(STEELXIND) Steel Exchange complete technical analysis [charts+indicators] | Buy/Sell Steel Exchange | (STEELXIND) share price targets
Complete technical analysis of Steel Exchange (STEELXIND) by charts plus indicators, forecast predictions and share price targets for Steel Exchange (STEELXIND)
10 day averaged volume of Steel Exchange is 366204
| Date | Daily Closing Price | Open | High | Low | Volume |
| 01 Fri Jul 2022 | 169.35 | 168.00 | 169.35 | 161.10 | 2.654 times |
| 30 Thu Jun 2022 | 161.30 | 161.30 | 161.30 | 155.70 | 1.163 times |
| 29 Wed Jun 2022 | 153.65 | 153.65 | 153.65 | 150.35 | 0.69 times |
| 28 Tue Jun 2022 | 146.35 | 146.35 | 146.35 | 144.10 | 0.273 times |
| 27 Mon Jun 2022 | 139.40 | 137.75 | 139.40 | 137.00 | 0.36 times |
| 24 Fri Jun 2022 | 132.80 | 135.95 | 136.50 | 130.30 | 0.562 times |
| 23 Thu Jun 2022 | 131.20 | 122.50 | 131.75 | 119.25 | 3.058 times |
| 22 Wed Jun 2022 | 125.50 | 133.95 | 134.35 | 125.50 | 1.185 times |
| 21 Tue Jun 2022 | 132.10 | 141.90 | 143.90 | 132.05 | 1.409 times |
| 20 Mon Jun 2022 | 139.00 | 145.10 | 146.65 | 139.00 | 0.665 times |
Stock of Steel Exchange (STEELXIND) has showed a significant upmove. This could be a good time to enter in this stock!
Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 165.5, for a target of 153.6 or 143.63
Share price targets for Steel Exchange (STEELXIND)
| Target Type | Value |
| Downside Target | 119.25 |
| Downside Target | 130.05 |
| Downside Target | 133.55 |
| Downside Target | 146.65 |
| Downside Target | 152.10 |
| Downside Target | 161.10 |
| Downside Target | 167.50 |
| Downside Target | 169.35 |
| Upside Target | 209.15 |
| Upside Target | 227.75 |
| Upside Target | 232.00 |
| Upside Target | 242.90 |
| Upside Target | 258.70 |
Intraday share price targets for Steel Exchange (STEELXIND)
| Target Type | Value |
| Downside Intraday Target | 147.78 |
| Downside Intraday Target | 126.22 |
| Upside Intraday Target | 180.13 |
| Upside Intraday Target | 190.92 |
| Downside Intraday Target | 158.57 |
Weekly technical analysis of Steel Exchange (STEELXIND)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 01 Fri Jul 2022 | 169.35 | 137.75 | 169.35 | 137.00 | 0.747 times |
| 24 Fri Jun 2022 | 132.80 | 145.10 | 146.65 | 119.25 | 1.562 times |
| 17 Fri Jun 2022 | 146.30 | 139.50 | 152.10 | 133.55 | 1.684 times |
| 10 Fri Jun 2022 | 144.55 | 150.90 | 155.00 | 135.35 | 0.551 times |
| 03 Fri Jun 2022 | 149.50 | 155.00 | 167.50 | 148.25 | 0.519 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 Exchange (STEELXIND)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 01 Fri Jul 2022 | 169.35 | 168.00 | 169.35 | 161.10 | 0.141 times |
| 30 Thu Jun 2022 | 161.30 | 164.80 | 167.50 | 119.25 | 0.615 times |
| 31 Tue May 2022 | 161.35 | 219.00 | 227.75 | 130.05 | 1.497 times |
| 29 Fri Apr 2022 | 220.15 | 244.75 | 258.70 | 209.15 | 10.261 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 Exchange (STEELXIND)
| Indicator Name | Indicator Value | Indicator Signal |
| ADX | 42, 20, 36 | Buy |
| MACD | -4, -10 | Buy |
| Stochastics | 100 | Buy |
| CCI | 150 | Buy |
| RSI | 50 | Buy |
| OBV | 1787525 | Sell |
| VWAP | 144 | Buy |
| ADL | 0 | Sell |
| ROC | 16 | Buy |
| Force Index | 0 | Sell |
Price action analysis of Steel Exchange ( (STEELXIND) ) based on a short 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 Exchange ( (STEELXIND) ) based on a short 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 Exchange ( (STEELXIND) ) 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 Exchange ( (STEELXIND) ) based on a mid to longer 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.
ADX buy sell signal for Steel Exchange stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a BUY signal for Steel Exchange in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Steel Exchange 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 red color and prices are in or above the red cloud Prices appear to be moving up
CCI has generated a buy signal for Steel Exchange in short term and BUY 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
Stock of Steel Exchange is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 144.47 and Steel Exchange (STEELXIND) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
People seem to be coming out and selling the Steel Exchange (STEELXIND) stock. Volume based technical analysis of Steel Exchange (STEELXIND) stock is negative.
Steel Exchange 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.
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