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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 2024-10-24 View latest technical analysis

10 day averaged volume of Steel Strips is 132755

Date	Daily Closing Price	Open	High	Low	Volume
24 Thu Oct 2024	201.03	203.72	204.73	200.00	0.86 times
23 Wed Oct 2024	203.72	201.20	207.53	199.84	0.894 times
22 Tue Oct 2024	203.94	212.30	212.30	203.00	1.204 times
21 Mon Oct 2024	212.59	213.00	214.20	209.66	0.704 times
18 Fri Oct 2024	213.46	211.78	214.50	208.15	1.209 times
17 Thu Oct 2024	211.78	214.95	214.95	210.20	0.851 times
16 Wed Oct 2024	214.75	211.01	214.90	210.01	0.889 times
15 Tue Oct 2024	211.39	213.10	213.11	209.41	1.547 times
14 Mon Oct 2024	213.88	215.00	215.47	211.36	0.849 times
11 Fri Oct 2024	214.08	214.41	215.30	209.01	1.04 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 202.5, for a target of 207.3 or 211.41

Share price targets for Steel Strips (SSWL)

Target Type	Value
Downside Target	190.55
Downside Target	199.84
Upside Target	216.50
Upside Target	216.70
Upside Target	217.99
Upside Target	225.00
Upside Target	227.00
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	195.85
Downside Intraday Target	190.66
Upside Intraday Target	210.21
Upside Intraday Target	219.38
Upside Intraday Target	205.02

Weekly technical analysis of Steel Strips (SSWL)

Date	Weekly Closing Price	Open	High	Low	Volume
24 Thu Oct 2024	201.03	213.00	214.20	199.84	0.685 times
18 Fri Oct 2024	213.46	215.00	215.47	208.15	0.847 times
11 Fri Oct 2024	214.08	212.58	216.70	202.75	0.896 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

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
24 Thu Oct 2024	201.03	214.91	217.99	199.84	0.47 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 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 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 210.08 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.