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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 2024-08-20 View latest technical analysis

10 day averaged volume of Ashoka Metcast is 90665

Date	Daily Closing Price	Open	High	Low	Volume
20 Tue Aug 2024	19.25	19.54	19.80	19.20	0.264 times
19 Mon Aug 2024	19.13	18.71	19.47	18.50	0.641 times
16 Fri Aug 2024	18.72	19.00	19.16	18.40	1.437 times
14 Wed Aug 2024	19.21	19.40	19.94	19.00	0.595 times
13 Tue Aug 2024	18.91	18.25	20.35	18.25	1.824 times
12 Mon Aug 2024	19.84	20.43	20.43	19.51	0.793 times
09 Fri Aug 2024	19.83	19.79	20.94	19.06	1.644 times
08 Thu Aug 2024	19.42	19.54	19.66	19.10	0.526 times
07 Wed Aug 2024	19.31	19.59	19.59	19.00	0.499 times
06 Tue Aug 2024	18.74	19.03	19.60	18.37	0.729 times

My analysis of stock is bearish for shortterm, and stock might move down till 19 or till 18.5. Use a stoploss of 19.46 and if the stock hits stoploss, then it can shoot up till 19.89

Share price targets for Ashoka Metcast (ASHOKAMET)

Target Type	Value
Downside Target	18.00
Upside Target	19.80
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	18.57
Downside Intraday Target	17.88
Upside Intraday Target	19.87
Upside Intraday Target	20.48
Downside Intraday Target	19.18

Weekly technical analysis of Ashoka Metcast (ASHOKAMET)

Date	Weekly Closing Price	Open	High	Low	Volume
20 Tue Aug 2024	19.25	18.71	19.80	18.50	0.195 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
20 Tue Aug 2024	19.25	20.40	20.94	18.25	0.552 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 trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 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 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 buy signal for Ashoka Metcast in short term and BUY 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 19.21 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.