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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 2024-12-30 View latest technical analysis

10 day averaged volume of Steel City is 161303

Date	Daily Closing Price	Open	High	Low	Volume
30 Mon Dec 2024	111.29	112.00	112.70	110.15	0.185 times
27 Fri Dec 2024	111.68	111.05	114.20	111.05	0.197 times
26 Thu Dec 2024	111.74	114.82	117.21	110.92	0.418 times
24 Tue Dec 2024	114.82	112.20	118.00	112.20	0.463 times
23 Mon Dec 2024	113.57	118.90	118.91	112.73	0.282 times
20 Fri Dec 2024	116.39	121.00	122.89	115.25	0.725 times
19 Thu Dec 2024	121.16	119.50	124.09	118.45	0.66 times
18 Wed Dec 2024	121.10	123.90	125.79	117.17	1.055 times
17 Tue Dec 2024	124.17	127.50	128.00	123.50	0.751 times
16 Mon Dec 2024	128.46	121.20	135.83	119.27	4.899 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 112, but if it comes above 112, then a intra day buy could be more profitable.
If you take a sell trade below 112, then use 112 as stoploss and 106.8 as target. However if you take a buy trade in stock , then use 112 as stoploss and 116.38 as target.

Share price targets for Steel City (STEELCITY)

Target Type	Value
Downside Target	85.65
Downside Target	93.91
Downside Target	100.16
Downside Target	107.02
Downside Target	109.22
Upside Target	115.25
Upside Target	117.87
Upside Target	118.91
Upside Target	124.60
Upside Target	126.64
Upside Target	135.83

Intraday share price targets for Steel City (STEELCITY)

Target Type	Value
Downside Intraday Target	110.06
Downside Intraday Target	108.83
Upside Intraday Target	112.61
Upside Intraday Target	113.93
Upside Intraday Target	111.38

Weekly technical analysis of Steel City (STEELCITY)

Date	Weekly Closing Price	Open	High	Low	Volume
30 Mon Dec 2024	111.29	112.00	112.70	110.15	0.136 times
27 Fri Dec 2024	111.68	118.90	118.91	110.92	0.168 times
20 Fri Dec 2024	116.39	121.20	135.83	115.25	2.426 times
13 Fri Dec 2024	118.97	114.00	124.60	113.51	2.057 times
06 Fri Dec 2024	113.68	109.99	117.87	107.02	0.485 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
30 Mon Dec 2024	111.29	109.99	135.83	107.02	0.591 times
29 Fri Nov 2024	108.59	104.35	126.64	100.16	2.325 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

Scroll below to view daily charts

Price has moved up this month, but volume has not increased substantially. This means that the move can be temporary and might not 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 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 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 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 123.42 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.