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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 2024-10-01 View latest technical analysis

10 day averaged volume of Ashoka Metcast is 85865

Date	Daily Closing Price	Open	High	Low	Volume
01 Tue Oct 2024	21.42	21.18	21.65	21.00	1.588 times
30 Mon Sep 2024	20.83	20.47	21.55	19.74	3.323 times
27 Fri Sep 2024	20.26	19.95	20.35	19.85	0.981 times
26 Thu Sep 2024	19.98	19.72	20.28	19.72	0.467 times
25 Wed Sep 2024	20.03	20.22	20.39	19.63	0.871 times
24 Tue Sep 2024	20.22	20.46	20.58	19.94	1.105 times
23 Mon Sep 2024	20.01	19.56	20.20	19.56	0.99 times
20 Fri Sep 2024	19.60	20.00	20.00	19.51	0.567 times
19 Thu Sep 2024	19.62	19.66	19.99	19.52	0.493 times
18 Wed Sep 2024	19.72	20.00	20.19	19.61	0.401 times

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 21, for a target of 20.4 or 19.94

Share price targets for Ashoka Metcast (ASHOKAMET)

Target Type	Value
Downside Target	18.25
Downside Target	18.79
Downside Target	20.15
Downside Target	20.58
Downside Target	21.00
Upside Target	21.45
Upside Target	21.50
Upside Target	21.55
Upside Target	21.65
Upside Target	25.55

Intraday share price targets for Ashoka Metcast (ASHOKAMET)

Target Type	Value
Downside Intraday Target	20.22
Downside Intraday Target	19.03
Upside Intraday Target	22.13
Upside Intraday Target	22.85
Downside Intraday Target	20.94

Weekly technical analysis of Ashoka Metcast (ASHOKAMET)

Date	Weekly Closing Price	Open	High	Low	Volume
01 Tue Oct 2024	21.42	20.47	21.65	19.74	1.113 times
27 Fri Sep 2024	20.26	19.56	20.58	19.56	1.132 times
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

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
01 Tue Oct 2024	21.42	21.18	21.65	21.00	0.087 times
30 Mon Sep 2024	20.83	20.39	21.55	19.05	0.805 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

Scroll below to view daily charts

Price has moved up 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 buyers have become active on the stock recently. This cannot be a definite uptrend, 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 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 BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Ashoka Metcast in short term and the buy signal is strong.

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 HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

Ichimoku cloud is of green color and prices are above the green 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 BUY signal in short term and the buying is gaining 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 20.46 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 positive

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