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(ASAHISONG) Asahi Songwon complete technical analysis [charts+indicators] | Buy/Sell Asahi Songwon | (ASAHISONG) share price targets

Complete technical analysis of Asahi Songwon (ASAHISONG) by charts plus indicators, forecast predictions and share price targets for Asahi Songwon (ASAHISONG)

Asahi Songwon trades in NSE in Specialty Chemicals sector.

Showing technical analysis as on 2024-02-28 View latest technical analysis

10 day averaged volume of Asahi Songwon is 34088

Date	Daily Closing Price	Open	High	Low	Volume
28 Wed Feb 2024	313.20	316.00	341.25	305.70	2.754 times
27 Tue Feb 2024	315.40	313.60	318.40	307.80	0.788 times
26 Mon Feb 2024	314.70	333.05	335.05	312.20	0.671 times
23 Fri Feb 2024	333.05	325.30	348.00	322.55	2.229 times
22 Thu Feb 2024	324.75	331.05	331.05	320.60	0.237 times
21 Wed Feb 2024	331.05	330.00	344.00	319.60	1.911 times
20 Tue Feb 2024	326.15	309.10	346.90	305.60	3.405 times
19 Mon Feb 2024	308.15	307.00	312.80	304.65	0.286 times
16 Fri Feb 2024	310.35	312.80	312.80	304.95	0.198 times
15 Thu Feb 2024	308.75	310.65	311.10	307.20	0.098 times

Stock of Asahi Songwon (ASAHISONG) has showed a significant fall. This could be a good time to exit from this stock.

My analysis of stock is bearish for shortterm, and stock might move down till 305.9 or till 296. Use a stoploss of 314.11 and if the stock hits stoploss, then it can shoot up till 322.33

Share price targets for Asahi Songwon (ASAHISONG)

Target Type	Value
Downside Target	236.85
Downside Target	252.25
Downside Target	265.00
Downside Target	276.30
Downside Target	297.40
Upside Target	317.70
Upside Target	321.10
Upside Target	335.00
Upside Target	341.25
Upside Target	348.00

Intraday share price targets for Asahi Songwon (ASAHISONG)

Target Type	Value
Downside Intraday Target	298.85
Downside Intraday Target	284.5
Upside Intraday Target	334.4
Upside Intraday Target	355.6
Upside Intraday Target	320.05

Weekly technical analysis of Asahi Songwon (ASAHISONG)

Date	Weekly Closing Price	Open	High	Low	Volume
28 Wed Feb 2024	313.20	333.05	341.25	305.70	0.522 times
23 Fri Feb 2024	333.05	307.00	348.00	304.65	5.674 times
16 Fri Feb 2024	310.35	303.85	313.40	300.00	0.45 times
09 Fri Feb 2024	308.40	319.40	321.10	304.90	0.685 times
02 Fri Feb 2024	309.55	324.95	335.00	307.35	2.277 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 Asahi Songwon (ASAHISONG)

Date	Monthly Closing Price	Open	High	Low	Volume
28 Wed Feb 2024	313.20	325.90	348.00	300.00	1.001 times
31 Wed Jan 2024	325.70	308.45	335.00	297.40	1.216 times
29 Fri Dec 2023	305.80	289.35	317.70	276.30	0.494 times
30 Thu Nov 2023	286.50	261.95	309.00	252.25	4.095 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 Asahi Songwon (ASAHISONG)

Price action analysis of Asahi Songwon ( (ASAHISONG) ) 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 Asahi Songwon ( (ASAHISONG) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Asahi Songwon ( (ASAHISONG) ) based on a short to mid term time period is neutral. A longer time frame might give a better analysis.

Price action analysis of Asahi Songwon ( (ASAHISONG) ) 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 Asahi Songwon stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Asahi Songwon in short term but the sell signal is initial and weak.

Asahi Songwon 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 buy signal for Asahi Songwon in short term and BUY signal is strong.

RSI is generating a SELL signal in short term but selling 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 Asahi Songwon is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 323.18 and Asahi Songwon (ASAHISONG) 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 Asahi Songwon (ASAHISONG) stock. Volume based technical analysis of Asahi Songwon (ASAHISONG) stock is negative.

Asahi Songwon Stock is giving positive 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.