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 2024-11-11 View latest technical analysis

10 day averaged volume of Steel City is 309039

Date	Daily Closing Price	Open	High	Low	Volume
11 Mon Nov 2024	117.76	119.79	124.00	113.16	0.818 times
08 Fri Nov 2024	118.49	112.49	120.49	109.10	1.168 times
07 Thu Nov 2024	109.94	118.00	118.02	109.10	0.813 times
06 Wed Nov 2024	118.26	119.40	122.97	117.00	1.035 times
05 Tue Nov 2024	117.39	109.01	126.64	109.01	4.469 times
04 Mon Nov 2024	108.29	107.99	110.00	105.10	1.094 times
01 Fri Nov 2024	104.36	104.35	105.89	103.10	0.169 times
31 Thu Oct 2024	102.79	100.30	109.22	99.10	0.805 times
30 Wed Oct 2024	99.72	93.80	102.60	93.80	0.289 times
29 Tue Oct 2024	93.80	94.31	95.00	93.21	0.071 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 111.3, but if it comes below 111.3, then a intra day sell could be more profitable.
If you take a sell trade below 111.3, then use 111.3 as stoploss and 102.25 as target. However if you take a buy trade in stock , then use 111.3 as stoploss and 122.2 as target.

Share price targets for Steel City (STEELCITY)

Target Type	Value
Downside Target	85.09
Downside Target	91.16
Downside Target	93.21
Downside Target	97.86
Downside Target	101.70
Downside Target	109.22
Downside Target	109.25
Downside Target	113.16
Upside Target	124.00
Upside Target	126.64

Intraday share price targets for Steel City (STEELCITY)

Target Type	Value
Downside Intraday Target	112.61
Downside Intraday Target	107.47
Upside Intraday Target	123.45
Upside Intraday Target	129.15
Upside Intraday Target	118.31

Weekly technical analysis of Steel City (STEELCITY)

Date	Weekly Closing Price	Open	High	Low	Volume
11 Mon Nov 2024	117.76	119.79	124.00	113.16	0.095 times
08 Fri Nov 2024	118.49	107.99	126.64	105.10	6.035 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

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
11 Mon Nov 2024	117.76	104.35	126.64	103.10	1.726 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, and volume has increased substantially. This means that the move can 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 sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 gaining 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 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 tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down

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 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 114.2 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.