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 2024-11-14 View latest technical analysis

10 day averaged volume of Steel City is 340776

Date	Daily Closing Price	Open	High	Low	Volume
14 Thu Nov 2024	101.24	103.00	105.88	100.16	0.117 times
13 Wed Nov 2024	103.67	114.00	114.93	101.11	0.384 times
12 Tue Nov 2024	113.85	119.55	119.56	113.15	0.211 times
11 Mon Nov 2024	117.76	119.79	124.00	113.16	0.742 times
08 Fri Nov 2024	118.49	112.49	120.49	109.10	1.059 times
07 Thu Nov 2024	109.94	118.00	118.02	109.10	0.737 times
06 Wed Nov 2024	118.26	119.40	122.97	117.00	0.938 times
05 Tue Nov 2024	117.39	109.01	126.64	109.01	4.053 times
04 Mon Nov 2024	108.29	107.99	110.00	105.10	0.993 times
01 Fri Nov 2024	104.36	104.35	105.89	103.10	0.154 times

My analysis of stock is bearish for shortterm, and stock might move down till 94.5 or till 83.5. Use a stoploss of 103.63 and if the stock hits stoploss, then it can shoot up till 112.78

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
Upside Target	105.10
Upside Target	107.00
Upside Target	109.22
Upside Target	109.25
Upside Target	124.00
Upside Target	126.64

Intraday share price targets for Steel City (STEELCITY)

Target Type	Value
Downside Intraday Target	92.93
Downside Intraday Target	84.63
Upside Intraday Target	116.77
Upside Intraday Target	132.31
Upside Intraday Target	108.47

Weekly technical analysis of Steel City (STEELCITY)

Date	Weekly Closing Price	Open	High	Low	Volume
14 Thu Nov 2024	101.24	119.79	124.00	100.16	0.187 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
14 Thu Nov 2024	101.24	104.35	126.64	100.16	1.868 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 down 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 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 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

ADX buy sell signal for Steel City stock for short term is BUY. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Steel City in short term but the sell signal is initial and weak.

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 green color and prices are in or below the green 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

Although the stock is in the BUY zone, but buying 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 115.03 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 has given negative 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.