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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 2024-11-21 View latest technical analysis

10 day averaged volume of Steel City is 291866

Date	Daily Closing Price	Open	High	Low	Volume
21 Thu Nov 2024	104.76	105.90	111.99	103.20	0.305 times
19 Tue Nov 2024	105.83	102.90	108.00	101.80	0.223 times
18 Mon Nov 2024	101.99	104.75	104.76	100.99	0.154 times
14 Thu Nov 2024	101.24	103.00	105.88	100.16	0.137 times
13 Wed Nov 2024	103.67	114.00	114.93	101.11	0.449 times
12 Tue Nov 2024	113.85	119.55	119.56	113.15	0.246 times
11 Mon Nov 2024	117.76	119.79	124.00	113.16	0.866 times
08 Fri Nov 2024	118.49	112.49	120.49	109.10	1.236 times
07 Thu Nov 2024	109.94	118.00	118.02	109.10	0.861 times
06 Wed Nov 2024	118.26	119.40	122.97	117.00	1.095 times

My analysis of stock is bearish for shortterm, and stock might move down till 96.5 or till 86.4. Use a stoploss of 104.98 and if the stock hits stoploss, then it can shoot up till 113.42

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
Upside Target	105.10
Upside Target	109.22
Upside Target	109.25
Upside Target	111.99
Upside Target	124.00
Upside Target	126.64

Intraday share price targets for Steel City (STEELCITY)

Target Type	Value
Downside Intraday Target	99.84
Downside Intraday Target	94.91
Upside Intraday Target	110.84
Upside Intraday Target	116.91
Upside Intraday Target	105.91

Weekly technical analysis of Steel City (STEELCITY)

Date	Weekly Closing Price	Open	High	Low	Volume
21 Thu Nov 2024	104.76	104.75	111.99	100.99	0.402 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
21 Thu Nov 2024	104.76	104.35	126.64	100.16	1.984 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 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 Strong 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 coming down

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

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

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.