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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 2024-10-30 View latest technical analysis

10 day averaged volume of Steel Strips is 145402

Date	Daily Closing Price	Open	High	Low	Volume
30 Wed Oct 2024	202.50	192.03	204.15	189.05	1.969 times
29 Tue Oct 2024	190.71	192.75	194.55	188.85	1.311 times
28 Mon Oct 2024	191.74	194.98	196.00	190.46	1.273 times
25 Fri Oct 2024	194.91	199.55	200.98	193.60	1.38 times
24 Thu Oct 2024	201.03	203.72	204.73	200.00	0.785 times
23 Wed Oct 2024	203.72	201.20	207.53	199.84	0.816 times
22 Tue Oct 2024	203.94	212.30	212.30	203.00	1.099 times
21 Mon Oct 2024	212.59	213.00	214.20	209.66	0.643 times
18 Fri Oct 2024	213.46	211.78	214.50	208.15	1.104 times
17 Thu Oct 2024	211.78	214.95	214.95	210.20	0.777 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 200 as stoploss in an intra day buy trade for a target of 207.69. However, stock will show a bearish move below 200.

Share price targets for Steel Strips (SSWL)

Target Type	Value
Downside Target	188.85
Upside Target	202.75
Upside Target	215.47
Upside Target	216.50
Upside Target	216.70
Upside Target	217.99
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	192.85
Downside Intraday Target	183.2
Upside Intraday Target	208.15
Upside Intraday Target	213.8
Downside Intraday Target	198.5

Weekly technical analysis of Steel Strips (SSWL)

Date	Weekly Closing Price	Open	High	Low	Volume
30 Wed Oct 2024	202.50	194.98	204.15	188.85	0.964 times
25 Fri Oct 2024	194.91	213.00	214.20	193.60	0.968 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

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
30 Wed Oct 2024	202.50	214.91	217.99	188.85	0.614 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.

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 but BUY signal is weak.

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

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 201.39 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 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.