(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 2022-05-05 View latest technical analysis
10 day averaged volume of Steel Exchange is 383344
|Date||Daily Closing Price||Open||High||Low||Volume|
|05 Thu May 2022||202.60||214.00||214.00||200.30||0.608 times|
|04 Wed May 2022||210.80||221.90||223.55||210.40||0.664 times|
|02 Mon May 2022||221.45||219.00||227.75||217.00||0.667 times|
|29 Fri Apr 2022||220.15||215.10||222.45||212.45||2.312 times|
|28 Thu Apr 2022||211.90||212.60||216.45||211.05||0.493 times|
|27 Wed Apr 2022||213.25||215.70||220.15||211.00||1.129 times|
|26 Tue Apr 2022||215.70||219.80||222.00||213.45||1.092 times|
|25 Mon Apr 2022||213.10||213.40||218.05||209.15||0.648 times|
|22 Fri Apr 2022||216.20||222.95||231.05||213.50||0.751 times|
|21 Thu Apr 2022||224.30||234.90||234.90||217.55||1.054 times|
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 212.1, but if it comes above 212.1, then a intra day buy could be more profitable.
If you take a sell trade below 212.1, then use 212.1 as stoploss and 195.1 as target. However if you take a buy trade in stock , then use 212.1 as stoploss and 226.26 as target.
Share price targets for Steel Exchange (STEELXIND)
Intraday share price targets for Steel Exchange (STEELXIND)
|Downside Intraday Target||192.68|
|Downside Intraday Target||182.77|
|Upside Intraday Target||220.13|
|Upside Intraday Target||237.67|
|Upside Intraday Target||210.22|
Weekly technical analysis of Steel Exchange (STEELXIND)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|05 Thu May 2022||202.60||219.00||227.75||200.30||0.342 times|
|29 Fri Apr 2022||220.15||213.40||222.45||209.15||1.186 times|
|22 Fri Apr 2022||216.20||236.30||236.30||210.90||2.021 times|
|13 Wed Apr 2022||238.10||254.00||258.70||235.05||0.396 times|
|08 Fri Apr 2022||253.95||240.80||255.85||227.00||1.041 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|
|05 Thu May 2022||202.60||219.00||227.75||200.30||0.1 times|
|29 Fri Apr 2022||220.15||244.75||258.70||209.15||10.261 times|
|31 Thu Mar 2022||238.85||232.05||242.90||232.00||0.598 times|
|03 Mon Jan 2022||188.15||176.00||191.00||175.30||0.035 times|
Scroll below to view daily charts
Price has moved down 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, 29, 19||Sell|
Price action analysis of Steel Exchange ( (STEELXIND) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Steel Exchange ( (STEELXIND) ) based on a short 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 Exchange ( (STEELXIND) ) based on a short to mid 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 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 Exchange stock for short term is SELL. Signal strength is Weak and stock is gaining 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 but buying is losing momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling 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 216.34 and Steel Exchange (STEELXIND) 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 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.