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(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 2024-05-27 View latest technical analysis

10 day averaged volume of Steel Strips is 403211

Date	Daily Closing Price	Open	High	Low	Volume
27 Mon May 2024	216.95	231.00	231.00	215.30	1.643 times
24 Fri May 2024	227.30	223.00	233.00	222.10	2.392 times
23 Thu May 2024	222.65	223.90	231.00	217.75	2.723 times
22 Wed May 2024	223.30	223.60	227.70	219.80	0.676 times
21 Tue May 2024	223.30	218.00	226.50	216.10	1.461 times
18 Sat May 2024	217.00	215.30	220.00	212.80	0.219 times
17 Fri May 2024	214.05	213.20	218.00	208.55	0.879 times
16 Thu May 2024	212.25	212.60	214.40	209.40	0.338 times
15 Wed May 2024	210.55	212.60	217.20	209.35	0.534 times
14 Tue May 2024	212.60	211.15	214.90	210.25	0.439 times

My analysis of stock is bearish for shortterm, and stock might move down till 212.2 or till 203.8. Use a stoploss of 219.27 and if the stock hits stoploss, then it can shoot up till 226.32

Share price targets for Steel Strips (SSWL)

Target Type	Value
Downside Target	206.55
Downside Target	215.30
Upside Target	226.35
Upside Target	237.00
Upside Target	243.10
Upside Target	243.60
Upside Target	244.15
Upside Target	260.95
Upside Target	284.00
Upside Target	289.50

Intraday share price targets for Steel Strips (SSWL)

Target Type	Value
Downside Intraday Target	211.17
Downside Intraday Target	205.38
Upside Intraday Target	226.87
Upside Intraday Target	236.78
Upside Intraday Target	221.08

Weekly technical analysis of Steel Strips (SSWL)

Date	Weekly Closing Price	Open	High	Low	Volume
27 Mon May 2024	216.95	231.00	231.00	215.30	0.227 times
24 Fri May 2024	227.30	218.00	233.00	216.10	2.639 times
18 Sat May 2024	217.00	210.00	220.00	206.55	0.976 times
10 Fri May 2024	209.60	228.00	228.00	207.90	0.789 times
03 Fri May 2024	226.90	231.25	237.00	226.35	0.6 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
27 Mon May 2024	216.95	233.90	237.00	206.55	0.79 times
30 Tue Apr 2024	231.90	224.20	243.60	218.70	1.932 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

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 Strips (SSWL)

Price action analysis of Steel Strips ( (SSWL) ) 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 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, 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 BUY. Signal strength is Weak and stock is losing momentum.

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

Steel Strips Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of red color and prices are below 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 SELL signal in short term and selling is picking up momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 220.88 and Steel Strips (SSWL) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

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 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.