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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)

Showing technical analysis as on 2024-11-13 View latest technical analysis

10 day averaged volume of Steel Exchange is 1316243

Date	Daily Closing Price	Open	High	Low	Volume
13 Wed Nov 2024	10.13	10.79	10.80	10.10	1.396 times
12 Tue Nov 2024	10.62	10.89	10.98	10.52	0.863 times
11 Mon Nov 2024	10.86	11.00	11.03	10.60	0.708 times
08 Fri Nov 2024	11.02	11.15	11.20	11.00	0.968 times
07 Thu Nov 2024	11.19	11.16	11.38	11.14	0.973 times
06 Wed Nov 2024	11.19	11.19	11.40	11.06	1.944 times
05 Tue Nov 2024	11.19	11.25	11.38	11.15	1.136 times
04 Mon Nov 2024	11.25	11.97	11.97	11.19	1.198 times
01 Fri Nov 2024	11.74	11.90	11.90	11.53	0.374 times
31 Thu Oct 2024	11.49	11.20	11.55	11.16	0.946 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 10.1, for a target of 10.7 or 11.25

Share price targets for Steel Exchange (STEELXIND)

Target Type	Value
Downside Target	10.02
Upside Target	10.57
Upside Target	11.00
Upside Target	11.90
Upside Target	12.52
Upside Target	12.65
Upside Target	12.75
Upside Target	12.85
Upside Target	13.02
Upside Target	14.17
Upside Target	14.84
Upside Target	15.80

Intraday share price targets for Steel Exchange (STEELXIND)

Target Type	Value
Downside Intraday Target	9.81
Downside Intraday Target	9.49
Upside Intraday Target	10.74
Upside Intraday Target	11.35
Upside Intraday Target	10.42

Weekly technical analysis of Steel Exchange (STEELXIND)

Date	Weekly Closing Price	Open	High	Low	Volume
13 Wed Nov 2024	10.13	11.00	11.03	10.10	0.477 times
08 Fri Nov 2024	11.02	11.97	11.97	11.00	1.214 times
01 Fri Nov 2024	11.74	10.84	11.90	10.57	0.566 times
25 Fri Oct 2024	10.67	12.15	12.19	10.02	0.759 times
18 Fri Oct 2024	12.16	12.06	12.85	11.94	1.201 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
13 Wed Nov 2024	10.13	11.90	11.97	10.10	0.228 times
31 Thu Oct 2024	11.49	12.85	13.02	10.02	0.637 times
30 Mon Sep 2024	12.83	13.90	14.17	12.75	0.781 times
30 Fri Aug 2024	13.96	14.75	14.84	12.65	0.699 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)

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 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 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 SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Steel Exchange in short term and the sell signal is strong.

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 below 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 SELL signal in short term and selling is picking up 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 11.02 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 negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.