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(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 2025-02-12 View latest technical analysis

10 day averaged volume of Zenith Steel is 222496

Date	Daily Closing Price	Open	High	Low	Volume
12 Wed Feb 2025	6.95	6.73	7.22	6.50	0.727 times
11 Tue Feb 2025	6.73	7.17	7.57	6.60	0.575 times
10 Mon Feb 2025	7.01	7.71	7.71	6.97	0.943 times
07 Fri Feb 2025	7.56	7.42	7.98	7.26	1.183 times
06 Thu Feb 2025	7.41	7.49	7.80	7.30	1.406 times
05 Wed Feb 2025	7.17	6.90	7.17	6.76	0.88 times
04 Tue Feb 2025	6.83	6.95	6.95	6.71	0.446 times
03 Mon Feb 2025	6.70	6.81	6.90	6.61	0.468 times
31 Fri Jan 2025	6.84	7.20	7.20	6.80	1.773 times
30 Thu Jan 2025	7.02	7.06	7.09	6.80	0.911 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 6.8 as stoploss in an intra day buy trade for a target of 7.14. However, stock will show a bearish move below 6.8.

Share price targets for Zenith Steel (ZENITHSTL)

Target Type	Value
Downside Target	6.45
Upside Target	7.08
Upside Target	7.35
Upside Target	7.71
Upside Target	7.98
Upside Target	8.05
Upside Target	8.19
Upside Target	9.28
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	6.4
Downside Intraday Target	5.84
Upside Intraday Target	7.61
Upside Intraday Target	8.26
Upside Intraday Target	7.05

Weekly technical analysis of Zenith Steel (ZENITHSTL)

Date	Weekly Closing Price	Open	High	Low	Volume
12 Wed Feb 2025	6.95	7.71	7.71	6.50	0.512 times
07 Fri Feb 2025	7.56	6.81	7.98	6.61	0.767 times
31 Fri Jan 2025	6.84	7.21	7.35	6.45	0.872 times
24 Fri Jan 2025	7.21	7.70	7.85	7.08	0.911 times
17 Fri Jan 2025	7.55	7.44	8.05	6.74	1.307 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
12 Wed Feb 2025	6.95	6.81	7.98	6.50	0.254 times
31 Fri Jan 2025	6.84	7.95	9.28	6.45	79.939 times
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

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 Zenith Steel (ZENITHSTL)

Price action analysis of Zenith Steel ( (ZENITHSTL) ) 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 Zenith Steel ( (ZENITHSTL) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Zenith Steel ( (ZENITHSTL) ) 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 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 Weak and stock is gaining momentum.

MACD generated a BUY signal for Zenith Steel 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.

Zenith Steel 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 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 negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Zenith Steel is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 7.08 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 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.