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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 2025-03-04 View latest technical analysis

10 day averaged volume of Steel Exchange is 1582641

Date	Daily Closing Price	Open	High	Low	Volume
04 Tue Mar 2025	8.41	8.24	8.70	8.06	1.167 times
03 Mon Mar 2025	8.27	8.05	8.75	8.00	1.66 times
28 Fri Feb 2025	7.85	8.03	8.03	7.70	0.98 times
27 Thu Feb 2025	8.01	8.19	8.19	7.96	0.702 times
25 Tue Feb 2025	8.08	8.44	8.55	8.00	1.29 times
24 Mon Feb 2025	8.43	8.59	8.59	8.36	0.467 times
21 Fri Feb 2025	8.56	8.63	8.82	8.45	1.114 times
20 Thu Feb 2025	8.58	8.64	8.73	8.40	0.767 times
19 Wed Feb 2025	8.59	8.45	8.92	8.34	0.794 times
18 Tue Feb 2025	8.48	8.61	8.68	8.40	0.666 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 8.2 as stoploss in an intra day buy trade for a target of 8.85. However, stock will show a bearish move below 8.2.

Share price targets for Steel Exchange (STEELXIND)

Target Type	Value
Downside Target	7.70
Downside Target	8.00
Downside Target	8.34
Upside Target	8.59
Upside Target	8.93
Upside Target	9.72
Upside Target	10.00
Upside Target	10.14
Upside Target	10.18
Upside Target	11.42
Upside Target	11.44
Upside Target	11.97

Intraday share price targets for Steel Exchange (STEELXIND)

Target Type	Value
Downside Intraday Target	8.02
Downside Intraday Target	7.64
Upside Intraday Target	8.77
Upside Intraday Target	9.14
Downside Intraday Target	8.39

Weekly technical analysis of Steel Exchange (STEELXIND)

Date	Weekly Closing Price	Open	High	Low	Volume
04 Tue Mar 2025	8.41	8.05	8.75	8.00	0.822 times
28 Fri Feb 2025	7.85	8.59	8.59	7.70	0.702 times
21 Fri Feb 2025	8.56	8.90	8.93	8.34	1.19 times
14 Fri Feb 2025	8.80	9.84	9.89	8.73	1.37 times
07 Fri Feb 2025	9.84	9.99	10.18	9.72	0.378 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
04 Tue Mar 2025	8.41	8.05	8.75	8.00	0.183 times
28 Fri Feb 2025	7.85	9.99	10.18	7.70	0.659 times
31 Fri Jan 2025	10.04	10.20	11.42	9.02	1.635 times
31 Tue Dec 2024	10.20	10.94	11.44	10.14	1.036 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 Weak and stock is gaining momentum.

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

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Steel Exchange Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are weakening, and bulls are picking up momentum!

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 8.31 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.