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(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 2025-07-21 View latest technical analysis

10 day averaged volume of Zenith Steel is 157897

Date	Daily Closing Price	Open	High	Low	Volume
21 Mon Jul 2025	8.62	8.95	9.00	8.55	0.936 times
18 Fri Jul 2025	9.00	8.93	9.14	8.58	1.762 times
17 Thu Jul 2025	8.74	8.60	8.74	8.36	1.632 times
16 Wed Jul 2025	8.33	7.94	8.33	7.80	3.561 times
15 Tue Jul 2025	7.94	8.08	8.08	7.77	0.268 times
14 Mon Jul 2025	7.91	7.56	8.15	7.56	0.313 times
11 Fri Jul 2025	7.88	8.24	8.24	7.88	0.194 times
10 Thu Jul 2025	8.01	7.74	8.05	7.60	0.875 times
09 Wed Jul 2025	7.74	7.90	8.00	7.59	0.45 times
08 Tue Jul 2025	7.90	7.80	8.03	7.80	0.245 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 8.5, but if it comes below 8.5, then a intra day sell could be more profitable.
If you take a sell trade below 8.5, then use 8.5 as stoploss and 8.17 as target. However if you take a buy trade in stock , then use 8.5 as stoploss and 8.9 as target.

Share price targets for Zenith Steel (ZENITHSTL_BE)

Target Type	Value
Downside Target	7.56
Downside Target	7.76
Downside Target	8.24
Downside Target	8.55
Upside Target	8.90
Upside Target	9.00
Upside Target	9.14
Upside Target	9.26
Upside Target	9.66
Upside Target	10.34

Intraday share price targets for Zenith Steel (ZENITHSTL_BE)

Target Type	Value
Downside Intraday Target	8.45
Downside Intraday Target	8.27
Upside Intraday Target	8.9
Upside Intraday Target	9.17
Upside Intraday Target	8.72

Weekly technical analysis of Zenith Steel (ZENITHSTL_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
21 Mon Jul 2025	8.62	8.95	9.00	8.55	0.124 times
18 Fri Jul 2025	9.00	7.56	9.14	7.56	3.058 times
11 Fri Jul 2025	7.88	7.98	8.24	7.59	0.733 times
04 Fri Jul 2025	7.95	8.38	8.65	7.84	2.409 times
27 Fri Jun 2025	8.38	7.99	8.90	7.95	0.647 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
21 Mon Jul 2025	8.62	8.50	9.14	7.56	6.596 times
30 Mon Jun 2025	8.31	8.60	8.90	8.05	0.21 times
30 Mon Dec 2024	8.03	9.17	9.26	7.76	0.709 times
29 Fri Nov 2024	9.04	9.55	9.66	8.00	1.061 times

Scroll below to view daily charts

Price has moved up this month, and volume has increased substantially. This means that the move can 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 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_BE) ) 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_BE) ) 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 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 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 HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of red color and prices are in or above the red 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 positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 8.44 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 negative.

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