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Engineering

ASL Aisha Steel Mills Limited

Latest results: FY2026 · Jun 2026

Last close · 16 Oct 2026

Rs 15.09 -1.18%

Technical analysis · updated after the close, 16 Oct 2026

Aisha Steel Mills Limited (ASL) technical analysis

ASL closed at Rs 15.09 on 16 Oct 2026 (-1.18%). The daily picture is bearish: the price is below 4 of its 6 simple moving averages, MACD is below its signal line and RSI at 40.7 is weak but not oversold. The weekly trend is bullish, and the monthly chart is bullish. Nearest support is the daily S2 at 14.97, resistance S1 at 15.12.

Daily

Bearish

Weekly

Bullish

Monthly

Bullish

Details for Daily Weekly Monthly

Oscillators

Neutral

1 bullish · 7 neutral · 2 bearish

Indicator Value Reading
RSI (14) 40.67 Neutral
Stochastic %K (14, 3, 3) 6.63 Neutral
Stochastic RSI (14, 3, 3) 0.00 Neutral
CCI (20) -112.55 Neutral
ADX (14) 18.30 Neutral
Williams %R (14) -94.62 Neutral
MACD (12, 26, 9) -0.18 Bearish
Momentum (10) -1.54 Bullish
Ultimate Oscillator (7, 14, 28) 32.64 Neutral
Bull Bear Power (13) -0.95 Bearish

Moving averages

Bearish

4 bullish · 0 neutral · 8 bearish

Period Simple Exponential
MA 10 15.48 15.54
MA 20 16.07 15.79
MA 30 16.34 15.77
MA 50 15.64 15.44
MA 100 14.26 14.56
MA 200 13.01 13.62

Support & resistance

Daily pivots
  • R3 15.80
  • R2 15.65
  • R1 15.46
  • Pivot 15.31
  • S1 15.12
  • S2 14.97
  • S3 14.78
  • Close 15.09

Pivot points

Level Classic Fibonacci Camarilla
R3 15.80 15.65 15.36
R2 15.65 15.52 15.33
R1 15.46 15.44 15.30
Pivot 15.31 15.31 15.31
S1 15.12 15.18 15.24
S2 14.97 15.10 15.21
S3 14.78 14.97 15.18

Range & volatility

52-week range

8.5118.40

ATR (14)
0.704.7% of price
Bollinger Bands (20, 2)
14.78 – 17.36
From the 52-week high
-18.0%
Bars analysed
3,493

Oscillators

Neutral

2 bullish · 7 neutral · 1 bearish

Indicator Value Reading
RSI (14) 55.81 Neutral
Stochastic %K (14, 3, 3) 58.10 Neutral
Stochastic RSI (14, 3, 3) 0.00 Neutral
CCI (20) 49.43 Neutral
ADX (14) 36.88 Bullish
Williams %R (14) -51.88 Neutral
MACD (12, 26, 9) 0.99 Bullish
Momentum (10) 1.24 Bearish
Ultimate Oscillator (7, 14, 28) 48.19 Neutral
Bull Bear Power (13) 0.85 Neutral

Moving averages

Strongly bullish

10 bullish · 0 neutral · 2 bearish

Period Simple Exponential
MA 10 15.70 15.43
MA 20 14.37 14.62
MA 30 13.42 14.08
MA 50 13.04 13.39
MA 100 12.25 12.25
MA 200 9.55 11.51

Support & resistance

Weekly pivots
  • R3 17.69
  • R2 17.14
  • R1 16.30
  • Pivot 15.75
  • S1 14.91
  • S2 14.36
  • S3 13.52
  • Close 15.09

Pivot points

Level Classic Fibonacci Camarilla
R3 17.69 17.14 15.84
R2 17.14 16.61 15.71
R1 16.30 16.28 15.59
Pivot 15.75 15.75 15.75
S1 14.91 15.22 15.33
S2 14.36 14.89 15.21
S3 13.52 14.36 15.08

Range & volatility

52-week range

8.5118.40

ATR (14)
1.419.4% of price
Bollinger Bands (20, 2)
11.26 – 17.49
From the 52-week high
-18.0%
Bars analysed
740

Oscillators

Neutral

2 bullish · 6 neutral · 2 bearish

Indicator Value Reading
RSI (14) 59.54 Neutral
Stochastic %K (14, 3, 3) 75.13 Neutral
Stochastic RSI (14, 3, 3) 0.00 Neutral
CCI (20) 140.72 Bearish
ADX (14) 28.07 Bullish
Williams %R (14) -33.47 Neutral
MACD (12, 26, 9) 1.28 Bullish
Momentum (10) 1.90 Bearish
Ultimate Oscillator (7, 14, 28) 48.86 Neutral
Bull Bear Power (13) 5.96 Neutral

Moving averages

Strongly bullish

10 bullish · 0 neutral · 0 bearish

Period Simple Exponential
MA 10 13.00 13.65
MA 20 12.57 12.55
MA 30 11.20 11.91
MA 50 9.54 11.50
MA 100 11.76 11.37
MA 200 — —

Support & resistance

Monthly pivots
  • R3 23.45
  • R2 20.93
  • R1 18.90
  • Pivot 16.38
  • S1 14.35
  • S2 11.83
  • S3 9.80
  • Close 15.09

Pivot points

Level Classic Fibonacci Camarilla
R3 23.45 20.93 18.13
R2 20.93 19.19 17.71
R1 18.90 18.11 17.30
Pivot 16.38 16.38 16.38
S1 14.35 14.64 16.46
S2 11.83 13.56 16.05
S3 9.80 11.83 15.63

Range & volatility

52-week range

8.5118.40

ATR (14)
2.5116.6% of price
Bollinger Bands (20, 2)
8.87 – 16.27
From the 52-week high
-18.0%
Bars analysed
171

How these readings work

Computed after each close from ASL's daily prices; weekly and monthly bars are built from them, and days without trading are left out. Each oscillator and moving average gives a bullish, neutral or bearish reading, and the summary weighs them: strongly bullish when clearly more readings are bullish, strongly bearish when clearly more are bearish. Pivot levels come from the previous completed bar. Readings describe the chart; they are not a recommendation. For information purposes only, not investment advice.

Pattern signals for ASL → ASL overview and price history →