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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 2024-07-16 View latest technical analysis

10 day averaged volume of Ashoka Metcast is 101142

Date	Daily Closing Price	Open	High	Low	Volume
16 Tue Jul 2024	20.06	19.95	20.35	19.76	0.731 times
15 Mon Jul 2024	19.95	20.06	20.44	19.90	0.696 times
12 Fri Jul 2024	20.18	20.45	20.50	20.05	0.604 times
11 Thu Jul 2024	20.03	20.10	20.48	19.99	0.745 times
10 Wed Jul 2024	20.19	20.80	20.80	19.80	0.676 times
09 Tue Jul 2024	20.55	20.99	20.99	20.20	1.191 times
08 Mon Jul 2024	20.58	20.50	21.45	20.45	1.303 times
05 Fri Jul 2024	20.43	20.55	20.75	20.36	1.377 times
04 Thu Jul 2024	20.32	20.65	20.65	20.24	0.884 times
03 Wed Jul 2024	20.23	20.65	20.65	19.82	1.348 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 as stoploss in an intra day buy trade for a target of 20.35. However, stock will show a bearish move below 20.

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	21.70
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	19.73
Downside Intraday Target	19.41
Upside Intraday Target	20.41
Upside Intraday Target	20.77
Upside Intraday Target	20.09

Weekly technical analysis of Ashoka Metcast (ASHOKAMET)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Tue Jul 2024	20.06	20.06	20.44	19.76	0.316 times
12 Fri Jul 2024	20.18	20.50	21.45	19.80	0.819 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

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
16 Tue Jul 2024	20.06	20.49	21.45	19.76	0.116 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 up 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 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 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 gaining 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 LOWS in short term which reflects strong selling momentum. 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 SELL signal for Ashoka Metcast in short term and SELL signal is strong!

RSI is generating a SELL signal in short term and selling is picking up 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 20.3 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.