(ZENITHSTL_BE) Zenith Steel complete technical analysis [charts+indicators] | Buy/Sell Zenith Steel | (ZENITHSTL_BE) share price targets
Complete technical analysis of Zenith Steel (ZENITHSTL_BE) by charts plus indicators, forecast predictions and share price targets for Zenith Steel (ZENITHSTL_BE)
Showing technical analysis as on 2024-07-10 View latest technical analysis
10 day averaged volume of Zenith Steel is 559530
Date | Daily Closing Price | Open | High | Low | Volume |
10 Wed Jul 2024 | 11.97 | 11.97 | 11.97 | 11.97 | 0.247 times |
09 Tue Jul 2024 | 12.61 | 12.61 | 12.61 | 12.61 | 0.275 times |
08 Mon Jul 2024 | 13.28 | 13.28 | 13.28 | 13.28 | 0.332 times |
05 Fri Jul 2024 | 13.98 | 15.45 | 15.45 | 13.98 | 3.969 times |
04 Thu Jul 2024 | 14.72 | 14.72 | 14.72 | 14.72 | 0.965 times |
16 Fri Feb 2024 | 8.35 | 8.35 | 8.45 | 7.85 | 1.368 times |
15 Thu Feb 2024 | 8.10 | 8.10 | 8.10 | 7.80 | 0.708 times |
14 Wed Feb 2024 | 7.75 | 7.40 | 7.75 | 7.05 | 0.747 times |
13 Tue Feb 2024 | 7.40 | 7.80 | 7.95 | 7.40 | 0.28 times |
12 Mon Feb 2024 | 7.75 | 8.40 | 8.40 | 7.65 | 0.596 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 11.6, but if it comes below 11.6, then a intra day sell could be more profitable.
If you take a sell trade below 11.6, then use 11.6 as stoploss and 9.01 as target. However if you take a buy trade in stock , then use 11.6 as stoploss and 14.7 as target.
Share price targets for Zenith Steel (ZENITHSTL_BE)
Target Type | Value |
Downside Target | 5.40 |
Downside Target | 5.55 |
Downside Target | 6.45 |
Downside Target | 6.75 |
Downside Target | 7.00 |
Downside Target | 7.50 |
Downside Target | 7.70 |
Downside Target | 8.45 |
Downside Target | 11.97 |
Upside Target | 13.28 |
Upside Target | 13.98 |
Upside Target | 15.45 |
Intraday share price targets for Zenith Steel (ZENITHSTL_BE)
Target Type | Value |
Downside Intraday Target | 11.53 |
Downside Intraday Target | 11.1 |
Upside Intraday Target | 12.84 |
Upside Intraday Target | 13.72 |
Upside Intraday Target | 12.41 |
Weekly technical analysis of Zenith Steel (ZENITHSTL_BE)
Date | Weekly Closing Price | Open | High | Low | Volume |
10 Wed Jul 2024 | 11.97 | 13.28 | 13.28 | 11.97 | 0.173 times |
05 Fri Jul 2024 | 13.98 | 14.72 | 15.45 | 13.98 | 1.334 times |
16 Fri Feb 2024 | 8.35 | 8.40 | 8.45 | 7.05 | 0.784 times |
09 Fri Feb 2024 | 8.00 | 7.50 | 8.60 | 7.50 | 3.164 times |
02 Fri Feb 2024 | 7.15 | 6.75 | 7.15 | 6.75 | 2.209 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_BE)
Date | Monthly Closing Price | Open | High | Low | Volume |
10 Wed Jul 2024 | 11.97 | 14.72 | 15.45 | 11.97 | 0.662 times |
16 Fri Feb 2024 | 8.35 | 7.00 | 8.60 | 7.00 | 1.934 times |
31 Wed Jan 2024 | 6.95 | 7.70 | 7.70 | 6.45 | 0.573 times |
29 Fri Dec 2023 | 7.85 | 6.15 | 7.85 | 5.55 | 1.223 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_BE)
Price action analysis of Zenith Steel ( (ZENITHSTL_BE) ) 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 Zenith Steel ( (ZENITHSTL_BE) ) 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_BE) ) 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_BE) ) 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 BUY. 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.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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 but SELL signal is weak.
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in negative zone. This is the SELL 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 11.61 and Zenith Steel (ZENITHSTL_BE) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
People seem to be coming out and selling the Zenith Steel (ZENITHSTL_BE) stock. Volume based technical analysis of Zenith Steel (ZENITHSTL_BE) stock is negative.
Zenith Steel Stock is giving positive 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.
Price action analysis of Zenith Steel ( (ZENITHSTL_BE) ) 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 Zenith Steel ( (ZENITHSTL_BE) ) 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_BE) ) 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_BE) ) 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 BUY. 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.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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 but SELL signal is weak.
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in negative zone. This is the SELL 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 11.61 and Zenith Steel (ZENITHSTL_BE) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
People seem to be coming out and selling the Zenith Steel (ZENITHSTL_BE) stock. Volume based technical analysis of Zenith Steel (ZENITHSTL_BE) stock is negative.
Zenith Steel Stock is giving positive 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.
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Daily charts
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