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(ASHOKLEY) Ashok Leyland complete technical analysis [charts+indicators] | Buy/Sell Ashok Leyland | (ASHOKLEY) share price targets

Complete technical analysis of Ashok Leyland (ASHOKLEY) by charts plus indicators, forecast predictions and share price targets for Ashok Leyland (ASHOKLEY)

Ashok Leyland trades in NSE in Commercial Vehicles sector.

10 day averaged volume of Ashok Leyland is 26206801

Date Daily Closing Price Open High Low Volume
16 Fri Apr 2021 113.65 112.50 115.85 112.00 0.726 times
15 Thu Apr 2021 112.00 113.15 114.85 110.05 0.859 times
13 Tue Apr 2021 115.30 113.05 115.80 111.50 0.901 times
12 Mon Apr 2021 112.15 117.35 117.35 110.75 1.378 times
09 Fri Apr 2021 121.20 124.25 125.60 120.35 1.049 times
08 Thu Apr 2021 122.75 117.95 124.80 117.25 2.061 times
07 Wed Apr 2021 116.75 113.00 117.15 112.50 0.836 times
06 Tue Apr 2021 112.50 114.40 114.80 112.00 0.596 times
05 Mon Apr 2021 113.35 117.40 117.60 110.80 0.853 times
01 Thu Apr 2021 118.15 115.25 118.75 113.50 0.837 times

My analysis of stock is bearish for shortterm, and stock might move down till 111.7 or till 108. Use a stoploss of 114.81 and if the stock hits stoploss, then it can shoot up till 117.89

Share price targets for Ashok Leyland (ASHOKLEY)

Target Type Value
Downside Target 87.25
Downside Target 95.70
Downside Target 102.10
Downside Target 107.25
Upside Target 116.80
Upside Target 118.75
Upside Target 123.90
Upside Target 125.60
Upside Target 127.25
Upside Target 134.35
Upside Target 138.90

Intraday share price targets for Ashok Leyland (ASHOKLEY)

Target Type Value
Downside Intraday Target 110.02
Downside Intraday Target 106.38
Upside Intraday Target 117.32
Upside Intraday Target 120.98
Upside Intraday Target 113.68

Weekly technical analysis of Ashok Leyland (ASHOKLEY)

Date Weekly Closing Price Open High Low Volume
16 Fri Apr 2021 113.65 117.35 117.35 110.05 0.716 times
09 Fri Apr 2021 121.20 117.40 125.60 110.80 2.552 times
01 Thu Apr 2021 118.15 115.50 118.75 111.70 0.509 times
26 Fri Mar 2021 114.05 116.10 116.80 107.25 0.741 times
19 Fri Mar 2021 116.30 123.60 123.90 108.00 1.888 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 Ashok Leyland (ASHOKLEY)

Date Monthly Closing Price Open High Low Volume
16 Fri Apr 2021 113.65 115.25 125.60 110.05 0.537 times
31 Wed Mar 2021 113.50 130.70 134.35 107.25 0.773 times
25 Thu Feb 2021 131.15 111.90 138.90 108.50 0.784 times
29 Fri Jan 2021 110.80 95.70 127.25 95.70 1.444 times

Scroll below to view daily charts

Price has moved up 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 Ashok Leyland (ASHOKLEY)

Indicator Name Indicator Value Indicator Signal
ADX 18, 27, 18 Sell
MACD -3, -3Sell
Stochastics 22Sell
CCI -46Buy
RSI 52Buy
OBV -73057394Sell
VWAP 117Sell
ADL 0Sell
ROC 0Buy
Force Index 0Sell

Price action analysis of Ashok Leyland ( (ASHOKLEY) ) 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 Ashok Leyland ( (ASHOKLEY) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Ashok Leyland ( (ASHOKLEY) ) 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 Ashok Leyland ( (ASHOKLEY) ) based on a mid to longer 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.

ADX buy sell signal for Ashok Leyland stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Ashok Leyland in short term and the sell signal is strong.

Ashok Leyland 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 in or above the red cloud Prices appear to be moving up

CCI has generated a buy signal for Ashok Leyland 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 positive zone. This is a BUY zone

Stock of Ashok Leyland is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 116.63 and Ashok Leyland (ASHOKLEY) 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 Ashok Leyland (ASHOKLEY) stock. Volume based technical analysis of Ashok Leyland (ASHOKLEY) stock is negative.

Ashok Leyland Stock is giving positive 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.

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Daily charts

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Daily chart
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