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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 2025-01-08 View latest technical analysis

10 day averaged volume of Steel Exchange is 1173249

Date	Daily Closing Price	Open	High	Low	Volume
08 Wed Jan 2025	10.44	10.34	10.69	10.17	0.764 times
07 Tue Jan 2025	10.33	10.30	10.42	10.21	0.666 times
06 Mon Jan 2025	10.28	10.85	11.00	10.17	1.477 times
03 Fri Jan 2025	10.81	10.44	10.94	10.44	1.833 times
02 Thu Jan 2025	10.43	10.20	10.59	10.17	1.407 times
01 Wed Jan 2025	10.18	10.20	10.24	10.11	0.621 times
31 Tue Dec 2024	10.20	10.20	10.32	10.14	0.939 times
30 Mon Dec 2024	10.26	10.33	10.37	10.21	0.851 times
27 Fri Dec 2024	10.34	10.45	10.59	10.30	1.031 times
26 Thu Dec 2024	10.45	10.65	10.74	10.41	0.648 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 10.3 as stoploss in an intra day buy trade for a target of 10.63. However, stock will show a bearish move below 10.3.

Share price targets for Steel Exchange (STEELXIND)

Target Type	Value
Downside Target	10.00
Upside Target	10.53
Upside Target	10.84
Upside Target	11.00
Upside Target	11.25
Upside Target	11.40
Upside Target	11.44
Upside Target	11.97
Upside Target	12.75
Upside Target	13.02
Upside Target	14.17

Intraday share price targets for Steel Exchange (STEELXIND)

Target Type	Value
Downside Intraday Target	10.07
Downside Intraday Target	9.71
Upside Intraday Target	10.9
Upside Intraday Target	11.37
Upside Intraday Target	10.54

Weekly technical analysis of Steel Exchange (STEELXIND)

Date	Weekly Closing Price	Open	High	Low	Volume
08 Wed Jan 2025	10.44	10.85	11.00	10.17	0.515 times
03 Fri Jan 2025	10.81	10.33	10.94	10.11	1.86 times
27 Fri Dec 2024	10.34	10.72	10.84	10.30	0.865 times
20 Fri Dec 2024	10.58	11.24	11.25	10.53	0.827 times
13 Fri Dec 2024	11.06	11.09	11.40	10.92	0.624 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
08 Wed Jan 2025	10.44	10.20	11.00	10.11	0.349 times
31 Tue Dec 2024	10.20	10.94	11.44	10.14	1.036 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

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 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 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 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 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 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 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

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 10.41 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 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.