[moreButton]
 Learn then Earn

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(ASHAPURMIN_BE) Ashapura Minechem complete technical analysis [charts+indicators] | Buy/Sell Ashapura Minechem | (ASHAPURMIN_BE) share price targets

Complete technical analysis of Ashapura Minechem (ASHAPURMIN_BE) by charts plus indicators, forecast predictions and share price targets for Ashapura Minechem (ASHAPURMIN_BE)

10 day averaged volume of Ashapura Minechem is 81259

Date Daily Closing Price Open High Low Volume
09 Thu Sep 2021 141.80 144.95 147.00 139.70 2.356 times
08 Wed Sep 2021 147.05 141.20 147.45 139.15 1.918 times
07 Tue Sep 2021 140.45 136.50 144.00 133.15 0.895 times
06 Mon Sep 2021 139.05 142.00 148.00 138.15 2.073 times
03 Fri Sep 2021 145.40 143.20 145.40 140.15 1.518 times
02 Thu Sep 2021 138.50 137.00 138.50 135.50 0.626 times
01 Wed Sep 2021 131.95 128.25 131.95 125.20 0.59 times
31 Tue Aug 2021 125.70 129.60 130.00 124.90 0.624 times
30 Mon Aug 2021 127.65 126.90 128.70 124.00 0.374 times
27 Fri Aug 2021 124.75 123.90 127.00 122.30 1.063 times

Stock of Ashapura Minechem (ASHAPURMIN_BE) has showed a significant fall. This could be a good time to exit from this stock.

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 142.7 as stoploss in an intra day sell trade for a target of 134.1. However, stock will show a bullish move above 142.7.

Share price targets for Ashapura Minechem (ASHAPURMIN_BE)

Target Type Value
Downside Target 25.10
Downside Target 29.95
Downside Target 116.45
Downside Target 124.00
Downside Target 131.00
Upside Target 145.30
Upside Target 148.00
Upside Target 148.90
Upside Target 152.25
Upside Target 156.50
Upside Target 170.70

Intraday share price targets for Ashapura Minechem (ASHAPURMIN_BE)

Target Type Value
Downside Intraday Target 133.97
Downside Intraday Target 126.13
Upside Intraday Target 148.82
Upside Intraday Target 155.83
Downside Intraday Target 140.98

Weekly technical analysis of Ashapura Minechem (ASHAPURMIN_BE)

Date Weekly Closing Price Open High Low Volume
09 Thu Sep 2021 141.80 142.00 148.00 133.15 1.94 times
03 Fri Sep 2021 145.40 126.90 145.40 124.00 0.813 times
27 Fri Aug 2021 124.75 128.55 134.80 116.45 2.135 times
20 Fri Aug 2021 129.00 148.90 148.90 127.10 0.275 times
13 Fri Aug 2021 146.30 140.00 152.25 125.85 1.984 times

Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Ashapura Minechem (ASHAPURMIN_BE)

Date Monthly Closing Price Open High Low Volume
09 Thu Sep 2021 141.80 128.25 148.00 125.20 0.511 times
31 Tue Aug 2021 125.70 147.45 152.25 116.45 0.955 times
30 Fri Jul 2021 146.95 153.00 156.50 131.00 0.724 times
30 Wed Jun 2021 154.60 150.00 170.70 145.30 25.845 times

Scroll below to view daily charts

Price has moved up 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 Ashapura Minechem (ASHAPURMIN_BE)

Indicator Name Indicator Value Indicator Signal
ADX 27, 18, 20 Buy
MACD 5, 3Buy
Stochastics 82Buy
CCI 68Sell
RSI 57Buy
OBV 186817Sell
VWAP 139Buy
ADL 0Sell
ROC 14Buy
Force Index 0Sell

Price action analysis of Ashapura Minechem ( (ASHAPURMIN_BE) ) based on a short term time period is

Price action analysis of Ashapura Minechem ( (ASHAPURMIN_BE) ) based on a short 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.

Price action analysis of Ashapura Minechem ( (ASHAPURMIN_BE) ) 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 Ashapura Minechem ( (ASHAPURMIN_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 Ashapura Minechem stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Ashapura Minechem in short term and the buy signal is strong.

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

Ashapura Minechem Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Ashapura Minechem in short term but SELL signal is weak.

RSI is generating a BUY signal in short term but buying is losing 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 Ashapura Minechem is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 139.08 and Ashapura Minechem (ASHAPURMIN_BE) 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 Ashapura Minechem (ASHAPURMIN_BE) stock. Volume based technical analysis of Ashapura Minechem (ASHAPURMIN_BE) stock is negative.

Ashapura Minechem 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.

Click here for Ashapura Minechem charts

Click here for further forecast and predictions for tomorrow

Daily charts

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

Daily chart

Daily analysis, news, Munafa stocks list in email:

Back to top | Use Dark Theme