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(ASHOKAMET_BE) Ashoka Metcast complete technical analysis [charts+indicators] | Buy/Sell Ashoka Metcast | (ASHOKAMET_BE) share price targets

Complete technical analysis of Ashoka Metcast (ASHOKAMET_BE) by charts plus indicators, forecast predictions and share price targets for Ashoka Metcast (ASHOKAMET_BE)

Showing technical analysis as on 2024-11-19 View latest technical analysis

10 day averaged volume of Ashoka Metcast is 32584

Date	Daily Closing Price	Open	High	Low	Volume
19 Tue Nov 2024	23.15	22.95	23.15	22.95	1.137 times
18 Mon Nov 2024	22.95	23.14	23.14	22.95	0.462 times
14 Thu Nov 2024	23.18	23.18	23.19	23.18	0.532 times
13 Wed Nov 2024	23.66	23.66	23.66	23.66	0.829 times
12 Tue Nov 2024	24.15	24.15	24.15	24.15	1.313 times
11 Mon Nov 2024	24.65	25.00	25.00	24.65	0.919 times
08 Fri Nov 2024	25.16	25.63	25.63	25.16	0.695 times
07 Thu Nov 2024	25.63	26.00	26.00	25.63	0.818 times
06 Wed Nov 2024	26.16	26.16	26.16	26.16	1.469 times
05 Tue Nov 2024	26.70	26.70	26.70	26.70	0.542 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 23.8, but if it comes above 23.8, then a intra day buy could be more profitable.
If you take a sell trade below 23.8, then use 23.8 as stoploss and 22 as target. However if you take a buy trade in stock , then use 23.8 as stoploss and 25.36 as target.

Share price targets for Ashoka Metcast (ASHOKAMET_BE)

Target Type	Value
Downside Target	17.00
Downside Target	18.05
Downside Target	18.80
Downside Target	21.70
Downside Target	22.40
Downside Target	22.95
Upside Target	23.99
Upside Target	25.00
Upside Target	27.80
Upside Target	28.60
Upside Target	29.00
Upside Target	29.80
Upside Target	30.60

Intraday share price targets for Ashoka Metcast (ASHOKAMET_BE)

Target Type	Value
Downside Intraday Target	23.02
Downside Intraday Target	22.88
Upside Intraday Target	23.22
Upside Intraday Target	23.28
Downside Intraday Target	23.08

Weekly technical analysis of Ashoka Metcast (ASHOKAMET_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
19 Tue Nov 2024	23.15	23.14	23.15	22.95	0.445 times
14 Thu Nov 2024	23.18	25.00	25.00	23.18	0.604 times
08 Fri Nov 2024	25.16	29.00	29.00	25.16	0.34 times
01 Fri Nov 2024	28.26	24.50	28.60	23.21	0.591 times
25 Fri Oct 2024	24.44	26.90	29.80	23.99	2.441 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_BE)

Date	Monthly Closing Price	Open	High	Low	Volume
19 Tue Nov 2024	23.15	28.59	29.00	22.95	0.255 times
31 Thu Oct 2024	27.60	30.12	30.60	23.21	1.666 times
24 Fri May 2024	19.40	18.80	22.40	18.80	3.054 times
30 Tue Apr 2024	18.75	18.50	21.70	18.05	0.093 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_BE)

Price action analysis of Ashoka Metcast ( (ASHOKAMET_BE) ) 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_BE) ) 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_BE) ) 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 SELL. Signal strength is Strong and stock is losing momentum.

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

Ashoka Metcast Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be moving up

CCI has generated a buy signal for Ashoka Metcast in short term but BUY signal is weak.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in negative zone. This is the SELL 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 24.62 and Ashoka Metcast (ASHOKAMET_BE) 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_BE) stock. Volume based technical analysis of Ashoka Metcast (ASHOKAMET_BE) 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.