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

(ZENITHSTL) Zenith Steel complete technical analysis [charts+indicators] | Buy/Sell Zenith Steel | (ZENITHSTL) share price targets

Complete technical analysis of Zenith Steel (ZENITHSTL) by charts plus indicators, forecast predictions and share price targets for Zenith Steel (ZENITHSTL)

Showing technical analysis as on 2024-12-31 View latest technical analysis

10 day averaged volume of Zenith Steel is 1382210

Date	Daily Closing Price	Open	High	Low	Volume
31 Tue Dec 2024	8.04	8.19	8.19	7.76	0.053 times
03 Wed Jul 2024	14.02	13.96	14.02	13.96	0.41 times
02 Tue Jul 2024	13.36	13.36	13.36	13.01	0.906 times
01 Mon Jul 2024	12.73	12.60	12.73	12.33	0.893 times
28 Fri Jun 2024	12.13	11.89	12.13	11.50	0.796 times
27 Thu Jun 2024	11.56	11.39	11.56	10.99	2.005 times
26 Wed Jun 2024	10.51	9.90	10.51	9.50	1.993 times
25 Tue Jun 2024	9.56	9.10	9.63	8.81	1.803 times
24 Mon Jun 2024	8.76	8.83	8.83	8.51	0.462 times
21 Fri Jun 2024	8.54	8.67	8.85	8.41	0.286 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 7.4 as stoploss in an intra day buy trade for a target of 9.46. However, stock will show a bearish move below 7.4.

Share price targets for Zenith Steel (ZENITHSTL)

Target Type	Value
Downside Target	7.10
Downside Target	7.25
Downside Target	7.50
Downside Target	7.65
Upside Target	8.18
Upside Target	8.51
Upside Target	8.75
Upside Target	9.20
Upside Target	9.50
Upside Target	12.13
Upside Target	12.33
Upside Target	14.02

Intraday share price targets for Zenith Steel (ZENITHSTL)

Target Type	Value
Downside Intraday Target	7.8
Downside Intraday Target	7.57
Upside Intraday Target	8.23
Upside Intraday Target	8.43
Downside Intraday Target	8

Weekly technical analysis of Zenith Steel (ZENITHSTL)

Date	Weekly Closing Price	Open	High	Low	Volume
31 Tue Dec 2024	8.04	8.19	8.19	7.76	0.024 times
03 Wed Jul 2024	14.02	12.60	14.02	12.33	0.313 times
28 Fri Jun 2024	12.13	8.83	12.13	8.51	2.851 times
21 Fri Jun 2024	8.54	8.37	9.20	8.25	2.356 times
14 Fri Jun 2024	8.09	7.75	8.18	7.65	1.041 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 Zenith Steel (ZENITHSTL)

Date	Monthly Closing Price	Open	High	Low	Volume
31 Tue Dec 2024	8.04	8.19	8.19	7.76	0.024 times
03 Wed Jul 2024	14.02	12.60	14.02	12.33	0.191 times
28 Fri Jun 2024	12.13	8.20	12.13	7.10	2.294 times
31 Fri May 2024	7.85	8.40	8.75	7.25	0.614 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 Zenith Steel (ZENITHSTL)

Price action analysis of Zenith Steel ( (ZENITHSTL) ) 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 Zenith Steel ( (ZENITHSTL) ) 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 Zenith Steel ( (ZENITHSTL) ) based on a mid to longer 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.

ADX buy sell signal for Zenith Steel stock for short term is SELL. Signal strength is Strong and stock is losing momentum.

MACD generated a BUY signal for Zenith Steel in short term and the buy signal is strong.

Zenith Steel 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. Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Zenith Steel 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 Zenith Steel is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 11.15 and Zenith Steel (ZENITHSTL) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.

People seem to be coming out and selling the Zenith Steel (ZENITHSTL) stock. Volume based technical analysis of Zenith Steel (ZENITHSTL) stock is negative.

Zenith Steel Stock has given negative returns over a short term period. Returns for a longer term period have been positive

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