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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 2024-11-12 View latest technical analysis

10 day averaged volume of Steel City is 331622

Date	Daily Closing Price	Open	High	Low	Volume
12 Tue Nov 2024	113.85	119.55	119.56	113.15	0.217 times
11 Mon Nov 2024	117.76	119.79	124.00	113.16	0.762 times
08 Fri Nov 2024	118.49	112.49	120.49	109.10	1.088 times
07 Thu Nov 2024	109.94	118.00	118.02	109.10	0.758 times
06 Wed Nov 2024	118.26	119.40	122.97	117.00	0.964 times
05 Tue Nov 2024	117.39	109.01	126.64	109.01	4.164 times
04 Mon Nov 2024	108.29	107.99	110.00	105.10	1.02 times
01 Fri Nov 2024	104.36	104.35	105.89	103.10	0.158 times
31 Thu Oct 2024	102.79	100.30	109.22	99.10	0.75 times
30 Wed Oct 2024	99.72	93.80	102.60	93.80	0.269 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 112.4, but if it comes below 112.4, then a intra day sell could be more profitable.
If you take a sell trade below 112.4, then use 112.4 as stoploss and 103.09 as target. However if you take a buy trade in stock , then use 112.4 as stoploss and 123.7 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	113.15
Upside Target	124.00
Upside Target	126.64

Intraday share price targets for Steel City (STEELCITY)

Target Type	Value
Downside Intraday Target	110
Downside Intraday Target	106.15
Upside Intraday Target	120.85
Upside Intraday Target	127.85
Upside Intraday Target	117

Weekly technical analysis of Steel City (STEELCITY)

Date	Weekly Closing Price	Open	High	Low	Volume
12 Tue Nov 2024	113.85	119.79	124.00	113.15	0.122 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
12 Tue Nov 2024	113.85	104.35	126.64	103.10	1.768 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 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 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 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.

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 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 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 114.32 and Steel City (STEELCITY) stock is trading below this level. This means that stock is falling with high volumes. 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.