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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 2024-10-09 View latest technical analysis

10 day averaged volume of Ashoka Metcast is 105392

Date	Daily Closing Price	Open	High	Low	Volume
09 Wed Oct 2024	20.54	20.45	20.85	20.05	0.65 times
08 Tue Oct 2024	20.08	20.15	20.21	19.27	0.377 times
07 Mon Oct 2024	19.76	21.00	21.00	19.55	0.409 times
04 Fri Oct 2024	20.60	21.10	21.10	20.50	0.771 times
03 Thu Oct 2024	20.87	21.40	21.80	20.31	1.652 times
01 Tue Oct 2024	21.42	21.18	21.65	21.00	1.294 times
30 Mon Sep 2024	20.83	20.47	21.55	19.74	2.707 times
27 Fri Sep 2024	20.26	19.95	20.35	19.85	0.799 times
26 Thu Sep 2024	19.98	19.72	20.28	19.72	0.381 times
25 Wed Sep 2024	20.03	20.22	20.39	19.63	0.71 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 20.6 as stoploss in an intra day sell trade for a target of 20.14. However, stock will show a bullish move above 20.6.

Share price targets for Ashoka Metcast (ASHOKAMET)

Target Type	Value
Downside Target	18.25
Downside Target	18.79
Downside 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	19.54
Downside Intraday Target	18.54
Upside Intraday Target	21.27
Upside Intraday Target	22
Downside Intraday Target	20.27

Weekly technical analysis of Ashoka Metcast (ASHOKAMET)

Date	Weekly Closing Price	Open	High	Low	Volume
09 Wed Oct 2024	20.54	21.00	21.00	19.27	0.223 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
09 Wed Oct 2024	20.54	21.18	21.80	19.27	0.346 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 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 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 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 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 BUY. Signal strength is Weak and stock is losing momentum.

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

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

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 weakening, and bulls are picking up momentum!

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 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 20.67 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 positive

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