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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 2024-07-16 View latest technical analysis

10 day averaged volume of Steel Strips is 606058

Date	Daily Closing Price	Open	High	Low	Volume
16 Tue Jul 2024	221.34	220.99	224.46	220.80	0.51 times
15 Mon Jul 2024	220.99	224.66	226.90	220.20	0.542 times
12 Fri Jul 2024	224.66	229.13	229.89	224.00	0.534 times
11 Thu Jul 2024	229.13	230.80	233.85	227.00	0.375 times
10 Wed Jul 2024	229.46	236.21	238.28	225.61	0.615 times
09 Tue Jul 2024	236.21	239.96	242.57	235.21	0.505 times
08 Mon Jul 2024	239.19	243.60	244.44	236.10	0.642 times
05 Fri Jul 2024	242.72	238.00	247.00	236.00	2.798 times
04 Thu Jul 2024	235.13	228.00	237.00	227.95	2.148 times
03 Wed Jul 2024	226.22	225.00	230.95	223.98	0.937 times

My analysis of stock is bearish for shortterm, and stock might move down till 216.7 or till 207.1. Use a stoploss of 224.77 and if the stock hits stoploss, then it can shoot up till 232.8

Share price targets for Steel Strips (SSWL)

Target Type	Value
Downside Target	190.55
Downside Target	206.55
Downside Target	211.05
Upside Target	226.90
Upside Target	227.00
Upside Target	237.00
Upside Target	243.60
Upside Target	244.44
Upside Target	247.00
Upside Target	260.95

Intraday share price targets for Steel Strips (SSWL)

Target Type	Value
Downside Intraday Target	218.73
Downside Intraday Target	216.11
Upside Intraday Target	225.43
Upside Intraday Target	229.51
Upside Intraday Target	222.81

Weekly technical analysis of Steel Strips (SSWL)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Tue Jul 2024	221.34	224.66	226.90	220.20	0.394 times
12 Fri Jul 2024	224.66	243.60	244.44	224.00	0.3 times
05 Fri Jul 2024	242.72	217.00	247.00	216.50	3.664 times
28 Fri Jun 2024	216.66	219.92	220.30	212.80	0.818 times
21 Fri Jun 2024	219.92	225.00	226.83	218.00	0.633 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
16 Tue Jul 2024	221.34	217.00	247.00	216.50	0.995 times
28 Fri Jun 2024	216.66	227.00	227.00	190.55	1.021 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

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 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 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 SELL. Signal strength is Weak and stock is losing momentum.

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

Steel Strips Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

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

CCI has generated a SELL signal for Steel Strips in short term and SELL signal is strong!

RSI is generating a BUY signal in short term but buying is losing 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 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 234.09 and Steel Strips (SSWL) stock is trading below this level. This means that stock is falling with high volumes. 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 positive

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