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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 2024-07-29 View latest technical analysis

10 day averaged volume of Ashoka Metcast is 77723

Date	Daily Closing Price	Open	High	Low	Volume
29 Mon Jul 2024	19.67	20.44	20.44	19.60	1.189 times
26 Fri Jul 2024	19.93	19.70	20.40	19.50	1.191 times
25 Thu Jul 2024	19.43	19.70	19.71	19.36	0.583 times
24 Wed Jul 2024	19.43	19.21	19.58	19.21	0.659 times
23 Tue Jul 2024	19.21	19.40	19.88	19.01	1.934 times
22 Mon Jul 2024	19.25	19.46	19.89	19.01	0.802 times
19 Fri Jul 2024	19.46	20.24	20.24	19.21	0.762 times
18 Thu Jul 2024	19.92	20.00	20.30	19.53	1.428 times
16 Tue Jul 2024	20.06	19.95	20.35	19.76	0.951 times
15 Mon Jul 2024	19.95	20.06	20.44	19.90	0.905 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 19.6 as stoploss in an intra day buy trade for a target of 19.99. However, stock will show a bearish move below 19.6.

Share price targets for Ashoka Metcast (ASHOKAMET)

Target Type	Value
Downside Target	18.00
Downside Target	18.79
Downside Target	19.60
Upside Target	20.99
Upside Target	21.45
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	19.37
Downside Intraday Target	19.06
Upside Intraday Target	20.21
Upside Intraday Target	20.74
Upside Intraday Target	19.9

Weekly technical analysis of Ashoka Metcast (ASHOKAMET)

Date	Weekly Closing Price	Open	High	Low	Volume
29 Mon Jul 2024	19.67	20.44	20.44	19.60	0.23 times
26 Fri Jul 2024	19.93	19.46	20.40	19.01	1.277 times
19 Fri Jul 2024	19.46	20.06	20.44	19.21	0.688 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

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
29 Mon Jul 2024	19.67	20.49	21.45	19.01	0.182 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 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 buyers have become active on the stock recently. This cannot be a definite uptrend, 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 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 BUY. 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 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 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

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 19.63 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.