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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 2024-11-19 View latest technical analysis

10 day averaged volume of Steel City is 319176

Date	Daily Closing Price	Open	High	Low	Volume
19 Tue Nov 2024	105.83	102.90	108.00	101.80	0.204 times
18 Mon Nov 2024	101.99	104.75	104.76	100.99	0.141 times
14 Thu Nov 2024	101.24	103.00	105.88	100.16	0.125 times
13 Wed Nov 2024	103.67	114.00	114.93	101.11	0.41 times
12 Tue Nov 2024	113.85	119.55	119.56	113.15	0.225 times
11 Mon Nov 2024	117.76	119.79	124.00	113.16	0.792 times
08 Fri Nov 2024	118.49	112.49	120.49	109.10	1.131 times
07 Thu Nov 2024	109.94	118.00	118.02	109.10	0.787 times
06 Wed Nov 2024	118.26	119.40	122.97	117.00	1.002 times
05 Tue Nov 2024	117.39	109.01	126.64	109.01	4.327 times

My analysis of stock is bullish for shortterm, and stock might move up till 113.2 or till 123.6. Use a stoploss of 104.54 and if this stock hits its stoploss, then it can fall down till 95.87

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	100.16
Downside Target	105.10
Upside Target	108.00
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	101.88
Downside Intraday Target	97.93
Upside Intraday Target	108.89
Upside Intraday Target	111.95
Downside Intraday Target	104.94

Weekly technical analysis of Steel City (STEELCITY)

Date	Weekly Closing Price	Open	High	Low	Volume
19 Tue Nov 2024	105.83	104.75	108.00	100.99	0.222 times
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

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
19 Tue Nov 2024	105.83	104.35	126.64	100.16	1.932 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 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 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 Weak and stock is gaining 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 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 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 115.59 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.