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

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

10 day averaged volume of Afel is 22472

Date Daily Closing Price Open High Low Volume
16 Thu May 2024 6.54 6.99 6.99 6.33 1.827 times
15 Wed May 2024 6.66 6.65 6.66 6.65 1.485 times
14 Tue May 2024 6.35 5.75 6.35 5.75 1.146 times
13 Mon May 2024 6.05 6.05 6.05 5.49 2.329 times
10 Fri May 2024 5.77 5.77 5.77 5.77 0.725 times

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 6.5, for a target of 6.2 or 5.97

Share price targets for Afel (Afel)

Target Type Value
Downside Target 4.82
Downside Target 5.35
Downside Target 5.49
Downside Target 5.69
Downside Target 5.83
Downside Target 6.25
Downside Target 6.30
Upside Target 6.97
Upside Target 6.99
Upside Target 7.01
Upside Target 8.47
Upside Target 10.86

Intraday share price targets for Afel (Afel)

Target Type Value
Downside Intraday Target 5.69
Downside Intraday Target 4.84
Upside Intraday Target 7.19
Upside Intraday Target 7.84
Downside Intraday Target 6.34

Weekly technical analysis of Afel (Afel)

Date Weekly Closing Price Open High Low Volume
16 Thu May 2024 6.54 6.05 6.99 5.49 2.879 times
10 Fri May 2024 5.77 5.75 5.91 5.71 0.971 times
03 Fri May 2024 5.80 5.77 5.88 5.69 1.746 times
26 Fri Apr 2024 5.88 5.94 6.00 5.83 0.735 times
19 Fri Apr 2024 5.94 6.30 6.30 5.94 2.002 times

Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Afel (Afel)

Date Monthly Closing Price Open High Low Volume
16 Thu May 2024 6.54 5.69 6.99 5.49 0.718 times
30 Tue Apr 2024 5.80 5.50 6.97 5.50 0.274 times
28 Thu Mar 2024 5.49 6.77 7.01 5.35 0.245 times
29 Thu Feb 2024 6.45 8.86 10.86 6.25 1.756 times

Price has moved up 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 Afel (Afel)

Indicator Name Indicator Value Indicator Signal
ADX 48, 19, 44 Buy
MACD 0, -0Buy
Stochastics 90Buy
CCI 146Sell
RSI 63Buy
OBV 14980Sell
VWAP 6Buy
ADL 0Sell
ROC 15Buy
Force Index 0Sell

Price action analysis of Afel ( (Afel) ) based on a short 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.

Price action analysis of Afel ( (Afel) ) based on a short 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.

Price action analysis of Afel ( (Afel) ) based on a short to mid 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.

Price action analysis of Afel ( (Afel) ) based on a mid to longer 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.

ADX buy sell signal for Afel stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Afel in short term and the buy signal is strong.

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

Afel Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears 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 Afel in short term but SELL signal is weak.

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

Stock of Afel is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 6.19 and Afel (Afel) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

People seem to be coming out and selling the Afel (Afel) stock. Volume based technical analysis of Afel (Afel) stock is negative.

Afel Stock is giving positive 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.

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