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 2024-10-07 View latest technical analysis

10 day averaged volume of Steel Strips is 349899

Date	Daily Closing Price	Open	High	Low	Volume
07 Mon Oct 2024	206.85	212.58	213.10	202.75	0.807 times
04 Fri Oct 2024	212.58	213.34	215.00	210.38	0.564 times
03 Thu Oct 2024	213.34	214.00	215.14	211.00	0.746 times
01 Tue Oct 2024	216.26	214.91	217.99	212.87	0.968 times
30 Mon Sep 2024	214.44	214.65	215.39	210.95	0.396 times
27 Fri Sep 2024	211.50	212.77	214.86	209.40	0.842 times
26 Thu Sep 2024	212.08	217.62	217.62	211.05	0.765 times
25 Wed Sep 2024	216.89	218.00	222.50	216.42	0.896 times
24 Tue Sep 2024	218.95	212.60	225.00	212.60	3.147 times
23 Mon Sep 2024	209.98	212.51	215.61	209.50	0.892 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 210.1, but if it comes above 210.1, then a intra day buy could be more profitable.
If you take a sell trade below 210.1, then use 210.1 as stoploss and 204 as target. However if you take a buy trade in stock , then use 210.1 as stoploss and 215.14 as target.

Share price targets for Steel Strips (SSWL)

Target Type	Value
Downside Target	190.55
Downside Target	202.75
Upside Target	217.99
Upside Target	222.47
Upside Target	225.00
Upside Target	227.00
Upside Target	228.89
Upside Target	233.50
Upside Target	239.90
Upside Target	248.00

Intraday share price targets for Steel Strips (SSWL)

Target Type	Value
Downside Intraday Target	202.03
Downside Intraday Target	197.22
Upside Intraday Target	212.38
Upside Intraday Target	217.92
Upside Intraday Target	207.57

Weekly technical analysis of Steel Strips (SSWL)

Date	Weekly Closing Price	Open	High	Low	Volume
07 Mon Oct 2024	206.85	212.58	213.10	202.75	0.302 times
04 Fri Oct 2024	212.58	214.65	217.99	210.38	0.409 times
27 Fri Sep 2024	211.50	212.51	225.00	209.40	1.734 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

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
07 Mon Oct 2024	206.85	214.91	217.99	202.75	0.179 times
30 Mon Sep 2024	214.44	229.35	233.50	207.20	1.262 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

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 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 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 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 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 214.63 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.