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(AKSHOPTFBR_BE) Aksh Optifibre complete technical analysis [charts+indicators] | Buy/Sell Aksh Optifibre | (AKSHOPTFBR_BE) share price targets

Complete technical analysis of Aksh Optifibre (AKSHOPTFBR_BE) by charts plus indicators, forecast predictions and share price targets for Aksh Optifibre (AKSHOPTFBR_BE)

Showing technical analysis as on 2024-05-03 View latest technical analysis

10 day averaged volume of Aksh Optifibre is 195512

Date	Daily Closing Price	Open	High	Low	Volume
03 Fri May 2024	9.20	9.35	9.40	9.10	0.865 times
02 Thu May 2024	9.30	9.10	9.35	9.10	1.049 times
30 Tue Apr 2024	9.25	9.25	9.40	9.20	0.926 times
29 Mon Apr 2024	9.35	9.60	9.60	9.30	1.621 times
26 Fri Apr 2024	9.65	9.60	9.95	9.45	1.678 times
25 Thu Apr 2024	9.60	9.15	9.60	9.05	2.196 times
24 Wed Apr 2024	9.15	9.20	9.35	9.10	0.422 times
23 Tue Apr 2024	9.20	9.30	9.45	9.05	0.68 times
22 Mon Apr 2024	9.15	9.15	9.35	9.15	0.547 times
19 Fri Apr 2024	9.15	9.20	9.25	8.85	0.266 times

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 9.1 as stoploss in an intra day buy trade for a target of 9.31. However, stock will show a bearish move below 9.1.

Share price targets for Aksh Optifibre (AKSHOPTFBR_BE)

Target Type	Value
Downside Target	7.90
Downside Target	8.20
Downside Target	8.80
Downside Target	9.00
Upside Target	9.40
Upside Target	9.90
Upside Target	9.95
Upside Target	10.35
Upside Target	11.05
Upside Target	11.70
Upside Target	13.60
Upside Target	14.00

Intraday share price targets for Aksh Optifibre (AKSHOPTFBR_BE)

Target Type	Value
Downside Intraday Target	9
Downside Intraday Target	8.8
Upside Intraday Target	9.5
Upside Intraday Target	9.8
Upside Intraday Target	9.3

Weekly technical analysis of Aksh Optifibre (AKSHOPTFBR_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
03 Fri May 2024	9.20	9.60	9.60	9.10	0.807 times
26 Fri Apr 2024	9.65	9.15	9.95	9.05	1.747 times
19 Fri Apr 2024	9.15	9.20	9.50	8.80	0.605 times
12 Fri Apr 2024	9.25	9.40	9.65	9.00	0.881 times
05 Fri Apr 2024	9.60	8.35	9.90	8.20	0.334 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 Aksh Optifibre (AKSHOPTFBR_BE)

Date	Monthly Closing Price	Open	High	Low	Volume
03 Fri May 2024	9.20	9.10	9.40	9.10	0.085 times
30 Tue Apr 2024	9.25	8.35	9.95	8.20	0.432 times
28 Thu Mar 2024	8.05	10.60	11.05	7.90	1.029 times
29 Thu Feb 2024	10.65	12.40	13.60	10.35	1.359 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 Aksh Optifibre (AKSHOPTFBR_BE)

Price action analysis of Aksh Optifibre ( (AKSHOPTFBR_BE) ) 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 Aksh Optifibre ( (AKSHOPTFBR_BE) ) based on a short term time period is neutral. A longer time frame might give a better analysis.

Price action analysis of Aksh Optifibre ( (AKSHOPTFBR_BE) ) based on a short to mid 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 Aksh Optifibre ( (AKSHOPTFBR_BE) ) based on a mid to longer 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.

ADX buy sell signal for Aksh Optifibre stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.

MACD generated a BUY signal for Aksh Optifibre in short term but the buy signal is initial and weak.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Aksh Optifibre 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 SELL signal for Aksh Optifibre in short term and SELL signal is strong!

RSI is generating a BUY signal in short term and the buying is gaining 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 Aksh Optifibre is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 9.39 and Aksh Optifibre (AKSHOPTFBR_BE) 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 Aksh Optifibre (AKSHOPTFBR_BE) stock. Volume based technical analysis of Aksh Optifibre (AKSHOPTFBR_BE) stock is negative.

Aksh Optifibre 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.