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

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

10 day averaged volume of Ashika is 52571

Date Daily Closing Price Open High Low Volume
21 Tue May 2024 56.07 58.89 59.49 55.06 0.867 times
20 Mon May 2024 58.56 58.30 58.87 58.00 0.315 times
17 Fri May 2024 56.07 50.29 59.00 48.01 2.969 times
16 Thu May 2024 50.29 55.90 58.40 49.98 0.856 times
15 Wed May 2024 54.77 54.00 56.00 54.00 1.314 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 57.8, but if it comes above 57.8, then a intra day buy could be more profitable.
If you take a sell trade below 57.8, then use 57.8 as stoploss and 47.5 as target. However if you take a buy trade in stock , then use 57.8 as stoploss and 66.31 as target.

Share price targets for Ashika (Ashika)

Target Type Value
Downside Target 48.01
Downside Target 50.23
Downside Target 55.06
Upside Target 58.99
Upside Target 62.55
Upside Target 66.13
Upside Target 71.50
Upside Target 73.60
Upside Target 74.16
Upside Target 85.00
Upside Target 85.81
Upside Target 90.95
Upside Target 91.05

Intraday share price targets for Ashika (Ashika)

Target Type Value
Downside Intraday Target 54.26
Downside Intraday Target 52.44
Upside Intraday Target 58.69
Upside Intraday Target 61.3
Upside Intraday Target 56.87

Weekly technical analysis of Ashika (Ashika)

Date Weekly Closing Price Open High Low Volume
21 Tue May 2024 56.07 58.30 59.49 55.06 0.142 times
17 Fri May 2024 56.07 71.50 71.50 48.01 8.149 times
10 Fri May 2024 68.85 71.00 72.89 66.13 0.938 times
03 Fri May 2024 69.01 74.16 74.16 67.00 0.739 times
26 Fri Apr 2024 74.16 77.82 85.00 73.60 2.867 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 Ashika (Ashika)

Date Monthly Closing Price Open High Low Volume
21 Tue May 2024 56.07 72.00 72.89 48.01 1.616 times
30 Tue Apr 2024 71.66 71.00 90.95 67.35 4.131 times
28 Thu Mar 2024 68.25 87.52 91.05 63.16 0.559 times
29 Thu Feb 2024 85.81 60.67 85.81 58.99 1.692 times

Price has moved down this month, and volume has increased substantially. This means that the move can continue in coming months.

Indicators analysis of Ashika (Ashika)

Indicator Name Indicator Value Indicator Signal
ADX 6, 34, 69 Sell
MACD -9, -7Sell
Stochastics 36None
CCI -39Sell
RSI 41Sell
OBV -158332Sell
VWAP 56Sell
ADL 0Sell
ROC -19Sell
Force Index 0Sell

Price action analysis of Ashika ( (Ashika) ) 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 Ashika ( (Ashika) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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

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

Ashika 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. 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 Ashika in short term and SELL signal is strong!

RSI is generating a SELL signal in short term but selling is losing 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 Ashika is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 56.48 and Ashika (Ashika) 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 Ashika (Ashika) stock. Volume based technical analysis of Ashika (Ashika) stock is negative.

Ashika 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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Click here for further forecast and predictions for tomorrow

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