Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-09-16 View latest technical analysis

10 day averaged volume of Steel Strips is 226886

Date	Daily Closing Price	Open	High	Low	Volume
16 Mon Sep 2024	217.56	221.60	222.47	216.00	0.665 times
13 Fri Sep 2024	220.46	223.55	223.84	215.95	0.94 times
12 Thu Sep 2024	222.73	218.50	224.90	215.40	1.314 times
11 Wed Sep 2024	216.02	226.80	228.14	210.55	1.342 times
10 Tue Sep 2024	226.22	223.00	228.89	223.00	0.794 times
09 Mon Sep 2024	222.78	224.50	228.64	222.00	0.832 times
06 Fri Sep 2024	227.15	227.31	229.89	226.60	1.079 times
05 Thu Sep 2024	227.31	227.06	233.50	226.80	1.231 times
04 Wed Sep 2024	227.06	225.00	228.05	225.00	0.574 times
03 Tue Sep 2024	227.02	228.45	228.45	224.60	0.745 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 216.2, for a target of 221.3 or 225.55

Share price targets for Steel Strips (SSWL)

Target Type	Value
Downside Target	190.55
Downside Target	206.00
Downside Target	216.00
Upside Target	228.89
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	214.88
Downside Intraday Target	212.21
Upside Intraday Target	221.35
Upside Intraday Target	225.15
Upside Intraday Target	218.68

Weekly technical analysis of Steel Strips (SSWL)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Mon Sep 2024	217.56	221.60	222.47	216.00	0.127 times
13 Fri Sep 2024	220.46	224.50	228.89	210.55	1.093 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

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 Mon Sep 2024	217.56	229.35	233.50	210.55	0.508 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 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 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 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 Strong and stock is gaining momentum.

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

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 SELL signal for Steel Strips in short term and SELL signal is strong!

RSI is generating a SELL signal in short term but selling is losing 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 223.18 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.