Advertisement

Meyka AI - Contribute to AI-powered stock and crypto research platform
Meyka Stock Market API - Real-time financial data and AI insights for developers
Advertise on Meyka - Reach investors and traders across 10 global markets
Loading...

Ashok Leyland Limited

ASHOKLEY.NSNSE
Industrials
Agricultural - Machinery
210.18
0.00(0.00%)
Indian Market opens in 11h 40m

Ashok Leyland Limited (ASHOKLEY.NS) Stock Technical Analysis & Trading Signals

Live technical indicators, trading signals, and momentum insights for Ashok Leyland Limited (NSE:ASHOKLEY.NS).

Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

ASHOKLEY.NS Technical Analysis Summary

Ashok Leyland Limited stock currently shows a bullish trend, supported by momentum and strong buying pressure.

Overall Sentiment:Buy
Momentum:Bullish (RSI: 65.60)
Trend Strength:Very Strong (ADX: 51.83)
Volatility:Medium (ATR: 5.57)
Support/Resistance:$194.05 – $215.31 (Bollinger Bands)

This mix signals that Ashok Leyland Limited is trading in a balanced range with no clear breakout yet.

Momentum Indicators

RSI (14): 65.60

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 71.84

Bullish
Buying momentum building without extremes.

Williams %R: -23.58

Bullish
Buying pressure building steadily.

Rate of Change (ROC): 5.02

Strongly Bullish
Strong upside momentum.

Takeaway:Ashok Leyland Limited shows strong bullish momentum, with buyers firmly in control.

Trend & Volatility

MACD: 5.92

Bullish
Bullish, trend momentum is strengthening.

ADX: 51.83

Very Strong
Very strong trend, powerful directional momentum.

ATR (14): 5.57

High
High volatility, wide price fluctuations.

CCI (14): 133.02

Bearish Risk
Bearish risk, overbought levels suggest caution.

Takeaway:Ashok Leyland Limited shows overheated trend conditions, with risk of sharp pullback.

Support & Resistance indicators
Bollinger Bands
Upper Band
$215.31
Middle Band (SMA 20)
$204.68
Lower Band
$194.05
Current Position
Within Bands

Takeaway:Ashok Leyland Limited trades closer to resistance, supported by stronger momentum within bands.

Keltner Channels
Upper Channel
$215.14
Middle Line (EMA 20)
$204.01
Lower Channel
$192.87
Squeeze Status
Squeeze On

Takeaway:Ashok Leyland Limited trades above the trend line, showing healthy momentum within the channel.

Volume & Money Flow Analysis
On-Balance Volume436.10M
Money Flow Index47.19Neutral, balanced money flows with no clear signal.
Relative Vigor Index69.30Bullish, price momentum strongly favors buyers.

Overall Takeaway:ASHOKLEY.NS shows mixed signals in money flow analysis.

Technical Trading Signals Summary
Based on the current technical analysis of Ashok Leyland Limited, here are the key trading signals and recommendations:

Bullish Signals

RSI above 50 → positive momentum from buyers.

MACD above 0 → bullish trend confirmation.

ADX above 20 → strong underlying trend.

Price trading above middle Bollinger Band → mid-term support intact.

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

MACD below signal line → short-term caution on momentum.

Overall Recommendation:Ashok Leyland Limited stock shows a Strong Buy signal — momentum and trend strength are firmly positive, supported by stable volatility.

Technical Analysis FAQ