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(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, -10Buy
Stochastics 100Buy
CCI 150Buy
RSI 50Buy
OBV 1787525Sell
VWAP 144Buy
ADL 0Sell
ROC 16Buy
Force Index 0Sell

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.

Click here for Steel Exchange charts

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Daily charts

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Daily chart

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