Last close · 16 Oct 2026
Rs 17.79 -1.17%
Technical analysis · updated after the close, 16 Oct 2026
Amreli Steels Limited (ASTL) technical analysis
ASTL closed at Rs 17.79 on 16 Oct 2026 (-1.17%). The daily picture is bullish: the price is above 5 of its 6 simple moving averages, MACD is below its signal line and RSI at 54.1 is neutral. The weekly trend is bullish, while the monthly chart is still bearish. Nearest support is the daily S2 at 17.58, resistance the pivot at 18.12.
Daily
Bullish
Weekly
Bullish
Monthly
Bearish
Oscillators
Neutral
1 bullish · 7 neutral · 2 bearish
| Indicator | Value | Reading |
|---|---|---|
| RSI (14) | 54.08 | Neutral |
| Stochastic %K (14, 3, 3) | 47.62 | Neutral |
| Stochastic RSI (14, 3, 3) | 0.00 | Neutral |
| CCI (20) | -14.60 | Neutral |
| ADX (14) | 22.54 | Bullish |
| Williams %R (14) | -55.28 | Neutral |
| MACD (12, 26, 9) | 0.31 | Bearish |
| Momentum (10) | 0.05 | Bearish |
| Ultimate Oscillator (7, 14, 28) | 42.32 | Neutral |
| Bull Bear Power (13) | 0.77 | Neutral |
Moving averages
Strongly bullish
11 bullish · 0 neutral · 1 bearish
| Period | Simple | Exponential | ||
|---|---|---|---|---|
| MA 10 | 17.28 | Bullish | 17.70 | Bullish |
| MA 20 | 18.12 | Bearish | 17.51 | Bullish |
| MA 30 | 17.16 | Bullish | 17.26 | Bullish |
| MA 50 | 16.51 | Bullish | 16.91 | Bullish |
| MA 100 | 16.35 | Bullish | 16.77 | Bullish |
| MA 200 | 17.40 | Bullish | 17.64 | Bullish |
Support & resistance
Daily pivots- R3 18.87
- R2 18.66
- R1 18.33
- Pivot 18.12
- S1 17.79
- S2 17.58
- S3 17.25
- Close 17.79
Pivot points
| Level | Classic | Fibonacci | Camarilla |
|---|---|---|---|
| R3 | 18.87 | 18.66 | 18.15 |
| R2 | 18.66 | 18.45 | 18.10 |
| R1 | 18.33 | 18.33 | 18.05 |
| Pivot | 18.12 | 18.12 | 18.12 |
| S1 | 17.79 | 17.91 | 17.95 |
| S2 | 17.58 | 17.79 | 17.90 |
| S3 | 17.25 | 17.58 | 17.85 |
Range & volatility
52-week range
13.8425.40
- ATR (14)
- 0.945.3% of price
- Bollinger Bands (20, 2)
- 15.76 – 20.48
- From the 52-week high
- -30.0%
- Bars analysed
- 2,694
How these readings work
Computed after each close from ASTL'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 ASTL → ASTL overview and price history →