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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 2024-10-25 View latest technical analysis

10 day averaged volume of Steel City is 109002

Date	Daily Closing Price	Open	High	Low	Volume
25 Fri Oct 2024	93.50	95.02	95.03	92.99	0.579 times
24 Thu Oct 2024	95.02	92.60	97.19	92.60	0.351 times
23 Wed Oct 2024	94.50	95.00	95.66	92.30	0.631 times
22 Tue Oct 2024	95.84	95.50	107.00	92.66	7.321 times
21 Mon Oct 2024	93.35	96.20	97.25	91.16	0.242 times
18 Fri Oct 2024	96.20	98.70	98.70	95.51	0.127 times
17 Thu Oct 2024	97.39	96.83	99.65	96.00	0.446 times
16 Wed Oct 2024	96.83	97.69	98.85	96.20	0.239 times
15 Tue Oct 2024	97.12	98.00	98.50	95.57	0.394 times
14 Mon Oct 2024	96.21	94.90	96.69	93.61	0.204 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 92.6 as stoploss in an intra day buy trade for a target of 94.74. However, stock will show a bearish move below 92.6.

Share price targets for Steel City (STEELCITY)

Target Type	Value
Downside Target	80.00
Downside Target	85.09
Downside Target	91.16
Upside Target	95.86
Upside Target	97.86
Upside Target	99.65
Upside Target	101.70
Upside Target	102.95
Upside Target	106.80
Upside Target	107.00
Upside Target	109.25

Intraday share price targets for Steel City (STEELCITY)

Target Type	Value
Downside Intraday Target	87.44
Downside Intraday Target	81.38
Upside Intraday Target	103.28
Upside Intraday Target	113.06
Upside Intraday Target	97.22

Weekly technical analysis of Steel City (STEELCITY)

Date	Weekly Closing Price	Open	High	Low	Volume
25 Fri Oct 2024	93.50	96.20	107.00	91.16	6.474 times
18 Fri Oct 2024	96.20	94.90	99.65	93.61	1.434 times
11 Fri Oct 2024	93.41	95.60	97.00	87.00	1.093 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

Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Steel City (STEELCITY)

Date	Monthly Closing Price	Open	High	Low	Volume
25 Fri Oct 2024	93.50	96.85	107.00	87.00	0.765 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

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

ADX buy sell signal for Steel City stock for short term is BUY. 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 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 BUY signal in short term and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Steel City is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 95.69 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 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.