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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 2024-06-21 View latest technical analysis

10 day averaged volume of Ashoka Metcast is 654472

Date	Daily Closing Price	Open	High	Low	Volume
21 Fri Jun 2024	20.07	20.35	20.95	20.00	0.24 times
20 Thu Jun 2024	20.35	20.00	20.48	19.70	0.339 times
19 Wed Jun 2024	19.71	19.98	20.14	19.52	0.289 times
18 Tue Jun 2024	19.80	19.85	19.96	19.40	0.324 times
14 Fri Jun 2024	19.96	19.69	20.13	19.31	0.484 times
13 Thu Jun 2024	19.32	19.76	20.45	18.79	1.466 times
12 Wed Jun 2024	19.67	21.00	21.20	19.47	1.976 times
11 Tue Jun 2024	20.39	20.51	21.39	20.39	1.065 times
10 Mon Jun 2024	21.47	21.47	21.47	21.47	0.36 times
07 Fri Jun 2024	22.60	21.65	22.65	21.60	1.151 times

My analysis of stock is bearish for shortterm, and stock might move down till 18.4 or till 15. Use a stoploss of 21.3 and if the stock hits stoploss, then it can shoot up till 24.18

Share price targets for Ashoka Metcast (ASHOKAMET)

Target Type	Value
Downside Target	18.00
Downside Target	18.79
Downside Target	19.40
Upside Target	20.15
Upside Target	20.95
Upside Target	21.47
Upside Target	21.95
Upside Target	24.35
Upside Target	25.55
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	19.33
Downside Intraday Target	18.59
Upside Intraday Target	20.88
Upside Intraday Target	21.69
Upside Intraday Target	20.14

Weekly technical analysis of Ashoka Metcast (ASHOKAMET)

Date	Weekly Closing Price	Open	High	Low	Volume
21 Fri Jun 2024	20.07	19.85	20.95	19.40	0.223 times
14 Fri Jun 2024	19.96	21.47	21.47	18.79	0.758 times
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

Price has moved up 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
21 Fri Jun 2024	20.07	25.00	25.55	18.79	2.739 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, and volume has increased substantially. This means that the move can 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 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 to mid 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 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.

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

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 coming down

CCI has generated a buy signal for Ashoka Metcast in short term but BUY signal is weak.

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 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 20.29 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 negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.