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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 2024-09-03 View latest technical analysis

10 day averaged volume of Steelcast is 17977

Date	Daily Closing Price	Open	High	Low	Volume
03 Tue Sep 2024	662.45	663.00	672.20	659.05	0.465 times
02 Mon Sep 2024	668.65	665.00	675.45	655.50	0.955 times
30 Fri Aug 2024	670.40	663.90	675.00	659.90	0.693 times
29 Thu Aug 2024	660.45	650.30	665.00	639.85	1.585 times
28 Wed Aug 2024	650.30	642.60	654.90	634.80	1.247 times
27 Tue Aug 2024	639.20	646.65	654.95	635.90	1.226 times
26 Mon Aug 2024	646.30	654.00	660.40	643.15	0.801 times
23 Fri Aug 2024	652.60	669.95	681.80	650.00	1.019 times
22 Thu Aug 2024	663.25	658.00	670.00	648.55	0.914 times
21 Wed Aug 2024	652.05	634.70	657.95	632.35	0.979 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 661.4, but if it comes below 661.4, then a intra day sell could be more profitable.
If you take a sell trade below 661.4, then use 661.4 as stoploss and 651.66 as target. However if you take a buy trade in stock , then use 661.4 as stoploss and 673.1 as target.

Share price targets for Steelcast (STEELCAS)

Target Type	Value
Downside Target	591.60
Downside Target	611.55
Downside Target	655.50
Upside Target	675.00
Upside Target	675.45
Upside Target	681.80
Upside Target	684.00
Upside Target	695.00
Upside Target	724.55

Intraday share price targets for Steelcast (STEELCAS)

Target Type	Value
Downside Intraday Target	653.48
Downside Intraday Target	644.52
Upside Intraday Target	673.43
Upside Intraday Target	684.42
Upside Intraday Target	664.47

Weekly technical analysis of Steelcast (STEELCAS)

Date	Weekly Closing Price	Open	High	Low	Volume
03 Tue Sep 2024	662.45	665.00	675.45	655.50	0.256 times
30 Fri Aug 2024	670.40	654.00	675.00	634.80	1.106 times
23 Fri Aug 2024	652.60	639.45	681.80	628.00	1.436 times
16 Fri Aug 2024	639.45	660.00	665.00	625.15	0.494 times
09 Fri Aug 2024	656.90	651.70	672.00	611.55	0.967 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
03 Tue Sep 2024	662.45	665.00	675.45	655.50	0.056 times
30 Fri Aug 2024	670.40	635.10	681.80	611.55	0.778 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

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 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 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 mid to longer term time period is neutral. A longer time frame might give a better analysis.

ADX buy sell signal for Steelcast stock for short term is BUY. Signal strength is Weak and stock is losing momentum.

MACD generated a BUY signal for Steelcast in short term and the buy signal is strong.

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 tired and bears are picking up momentum.

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 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 655.59 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.