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

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

10 day averaged volume of Ashok Alco is 5088

Date Daily Closing Price Open High Low Volume
30 Tue Apr 2024 107.50 109.10 109.10 103.80 1.805 times
29 Mon Apr 2024 106.95 113.00 113.00 106.00 0.37 times
26 Fri Apr 2024 109.65 106.35 109.95 106.35 0.532 times
25 Thu Apr 2024 107.20 111.90 111.90 107.10 0.763 times
24 Wed Apr 2024 106.70 113.95 113.95 104.25 0.956 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 110.4, but if it comes above 110.4, then a intra day buy could be more profitable.
If you take a sell trade below 110.4, then use 110.4 as stoploss and 101.6 as target. However if you take a buy trade in stock , then use 110.4 as stoploss and 117.8 as target.

Share price targets for Ashok Alco (AshokAlco)

Target Type Value
Downside Target 103.80
Downside Target 106.45
Upside Target 113.00
Upside Target 118.05
Upside Target 124.95
Upside Target 130.20
Upside Target 133.50
Upside Target 139.00
Upside Target 141.95
Upside Target 212.20
Upside Target 216.40

Intraday share price targets for Ashok Alco (AshokAlco)

Target Type Value
Downside Intraday Target 103.2
Downside Intraday Target 98.9
Upside Intraday Target 112.4
Upside Intraday Target 117.3
Upside Intraday Target 108.1

Weekly technical analysis of Ashok Alco (AshokAlco)

Date Weekly Closing Price Open High Low Volume
30 Tue Apr 2024 107.50 113.00 113.00 103.80 0.415 times
26 Fri Apr 2024 109.65 115.35 119.85 104.25 1.86 times
19 Fri Apr 2024 115.35 118.00 124.95 114.40 1.216 times
12 Fri Apr 2024 120.00 122.00 128.95 118.05 1.02 times
05 Fri Apr 2024 126.00 120.00 133.50 115.05 0.53 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 Alco (AshokAlco)

Date Monthly Closing Price Open High Low Volume
30 Tue Apr 2024 107.50 120.00 133.50 103.80 0.572 times
28 Thu Mar 2024 120.00 131.75 141.95 106.45 0.87 times
29 Thu Feb 2024 131.75 216.40 216.40 126.65 0.921 times
31 Wed Jan 2024 212.20 132.10 212.20 130.20 1.819 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 Ashok Alco (AshokAlco)

Indicator Name Indicator Value Indicator Signal
ADX 9, 24, 45 Sell
MACD -12, -12Sell
Stochastics 18Sell
CCI -85Sell
RSI 39Sell
OBV -34030Sell
VWAP 111Sell
ADL 0Sell
ROC -11Sell
Force Index 0Sell

Price action analysis of Ashok Alco ( (AshokAlco) ) 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 Alco ( (AshokAlco) ) 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 Alco ( (AshokAlco) ) 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 Ashok Alco ( (AshokAlco) ) 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 Ashok Alco stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

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

Ashok Alco 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 SELL signal for Ashok Alco in short term and SELL signal is strong!

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Ashok Alco is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 110.92 and Ashok Alco (AshokAlco) 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 Alco (AshokAlco) stock. Volume based technical analysis of Ashok Alco (AshokAlco) stock is negative.

Ashok Alco 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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