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(SALSTEEL_BE) S A complete technical analysis [charts+indicators] | Buy/Sell S A | (SALSTEEL_BE) share price targets

Complete technical analysis of S A (SALSTEEL_BE) by charts plus indicators, forecast predictions and share price targets for S A (SALSTEEL_BE)

Showing technical analysis as on 2024-04-03 View latest technical analysis

10 day averaged volume of S A is 111200

Date	Daily Closing Price	Open	High	Low	Volume
03 Wed Apr 2024	20.85	21.00	21.00	20.65	0.331 times
02 Tue Apr 2024	21.05	21.05	21.05	21.05	0.221 times
01 Mon Apr 2024	21.05	20.95	21.05	20.95	0.232 times
28 Thu Mar 2024	20.65	21.95	21.95	20.55	1.117 times
27 Wed Mar 2024	21.60	21.65	21.65	20.50	0.817 times
26 Tue Mar 2024	20.65	20.60	20.65	18.80	1.42 times
22 Fri Mar 2024	19.70	18.80	19.70	18.50	0.784 times
21 Thu Mar 2024	18.80	17.90	18.80	17.15	1 times
20 Wed Mar 2024	17.95	18.60	18.60	17.80	0.685 times
19 Tue Mar 2024	18.70	19.95	20.25	18.50	2.171 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 21 as stoploss in an intra day sell trade for a target of 19.96. However, stock will show a bullish move above 21.

Share price targets for S A (SALSTEEL_BE)

Target Type	Value
Downside Target	17.15
Downside Target	18.35
Downside Target	18.80
Downside Target	19.80
Downside Target	20.20
Upside Target	21.95
Upside Target	22.25
Upside Target	22.70
Upside Target	23.10
Upside Target	23.45
Upside Target	26.40
Upside Target	26.70
Upside Target	30.45

Intraday share price targets for S A (SALSTEEL_BE)

Target Type	Value
Downside Intraday Target	20.65
Downside Intraday Target	20.45
Upside Intraday Target	21.05
Upside Intraday Target	21.25
Downside Intraday Target	20.85

Weekly technical analysis of S A (SALSTEEL_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
03 Wed Apr 2024	20.85	20.95	21.05	20.65	0.234 times
28 Thu Mar 2024	20.65	20.60	21.95	18.80	0.541 times
22 Fri Mar 2024	19.70	18.10	20.25	17.15	4.086 times
15 Fri Mar 2024	18.55	19.80	19.80	18.35	0.811 times
07 Thu Mar 2024	20.20	21.40	21.40	20.20	1.488 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 S A (SALSTEEL_BE)

Date	Monthly Closing Price	Open	High	Low	Volume
03 Wed Apr 2024	20.85	20.95	21.05	20.65	0.059 times
28 Thu Mar 2024	20.65	22.25	22.25	17.15	0.619 times
29 Thu Feb 2024	22.70	25.10	30.45	22.70	0.552 times
31 Wed Jan 2024	25.10	25.30	26.40	23.10	3.467 times

Scroll below to view daily charts

Price has moved up 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 S A (SALSTEEL_BE)

Price action analysis of S A ( (SALSTEEL_BE) ) 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 S A ( (SALSTEEL_BE) ) 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 S A ( (SALSTEEL_BE) ) based on a short to mid 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 S A ( (SALSTEEL_BE) ) based on a mid to longer 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.

ADX buy sell signal for S A stock for short term is BUY. Signal strength is Weak and stock is losing momentum.

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

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

S A Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls 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 S A in short term but SELL signal is weak.

RSI is generating a BUY signal in short term and the buying is gaining 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 S A is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 19.78 and S A (SALSTEEL_BE) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

People seem to be coming out and selling the S A (SALSTEEL_BE) stock. Volume based technical analysis of S A (SALSTEEL_BE) stock is negative.

S A 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.