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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 2024-10-07 View latest technical analysis

10 day averaged volume of Ashoka Metcast is 110483

Date	Daily Closing Price	Open	High	Low	Volume
07 Mon Oct 2024	19.76	21.00	21.00	19.55	0.39 times
04 Fri Oct 2024	20.60	21.10	21.10	20.50	0.736 times
03 Thu Oct 2024	20.87	21.40	21.80	20.31	1.576 times
01 Tue Oct 2024	21.42	21.18	21.65	21.00	1.234 times
30 Mon Sep 2024	20.83	20.47	21.55	19.74	2.582 times
27 Fri Sep 2024	20.26	19.95	20.35	19.85	0.763 times
26 Thu Sep 2024	19.98	19.72	20.28	19.72	0.363 times
25 Wed Sep 2024	20.03	20.22	20.39	19.63	0.677 times
24 Tue Sep 2024	20.22	20.46	20.58	19.94	0.858 times
23 Mon Sep 2024	20.01	19.56	20.20	19.56	0.769 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 19.6 as stoploss in an intra day buy trade for a target of 20.07. However, stock will show a bearish move below 19.6.

Share price targets for Ashoka Metcast (ASHOKAMET)

Target Type	Value
Downside Target	18.25
Downside Target	18.79
Upside Target	20.15
Upside Target	20.58
Upside Target	21.00
Upside Target	21.45
Upside Target	21.50
Upside Target	21.55
Upside Target	21.80
Upside Target	25.55

Intraday share price targets for Ashoka Metcast (ASHOKAMET)

Target Type	Value
Downside Intraday Target	19.21
Downside Intraday Target	18.65
Upside Intraday Target	20.66
Upside Intraday Target	21.55
Upside Intraday Target	20.1

Weekly technical analysis of Ashoka Metcast (ASHOKAMET)

Date	Weekly Closing Price	Open	High	Low	Volume
07 Mon Oct 2024	19.76	21.00	21.00	19.55	0.064 times
04 Fri Oct 2024	20.60	20.47	21.80	19.74	1.787 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

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
07 Mon Oct 2024	19.76	21.18	21.80	19.55	0.277 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 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 trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

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 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.

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 and the buy 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 but buying 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 20.61 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 negative.

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