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(STEELCITY) Steel City complete technical analysis [charts+indicators] | Buy/Sell Steel City | (STEELCITY) share price targets

Complete technical analysis of Steel City (STEELCITY) by charts plus indicators, forecast predictions and share price targets for Steel City (STEELCITY)

Showing technical analysis as on 2024-10-07 View latest technical analysis

10 day averaged volume of Steel City is 46144

Date	Daily Closing Price	Open	High	Low	Volume
07 Mon Oct 2024	87.55	95.60	95.60	87.00	1.097 times
04 Fri Oct 2024	93.87	94.20	95.24	93.11	0.428 times
03 Thu Oct 2024	92.95	92.60	95.57	92.15	0.804 times
01 Tue Oct 2024	95.97	96.85	96.88	95.51	0.288 times
30 Mon Sep 2024	95.71	95.20	96.49	94.40	0.605 times
27 Fri Sep 2024	96.45	97.24	97.80	95.86	0.439 times
26 Thu Sep 2024	96.40	99.50	99.59	96.01	0.719 times
25 Wed Sep 2024	98.40	99.98	99.98	97.50	0.364 times
24 Tue Sep 2024	98.76	99.30	101.66	98.00	0.595 times
23 Mon Sep 2024	99.86	101.70	102.95	99.22	1.332 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 89.8, for a target of 93.6 or 96.68

Share price targets for Steel City (STEELCITY)

Target Type	Value
Downside Target	80.00
Downside Target	85.09
Upside Target	92.15
Upside Target	96.88
Upside Target	97.86
Upside Target	101.70
Upside Target	102.95
Upside Target	104.00
Upside Target	105.00
Upside Target	106.80
Upside Target	109.25

Intraday share price targets for Steel City (STEELCITY)

Target Type	Value
Downside Intraday Target	84.5
Downside Intraday Target	81.45
Upside Intraday Target	93.1
Upside Intraday Target	98.65
Upside Intraday Target	90.05

Weekly technical analysis of Steel City (STEELCITY)

Date	Weekly Closing Price	Open	High	Low	Volume
07 Mon Oct 2024	87.55	95.60	95.60	87.00	0.516 times
04 Fri Oct 2024	93.87	95.20	96.88	92.15	0.616 times
27 Fri Sep 2024	96.45	101.70	102.95	95.86	0.571 times
20 Fri Sep 2024	101.18	99.65	105.00	94.22	0.733 times
13 Fri Sep 2024	98.17	102.00	104.00	93.91	0.429 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 Steel City (STEELCITY)

Date	Monthly Closing Price	Open	High	Low	Volume
07 Mon Oct 2024	87.55	96.85	96.88	87.00	0.07 times
30 Mon Sep 2024	95.71	99.45	109.25	93.91	1.761 times
30 Fri Aug 2024	98.99	98.00	101.70	85.65	1.101 times
31 Wed Jul 2024	96.33	91.65	97.86	85.09	0.655 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 Steel City (STEELCITY)

Price action analysis of Steel City ( (STEELCITY) ) 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 Steel City ( (STEELCITY) ) 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 Steel City ( (STEELCITY) ) based on a mid to longer 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.

ADX buy sell signal for Steel City stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Steel City in short term and the sell signal is strong.

Steel City 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 coming down

CCI has generated a SELL signal for Steel City in short term and SELL signal is strong!

RSI is generating a SELL signal in short term and selling is picking up 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 Steel City is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 95.3 and Steel City (STEELCITY) 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 Steel City (STEELCITY) stock. Volume based technical analysis of Steel City (STEELCITY) stock is negative.

Steel City 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.