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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 2024-11-06 View latest technical analysis

10 day averaged volume of Steel City is 232880

Date	Daily Closing Price	Open	High	Low	Volume
06 Wed Nov 2024	118.26	119.40	122.97	117.00	1.373 times
05 Tue Nov 2024	117.39	109.01	126.64	109.01	5.93 times
04 Mon Nov 2024	108.29	107.99	110.00	105.10	1.452 times
01 Fri Nov 2024	104.36	104.35	105.89	103.10	0.225 times
31 Thu Oct 2024	102.79	100.30	109.22	99.10	1.068 times
30 Wed Oct 2024	99.72	93.80	102.60	93.80	0.384 times
29 Tue Oct 2024	93.80	94.31	95.00	93.21	0.095 times
28 Mon Oct 2024	94.53	93.63	95.69	93.40	0.115 times
25 Fri Oct 2024	93.50	95.02	95.03	92.99	0.271 times
24 Thu Oct 2024	95.02	92.60	97.19	92.60	0.164 times

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 115.3, for a target of 106.5 or 99.13

Share price targets for Steel City (STEELCITY)

Target Type	Value
Downside Target	85.09
Downside Target	91.16
Downside Target	93.21
Downside Target	97.00
Downside Target	101.70
Downside Target	105.10
Downside Target	107.00
Downside Target	109.22
Downside Target	109.25
Upside Target	126.64

Intraday share price targets for Steel City (STEELCITY)

Target Type	Value
Downside Intraday Target	106.69
Downside Intraday Target	95.13
Upside Intraday Target	128.23
Upside Intraday Target	138.21
Downside Intraday Target	116.67

Weekly technical analysis of Steel City (STEELCITY)

Date	Weekly Closing Price	Open	High	Low	Volume
06 Wed Nov 2024	118.26	107.99	126.64	105.10	4.641 times
01 Fri Nov 2024	104.36	93.63	109.22	93.21	0.442 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

Price has moved up 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
06 Wed Nov 2024	118.26	104.35	126.64	103.10	1.221 times
31 Thu Oct 2024	102.79	96.85	109.22	87.00	0.988 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

Scroll below to view daily charts

Price has moved up 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 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 Steel City ( (STEELCITY) ) 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 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 BUY. Signal strength is Strong and stock is losing momentum.

MACD generated a BUY signal for Steel City 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.

Steel City Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

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

CCI has generated a buy signal for Steel City in short term and BUY signal is strong.

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 112.66 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 rising upwards.

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 positive

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