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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 2024-09-24 View latest technical analysis

10 day averaged volume of Steel Strips is 262811

Date	Daily Closing Price	Open	High	Low	Volume
24 Tue Sep 2024	218.95	212.60	225.00	212.60	4.19 times
23 Mon Sep 2024	209.98	212.51	215.61	209.50	1.187 times
20 Fri Sep 2024	210.41	209.60	212.85	208.91	1.044 times
19 Thu Sep 2024	208.48	211.35	214.48	207.20	1.146 times
18 Wed Sep 2024	210.27	215.00	217.00	209.00	1.451 times
17 Tue Sep 2024	214.98	219.00	221.00	214.66	0.807 times
16 Mon Sep 2024	217.56	221.60	222.47	216.00	0.574 times
13 Fri Sep 2024	220.46	223.55	223.84	215.95	0.812 times
12 Thu Sep 2024	222.73	218.50	224.90	215.40	1.134 times
11 Wed Sep 2024	216.02	226.80	228.14	210.55	1.159 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 bearish for shortterm, and stock might move down till 214 or till 205.9. Use a stoploss of 220.76 and if the stock hits stoploss, then it can shoot up till 227.5

Share price targets for Steel Strips (SSWL)

Target Type	Value
Downside Target	190.55
Downside Target	206.00
Downside Target	216.50
Upside Target	222.15
Upside Target	227.00
Upside Target	228.89
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	210.63
Downside Intraday Target	202.32
Upside Intraday Target	226.13
Upside Intraday Target	233.32
Downside Intraday Target	217.82

Weekly technical analysis of Steel Strips (SSWL)

Date	Weekly Closing Price	Open	High	Low	Volume
24 Tue Sep 2024	218.95	212.51	225.00	209.50	1.071 times
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

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
24 Tue Sep 2024	218.95	229.35	233.50	207.20	1.049 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 BUY. 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 is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

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 215.54 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 has given negative 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.