Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2025-04-08 View latest technical analysis

10 day averaged volume of Steel Exchange is 2586189

Date	Daily Closing Price	Open	High	Low	Volume
08 Tue Apr 2025	8.11	8.12	8.18	7.87	0.364 times
07 Mon Apr 2025	7.84	7.06	7.95	7.06	0.896 times
04 Fri Apr 2025	8.32	8.47	8.47	8.20	0.453 times
03 Thu Apr 2025	8.41	8.17	8.46	8.10	0.351 times
02 Wed Apr 2025	8.41	8.26	8.69	8.03	0.496 times
01 Tue Apr 2025	8.18	7.85	8.80	7.75	0.688 times
28 Fri Mar 2025	7.71	7.99	8.14	7.60	1.666 times
27 Thu Mar 2025	7.77	8.00	8.19	7.72	1.645 times
26 Wed Mar 2025	8.20	8.61	8.94	8.10	1.353 times
25 Tue Mar 2025	8.64	9.26	9.50	8.60	1.048 times

My analysis of stock is bearish for shortterm, and stock might move down till 7.7 or till 7.2. Use a stoploss of 8.14 and if the stock hits stoploss, then it can shoot up till 8.56

Share price targets for Steel Exchange (STEELXIND)

Target Type	Value
Downside Target	7.06
Downside Target	7.51
Upside Target	8.18
Upside Target	8.80
Upside Target	9.02
Upside Target	9.28
Upside Target	9.70
Upside Target	10.14
Upside Target	10.18
Upside Target	11.42
Upside Target	11.44

Intraday share price targets for Steel Exchange (STEELXIND)

Target Type	Value
Downside Intraday Target	7.39
Downside Intraday Target	6.66
Upside Intraday Target	8.51
Upside Intraday Target	8.9
Downside Intraday Target	7.78

Weekly technical analysis of Steel Exchange (STEELXIND)

Date	Weekly Closing Price	Open	High	Low	Volume
08 Tue Apr 2025	8.11	7.06	8.18	7.06	0.634 times
04 Fri Apr 2025	8.32	7.85	8.80	7.75	0.279 times
28 Fri Mar 2025	7.71	8.92	9.70	7.60	1.127 times
21 Fri Mar 2025	8.86	7.84	9.28	7.51	2.18 times
13 Thu Mar 2025	7.71	8.19	8.24	7.61	0.553 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 Tue Apr 2025	8.11	7.85	8.80	7.06	0.151 times
28 Fri Mar 2025	7.71	8.05	9.70	7.51	2.279 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

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 neutral. A longer time frame might give a better analysis.

Price action analysis of Steel Exchange ( (STEELXIND) ) based on a short to mid 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 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 losing 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 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 but BUY signal is weak.

RSI is generating a BUY signal in short term and the buying is gaining 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 8.07 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.