 0.34 times |
| 18 Mon Nov 2024 | 329.60 | 336.30 | 336.30 | 306.00 | 3.233 times |
| 14 Thu Nov 2024 | 320.30 | 319.25 | 336.00 | 306.35 | 0.4 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 303.5, but if it comes above 303.5, then a intra day buy could be more profitable.
If you take a sell trade below 303.5, then use 303.5 as stoploss and 283.9 as target. However if you take a buy trade in stock , then use 303.5 as stoploss and 319.81 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 | 282.05 |
| 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 | 277.98 |
| Downside Intraday Target | 261.07 |
| Upside Intraday Target | 315.88 |
| Upside Intraday Target | 336.87 |
| Upside Intraday Target | 298.97 |
Weekly technical analysis of Ahmed Steel (AhmedSteel)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 29 Fri Nov 2024 | 294.90 | 316.25 | 319.95 | 282.05 | 0.521 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 |
| 29 Fri Nov 2024 | 294.90 | 339.55 | 342.30 | 282.05 | 1.342 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Ahmed Steel ( (AhmedSteel) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 and the sell signal is strong.
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 getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
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 negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling 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 314.69 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Ahmed Steel ( (AhmedSteel) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 and the sell signal is strong.
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 getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
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 negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling 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 314.69 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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