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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 2024-08-06 View latest technical analysis

10 day averaged volume of Steel Strips is 363540

Date	Daily Closing Price	Open	High	Low	Volume
06 Tue Aug 2024	217.68	218.00	225.73	216.05	0.551 times
05 Mon Aug 2024	217.49	206.00	228.74	206.00	1.457 times
02 Fri Aug 2024	231.75	233.65	235.56	228.92	0.828 times
01 Thu Aug 2024	234.83	238.95	239.90	234.10	0.552 times
31 Wed Jul 2024	236.58	237.00	241.00	234.00	0.698 times
30 Tue Jul 2024	234.91	238.02	239.75	234.01	0.434 times
29 Mon Jul 2024	236.30	239.01	241.09	234.42	0.805 times
26 Fri Jul 2024	235.92	232.51	240.00	232.51	1.038 times
25 Thu Jul 2024	232.51	229.15	237.00	229.15	0.959 times
24 Wed Jul 2024	229.14	228.40	233.89	227.11	0.933 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 216, for a target of 223.7 or 230.22

Share price targets for Steel Strips (SSWL)

Target Type	Value
Downside Target	190.55
Downside Target	206.00
Downside Target	216.50
Upside Target	237.00
Upside Target	239.90
Upside Target	240.00
Upside Target	241.09
Upside Target	243.60
Upside Target	244.44
Upside Target	248.00

Intraday share price targets for Steel Strips (SSWL)

Target Type	Value
Downside Intraday Target	206.21
Downside Intraday Target	194.73
Upside Intraday Target	228.95
Upside Intraday Target	240.21
Downside Intraday Target	217.47

Weekly technical analysis of Steel Strips (SSWL)

Date	Weekly Closing Price	Open	High	Low	Volume
06 Tue Aug 2024	217.68	206.00	228.74	206.00	0.605 times
02 Fri Aug 2024	231.75	239.01	241.09	228.92	0.497 times
26 Fri Jul 2024	235.92	231.10	240.00	222.26	0.719 times
19 Fri Jul 2024	234.95	224.66	248.00	220.20	2.086 times
12 Fri Jul 2024	224.66	243.60	244.44	224.00	0.3 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
06 Tue Aug 2024	217.68	238.95	239.90	206.00	0.091 times
31 Wed Jul 2024	236.58	217.00	248.00	216.50	1.759 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

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 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 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

ADX buy sell signal for Steel Strips stock for short term is SELL. Signal strength is Strong 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 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 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 buy signal for Steel Strips in short term but BUY 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 229.84 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 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.