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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 2024-06-21 View latest technical analysis

10 day averaged volume of Steel Strips is 490491

Date	Daily Closing Price	Open	High	Low	Volume
21 Fri Jun 2024	219.92	223.65	225.20	219.00	0.478 times
20 Thu Jun 2024	223.69	219.89	224.45	218.71	0.881 times
19 Wed Jun 2024	218.71	221.60	225.49	218.00	0.967 times
18 Tue Jun 2024	219.81	225.00	226.83	219.00	1.344 times
14 Fri Jun 2024	222.13	215.90	223.65	214.71	1.932 times
13 Thu Jun 2024	213.85	219.00	225.37	212.53	1.358 times
12 Wed Jun 2024	217.17	218.38	222.50	216.31	0.709 times
11 Tue Jun 2024	215.83	216.00	217.25	214.12	0.615 times
10 Mon Jun 2024	213.90	219.70	220.99	212.71	1.182 times
07 Fri Jun 2024	217.35	211.15	219.10	210.60	0.551 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 221.5 as stoploss in an intra day sell trade for a target of 216.04. However, stock will show a bullish move above 221.5.

Share price targets for Steel Strips (SSWL)

Target Type	Value
Downside Target	190.55
Downside Target	206.55
Upside Target	225.37
Upside Target	227.00
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	216.34
Downside Intraday Target	212.75
Upside Intraday Target	225.17
Upside Intraday Target	230.41
Upside Intraday Target	221.58

Weekly technical analysis of Steel Strips (SSWL)

Date	Weekly Closing Price	Open	High	Low	Volume
21 Fri Jun 2024	219.92	225.00	226.83	218.00	0.633 times
14 Fri Jun 2024	222.13	219.70	225.37	212.53	1.808 times
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

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
21 Fri Jun 2024	219.92	227.00	227.00	190.55	0.826 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 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 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 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 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 green color and prices are above the green 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 but buying is losing 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 218.43 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 is giving positive returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.