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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 2024-12-03 View latest technical analysis

10 day averaged volume of Steel Exchange is 909377

Date	Daily Closing Price	Open	High	Low	Volume
03 Tue Dec 2024	10.93	10.95	11.09	10.82	1.478 times
02 Mon Dec 2024	10.81	10.94	10.94	10.63	1.308 times
29 Fri Nov 2024	10.79	10.89	10.99	10.61	0.838 times
28 Thu Nov 2024	10.86	10.90	11.10	10.77	1.305 times
27 Wed Nov 2024	10.77	10.63	10.84	10.59	0.755 times
26 Tue Nov 2024	10.62	10.54	10.65	10.42	0.909 times
25 Mon Nov 2024	10.45	10.51	10.64	10.30	0.886 times
22 Fri Nov 2024	10.19	10.20	10.24	10.13	0.541 times
21 Thu Nov 2024	10.17	10.40	10.40	10.13	0.896 times
19 Tue Nov 2024	10.26	10.21	10.45	10.17	0.996 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 11.1 as stoploss in an intra day sell trade for a target of 10.68. However, stock will show a bullish move above 11.1.

Share price targets for Steel Exchange (STEELXIND)

Target Type	Value
Downside Target	10.00
Upside Target	11.00
Upside Target	11.09
Upside Target	11.10
Upside Target	11.97
Upside Target	12.65
Upside Target	12.75
Upside Target	13.02
Upside Target	14.17
Upside Target	14.84

Intraday share price targets for Steel Exchange (STEELXIND)

Target Type	Value
Downside Intraday Target	10.68
Downside Intraday Target	10.42
Upside Intraday Target	11.14
Upside Intraday Target	11.34
Downside Intraday Target	10.88

Weekly technical analysis of Steel Exchange (STEELXIND)

Date	Weekly Closing Price	Open	High	Low	Volume
03 Tue Dec 2024	10.93	10.94	11.09	10.63	0.594 times
29 Fri Nov 2024	10.79	10.51	11.10	10.30	1.174 times
22 Fri Nov 2024	10.19	10.26	10.45	10.10	0.68 times
14 Thu Nov 2024	10.12	11.00	11.03	10.00	0.654 times
08 Fri Nov 2024	11.02	11.97	11.97	11.00	1.214 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
03 Tue Dec 2024	10.93	10.94	11.09	10.63	0.116 times
29 Fri Nov 2024	10.79	11.90	11.97	10.00	0.397 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

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)

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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 Weak 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 SELL signal in short term and selling is picking up 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 10.63 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 negative.

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