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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 2024-09-12 View latest technical analysis

10 day averaged volume of Ashoka Metcast is 59172

Date	Daily Closing Price	Open	High	Low	Volume
12 Thu Sep 2024	19.46	19.60	20.00	19.33	1.243 times
11 Wed Sep 2024	19.79	19.60	20.00	19.45	0.673 times
10 Tue Sep 2024	19.40	20.15	20.15	19.20	0.62 times
09 Mon Sep 2024	19.73	20.05	20.05	19.24	0.895 times
06 Fri Sep 2024	19.73	19.80	20.20	19.50	1.069 times
05 Thu Sep 2024	19.48	19.69	19.72	19.32	0.488 times
04 Wed Sep 2024	19.40	19.80	20.00	19.09	0.991 times
03 Tue Sep 2024	19.79	19.05	20.20	19.05	1.176 times
02 Mon Sep 2024	19.32	20.39	20.39	19.22	1.51 times
30 Fri Aug 2024	20.06	20.65	20.65	19.95	1.036 times

My analysis of stock is bearish for shortterm, and stock might move down till 19.2 or till 18.6. Use a stoploss of 19.66 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	20.15
Upside Target	20.39
Upside Target	20.43
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	19.06
Downside Intraday Target	18.65
Upside Intraday Target	20.01
Upside Intraday Target	20.55
Upside Intraday Target	19.6

Weekly technical analysis of Ashoka Metcast (ASHOKAMET)

Date	Weekly Closing Price	Open	High	Low	Volume
12 Thu Sep 2024	19.46	20.05	20.15	19.20	0.655 times
06 Fri Sep 2024	19.73	20.39	20.39	19.05	0.517 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

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
12 Thu Sep 2024	19.46	20.39	20.39	19.05	0.263 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 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 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 short to mid 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 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.

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 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 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 19.61 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.