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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 5209

Date Daily Closing Price Open High Low Volume
08 Wed May 2024 96.25 104.60 104.60 95.00 1.355 times
07 Tue May 2024 99.75 102.55 105.75 99.65 0.599 times
06 Mon May 2024 104.65 102.00 104.95 102.00 0.366 times
03 Fri May 2024 101.50 109.00 109.00 100.50 1.179 times
02 Thu May 2024 105.75 110.00 110.00 105.00 2.179 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 93, for a target of 103.3 or 111.96

Share price targets for Ashok Alco (AshokAlco)

Target Type Value
Downside Target 95.00
Upside Target 100.50
Upside Target 103.80
Upside Target 110.00
Upside Target 113.00
Upside Target 118.05
Upside Target 124.95
Upside Target 128.95
Upside Target 130.20
Upside Target 133.50
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 92.25
Downside Intraday Target 88.25
Upside Intraday Target 103
Upside Intraday Target 109.75
Upside Intraday Target 99

Weekly technical analysis of Ashok Alco (AshokAlco)

Date Weekly Closing Price Open High Low Volume
08 Wed May 2024 96.25 102.00 105.75 95.00 0.423 times
03 Fri May 2024 101.50 113.00 113.00 100.50 1.072 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

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
08 Wed May 2024 96.25 110.00 110.00 95.00 0.393 times
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

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 6, 29, 64 Sell
MACD -14, -13Sell
Stochastics 10Sell
CCI -160Sell
RSI 39Sell
OBV -54197Sell
VWAP 104Sell
ADL 0Sell
ROC -12Sell
Force Index 0Sell

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 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 coming down

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 104.31 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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