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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 2024-08-07 View latest technical analysis

10 day averaged volume of Steelcast is 23569

Date	Daily Closing Price	Open	High	Low	Volume
07 Wed Aug 2024	657.00	659.70	663.65	648.90	0.318 times
06 Tue Aug 2024	649.85	650.75	672.00	645.65	0.833 times
05 Mon Aug 2024	653.55	651.70	664.95	637.00	1.154 times
02 Fri Aug 2024	664.95	649.95	669.90	639.90	2.231 times
01 Thu Aug 2024	640.30	635.10	658.75	635.10	1.007 times
31 Wed Jul 2024	640.30	640.00	647.05	632.05	0.666 times
30 Tue Jul 2024	635.45	641.90	645.05	628.75	0.579 times
29 Mon Jul 2024	638.75	650.85	654.10	634.00	1.093 times
26 Fri Jul 2024	641.25	643.95	654.80	636.00	0.638 times
25 Thu Jul 2024	642.75	648.90	653.15	641.50	0.821 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 658.2 as stoploss in an intra day sell trade for a target of 649.17. However, stock will show a bullish move above 658.2.

Share price targets for Steelcast (STEELCAS)

Target Type	Value
Downside Target	591.60
Downside Target	611.25
Upside Target	668.80
Upside Target	672.00
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	638.67
Downside Intraday Target	620.33
Upside Intraday Target	673.67
Upside Intraday Target	690.33
Downside Intraday Target	655.33

Weekly technical analysis of Steelcast (STEELCAS)

Date	Weekly Closing Price	Open	High	Low	Volume
07 Wed Aug 2024	657.00	651.70	672.00	637.00	0.413 times
02 Fri Aug 2024	664.95	650.85	669.90	628.75	1.601 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

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
07 Wed Aug 2024	657.00	635.10	672.00	635.10	0.223 times
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

Scroll below to view daily charts

Price has moved up 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 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Steelcast ( (STEELCAS) ) based on a mid to longer 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.

ADX buy sell signal for Steelcast stock for short term is BUY. Signal strength is Strong and stock is gaining 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting tired and bears 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 BUY signal in short term but buying is losing 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 649.04 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 negative.

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