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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 2024-06-27 View latest technical analysis

10 day averaged volume of Ashoka Metcast is 415388

Date	Daily Closing Price	Open	High	Low	Volume
27 Thu Jun 2024	20.53	21.69	21.69	20.49	0.469 times
26 Wed Jun 2024	21.00	21.56	21.70	20.08	0.876 times
25 Tue Jun 2024	21.14	21.20	21.60	20.99	0.513 times
24 Mon Jun 2024	20.58	20.10	20.95	19.77	0.548 times
21 Fri Jun 2024	20.07	20.35	20.95	20.00	0.377 times
20 Thu Jun 2024	20.35	20.00	20.48	19.70	0.535 times
19 Wed Jun 2024	19.71	19.98	20.14	19.52	0.455 times
18 Tue Jun 2024	19.80	19.85	19.96	19.40	0.511 times
14 Fri Jun 2024	19.96	19.69	20.13	19.31	0.762 times
13 Thu Jun 2024	19.32	19.76	20.45	18.79	2.309 times

My analysis of stock is bearish for shortterm, and stock might move down till 19.8 or till 18.3. Use a stoploss of 21.04 and if the stock hits stoploss, then it can shoot up till 22.31

Share price targets for Ashoka Metcast (ASHOKAMET)

Target Type	Value
Downside Target	18.00
Downside Target	18.79
Downside Target	19.40
Upside Target	20.95
Upside Target	21.47
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	19.63
Downside Intraday Target	18.74
Upside Intraday Target	21.56
Upside Intraday Target	22.6
Upside Intraday Target	20.67

Weekly technical analysis of Ashoka Metcast (ASHOKAMET)

Date	Weekly Closing Price	Open	High	Low	Volume
27 Thu Jun 2024	20.53	20.10	21.70	19.77	1.281 times
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

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
27 Thu Jun 2024	20.53	25.00	25.55	18.79	3.046 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 to mid term time period is neutral. A longer time frame might give a better analysis.

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 BUY signal for Ashoka Metcast in short term but the buy signal is initial and weak.

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

Ashoka Metcast Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears 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 SELL signal for Ashoka Metcast in short term but SELL 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

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 20.06 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 rising upwards.

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 is giving positive 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.