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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 2024-08-19 View latest technical analysis

10 day averaged volume of Ashoka Metcast is 92137

Date	Daily Closing Price	Open	High	Low	Volume
19 Mon Aug 2024	19.13	18.71	19.47	18.50	0.63 times
16 Fri Aug 2024	18.72	19.00	19.16	18.40	1.414 times
14 Wed Aug 2024	19.21	19.40	19.94	19.00	0.585 times
13 Tue Aug 2024	18.91	18.25	20.35	18.25	1.795 times
12 Mon Aug 2024	19.84	20.43	20.43	19.51	0.78 times
09 Fri Aug 2024	19.83	19.79	20.94	19.06	1.618 times
08 Thu Aug 2024	19.42	19.54	19.66	19.10	0.517 times
07 Wed Aug 2024	19.31	19.59	19.59	19.00	0.491 times
06 Tue Aug 2024	18.74	19.03	19.60	18.37	0.717 times
05 Mon Aug 2024	19.03	19.20	20.04	19.01	1.292 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 as stoploss in an intra day buy trade for a target of 19.46. However, stock will show a bearish move below 19.

Share price targets for Ashoka Metcast (ASHOKAMET)

Target Type	Value
Downside Target	18.00
Upside Target	20.40
Upside Target	20.43
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	18.6
Downside Intraday Target	18.06
Upside Intraday Target	19.57
Upside Intraday Target	20
Downside Intraday Target	19.03

Weekly technical analysis of Ashoka Metcast (ASHOKAMET)

Date	Weekly Closing Price	Open	High	Low	Volume
19 Mon Aug 2024	19.13	18.71	19.47	18.50	0.138 times
16 Fri Aug 2024	18.72	20.43	20.43	18.25	0.987 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

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
19 Mon Aug 2024	19.13	20.40	20.94	18.25	0.54 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 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 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 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this 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 SELL signal for Ashoka Metcast in short term and the sell signal is strong.

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

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in positive zone. This is a BUY 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 19.19 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.