Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-09-04 View latest technical analysis

10 day averaged volume of Ashoka Metcast is 100745

Date	Daily Closing Price	Open	High	Low	Volume
04 Wed Sep 2024	19.40	19.80	20.00	19.09	0.582 times
03 Tue Sep 2024	19.79	19.05	20.20	19.05	0.69 times
02 Mon Sep 2024	19.32	20.39	20.39	19.22	0.887 times
30 Fri Aug 2024	20.06	20.65	20.65	19.95	0.608 times
29 Thu Aug 2024	20.29	20.35	21.50	20.15	0.906 times
28 Wed Aug 2024	20.19	20.49	20.59	20.01	0.627 times
27 Tue Aug 2024	20.35	20.98	20.99	20.20	1.388 times
26 Mon Aug 2024	20.72	20.00	20.80	19.92	2.42 times
23 Fri Aug 2024	19.78	19.99	20.10	19.61	0.83 times
22 Thu Aug 2024	19.70	19.28	19.84	19.05	0.894 times

My analysis of stock is bearish for shortterm, and stock might move down till 19.1 or till 18.5. Use a stoploss of 19.61 and if the stock hits stoploss, then it can shoot up till 20.13

Share price targets for Ashoka Metcast (ASHOKAMET)

Target Type	Value
Downside Target	18.00
Upside Target	19.92
Upside Target	20.39
Upside Target	20.43
Upside Target	20.94
Upside Target	21.45
Upside Target	21.50
Upside Target	24.35
Upside Target	25.55

Intraday share price targets for Ashoka Metcast (ASHOKAMET)

Target Type	Value
Downside Intraday Target	18.84
Downside Intraday Target	18.27
Upside Intraday Target	20.18
Upside Intraday Target	20.95
Upside Intraday Target	19.61

Weekly technical analysis of Ashoka Metcast (ASHOKAMET)

Date	Weekly Closing Price	Open	High	Low	Volume
04 Wed Sep 2024	19.40	20.39	20.39	19.05	0.363 times
30 Fri Aug 2024	20.06	20.00	21.50	19.92	1.809 times
23 Fri Aug 2024	19.78	18.71	20.10	18.50	0.786 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

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
04 Wed Sep 2024	19.40	20.39	20.39	19.05	0.112 times
30 Fri Aug 2024	20.06	20.40	21.50	18.25	0.977 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

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 to mid 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 mid to longer term time period is neutral. A longer time frame might give a better analysis.

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.

Ashoka Metcast Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down

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 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 20.11 and Ashoka Metcast (ASHOKAMET) stock is trading below this level. This means that stock is falling with high volumes. 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 positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.