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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 2024-11-26 View latest technical analysis

10 day averaged volume of Ashoka Metcast is 28751

Date	Daily Closing Price	Open	High	Low	Volume
26 Tue Nov 2024	23.46	23.46	23.46	23.46	0.686 times
25 Mon Nov 2024	23.00	22.90	23.00	22.90	1.23 times
22 Fri Nov 2024	22.90	22.35	22.90	22.34	1.39 times
21 Thu Nov 2024	22.80	22.90	22.90	22.68	0.709 times
19 Tue Nov 2024	23.15	22.95	23.15	22.95	1.288 times
18 Mon Nov 2024	22.95	23.14	23.14	22.95	0.524 times
14 Thu Nov 2024	23.18	23.18	23.19	23.18	0.603 times
13 Wed Nov 2024	23.66	23.66	23.66	23.66	0.94 times
12 Tue Nov 2024	24.15	24.15	24.15	24.15	1.488 times
11 Mon Nov 2024	24.65	25.00	25.00	24.65	1.041 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 23.1 as stoploss in an intra day buy trade for a target of 24.84. However, stock will show a bearish move below 23.1.

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	22.34
Downside Target	22.90
Upside Target	25.00
Upside Target	25.16
Upside Target	27.80
Upside Target	28.60
Upside Target	29.00
Upside Target	30.60

Intraday share price targets for Ashoka Metcast (ASHOKAMET_BE)

Target Type	Value
Downside Intraday Target	23.09
Downside Intraday Target	22.71
Upside Intraday Target	23.65
Upside Intraday Target	23.83
Downside Intraday Target	23.27

Weekly technical analysis of Ashoka Metcast (ASHOKAMET_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
26 Tue Nov 2024	23.46	22.90	23.46	22.90	0.49 times
22 Fri Nov 2024	22.90	23.14	23.15	22.34	0.96 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

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_BE)

Date	Monthly Closing Price	Open	High	Low	Volume
26 Tue Nov 2024	23.46	28.59	29.00	22.34	0.318 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 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_BE) ) based on a short term time period is neutral. A longer time frame might give a better analysis.

Price action analysis of Ashoka Metcast ( (ASHOKAMET_BE) ) 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_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 Weak and stock is losing 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 weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red 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 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 23.44 and Ashoka Metcast (ASHOKAMET_BE) stock is trading above this level. This is a good sign for the stock and it could move higher. 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.