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(ACL) Andhra Cements complete technical analysis [charts+indicators] | Buy/Sell Andhra Cements | (ACL) share price targets

Complete technical analysis of Andhra Cements (ACL) by charts plus indicators, forecast predictions and share price targets for Andhra Cements (ACL)

Showing technical analysis as on 2024-05-23 View latest technical analysis

10 day averaged volume of Andhra Cements is 34399

Date	Daily Closing Price	Open	High	Low	Volume
23 Thu May 2024	89.95	91.00	92.00	89.60	1.37 times
22 Wed May 2024	91.30	91.55	91.95	90.60	1.324 times
21 Tue May 2024	91.55	91.35	92.25	91.35	1.048 times
18 Sat May 2024	92.10	92.85	93.40	91.10	0.343 times
17 Fri May 2024	92.10	91.45	92.80	90.50	0.979 times
16 Thu May 2024	90.90	91.05	92.95	90.70	0.842 times
15 Wed May 2024	92.05	95.00	95.55	89.50	1.417 times
14 Tue May 2024	91.75	90.50	93.90	90.05	0.857 times
13 Mon May 2024	90.45	93.60	94.10	89.70	1.153 times
10 Fri May 2024	92.20	90.90	93.30	89.10	1.165 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 90.4, but if it comes above 90.4, then a intra day buy could be more profitable.
If you take a sell trade below 90.4, then use 90.4 as stoploss and 87.5 as target. However if you take a buy trade in stock , then use 90.4 as stoploss and 92.84 as target.

Share price targets for Andhra Cements (ACL)

Target Type	Value
Downside Target	77.00
Downside Target	79.50
Downside Target	86.00
Downside Target	89.10
Upside Target	92.25
Upside Target	98.45
Upside Target	99.90
Upside Target	107.90
Upside Target	126.90
Upside Target	139.20

Intraday share price targets for Andhra Cements (ACL)

Target Type	Value
Downside Intraday Target	88.95
Downside Intraday Target	87.95
Upside Intraday Target	91.6
Upside Intraday Target	93.25
Upside Intraday Target	90.6

Weekly technical analysis of Andhra Cements (ACL)

Date	Weekly Closing Price	Open	High	Low	Volume
23 Thu May 2024	89.95	91.35	92.25	89.60	0.669 times
18 Sat May 2024	92.10	93.60	95.55	89.50	0.656 times
10 Fri May 2024	92.20	96.40	96.80	89.10	0.383 times
03 Fri May 2024	95.75	98.50	99.90	94.00	0.97 times
26 Fri Apr 2024	98.15	89.85	98.30	86.00	3.671 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 Andhra Cements (ACL)

Date	Monthly Closing Price	Open	High	Low	Volume
23 Thu May 2024	89.95	97.00	98.45	89.10	0.362 times
30 Tue Apr 2024	96.25	81.00	99.90	79.50	0.611 times
28 Thu Mar 2024	77.75	97.75	99.90	77.00	0.786 times
29 Thu Feb 2024	96.85	125.30	126.90	95.25	2.506 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 Andhra Cements (ACL)

Price action analysis of Andhra Cements ( (ACL) ) 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 Andhra Cements ( (ACL) ) 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 Andhra Cements ( (ACL) ) 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 Andhra Cements stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.

MACD generated a SELL signal for Andhra Cements in short term and the sell signal is strong.

Andhra Cements 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 green color and prices are in or below the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Andhra Cements in short term and SELL 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

Stock of Andhra Cements is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 91.36 and Andhra Cements (ACL) 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 Andhra Cements (ACL) stock. Volume based technical analysis of Andhra Cements (ACL) stock is negative.

Andhra Cements 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.