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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 2024-09-09 View latest technical analysis

10 day averaged volume of Steel Strips is 239611

Date	Daily Closing Price	Open	High	Low	Volume
09 Mon Sep 2024	222.78	224.50	228.64	222.00	0.788 times
06 Fri Sep 2024	227.15	227.31	229.89	226.60	1.021 times
05 Thu Sep 2024	227.31	227.06	233.50	226.80	1.166 times
04 Wed Sep 2024	227.06	225.00	228.05	225.00	0.544 times
03 Tue Sep 2024	227.02	228.45	228.45	224.60	0.705 times
02 Mon Sep 2024	227.64	229.35	229.65	226.02	1.088 times
30 Fri Aug 2024	227.21	226.00	230.99	225.75	0.534 times
29 Thu Aug 2024	225.78	232.45	232.45	222.87	0.944 times
28 Wed Aug 2024	227.09	233.38	234.70	222.15	0.86 times
27 Tue Aug 2024	233.38	233.35	236.18	229.50	1.049 times

My analysis of stock is bearish for shortterm, and stock might move down till 219.1 or till 212.4. Use a stoploss of 224.63 and if the stock hits stoploss, then it can shoot up till 230.17

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	228.64
Upside Target	232.99
Upside Target	233.50
Upside Target	236.47
Upside Target	237.00
Upside Target	239.90
Upside Target	248.00

Intraday share price targets for Steel Strips (SSWL)

Target Type	Value
Downside Intraday Target	220.31
Downside Intraday Target	217.83
Upside Intraday Target	226.95
Upside Intraday Target	231.11
Upside Intraday Target	224.47

Weekly technical analysis of Steel Strips (SSWL)

Date	Weekly Closing Price	Open	High	Low	Volume
09 Mon Sep 2024	222.78	224.50	228.64	222.00	0.174 times
06 Fri Sep 2024	227.15	229.35	233.50	224.60	0.826 times
30 Fri Aug 2024	227.21	227.99	236.47	222.15	1.408 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

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
09 Mon Sep 2024	222.78	229.35	233.50	222.00	0.267 times
30 Fri Aug 2024	227.21	238.95	239.90	206.00	0.353 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

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 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 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 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 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 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 red color and prices are below the red cloud Prices appear to be coming down

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

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 227.42 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 negative.

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