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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 2024-06-07 View latest technical analysis

10 day averaged volume of Steel Strips is 381942

Date	Daily Closing Price	Open	High	Low	Volume
07 Fri Jun 2024	217.35	211.15	219.10	210.60	0.707 times
06 Thu Jun 2024	209.70	207.40	212.50	206.10	0.591 times
05 Wed Jun 2024	206.90	203.70	210.00	199.75	0.65 times
04 Tue Jun 2024	203.00	213.00	213.45	190.55	1.041 times
03 Mon Jun 2024	211.60	227.00	227.00	209.30	1.128 times
31 Fri May 2024	214.80	218.00	218.85	209.85	0.755 times
30 Thu May 2024	218.10	216.50	219.00	214.70	0.484 times
29 Wed May 2024	216.60	213.35	219.00	212.30	0.493 times
28 Tue May 2024	213.40	217.15	218.30	212.30	0.596 times
27 Mon May 2024	216.95	231.00	231.00	215.30	1.735 times

My analysis of stock is bullish for shortterm, and stock might move up till 220.9 or till 227.9. Use a stoploss of 215.13 and if this stock hits its stoploss, then it can fall down till 209.33

Share price targets for Steel Strips (SSWL)

Target Type	Value
Downside Target	190.55
Downside Target	206.55
Downside Target	216.10
Upside Target	227.00
Upside Target	228.00
Upside Target	231.00
Upside Target	233.00
Upside Target	237.00
Upside Target	243.10
Upside Target	243.60
Upside Target	260.95
Upside Target	284.00

Intraday share price targets for Steel Strips (SSWL)

Target Type	Value
Downside Intraday Target	196.27
Downside Intraday Target	175.18
Upside Intraday Target	232.72
Upside Intraday Target	248.08
Downside Intraday Target	211.63

Weekly technical analysis of Steel Strips (SSWL)

Date	Weekly Closing Price	Open	High	Low	Volume
07 Fri Jun 2024	217.35	227.00	227.00	190.55	1.014 times
31 Fri May 2024	214.80	231.00	231.00	209.85	0.531 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

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 Steel Strips (SSWL)

Date	Monthly Closing Price	Open	High	Low	Volume
07 Fri Jun 2024	217.35	227.00	227.00	190.55	0.209 times
31 Fri May 2024	214.80	233.90	237.00	206.55	0.896 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

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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Steel Strips ( (SSWL) ) based on a short to mid 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.

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 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.

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

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. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up

CCI has generated a buy signal for Steel Strips in short term and BUY signal is strong.

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in negative zone. This is the SELL 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 212.74 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 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 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.