(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)
Showing technical analysis as on 2021-11-17 View latest technical analysis
10 day averaged volume of Steel Exchange is 740955
| Date | Daily Closing Price | Open | High | Low | Volume |
| 17 Wed Nov 2021 | 80.30 | 80.95 | 81.50 | 79.60 | 0.201 times |
| 16 Tue Nov 2021 | 80.55 | 83.00 | 83.00 | 79.45 | 0.485 times |
| 15 Mon Nov 2021 | 81.15 | 86.00 | 86.00 | 78.35 | 0.939 times |
| 12 Fri Nov 2021 | 85.60 | 85.15 | 86.90 | 82.50 | 0.469 times |
| 11 Thu Nov 2021 | 84.45 | 86.00 | 87.65 | 83.90 | 0.456 times |
| 10 Wed Nov 2021 | 87.05 | 86.50 | 88.50 | 85.70 | 0.648 times |
| 09 Tue Nov 2021 | 88.05 | 88.70 | 90.35 | 87.25 | 0.549 times |
| 08 Mon Nov 2021 | 89.30 | 91.90 | 92.30 | 86.80 | 0.501 times |
| 04 Thu Nov 2021 | 91.25 | 92.50 | 94.30 | 89.25 | 0.737 times |
| 03 Wed Nov 2021 | 90.50 | 87.30 | 91.50 | 87.25 | 2.755 times |
My analysis of stock is bearish for shortterm, and stock might move down till 74.9 or till 67.5. Use a stoploss of 81.05 and if the stock hits stoploss, then it can shoot up till 87.22
Share price targets for Steel Exchange (STEELXIND)
| Target Type | Value |
| Downside Target | 66.20 |
| Downside Target | 69.20 |
| Downside Target | 71.25 |
| Downside Target | 73.00 |
| Downside Target | 78.00 |
| Upside Target | 80.70 |
| Upside Target | 82.50 |
| Upside Target | 82.55 |
| Upside Target | 86.00 |
| Upside Target | 89.00 |
| Upside Target | 92.30 |
| Upside Target | 94.30 |
Intraday share price targets for Steel Exchange (STEELXIND)
| Target Type | Value |
| Downside Intraday Target | 77.1 |
| Downside Intraday Target | 73.9 |
| Upside Intraday Target | 84.75 |
| Upside Intraday Target | 89.2 |
| Upside Intraday Target | 81.55 |
Weekly technical analysis of Steel Exchange (STEELXIND)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 17 Wed Nov 2021 | 80.30 | 86.00 | 86.00 | 78.35 | 0.62 times |
| 12 Fri Nov 2021 | 85.60 | 91.90 | 92.30 | 82.50 | 0.366 times |
| 04 Thu Nov 2021 | 91.25 | 75.80 | 94.30 | 74.10 | 6.318 times |
| 29 Fri Oct 2021 | 73.30 | 78.00 | 78.10 | 73.00 | 0.365 times |
| 22 Fri Oct 2021 | 76.10 | 79.00 | 80.70 | 71.25 | 0.772 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 Exchange (STEELXIND)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 17 Wed Nov 2021 | 80.30 | 75.80 | 94.30 | 74.10 | 1.208 times |
| 29 Fri Oct 2021 | 73.30 | 74.80 | 82.05 | 69.20 | 1.444 times |
| 30 Thu Sep 2021 | 74.45 | 81.85 | 82.55 | 67.50 | 0.149 times |
| 31 Tue Aug 2021 | 81.70 | 76.00 | 89.00 | 67.15 | 2.761 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 Exchange (STEELXIND)
| Indicator Name | Indicator Value | Indicator Signal |
| ADX | 20, 23, 8 | Sell |
| MACD | 3, 4 | Sell |
| Stochastics | 20 | Sell |
| CCI | -113 | Sell |
| RSI | 64 | Buy |
| OBV | 1747858 | Sell |
| VWAP | 87 | Sell |
| ADL | 0 | Sell |
| ROC | -7 | Sell |
| Force Index | 0 | Sell |
Price action analysis of Steel Exchange ( (STEELXIND) ) 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 Exchange ( (STEELXIND) ) 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 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
ADX buy sell signal for Steel Exchange stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Steel Exchange in short term but the sell signal is initial and weak.
Steel Exchange 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 red color and prices are in or above the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Steel Exchange 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 Exchange is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 87.36 and Steel Exchange (STEELXIND) 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 Exchange (STEELXIND) stock. Volume based technical analysis of Steel Exchange (STEELXIND) stock is negative.
Steel Exchange 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.
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