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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 2024-09-20 View latest technical analysis

10 day averaged volume of Steel Strips is 247505

Date	Daily Closing Price	Open	High	Low	Volume
20 Fri Sep 2024	210.41	209.60	212.85	208.91	1.109 times
19 Thu Sep 2024	208.48	211.35	214.48	207.20	1.217 times
18 Wed Sep 2024	210.27	215.00	217.00	209.00	1.541 times
17 Tue Sep 2024	214.98	219.00	221.00	214.66	0.857 times
16 Mon Sep 2024	217.56	221.60	222.47	216.00	0.61 times
13 Fri Sep 2024	220.46	223.55	223.84	215.95	0.862 times
12 Thu Sep 2024	222.73	218.50	224.90	215.40	1.205 times
11 Wed Sep 2024	216.02	226.80	228.14	210.55	1.23 times
10 Tue Sep 2024	226.22	223.00	228.89	223.00	0.728 times
09 Mon Sep 2024	222.78	224.50	228.64	222.00	0.762 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 215.5, but if it comes above 215.5, then a intra day buy could be more profitable.
If you take a sell trade below 215.5, then use 215.5 as stoploss and 206.9 as target. However if you take a buy trade in stock , then use 215.5 as stoploss and 222.61 as target.

Share price targets for Steel Strips (SSWL)

Target Type	Value
Downside Target	190.55
Downside Target	206.00
Upside Target	216.50
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	204.25
Downside Intraday Target	198.09
Upside Intraday Target	219.52
Upside Intraday Target	228.63
Upside Intraday Target	213.36

Weekly technical analysis of Steel Strips (SSWL)

Date	Weekly Closing Price	Open	High	Low	Volume
20 Fri Sep 2024	210.41	221.60	222.47	207.20	1.114 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
20 Fri Sep 2024	210.41	229.35	233.50	207.20	0.753 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 losing momentum.

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

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 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 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 216.05 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.