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

(ASHOKAMET) Ashoka Metcast complete technical analysis [charts+indicators] | Buy/Sell Ashoka Metcast | (ASHOKAMET) share price targets

Complete technical analysis of Ashoka Metcast (ASHOKAMET) by charts plus indicators, forecast predictions and share price targets for Ashoka Metcast (ASHOKAMET)

Showing technical analysis as on 2024-06-04 View latest technical analysis

10 day averaged volume of Ashoka Metcast is 780595

Date	Daily Closing Price	Open	High	Low	Volume
04 Tue Jun 2024	22.00	22.90	22.90	22.00	0.215 times
03 Mon Jun 2024	23.15	25.00	25.55	23.15	2.424 times
31 Fri May 2024	24.35	23.45	24.35	22.30	1.582 times
30 Thu May 2024	22.15	22.15	22.15	21.70	1.422 times
29 Wed May 2024	20.15	20.15	20.15	19.00	0.968 times
28 Tue May 2024	18.35	18.50	18.95	18.05	0.06 times
27 Mon May 2024	18.15	18.80	19.90	18.00	0.131 times
02 Tue Jan 2024	31.95	33.15	34.00	30.10	0.455 times
01 Mon Jan 2024	32.55	35.20	35.70	32.10	1.025 times
29 Fri Dec 2023	34.50	29.20	34.50	28.15	1.189 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 20.6 as stoploss in an intra day buy trade for a target of 24.85. However, stock will show a bearish move below 20.6.

Share price targets for Ashoka Metcast (ASHOKAMET)

Target Type	Value
Downside Target	18.00
Downside Target	18.95
Downside Target	20.20
Downside Target	21.20
Downside Target	21.95
Upside Target	24.15
Upside Target	25.55
Upside Target	26.80
Upside Target	30.10
Upside Target	34.50
Upside Target	35.70

Intraday share price targets for Ashoka Metcast (ASHOKAMET)

Target Type	Value
Downside Intraday Target	20.82
Downside Intraday Target	19.63
Upside Intraday Target	24.37
Upside Intraday Target	26.73
Upside Intraday Target	23.18

Weekly technical analysis of Ashoka Metcast (ASHOKAMET)

Date	Weekly Closing Price	Open	High	Low	Volume
04 Tue Jun 2024	22.00	25.00	25.55	22.00	0.634 times
31 Fri May 2024	24.35	18.80	24.35	18.00	2.813 times
02 Tue Jan 2024	31.95	35.20	35.70	30.10	0.338 times
29 Fri Dec 2023	34.50	25.00	34.50	24.15	3.46 times
22 Fri Dec 2023	25.15	25.00	26.80	21.20	0.566 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 Ashoka Metcast (ASHOKAMET)

Date	Monthly Closing Price	Open	High	Low	Volume
04 Tue Jun 2024	22.00	25.00	25.55	22.00	0.634 times
31 Fri May 2024	24.35	18.80	24.35	18.00	2.813 times
02 Tue Jan 2024	31.95	35.20	35.70	30.10	0.18 times
29 Fri Dec 2023	34.50	20.75	34.50	20.20	4.042 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 Ashoka Metcast (ASHOKAMET)

Price action analysis of Ashoka Metcast ( (ASHOKAMET) ) 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 Ashoka Metcast ( (ASHOKAMET) ) based on a short 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 Ashoka Metcast ( (ASHOKAMET) ) based on a short to mid 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 Ashoka Metcast ( (ASHOKAMET) ) 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 Ashoka Metcast stock for short term is BUY. Signal strength is Weak and stock is losing momentum.

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

Ashoka Metcast 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 red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Ashoka Metcast in short term and SELL 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 Ashoka Metcast is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 25.63 and Ashoka Metcast (ASHOKAMET) 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 Ashoka Metcast (ASHOKAMET) stock. Volume based technical analysis of Ashoka Metcast (ASHOKAMET) stock is negative.

Ashoka Metcast 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.