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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 2024-08-19 View latest technical analysis

10 day averaged volume of Steel Strips is 232208

Date	Daily Closing Price	Open	High	Low	Volume
19 Mon Aug 2024	220.03	223.05	223.80	219.01	0.478 times
16 Fri Aug 2024	222.83	213.70	224.88	212.50	1.23 times
14 Wed Aug 2024	211.98	214.80	216.41	211.02	0.52 times
13 Tue Aug 2024	213.63	216.50	220.00	213.00	0.59 times
12 Mon Aug 2024	216.05	219.40	219.45	215.11	0.599 times
09 Fri Aug 2024	218.12	217.10	219.60	215.77	0.712 times
08 Thu Aug 2024	213.86	222.00	222.51	212.00	1.295 times
07 Wed Aug 2024	220.34	220.00	223.09	217.70	0.615 times
06 Tue Aug 2024	217.68	218.00	225.73	216.05	0.862 times
05 Mon Aug 2024	217.49	206.00	228.74	206.00	2.281 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 216.6 as stoploss in an intra day buy trade for a target of 225.29. However, stock will show a bearish move below 216.6.

Share price targets for Steel Strips (SSWL)

Target Type	Value
Downside Target	190.55
Downside Target	206.00
Downside Target	211.02
Downside Target	216.50
Upside Target	228.74
Upside Target	228.92
Upside Target	237.00
Upside Target	239.90
Upside Target	240.00
Upside Target	241.09
Upside Target	243.60
Upside Target	248.00

Intraday share price targets for Steel Strips (SSWL)

Target Type	Value
Downside Intraday Target	218.09
Downside Intraday Target	216.16
Upside Intraday Target	222.88
Upside Intraday Target	225.74
Upside Intraday Target	220.95

Weekly technical analysis of Steel Strips (SSWL)

Date	Weekly Closing Price	Open	High	Low	Volume
19 Mon Aug 2024	220.03	223.05	223.80	219.01	0.163 times
16 Fri Aug 2024	222.83	219.40	224.88	211.02	0.51 times
09 Fri Aug 2024	218.12	206.00	228.74	206.00	1.11 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

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
19 Mon Aug 2024	220.03	238.95	239.90	206.00	0.195 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 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 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 neutral. A longer time frame might give a better analysis.

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 and the sell signal is strong.

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 below the red cloud Prices appear to be coming down

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

RSI is generating a BUY signal in short term and the buying is gaining 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 217.43 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 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.