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(STEELCAS) Steelcast complete technical analysis [charts+indicators] | Buy/Sell Steelcast | (STEELCAS) share price targets

Complete technical analysis of Steelcast (STEELCAS) by charts plus indicators, forecast predictions and share price targets for Steelcast (STEELCAS)

Showing technical analysis as on 2024-02-21 View latest technical analysis

10 day averaged volume of Steelcast is 20225

Date	Daily Closing Price	Open	High	Low	Volume
21 Wed Feb 2024	645.05	638.00	651.00	634.55	0.596 times
20 Tue Feb 2024	636.40	637.45	645.00	626.20	0.512 times
19 Mon Feb 2024	635.75	640.15	650.15	630.60	0.433 times
16 Fri Feb 2024	640.15	664.80	666.80	635.15	0.943 times
15 Thu Feb 2024	660.50	644.00	662.40	642.05	0.643 times
14 Wed Feb 2024	642.85	630.00	650.90	621.05	0.6 times
13 Tue Feb 2024	623.45	643.95	643.95	615.55	0.708 times
12 Mon Feb 2024	635.80	638.20	649.85	621.55	2.132 times
09 Fri Feb 2024	626.70	648.00	659.00	623.05	2.411 times
08 Thu Feb 2024	653.50	657.00	670.35	645.00	0.939 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 635.3 as stoploss in an intra day buy trade for a target of 660.32. However, stock will show a bearish move below 635.3.

Share price targets for Steelcast (STEELCAS)

Target Type	Value
Downside Target	575.50
Downside Target	601.60
Downside Target	644.75
Upside Target	666.80
Upside Target	674.45
Upside Target	682.95
Upside Target	695.90
Upside Target	698.70
Upside Target	714.50
Upside Target	725.00
Upside Target	727.35

Intraday share price targets for Steelcast (STEELCAS)

Target Type	Value
Downside Intraday Target	630.5
Downside Intraday Target	615.95
Upside Intraday Target	655.3
Upside Intraday Target	665.55
Downside Intraday Target	640.75

Weekly technical analysis of Steelcast (STEELCAS)

Date	Weekly Closing Price	Open	High	Low	Volume
21 Wed Feb 2024	645.05	640.15	651.00	626.20	0.307 times
16 Fri Feb 2024	640.15	638.20	666.80	615.55	0.738 times
09 Fri Feb 2024	626.70	671.00	682.95	623.05	0.565 times
02 Fri Feb 2024	674.35	688.10	725.00	644.75	2.859 times
25 Thu Jan 2024	681.60	692.00	714.50	666.90	0.612 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 Steelcast (STEELCAS)

Date	Monthly Closing Price	Open	High	Low	Volume
21 Wed Feb 2024	645.05	675.05	698.70	615.55	0.55 times
31 Wed Jan 2024	705.90	619.00	725.00	611.00	0.551 times
29 Fri Dec 2023	615.10	625.25	695.90	575.50	2.438 times
30 Thu Nov 2023	622.10	674.45	674.45	601.60	0.992 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 Steelcast (STEELCAS)

Price action analysis of Steelcast ( (STEELCAS) ) 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 Steelcast ( (STEELCAS) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Steelcast ( (STEELCAS) ) 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 Steelcast ( (STEELCAS) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Steelcast stock for short term is SELL. Signal strength is Strong and stock is losing momentum.

MACD generated a SELL signal for Steelcast 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.

Steelcast Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are weakening, and bulls are picking up momentum!

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 Steelcast in short term and BUY signal is strong.

RSI is generating a SELL signal in short term and selling is picking up 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 Steelcast is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 637.41 and Steelcast (STEELCAS) 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 Steelcast (STEELCAS) stock. Volume based technical analysis of Steelcast (STEELCAS) stock is negative.

Steelcast 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.