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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 2024-09-09 View latest technical analysis

10 day averaged volume of Ashoka Metcast is 90900

Date	Daily Closing Price	Open	High	Low	Volume
09 Mon Sep 2024	19.73	20.05	20.05	19.24	0.582 times
06 Fri Sep 2024	19.73	19.80	20.20	19.50	0.696 times
05 Thu Sep 2024	19.48	19.69	19.72	19.32	0.318 times
04 Wed Sep 2024	19.40	19.80	20.00	19.09	0.645 times
03 Tue Sep 2024	19.79	19.05	20.20	19.05	0.765 times
02 Mon Sep 2024	19.32	20.39	20.39	19.22	0.983 times
30 Fri Aug 2024	20.06	20.65	20.65	19.95	0.674 times
29 Thu Aug 2024	20.29	20.35	21.50	20.15	1.004 times
28 Wed Aug 2024	20.19	20.49	20.59	20.01	0.695 times
27 Tue Aug 2024	20.35	20.98	20.99	20.20	1.538 times

My analysis of stock is bullish for shortterm, and stock might move up till 20.1 or till 20.8. Use a stoploss of 19.63 and if this stock hits its stoploss, then it can fall down till 19.12

Share price targets for Ashoka Metcast (ASHOKAMET)

Target Type	Value
Downside Target	18.00
Upside Target	19.92
Upside Target	20.10
Upside Target	20.39
Upside Target	20.43
Upside Target	21.45
Upside Target	21.50
Upside Target	24.35
Upside Target	25.55

Intraday share price targets for Ashoka Metcast (ASHOKAMET)

Target Type	Value
Downside Intraday Target	19.3
Downside Intraday Target	18.86
Upside Intraday Target	20.11
Upside Intraday Target	20.48
Downside Intraday Target	19.67

Weekly technical analysis of Ashoka Metcast (ASHOKAMET)

Date	Weekly Closing Price	Open	High	Low	Volume
09 Mon Sep 2024	19.73	20.05	20.05	19.24	0.171 times
06 Fri Sep 2024	19.73	20.39	20.39	19.05	0.517 times
30 Fri Aug 2024	20.06	20.00	21.50	19.92	1.809 times
23 Fri Aug 2024	19.78	18.71	20.10	18.50	0.786 times
16 Fri Aug 2024	18.72	20.43	20.43	18.25	0.987 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
09 Mon Sep 2024	19.73	20.39	20.39	19.05	0.186 times
30 Fri Aug 2024	20.06	20.40	21.50	18.25	0.977 times
31 Wed Jul 2024	20.25	20.49	21.45	19.01	0.199 times
28 Fri Jun 2024	20.05	25.00	25.55	18.79	3.086 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)

Price action analysis of Ashoka Metcast ( (ASHOKAMET) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Ashoka Metcast ( (ASHOKAMET) ) 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) ) 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) ) 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 BUY. Signal strength is Weak and stock is losing momentum.

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

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

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 coming down

CCI has generated a SELL signal for Ashoka Metcast 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 positive zone. This is a BUY 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 19.91 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.