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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 6159

Date Daily Closing Price Open High Low Volume
21 Tue May 2024 99.95 99.95 99.95 99.95 0.414 times
20 Mon May 2024 95.20 95.20 95.20 95.20 0.201 times
17 Fri May 2024 90.70 88.15 90.70 88.15 0.485 times
16 Thu May 2024 86.40 92.10 92.10 85.00 1.55 times
15 Wed May 2024 87.75 92.80 92.80 87.00 0.721 times

My analysis of stock is bullish for shortterm, and stock might move up till 106.7 or till 116. Use a stoploss of 99 and if this stock hits its stoploss, then it can fall down till 91.3

Share price targets for Ashok Alco (AshokAlco)

Target Type Value
Downside Target 85.00
Downside Target 91.80
Downside Target 94.60
Downside Target 99.95
Upside Target 103.80
Upside Target 110.00
Upside Target 113.00
Upside Target 119.85
Upside Target 126.65
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 96.78
Downside Intraday Target 93.62
Upside Intraday Target 101.53
Upside Intraday Target 103.12
Downside Intraday Target 98.37

Weekly technical analysis of Ashok Alco (AshokAlco)

Date Weekly Closing Price Open High Low Volume
21 Tue May 2024 99.95 95.20 99.95 95.20 0.085 times
17 Fri May 2024 90.70 94.60 94.60 85.00 2.487 times
10 Fri May 2024 92.70 102.00 105.75 91.80 0.631 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

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 Ashok Alco (AshokAlco)

Date Monthly Closing Price Open High Low Volume
21 Tue May 2024 99.95 110.00 110.00 85.00 1.116 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 18, 23, 12 Sell
MACD -14, -16Buy
Stochastics 51None
CCI 138Buy
RSI 53Buy
OBV -72905Sell
VWAP 90Buy
ADL 0Sell
ROC 0Buy
Force Index 0Sell

Price action analysis of Ashok Alco ( (AshokAlco) ) 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 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 Weak and stock is losing momentum.

MACD generated a BUY signal for Ashok Alco in short term but the buy signal is initial and weak.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Ashok Alco 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. Bulls 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 moving up

CCI has generated a buy signal for Ashok Alco in short term and BUY signal is strong.

RSI is generating a BUY signal in short term and the buying is gaining 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 90.31 and Ashok Alco (AshokAlco) 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 Ashok Alco (AshokAlco) stock. Volume based technical analysis of Ashok Alco (AshokAlco) stock is negative.

Ashok Alco Stock is giving positive 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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