Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(SAIL) Steel Authority complete technical analysis [charts+indicators] | Buy/Sell Steel Authority | (SAIL) share price targets

Complete technical analysis of Steel Authority (SAIL) by charts plus indicators, forecast predictions and share price targets for Steel Authority (SAIL)

Steel Authority trades in NSE in Iron & Steel sector.

Showing technical analysis as on 2024-08-02 View latest technical analysis

10 day averaged volume of Steel Authority is 27332184

Date	Daily Closing Price	Open	High	Low	Volume
02 Fri Aug 2024	146.23	147.73	148.18	145.10	1.085 times
01 Thu Aug 2024	150.03	154.05	156.35	149.03	1.364 times
31 Wed Jul 2024	153.04	149.50	154.01	147.66	1.307 times
30 Tue Jul 2024	148.10	147.47	149.61	146.30	0.451 times
29 Mon Jul 2024	147.74	149.14	150.00	146.80	0.554 times
26 Fri Jul 2024	147.39	145.00	147.98	143.84	0.948 times
25 Thu Jul 2024	142.59	144.90	144.90	141.41	1.158 times
24 Wed Jul 2024	146.99	141.50	147.60	141.39	1.169 times
23 Tue Jul 2024	141.39	143.90	144.59	135.30	0.946 times
22 Mon Jul 2024	143.28	141.40	143.60	138.22	0.847 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 144.6 as stoploss in an intra day buy trade for a target of 149.04. However, stock will show a bearish move below 144.6.

Share price targets for Steel Authority (SAIL)

Target Type	Value
Downside Target	124.80
Downside Target	135.30
Downside Target	140.83
Downside Target	145.10
Upside Target	151.00
Upside Target	156.35
Upside Target	158.22
Upside Target	158.75
Upside Target	168.00
Upside Target	170.50
Upside Target	175.35

Intraday share price targets for Steel Authority (SAIL)

Target Type	Value
Downside Intraday Target	142.1
Downside Intraday Target	137.98
Upside Intraday Target	153.35
Upside Intraday Target	160.48
Upside Intraday Target	149.23

Weekly technical analysis of Steel Authority (SAIL)

Date	Weekly Closing Price	Open	High	Low	Volume
02 Fri Aug 2024	146.23	149.14	156.35	145.10	0.939 times
26 Fri Jul 2024	147.39	141.40	147.98	135.30	1.16 times
19 Fri Jul 2024	141.82	151.00	153.95	140.83	0.847 times
12 Fri Jul 2024	150.42	156.50	158.22	146.35	0.795 times
05 Fri Jul 2024	155.61	149.90	158.75	145.40	0.779 times

Price has moved down 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 Steel Authority (SAIL)

Date	Monthly Closing Price	Open	High	Low	Volume
02 Fri Aug 2024	146.23	154.05	156.35	145.10	0.105 times
31 Wed Jul 2024	153.04	149.90	158.75	135.30	0.819 times
28 Fri Jun 2024	148.65	168.00	168.00	124.80	1.123 times
31 Fri May 2024	158.50	165.40	175.35	151.00	0.588 times

Scroll below to view daily charts

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 Steel Authority (SAIL)

Price action analysis of Steel Authority ( (SAIL) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Steel Authority ( (SAIL) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Steel Authority ( (SAIL) ) based on a short to mid term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Steel Authority ( (SAIL) ) based on a mid to longer 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.

ADX buy sell signal for Steel Authority stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a BUY signal for Steel Authority in short term but the buy signal is initial and weak.

Steel Authority Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Steel Authority in short term but SELL signal is weak.

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in negative zone. This is the SELL zone

Stock of Steel Authority is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 146.89 and Steel Authority (SAIL) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.

People seem to be coming out and selling the Steel Authority (SAIL) stock. Volume based technical analysis of Steel Authority (SAIL) stock is negative.

Steel Authority Stock is giving positive 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.