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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 2024-09-05 View latest technical analysis

10 day averaged volume of Ashoka Metcast is 99055

Date	Daily Closing Price	Open	High	Low	Volume
05 Thu Sep 2024	19.48	19.69	19.72	19.32	0.292 times
04 Wed Sep 2024	19.40	19.80	20.00	19.09	0.592 times
03 Tue Sep 2024	19.79	19.05	20.20	19.05	0.702 times
02 Mon Sep 2024	19.32	20.39	20.39	19.22	0.902 times
30 Fri Aug 2024	20.06	20.65	20.65	19.95	0.619 times
29 Thu Aug 2024	20.29	20.35	21.50	20.15	0.921 times
28 Wed Aug 2024	20.19	20.49	20.59	20.01	0.637 times
27 Tue Aug 2024	20.35	20.98	20.99	20.20	1.411 times
26 Mon Aug 2024	20.72	20.00	20.80	19.92	2.461 times
23 Fri Aug 2024	19.78	19.99	20.10	19.61	0.844 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 19.62 and if the stock hits stoploss, then it can shoot up till 20.14

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	18.89
Downside Intraday Target	18.3
Upside Intraday Target	20.23
Upside Intraday Target	20.98
Upside Intraday Target	19.64

Weekly technical analysis of Ashoka Metcast (ASHOKAMET)

Date	Weekly Closing Price	Open	High	Low	Volume
05 Thu Sep 2024	19.48	20.39	20.39	19.05	0.411 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
05 Thu Sep 2024	19.48	20.39	20.39	19.05	0.126 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 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 gaining momentum.

MACD generated a SELL signal for Ashoka Metcast in short term and the sell signal is strong.

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 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 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 20.13 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 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.