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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 2024-07-11 View latest technical analysis

10 day averaged volume of Ashoka Metcast is 120451

Date	Daily Closing Price	Open	High	Low	Volume
11 Thu Jul 2024	20.03	20.10	20.48	19.99	0.625 times
10 Wed Jul 2024	20.19	20.80	20.80	19.80	0.568 times
09 Tue Jul 2024	20.55	20.99	20.99	20.20	1 times
08 Mon Jul 2024	20.58	20.50	21.45	20.45	1.094 times
05 Fri Jul 2024	20.43	20.55	20.75	20.36	1.156 times
04 Thu Jul 2024	20.32	20.65	20.65	20.24	0.743 times
03 Wed Jul 2024	20.23	20.65	20.65	19.82	1.132 times
02 Tue Jul 2024	20.58	20.54	20.99	20.49	0.988 times
01 Mon Jul 2024	20.48	20.49	20.70	20.06	0.616 times
28 Fri Jun 2024	20.05	20.53	20.94	19.89	1.087 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 19.9 as stoploss in an intra day buy trade for a target of 20.3. However, stock will show a bearish move below 19.9.

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	21.45
Upside Target	21.47
Upside Target	21.70
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	19.4
Downside Intraday Target	18.78
Upside Intraday Target	21.05
Upside Intraday Target	22.08
Upside Intraday Target	20.43

Weekly technical analysis of Ashoka Metcast (ASHOKAMET)

Date	Weekly Closing Price	Open	High	Low	Volume
11 Thu Jul 2024	20.03	20.50	21.45	19.80	0.709 times
05 Fri Jul 2024	20.43	20.49	20.99	19.82	0.494 times
28 Fri Jun 2024	20.05	20.10	21.70	19.77	1.449 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

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
11 Thu Jul 2024	20.03	20.49	21.45	19.80	0.095 times
28 Fri Jun 2024	20.05	25.00	25.55	18.79	3.086 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

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 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 term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Ashoka Metcast ( (ASHOKAMET) ) based on a short to mid 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 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.

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 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 20.36 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.