(ASIANPAINT) Asian Paints complete technical analysis [charts+indicators] | Buy/Sell Asian Paints | (ASIANPAINT) share price targets
Complete technical analysis of Asian Paints (ASIANPAINT) by charts plus indicators, forecast predictions and share price targets for Asian Paints (ASIANPAINT)
10 day averaged volume of Asian Paints is 1691590
| Date | Daily Closing Price | Open | High | Low | Volume |
| 17 Fri May 2024 | 2809.90 | 2814.60 | 2838.20 | 2786.10 | 0.783 times |
| 16 Thu May 2024 | 2814.05 | 2821.05 | 2837.60 | 2786.55 | 0.907 times |
| 15 Wed May 2024 | 2813.70 | 2866.15 | 2874.25 | 2806.15 | 0.727 times |
| 14 Tue May 2024 | 2866.15 | 2879.00 | 2888.00 | 2842.00 | 0.591 times |
| 13 Mon May 2024 | 2879.25 | 2771.25 | 2895.00 | 2754.10 | 1.625 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 2797 as stoploss in an intra day buy trade for a target of 2855.04. However, stock will show a bearish move below 2797.
Share price targets for Asian Paints (ASIANPAINT)
| Target Type | Value |
| Downside Target | 2670.10 |
| Downside Target | 2754.10 |
| Upside Target | 2895.00 |
| Upside Target | 2899.90 |
| Upside Target | 2940.05 |
| Upside Target | 2943.25 |
| Upside Target | 2967.95 |
| Upside Target | 2997.00 |
| Upside Target | 3035.00 |
| Upside Target | 3411.80 |
Intraday share price targets for Asian Paints (ASIANPAINT)
| Target Type | Value |
| Downside Intraday Target | 2744.33 |
| Downside Intraday Target | 2678.77 |
| Upside Intraday Target | 2885.23 |
| Upside Intraday Target | 2960.57 |
| Upside Intraday Target | 2819.67 |
Weekly technical analysis of Asian Paints (ASIANPAINT)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 17 Fri May 2024 | 2809.90 | 2771.25 | 2895.00 | 2754.10 | 0.863 times |
| 10 Fri May 2024 | 2771.25 | 2950.00 | 2967.95 | 2670.10 | 1.527 times |
| 03 Fri May 2024 | 2929.75 | 2844.15 | 2997.00 | 2839.00 | 1.308 times |
| 26 Fri Apr 2024 | 2844.15 | 2846.60 | 2883.10 | 2814.05 | 0.934 times |
| 19 Fri Apr 2024 | 2808.55 | 2830.20 | 2859.20 | 2766.15 | 1.188 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 Asian Paints (ASIANPAINT)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 17 Fri May 2024 | 2809.90 | 2875.10 | 2997.00 | 2670.10 | 1.035 times |
| 30 Tue Apr 2024 | 2875.90 | 2860.95 | 2943.25 | 2766.15 | 0.945 times |
| 28 Thu Mar 2024 | 2846.75 | 2832.90 | 2899.90 | 2777.75 | 0.679 times |
| 29 Thu Feb 2024 | 2821.90 | 2961.00 | 3035.00 | 2776.75 | 1.296 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 Asian Paints (ASIANPAINT)
| Indicator Name | Indicator Value | Indicator Signal |
| ADX | 18, 27, 20 | Sell |
| MACD | -31, -25 | Sell |
| Stochastics | 45 | None |
| CCI | -38 | Sell |
| RSI | 50 | Sell |
| OBV | -826634 | Sell |
| VWAP | 2811 | Sell |
| ADL | 0 | Sell |
| ROC | -4 | Sell |
| Force Index | 0 | Sell |
Price action analysis of Asian Paints ( (ASIANPAINT) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Asian Paints ( (ASIANPAINT) ) 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 Asian Paints ( (ASIANPAINT) ) 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 Asian Paints ( (ASIANPAINT) ) based on a mid to longer term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
ADX buy sell signal for Asian Paints stock for short term is SELL. Signal strength is Strong and stock is losing momentum.
MACD generated a SELL signal for Asian Paints in short term and the sell signal is strong.
Asian Paints 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 getting stronger in this stock.
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 Asian Paints 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 positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying might be slowing down
Stock of Asian Paints is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 2811.21 and Asian Paints (ASIANPAINT) 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 Asian Paints (ASIANPAINT) stock. Volume based technical analysis of Asian Paints (ASIANPAINT) stock is negative.
Asian Paints 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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