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(AssoAlcohol) Asso Alcohol complete technical analysis [charts+indicators] | Buy/Sell Asso Alcohol | (AssoAlcohol) share price targets

Complete technical analysis of Asso Alcohol (AssoAlcohol) by charts plus indicators, forecast predictions and share price targets for Asso Alcohol (AssoAlcohol)

10 day averaged volume of Asso Alcohol is 7093

Date Daily Closing Price Open High Low Volume
07 Tue May 2024 518.35 525.00 533.55 517.00 0.625 times
06 Mon May 2024 527.15 547.00 554.85 525.00 1.906 times
03 Fri May 2024 537.40 562.00 575.05 535.15 2.023 times
02 Thu May 2024 563.20 558.45 585.00 547.30 1.63 times
30 Tue Apr 2024 554.70 558.40 558.40 541.45 0.379 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 517, for a target of 531.4 or 543.42

Share price targets for Asso Alcohol (AssoAlcohol)

Target Type Value
Downside Target 399.00
Downside Target 459.05
Downside Target 474.70
Downside Target 517.00
Upside Target 554.60
Upside Target 564.35
Upside Target 567.10
Upside Target 569.65
Upside Target 585.00
Upside Target 594.55

Intraday share price targets for Asso Alcohol (AssoAlcohol)

Target Type Value
Downside Intraday Target 505.28
Downside Intraday Target 492.22
Upside Intraday Target 543.13
Upside Intraday Target 567.92
Upside Intraday Target 530.07

Weekly technical analysis of Asso Alcohol (AssoAlcohol)

Date Weekly Closing Price Open High Low Volume
07 Tue May 2024 518.35 547.00 554.85 517.00 0.503 times
03 Fri May 2024 537.40 547.75 585.00 535.15 1.622 times
26 Fri Apr 2024 538.35 569.65 569.65 535.20 0.452 times
19 Fri Apr 2024 560.85 549.35 567.10 521.90 1.77 times
12 Fri Apr 2024 550.40 539.75 554.60 520.70 0.435 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 Asso Alcohol (AssoAlcohol)

Date Monthly Closing Price Open High Low Volume
07 Tue May 2024 518.35 558.45 585.00 517.00 0.256 times
30 Tue Apr 2024 554.70 474.70 569.65 474.70 1.119 times
28 Thu Mar 2024 470.85 540.00 564.35 459.05 0.321 times
29 Thu Feb 2024 536.40 494.00 594.55 399.00 1.217 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 Asso Alcohol (AssoAlcohol)

Indicator Name Indicator Value Indicator Signal
ADX 19, 18, 3 Buy
MACD 13, 19Sell
Stochastics 3Sell
CCI -207Sell
RSI 54Buy
OBV 2160Sell
VWAP 542Sell
ADL 0Sell
ROC -6Sell
Force Index 0Sell

Price action analysis of Asso Alcohol ( (AssoAlcohol) ) 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 Asso Alcohol ( (AssoAlcohol) ) 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 Asso Alcohol ( (AssoAlcohol) ) based on a short to mid 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 Asso Alcohol ( (AssoAlcohol) ) based on a mid to longer 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.

ADX buy sell signal for Asso Alcohol stock for short term is BUY. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Asso Alcohol in short term but the sell signal is initial and weak.

Asso Alcohol Stock is trading near its recent LOWS in short term which reflects strong selling momentum. 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 Asso Alcohol 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

Although the stock is in the BUY zone, but buying might be slowing down

Stock of Asso Alcohol is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 541.5 and Asso Alcohol (AssoAlcohol) 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 Asso Alcohol (AssoAlcohol) stock. Volume based technical analysis of Asso Alcohol (AssoAlcohol) stock is negative.

Asso Alcohol 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.

Click here for Asso Alcohol charts

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