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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 112243

Date Daily Closing Price Open High Low Volume
17 Fri May 2024 2809.70 2819.75 2836.95 2787.00 0.52 times
16 Thu May 2024 2814.25 2828.40 2828.40 2786.00 0.668 times
15 Wed May 2024 2812.95 2866.00 2874.05 2805.95 0.659 times
14 Tue May 2024 2865.60 2880.00 2887.20 2841.55 0.308 times
13 Mon May 2024 2878.90 2772.80 2894.20 2753.50 1.646 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 2797.5 as stoploss in an intra day buy trade for a target of 2854.89. However, stock will show a bearish move below 2797.5.

Share price targets for Asian Paints (AsianPaints)

Target Type Value
Downside Target 2671.00
Downside Target 2753.50
Upside Target 2894.20
Upside Target 2899.75
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 2744.07
Downside Intraday Target 2678.43
Upside Intraday Target 2884.77
Upside Intraday Target 2959.83
Upside Intraday Target 2819.13

Weekly technical analysis of Asian Paints (AsianPaints)

Date Weekly Closing Price Open High Low Volume
17 Fri May 2024 2809.70 2772.80 2894.20 2753.50 0.613 times
10 Fri May 2024 2772.80 2938.05 2967.00 2671.00 1.945 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

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
17 Fri May 2024 2809.70 2877.90 2998.00 2671.00 1.046 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 19, 27, 17 Sell
MACD -31, -25Sell
Stochastics 45None
CCI -39Buy
RSI 51Buy
OBV -232685Sell
VWAP 2805Buy
ADL 0Sell
ROC -4Sell
Force Index 0Sell

Price action analysis of Asian Paints ( (AsianPaints) ) 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 Asian Paints ( (AsianPaints) ) 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 Asian Paints ( (AsianPaints) ) 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 Asian Paints ( (AsianPaints) ) based on a mid to longer term time period is

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 SELL signal for Asian Paints in short term and the sell 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 buy signal for Asian Paints in short term but BUY signal is weak.

RSI is generating a BUY signal in short term and the buying is gaining 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 2805.33 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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