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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 2024-03-11 View latest technical analysis

10 day averaged volume of Steelcast is 12916

Date	Daily Closing Price	Open	High	Low	Volume
11 Mon Mar 2024	631.15	640.00	654.75	625.10	0.765 times
07 Thu Mar 2024	626.35	650.00	652.00	625.00	0.552 times
06 Wed Mar 2024	631.80	644.00	649.45	620.00	1.779 times
05 Tue Mar 2024	642.30	650.15	653.90	634.60	1.169 times
04 Mon Mar 2024	650.45	643.40	654.10	638.05	1.008 times
02 Sat Mar 2024	647.95	661.60	661.60	642.00	0.143 times
01 Fri Mar 2024	651.90	655.45	660.00	648.60	0.681 times
29 Thu Feb 2024	652.20	652.05	664.65	635.00	1.366 times
28 Wed Feb 2024	650.35	656.05	659.75	637.15	1.17 times
27 Tue Feb 2024	653.40	649.80	660.10	644.90	0.833 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 633.1, but if it comes above 633.1, then a intra day buy could be more profitable.
If you take a sell trade below 633.1, then use 633.1 as stoploss and 617.6 as target. However if you take a buy trade in stock , then use 633.1 as stoploss and 645.99 as target.

Share price targets for Steelcast (STEELCAS)

Target Type	Value
Downside Target	575.50
Downside Target	601.60
Upside Target	654.10
Upside Target	661.60
Upside Target	666.80
Upside Target	674.45
Upside Target	679.30
Upside Target	681.95
Upside Target	695.90
Upside Target	698.70
Upside Target	725.00

Intraday share price targets for Steelcast (STEELCAS)

Target Type	Value
Downside Intraday Target	619.25
Downside Intraday Target	607.35
Upside Intraday Target	648.9
Upside Intraday Target	666.65
Upside Intraday Target	637

Weekly technical analysis of Steelcast (STEELCAS)

Date	Weekly Closing Price	Open	High	Low	Volume
11 Mon Mar 2024	631.15	640.00	654.75	625.10	0.17 times
07 Thu Mar 2024	626.35	643.40	654.10	620.00	0.821 times
02 Sat Mar 2024	647.95	678.25	681.95	635.00	1.07 times
23 Fri Feb 2024	674.80	640.15	679.30	626.20	0.652 times
16 Fri Feb 2024	640.15	638.20	666.80	615.55	0.738 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
11 Mon Mar 2024	631.15	655.45	661.60	620.00	0.147 times
29 Thu Feb 2024	652.20	675.05	698.70	615.55	0.67 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

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 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 short to mid term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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.

Steelcast 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 below the red cloud Prices appear to be moving up

CCI has generated a buy signal for Steelcast in short term but BUY signal is weak.

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 Steelcast is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 643.54 and Steelcast (STEELCAS) 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 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.