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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 2025-02-28 View latest technical analysis

10 day averaged volume of Ashoka Metcast is 54082

Date	Daily Closing Price	Open	High	Low	Volume
28 Fri Feb 2025	17.54	18.37	18.37	17.50	1 times
27 Thu Feb 2025	18.39	18.87	18.87	17.90	0.596 times
25 Tue Feb 2025	18.50	19.10	19.10	18.20	0.568 times
24 Mon Feb 2025	18.75	19.80	19.80	18.24	1.632 times
21 Fri Feb 2025	19.72	19.00	20.79	18.31	0.612 times
20 Thu Feb 2025	18.92	18.77	19.20	17.85	0.912 times
19 Wed Feb 2025	18.08	17.22	18.60	17.22	0.68 times
18 Tue Feb 2025	17.73	18.18	18.70	17.17	1.016 times
17 Mon Feb 2025	18.18	18.95	19.14	17.60	1.448 times
14 Fri Feb 2025	19.44	19.20	20.73	19.00	1.393 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 18.4, but if it comes above 18.4, then a intra day buy could be more profitable.
If you take a sell trade below 18.4, then use 18.4 as stoploss and 16.3 as target. However if you take a buy trade in stock , then use 18.4 as stoploss and 20.14 as target.

Share price targets for Ashoka Metcast (ASHOKAMET)

Target Type	Value
Downside Target	17.17
Upside Target	18.25
Upside Target	19.05
Upside Target	19.80
Upside Target	20.63
Upside Target	21.50
Upside Target	21.55
Upside Target	22.87
Upside Target	23.15
Upside Target	23.37
Upside Target	23.50
Upside Target	35.25

Intraday share price targets for Ashoka Metcast (ASHOKAMET)

Target Type	Value
Downside Intraday Target	16.76
Downside Intraday Target	15.98
Upside Intraday Target	19.06
Upside Intraday Target	20.58
Upside Intraday Target	18.28

Weekly technical analysis of Ashoka Metcast (ASHOKAMET)

Date	Weekly Closing Price	Open	High	Low	Volume
28 Fri Feb 2025	17.54	19.80	19.80	17.50	0.813 times
21 Fri Feb 2025	19.72	18.95	20.79	17.17	0.945 times
14 Fri Feb 2025	19.44	22.90	23.37	18.40	1.305 times
07 Fri Feb 2025	22.84	21.99	23.15	20.63	1.12 times
31 Fri Jan 2025	21.93	20.82	22.87	20.04	0.811 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
28 Fri Feb 2025	17.54	21.99	23.37	17.17	2.277 times
31 Fri Jan 2025	21.93	22.05	23.50	20.04	0.022 times
16 Wed Oct 2024	30.12	21.18	35.25	19.27	11.891 times
30 Mon Sep 2024	20.83	20.39	21.55	19.05	0.805 times

Scroll below to view daily charts

Price has moved down this month, and volume has increased substantially. This means that the move can 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 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 to mid 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 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 Strong 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 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 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 18.53 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.