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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 2024-06-05 View latest technical analysis

10 day averaged volume of Andhra Cements is 57890

Date	Daily Closing Price	Open	High	Low	Volume
05 Wed Jun 2024	79.90	82.35	82.35	76.00	1.804 times
04 Tue Jun 2024	77.80	86.90	86.90	77.35	2.704 times
03 Mon Jun 2024	85.95	87.30	91.50	85.00	1.078 times
31 Fri May 2024	85.25	87.80	87.80	84.60	0.629 times
30 Thu May 2024	86.90	86.50	87.35	85.70	0.485 times
29 Wed May 2024	86.35	86.60	88.40	84.60	0.666 times
28 Tue May 2024	86.55	87.35	88.75	85.75	0.683 times
27 Mon May 2024	87.15	90.45	90.80	82.15	1.524 times
24 Fri May 2024	90.00	90.05	90.90	89.75	0.629 times
23 Thu May 2024	89.95	91.00	92.00	89.60	0.814 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 79.8, for a target of 84.6 or 88.52

Share price targets for Andhra Cements (ACL)

Target Type	Value
Downside Target	76.00
Downside Target	79.50
Upside Target	82.15
Upside Target	89.10
Upside Target	92.25
Upside Target	95.25
Upside Target	95.55
Upside Target	96.80
Upside Target	98.45
Upside Target	99.90
Upside Target	126.90

Intraday share price targets for Andhra Cements (ACL)

Target Type	Value
Downside Intraday Target	73.43
Downside Intraday Target	66.97
Upside Intraday Target	88.93
Upside Intraday Target	97.97
Upside Intraday Target	82.47

Weekly technical analysis of Andhra Cements (ACL)

Date	Weekly Closing Price	Open	High	Low	Volume
05 Wed Jun 2024	79.90	87.30	91.50	76.00	1.401 times
31 Fri May 2024	85.25	90.45	90.80	82.15	1.398 times
24 Fri May 2024	90.00	91.35	92.25	89.60	0.859 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

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
05 Wed Jun 2024	79.90	87.30	91.50	76.00	0.293 times
31 Fri May 2024	85.25	97.00	98.45	82.15	0.478 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

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 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 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 Strong 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 red color and prices are below the red cloud Prices appear to be moving up

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

RSI is generating a SELL signal in short term but selling 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 Andhra Cements is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 83.71 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.