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(AsianPaints) Asian Paints complete technical analysis [charts+indicators] | Buy/Sell Asian Paints | (AsianPaints) share price targets

Complete technical analysis of Asian Paints (AsianPaints) by charts plus indicators, forecast predictions and share price targets for Asian Paints (AsianPaints)

10 day averaged volume of Asian Paints is 75474

Date Daily Closing Price Open High Low Volume
26 Fri Apr 2024 2844.60 2855.45 2877.15 2837.00 0.835 times
25 Thu Apr 2024 2861.55 2860.35 2868.85 2829.65 0.909 times
24 Wed Apr 2024 2867.30 2885.95 2885.95 2859.80 0.626 times
23 Tue Apr 2024 2874.35 2846.50 2876.00 2843.45 0.635 times
22 Mon Apr 2024 2841.90 2849.55 2849.55 2816.00 0.241 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 2832.1 as stoploss in an intra day buy trade for a target of 2859.22. However, stock will show a bearish move below 2832.1.

Share price targets for Asian Paints (AsianPaints)

Target Type Value
Downside Target 2766.05
Upside Target 2899.75
Upside Target 2915.95
Upside Target 2942.35
Upside Target 2943.50
Upside Target 3038.75
Upside Target 3139.15
Upside Target 3408.40
Upside Target 3422.00

Intraday share price targets for Asian Paints (AsianPaints)

Target Type Value
Downside Intraday Target 2811.75
Downside Intraday Target 2778.9
Upside Intraday Target 2881.7
Upside Intraday Target 2918.8
Upside Intraday Target 2848.85

Weekly technical analysis of Asian Paints (AsianPaints)

Date Weekly Closing Price Open High Low Volume
26 Fri Apr 2024 2844.60 2849.55 2885.95 2816.00 0.577 times
19 Fri Apr 2024 2808.45 2798.00 2858.00 2766.05 1.494 times
12 Fri Apr 2024 2855.65 2910.95 2915.95 2845.00 0.919 times
05 Fri Apr 2024 2884.65 2855.70 2942.35 2847.05 1.307 times
28 Thu Mar 2024 2846.00 2806.35 2867.15 2806.35 0.516 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 Asian Paints (AsianPaints)

Date Monthly Closing Price Open High Low Volume
26 Fri Apr 2024 2844.60 2855.70 2942.35 2766.05 0.837 times
28 Thu Mar 2024 2846.00 2826.15 2899.75 2777.80 0.911 times
29 Thu Feb 2024 2825.40 2960.00 3038.75 2777.00 0.867 times
31 Wed Jan 2024 2958.00 3386.30 3408.40 2943.50 1.86 times

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 Asian Paints (AsianPaints)

Indicator Name Indicator Value Indicator Signal
ADX 18, 25, 15 Sell
MACD -28, -33Buy
Stochastics 67None
CCI 36Sell
RSI 56Buy
OBV -539216Sell
VWAP 2839Buy
ADL 0Sell
ROC -2Sell
Force Index 0Sell

Price action analysis of Asian Paints ( (AsianPaints) ) 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 Asian Paints ( (AsianPaints) ) based on a short 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 Asian Paints ( (AsianPaints) ) based on a short to mid 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 Asian Paints ( (AsianPaints) ) 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 Asian Paints stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a BUY signal for Asian Paints 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.

Asian Paints Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Asian Paints in short term but SELL signal is weak.

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 Asian Paints is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 2838.96 and Asian Paints (AsianPaints) 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 Asian Paints (AsianPaints) stock. Volume based technical analysis of Asian Paints (AsianPaints) stock is negative.

Asian Paints 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.

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