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

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

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

Steel Strips trades in NSE in Auto Parts & Equipment sector.

Showing technical analysis as on 2024-04-08 View latest technical analysis

10 day averaged volume of Steel Strips is 305564

Date	Daily Closing Price	Open	High	Low	Volume
08 Mon Apr 2024	236.40	239.00	241.45	234.15	1.056 times
05 Fri Apr 2024	238.10	241.50	243.60	237.10	0.707 times
04 Thu Apr 2024	240.95	239.95	242.95	238.40	0.686 times
03 Wed Apr 2024	239.15	233.70	241.55	233.10	0.908 times
02 Tue Apr 2024	233.60	234.00	236.00	230.60	0.803 times
01 Mon Apr 2024	233.90	224.20	240.90	223.25	1.865 times
28 Thu Mar 2024	220.90	224.15	229.45	217.60	1.367 times
27 Wed Mar 2024	223.35	227.25	231.50	222.00	1.027 times
26 Tue Mar 2024	224.85	232.10	232.80	223.50	1.135 times
22 Fri Mar 2024	231.40	241.85	243.50	229.00	1.051 times

My analysis of stock is bullish for shortterm, and stock might move up till 242.7 or till 250.6. Use a stoploss of 236.14 and if this stock hits its stoploss, then it can fall down till 229.55

Share price targets for Steel Strips (SSWL)

Target Type	Value
Downside Target	211.05
Downside Target	217.60
Downside Target	223.25
Downside Target	229.00
Upside Target	241.45
Upside Target	244.15
Upside Target	247.00
Upside Target	250.00
Upside Target	260.95
Upside Target	284.00
Upside Target	286.50
Upside Target	289.50

Intraday share price targets for Steel Strips (SSWL)

Target Type	Value
Downside Intraday Target	233.22
Downside Intraday Target	230.03
Upside Intraday Target	240.52
Upside Intraday Target	244.63
Upside Intraday Target	237.33

Weekly technical analysis of Steel Strips (SSWL)

Date	Weekly Closing Price	Open	High	Low	Volume
08 Mon Apr 2024	236.40	239.00	241.45	234.15	0.212 times
05 Fri Apr 2024	238.10	224.20	243.60	223.25	1.408 times
28 Thu Mar 2024	220.90	232.10	232.80	217.60	1.216 times
22 Fri Mar 2024	231.40	238.80	247.00	229.00	0.571 times
15 Fri Mar 2024	241.50	244.00	244.00	211.05	2.298 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 Strips (SSWL)

Date	Monthly Closing Price	Open	High	Low	Volume
08 Mon Apr 2024	236.40	224.20	243.60	223.25	0.423 times
28 Thu Mar 2024	220.90	253.75	260.95	211.05	0.612 times
29 Thu Feb 2024	251.85	281.80	284.00	243.10	0.528 times
31 Wed Jan 2024	279.80	258.00	289.50	244.15	2.864 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 Steel Strips (SSWL)

Price action analysis of Steel Strips ( (SSWL) ) 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 Strips ( (SSWL) ) based on a short to mid 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 Steel Strips ( (SSWL) ) 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 Strips stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Steel Strips 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.

Steel Strips 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 red color and prices are in or above the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Steel Strips 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

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 231.4 and Steel Strips (SSWL) 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 Steel Strips (SSWL) stock. Volume based technical analysis of Steel Strips (SSWL) stock is negative.

Steel Strips Stock has given negative 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.