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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 74178

Date Daily Closing Price Open High Low Volume
08 Wed May 2024 2844.25 2890.15 2906.40 2821.30 1.332 times
07 Tue May 2024 2911.55 2935.55 2967.00 2904.55 0.96 times
06 Mon May 2024 2932.20 2938.05 2958.35 2913.00 0.473 times
03 Fri May 2024 2927.50 2998.00 2998.00 2910.05 1.03 times
02 Thu May 2024 2973.80 2877.90 2987.00 2877.05 2.738 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 2830.8 as stoploss in an intra day buy trade for a target of 2871.22. However, stock will show a bearish move below 2830.8.

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 2967.00
Upside Target 2998.00
Upside Target 3038.75
Upside Target 3408.40

Intraday share price targets for Asian Paints (AsianPaints)

Target Type Value
Downside Intraday Target 2788.03
Downside Intraday Target 2731.82
Upside Intraday Target 2933.73
Upside Intraday Target 3023.22
Upside Intraday Target 2877.52

Weekly technical analysis of Asian Paints (AsianPaints)

Date Weekly Closing Price Open High Low Volume
08 Wed May 2024 2844.25 2938.05 2967.00 2821.30 0.573 times
03 Fri May 2024 2927.50 2840.00 2998.00 2837.15 1.46 times
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

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 Asian Paints (AsianPaints)

Date Monthly Closing Price Open High Low Volume
08 Wed May 2024 2844.25 2877.90 2998.00 2821.30 0.361 times
30 Tue Apr 2024 2877.05 2855.70 2942.35 2766.05 0.889 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

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 22, 23, 4 Sell
MACD 2, -4Buy
Stochastics 42None
CCI -65Sell
RSI 51Buy
OBV -615298Sell
VWAP 2905Sell
ADL 0Sell
ROC -1Sell
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 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 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 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 and the buy signal is strong.

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. Bears are getting stronger in this stock.

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 and SELL signal is strong!

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 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 2904.83 and Asian Paints (AsianPaints) 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 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 positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

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