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Stock analysis Ashoka Metcast Limited ASHOKAMET

More indepth analysis on MunafaSutra.com

Moving Averages for Ashoka Metcast Limited

  • 5Day Average: 17.59
  • 12Day Average: 17.11
  • 20Day Average: 17.31
  • 50Day Average: 18.92
  • 100Day Average: 19.91
  • 150Day Average: 19.97
  • 200Day Average: 20.57

ASHOKAMET Indicators & signals

Indicator MACD (12,26,9)

17.29, 17.7, -0.6
Indicator MACD is in negative zone

Indicator ADX (14)

17.65, 18.75, 26.79
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 48
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of ASHOKAMET Ashoka Metcast Limited are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
07 Mon Apr 2025 17.01 16.52 to 17.95 -6.07% 2.46 times
04 Fri Apr 2025 18.11 17.56 to 18.80 1.23% 0.65 times
03 Thu Apr 2025 17.89 17.51 to 18.00 1.88% 0.28 times
02 Wed Apr 2025 17.56 17.50 to 17.90 1.15% 0.81 times
01 Tue Apr 2025 17.36 15.69 to 17.99 11.71% 1.37 times
28 Fri Mar 2025 15.54 15.00 to 16.80 -4.9% 1.61 times
27 Thu Mar 2025 16.34 16.31 to 16.80 -2.21% 1.19 times
26 Wed Mar 2025 16.71 16.62 to 17.24 -1.47% 0.63 times
25 Tue Mar 2025 16.96 16.80 to 17.69 -2.53% 0.65 times
24 Mon Mar 2025 17.40 17.32 to 17.74 1.16% 0.74 times
21 Fri Mar 2025 17.20 17.00 to 17.49 0.06% 2.07 times
20 Thu Mar 2025 17.19 17.13 to 17.50 0% 0.75 times

Technical analysis forecast for Ashoka Metcast Limited Stock is that its in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT Ashoka Metcast Limited ASHOKAMET at this time. Stock is falling and might fall more.

It appears as if Ashoka Metcast Limited ASHOKAMET gave a large move recently.

Stock of Ashoka Metcast Limited (ASHOKAMET) is trading below an important moving average line, but it crossed this line recently, which means that it could show a small or a large recovery soon enough depending on its trend.

My analysis of Ashoka Metcast Limited is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 16.8 as stoploss in an intra day buy trade for a target of 17.47. However, stock will show a bearish move below 16.8.

More indepth analysis on MunafaSutra.com