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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 2024-08-12 View latest technical analysis

10 day averaged volume of Ashoka Metcast is 85914

Date	Daily Closing Price	Open	High	Low	Volume
12 Mon Aug 2024	19.84	20.43	20.43	19.51	0.837 times
09 Fri Aug 2024	19.83	19.79	20.94	19.06	1.735 times
08 Thu Aug 2024	19.42	19.54	19.66	19.10	0.555 times
07 Wed Aug 2024	19.31	19.59	19.59	19.00	0.526 times
06 Tue Aug 2024	18.74	19.03	19.60	18.37	0.769 times
05 Mon Aug 2024	19.03	19.20	20.04	19.01	1.386 times
02 Fri Aug 2024	20.02	19.28	20.64	19.28	0.847 times
01 Thu Aug 2024	19.87	20.40	20.70	19.85	1.125 times
31 Wed Jul 2024	20.25	19.55	20.47	19.55	1.144 times
30 Tue Jul 2024	19.94	20.18	20.18	19.38	0.838 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 20 as stoploss in an intra day sell trade for a target of 19.63. However, stock will show a bullish move above 20.

Share price targets for Ashoka Metcast (ASHOKAMET)

Target Type	Value
Downside Target	18.00
Downside Target	18.37
Downside Target	18.79
Upside Target	20.40
Upside Target	20.70
Upside Target	20.94
Upside Target	21.45
Upside Target	24.35
Upside Target	25.55
Upside Target	30.10
Upside Target	35.70

Intraday share price targets for Ashoka Metcast (ASHOKAMET)

Target Type	Value
Downside Intraday Target	19.42
Downside Intraday Target	19.01
Upside Intraday Target	20.34
Upside Intraday Target	20.85
Upside Intraday Target	19.93

Weekly technical analysis of Ashoka Metcast (ASHOKAMET)

Date	Weekly Closing Price	Open	High	Low	Volume
12 Mon Aug 2024	19.84	20.43	20.43	19.51	0.168 times
09 Fri Aug 2024	19.83	19.20	20.94	18.37	0.988 times
02 Fri Aug 2024	20.02	20.44	20.70	19.28	1.076 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

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
12 Mon Aug 2024	19.84	20.40	20.94	18.37	0.335 times
31 Wed Jul 2024	20.25	20.49	21.45	19.01	0.199 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

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 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 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 mid to longer 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.

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. Bulls are getting stronger in this stock.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up

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

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 19.66 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.