Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-10-28 View latest technical analysis

10 day averaged volume of Steel City is 114827

Date	Daily Closing Price	Open	High	Low	Volume
28 Mon Oct 2024	94.53	93.63	95.69	93.40	0.234 times
25 Fri Oct 2024	93.50	95.02	95.03	92.99	0.55 times
24 Thu Oct 2024	95.02	92.60	97.19	92.60	0.333 times
23 Wed Oct 2024	94.50	95.00	95.66	92.30	0.599 times
22 Tue Oct 2024	95.84	95.50	107.00	92.66	6.95 times
21 Mon Oct 2024	93.35	96.20	97.25	91.16	0.23 times
18 Fri Oct 2024	96.20	98.70	98.70	95.51	0.121 times
17 Thu Oct 2024	97.39	96.83	99.65	96.00	0.424 times
16 Wed Oct 2024	96.83	97.69	98.85	96.20	0.226 times
15 Tue Oct 2024	97.12	98.00	98.50	95.57	0.374 times

My analysis of stock is bearish for shortterm, and stock might move down till 92.6 or till 90.1. Use a stoploss of 94.65 and if the stock hits stoploss, then it can shoot up till 96.73

Share price targets for Steel City (STEELCITY)

Target Type	Value
Downside Target	80.00
Downside Target	85.09
Downside Target	91.16
Upside Target	97.00
Upside Target	97.86
Upside Target	99.65
Upside Target	101.70
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	93.39
Downside Intraday Target	92.25
Upside Intraday Target	95.68
Upside Intraday Target	96.83
Upside Intraday Target	94.54

Weekly technical analysis of Steel City (STEELCITY)

Date	Weekly Closing Price	Open	High	Low	Volume
28 Mon Oct 2024	94.53	93.63	95.69	93.40	0.027 times
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

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
28 Mon Oct 2024	94.53	96.85	107.00	87.00	0.78 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 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 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 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 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 weakening, and bulls are picking up momentum!

Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be moving up

CCI has generated a buy signal for Steel City in short term but BUY 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 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 95.66 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.