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(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 2024-06-07 View latest technical analysis

10 day averaged volume of Ashoka Metcast is 746815

Date	Daily Closing Price	Open	High	Low	Volume
07 Fri Jun 2024	22.60	21.65	22.65	21.60	1.008 times
06 Thu Jun 2024	21.60	20.60	21.90	20.15	2.232 times
05 Wed Jun 2024	20.90	20.90	21.50	20.90	0.183 times
04 Tue Jun 2024	22.00	22.90	22.90	22.00	0.224 times
03 Mon Jun 2024	23.15	25.00	25.55	23.15	2.534 times
31 Fri May 2024	24.35	23.45	24.35	22.30	1.653 times
30 Thu May 2024	22.15	22.15	22.15	21.70	1.486 times
29 Wed May 2024	20.15	20.15	20.15	19.00	1.012 times
28 Tue May 2024	18.35	18.50	18.95	18.05	0.063 times
27 Mon May 2024	18.15	18.80	19.90	18.00	0.136 times

My analysis of stock is bearish for shortterm, and stock might move down till 20 or till 14.6. Use a stoploss of 24.41 and if the stock hits stoploss, then it can shoot up till 28.86

Share price targets for Ashoka Metcast (ASHOKAMET)

Target Type	Value
Downside Target	18.00
Downside Target	18.95
Downside Target	20.15
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	19.98
Downside Intraday Target	17.37
Upside Intraday Target	25.38
Upside Intraday Target	28.17
Upside Intraday Target	22.77

Weekly technical analysis of Ashoka Metcast (ASHOKAMET)

Date	Weekly Closing Price	Open	High	Low	Volume
07 Fri Jun 2024	22.60	25.00	25.55	20.15	1.421 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
07 Fri Jun 2024	22.60	25.00	25.55	20.15	1.421 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Ashoka Metcast ( (ASHOKAMET) ) 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 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 SELL. Signal strength is Weak and stock is losing momentum.

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

Ashoka Metcast 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 weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up

CCI has generated a buy signal for Ashoka Metcast in short term and BUY signal is strong.

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Ashoka Metcast is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 22.37 and Ashoka Metcast (ASHOKAMET) stock is trading above this level. This is a good sign for the stock and it could move higher. 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.