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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 2024-10-10 View latest technical analysis

10 day averaged volume of Steel City is 26117

Date	Daily Closing Price	Open	High	Low	Volume
10 Thu Oct 2024	93.99	96.39	96.39	93.52	0.358 times
09 Wed Oct 2024	94.88	93.07	97.00	93.07	0.58 times
08 Tue Oct 2024	94.09	88.80	94.99	88.10	1.038 times
07 Mon Oct 2024	87.55	95.60	95.60	87.00	1.939 times
04 Fri Oct 2024	93.87	94.20	95.24	93.11	0.756 times
03 Thu Oct 2024	92.95	92.60	95.57	92.15	1.421 times
01 Tue Oct 2024	95.97	96.85	96.88	95.51	0.509 times
30 Mon Sep 2024	95.71	95.20	96.49	94.40	1.069 times
27 Fri Sep 2024	96.45	97.24	97.80	95.86	0.775 times
26 Thu Sep 2024	96.40	99.50	99.59	96.01	1.27 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 93.1 as stoploss in an intra day buy trade for a target of 95.95. However, stock will show a bearish move below 93.1.

Share price targets for Steel City (STEELCITY)

Target Type	Value
Downside Target	80.00
Downside Target	85.09
Downside Target	92.15
Upside Target	97.00
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	88.33
Downside Intraday Target	82.66
Upside Intraday Target	98.33
Upside Intraday Target	102.66
Downside Intraday Target	92.66

Weekly technical analysis of Steel City (STEELCITY)

Date	Weekly Closing Price	Open	High	Low	Volume
10 Thu Oct 2024	93.99	95.60	97.00	87.00	1.043 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 up 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
10 Thu Oct 2024	93.99	96.85	97.00	87.00	0.099 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 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 Steel City ( (STEELCITY) ) based on a short 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 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 losing momentum.

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

Steel City 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 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 but SELL signal is weak.

RSI is generating a BUY signal in short term and the buying is gaining 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 93.41 and Steel City (STEELCITY) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 positive

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