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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 2024-03-18 View latest technical analysis

10 day averaged volume of Steelcast is 14686

Date	Daily Closing Price	Open	High	Low	Volume
18 Mon Mar 2024	626.60	648.05	648.05	622.05	0.641 times
15 Fri Mar 2024	634.05	604.00	648.00	604.00	1.003 times
14 Thu Mar 2024	605.15	590.00	621.00	590.00	0.526 times
13 Wed Mar 2024	599.40	605.00	620.95	595.00	2.311 times
12 Tue Mar 2024	618.60	630.05	633.65	605.10	1.396 times
11 Mon Mar 2024	631.15	640.00	654.75	625.10	0.673 times
07 Thu Mar 2024	626.35	650.00	652.00	625.00	0.485 times
06 Wed Mar 2024	631.80	644.00	649.45	620.00	1.565 times
05 Tue Mar 2024	642.30	650.15	653.90	634.60	1.028 times
04 Mon Mar 2024	650.45	643.40	654.10	638.05	0.887 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 621.5 as stoploss in an intra day buy trade for a target of 640.05. However, stock will show a bearish move below 621.5.

Share price targets for Steelcast (STEELCAS)

Target Type	Value
Downside Target	575.50
Downside Target	590.00
Upside Target	648.05
Upside Target	654.75
Upside Target	661.60
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	616.42
Downside Intraday Target	606.23
Upside Intraday Target	642.42
Upside Intraday Target	658.23
Upside Intraday Target	632.23

Weekly technical analysis of Steelcast (STEELCAS)

Date	Weekly Closing Price	Open	High	Low	Volume
18 Mon Mar 2024	626.60	648.05	648.05	622.05	0.108 times
15 Fri Mar 2024	634.05	640.00	654.75	590.00	1.49 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

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 Steelcast (STEELCAS)

Date	Monthly Closing Price	Open	High	Low	Volume
18 Mon Mar 2024	626.60	655.45	661.60	590.00	0.309 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

ADX buy sell signal for Steelcast stock for short term is SELL. Signal strength is Weak 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 coming down

CCI has generated a buy signal for Steelcast in short term and BUY signal is strong.

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

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 623.8 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.