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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 2024-08-26 View latest technical analysis

10 day averaged volume of Steel Strips is 177991

Date	Daily Closing Price	Open	High	Low	Volume
26 Mon Aug 2024	232.64	227.99	236.47	226.00	2.811 times
23 Fri Aug 2024	225.32	231.30	231.30	225.00	1.084 times
22 Thu Aug 2024	230.71	224.00	232.99	222.49	2.05 times
21 Wed Aug 2024	222.55	224.00	224.90	221.55	0.623 times
20 Tue Aug 2024	224.39	221.00	225.00	221.00	0.855 times
19 Mon Aug 2024	220.03	223.05	223.80	219.01	0.624 times
16 Fri Aug 2024	222.83	213.70	224.88	212.50	1.605 times
14 Wed Aug 2024	211.98	214.80	216.41	211.02	0.679 times
13 Tue Aug 2024	213.63	216.50	220.00	213.00	0.77 times
12 Mon Aug 2024	216.05	219.40	219.45	215.11	0.781 times

Stock of Steel Strips (SSWL) has showed a significant upmove. This could be a good time to enter in this stock!

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 232.1, but if it comes below 232.1, then a intra day sell could be more profitable.
If you take a sell trade below 232.1, then use 232.1 as stoploss and 224.1 as target. However if you take a buy trade in stock , then use 232.1 as stoploss and 241.8 as target.

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
Downside Target	224.88
Upside Target	232.99
Upside Target	236.47
Upside Target	237.00
Upside Target	239.90
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	226.94
Downside Intraday Target	221.23
Upside Intraday Target	237.41
Upside Intraday Target	242.17
Downside Intraday Target	231.7

Weekly technical analysis of Steel Strips (SSWL)

Date	Weekly Closing Price	Open	High	Low	Volume
26 Mon Aug 2024	232.64	227.99	236.47	226.00	0.537 times
23 Fri Aug 2024	225.32	223.05	232.99	219.01	1.366 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

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
26 Mon Aug 2024	232.64	238.95	239.90	206.00	0.293 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 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 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 mid to longer 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.

ADX buy sell signal for Steel Strips stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Steel Strips in short term and the buy signal is strong.

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 stronger in this stock.

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 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 225.03 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.