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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 2024-07-31 View latest technical analysis

10 day averaged volume of Steelcast is 18590

Date	Daily Closing Price	Open	High	Low	Volume
31 Wed Jul 2024	640.30	640.00	647.05	632.05	0.844 times
30 Tue Jul 2024	635.45	641.90	645.05	628.75	0.735 times
29 Mon Jul 2024	638.75	650.85	654.10	634.00	1.386 times
26 Fri Jul 2024	641.25	643.95	654.80	636.00	0.809 times
25 Thu Jul 2024	642.75	648.90	653.15	641.50	1.04 times
24 Wed Jul 2024	649.95	653.05	668.80	646.80	1.241 times
23 Tue Jul 2024	650.65	641.90	655.90	634.25	0.623 times
22 Mon Jul 2024	638.80	641.60	651.60	630.05	0.703 times
19 Fri Jul 2024	637.10	651.60	654.75	633.00	0.771 times
18 Thu Jul 2024	651.60	662.45	679.70	649.10	1.776 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 639 as stoploss in an intra day buy trade for a target of 655.84. However, stock will show a bearish move below 639.

Share price targets for Steelcast (STEELCAS)

Target Type	Value
Downside Target	590.00
Downside Target	611.25
Upside Target	661.60
Upside Target	668.80
Upside Target	684.00
Upside Target	685.00
Upside Target	695.00
Upside Target	716.10
Upside Target	724.55

Intraday share price targets for Steelcast (STEELCAS)

Target Type	Value
Downside Intraday Target	628
Downside Intraday Target	615.7
Upside Intraday Target	653.35
Upside Intraday Target	666.4
Upside Intraday Target	641.05

Weekly technical analysis of Steelcast (STEELCAS)

Date	Weekly Closing Price	Open	High	Low	Volume
31 Wed Jul 2024	640.30	650.85	654.10	628.75	0.671 times
26 Fri Jul 2024	641.25	641.60	668.80	630.05	0.948 times
19 Fri Jul 2024	637.10	661.30	685.00	618.60	0.641 times
12 Fri Jul 2024	658.10	703.70	716.10	644.15	0.594 times
05 Fri Jul 2024	698.75	648.00	724.55	634.80	3.08 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
31 Wed Jul 2024	640.30	648.00	724.55	618.60	2.113 times
28 Fri Jun 2024	648.60	651.70	684.00	591.60	1.079 times
31 Fri May 2024	648.30	666.80	695.00	620.50	1.059 times
30 Tue Apr 2024	663.35	665.95	695.00	611.25	1.122 times

Scroll below to view daily charts

Price has moved down this month, and volume has increased substantially. This means that the move can 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 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 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 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 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 getting stronger in this stock.

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 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 643.58 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.