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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 2024-04-02 View latest technical analysis

10 day averaged volume of Steelcast is 8623

Date	Daily Closing Price	Open	High	Low	Volume
02 Tue Apr 2024	650.40	655.50	661.80	646.45	0.827 times
01 Mon Apr 2024	652.10	665.95	666.00	641.20	1.215 times
28 Thu Mar 2024	653.90	608.80	656.35	606.75	1.213 times
27 Wed Mar 2024	630.40	636.75	640.00	627.10	0.724 times
26 Tue Mar 2024	631.75	632.85	639.00	626.05	0.762 times
22 Fri Mar 2024	631.15	632.85	640.00	625.60	0.338 times
21 Thu Mar 2024	630.65	644.40	655.00	624.05	1.019 times
20 Wed Mar 2024	637.45	637.10	654.00	618.10	1.134 times
19 Tue Mar 2024	637.10	626.65	641.85	626.65	0.794 times
18 Mon Mar 2024	626.60	648.05	648.05	622.05	1.091 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 647.5, but if it comes below 647.5, then a intra day sell could be more profitable.
If you take a sell trade below 647.5, then use 647.5 as stoploss and 633.44 as target. However if you take a buy trade in stock , then use 647.5 as stoploss and 664.4 as target.

Share price targets for Steelcast (STEELCAS)

Target Type	Value
Downside Target	575.50
Downside Target	590.00
Downside Target	606.75
Downside Target	641.20
Upside Target	654.10
Upside Target	656.35
Upside Target	661.60
Upside Target	666.00
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	639.07
Downside Intraday Target	627.73
Upside Intraday Target	663.87
Upside Intraday Target	677.33
Upside Intraday Target	652.53

Weekly technical analysis of Steelcast (STEELCAS)

Date	Weekly Closing Price	Open	High	Low	Volume
02 Tue Apr 2024	650.40	665.95	666.00	641.20	0.756 times
28 Thu Mar 2024	653.90	632.85	656.35	606.75	0.617 times
22 Fri Mar 2024	631.15	648.05	655.00	618.10	0.435 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

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
02 Tue Apr 2024	650.40	665.95	666.00	641.20	0.081 times
28 Thu Mar 2024	653.90	655.45	661.60	590.00	0.405 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

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 to mid 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 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 Steelcast stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a BUY signal for Steelcast in short term but the buy signal is initial and weak.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Steelcast Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down

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

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 639.41 and Steelcast (STEELCAS) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

People seem to be coming out and selling the Steelcast (STEELCAS) stock. Volume based technical analysis of Steelcast (STEELCAS) stock is negative.

Steelcast Stock is giving positive returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.