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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 2024-09-20 View latest technical analysis

10 day averaged volume of Ashoka Metcast is 60965

Date	Daily Closing Price	Open	High	Low	Volume
20 Fri Sep 2024	19.60	20.00	20.00	19.51	0.799 times
19 Thu Sep 2024	19.62	19.66	19.99	19.52	0.694 times
18 Wed Sep 2024	19.72	20.00	20.19	19.61	0.564 times
17 Tue Sep 2024	19.83	20.47	20.50	19.70	1.131 times
16 Mon Sep 2024	20.31	19.62	20.47	19.62	2.303 times
13 Fri Sep 2024	19.91	19.41	20.00	19.36	0.941 times
12 Thu Sep 2024	19.46	19.60	20.00	19.33	1.207 times
11 Wed Sep 2024	19.79	19.60	20.00	19.45	0.653 times
10 Tue Sep 2024	19.40	20.15	20.15	19.20	0.602 times
09 Mon Sep 2024	19.73	20.05	20.05	19.24	0.868 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 19.5 as stoploss in an intra day buy trade for a target of 19.84. However, stock will show a bearish move below 19.5.

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	20.50
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	19.24
Downside Intraday Target	18.88
Upside Intraday Target	20.23
Upside Intraday Target	20.86
Upside Intraday Target	19.87

Weekly technical analysis of Ashoka Metcast (ASHOKAMET)

Date	Weekly Closing Price	Open	High	Low	Volume
20 Fri Sep 2024	19.60	19.62	20.50	19.51	1.286 times
13 Fri Sep 2024	19.91	20.05	20.15	19.20	0.841 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

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
20 Fri Sep 2024	19.60	20.39	20.50	19.05	0.464 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 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 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 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 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 BUY. 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 BUY signal in short term and the buying is gaining 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 19.83 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 positive

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