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(PRAKASHSTL) Prakash Steelage complete technical analysis [charts+indicators] | Buy/Sell Prakash Steelage | (PRAKASHSTL) share price targets

Complete technical analysis of Prakash Steelage (PRAKASHSTL) by charts plus indicators, forecast predictions and share price targets for Prakash Steelage (PRAKASHSTL)

10 day averaged volume of Prakash Steelage is 381561

Date Daily Closing Price Open High Low Volume
25 Mon Nov 2024 8.06 8.25 8.34 8.02 0.923 times
22 Fri Nov 2024 8.00 8.13 8.36 7.95 0.739 times
21 Thu Nov 2024 7.97 8.30 8.47 7.96 0.697 times
19 Tue Nov 2024 8.13 8.20 8.28 8.06 0.741 times
18 Mon Nov 2024 7.94 8.14 8.37 7.79 1.646 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 8.1, but if it comes above 8.1, then a intra day buy could be more profitable.
If you take a sell trade below 8.1, then use 8.1 as stoploss and 7.7 as target. However if you take a buy trade in stock , then use 8.1 as stoploss and 8.45 as target.

Share price targets for Prakash Steelage (PRAKASHSTL)

Target Type Value
Downside Target 6.85
Downside Target 7.66
Downside Target 8.01
Upside Target 8.30
Upside Target 8.71
Upside Target 8.96
Upside Target 9.25
Upside Target 9.36
Upside Target 9.62
Upside Target 9.65
Upside Target 10.35
Upside Target 12.80

Intraday share price targets for Prakash Steelage (PRAKASHSTL)

Target Type Value
Downside Intraday Target 7.94
Downside Intraday Target 7.82
Upside Intraday Target 8.26
Upside Intraday Target 8.46
Upside Intraday Target 8.14

Weekly technical analysis of Prakash Steelage (PRAKASHSTL)

Date Weekly Closing Price Open High Low Volume
25 Mon Nov 2024 8.06 8.25 8.34 8.02 0.241 times
22 Fri Nov 2024 8.00 8.14 8.47 7.79 0.856 times
14 Thu Nov 2024 8.12 8.90 8.96 8.01 0.697 times
08 Fri Nov 2024 8.78 9.18 9.25 8.38 1.964 times
01 Fri Nov 2024 9.04 8.47 9.25 8.30 1.371 times

Price has moved up 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 Prakash Steelage (PRAKASHSTL)

Date Monthly Closing Price Open High Low Volume
25 Mon Nov 2024 8.06 9.08 9.25 7.79 0.493 times
31 Thu Oct 2024 8.82 9.60 9.62 7.66 3.106 times
30 Mon Sep 2024 9.17 9.36 9.36 8.71 0.233 times
08 Mon Jan 2024 12.80 10.00 12.80 9.65 0.386 times

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 Prakash Steelage (PRAKASHSTL)

Indicator Name Indicator Value Indicator Signal
ADX 10, 23, 38 Sell
MACD -0, -0Sell
Stochastics 17Sell
CCI -51Buy
RSI 43Sell
OBV 44341Sell
VWAP 8Sell
ADL 0Sell
ROC -8Sell
Force Index 0Sell

Price action analysis of Prakash Steelage ( (PRAKASHSTL) ) 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 Prakash Steelage ( (PRAKASHSTL) ) based on a short term time period is

Price action analysis of Prakash Steelage ( (PRAKASHSTL) ) 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 Prakash Steelage ( (PRAKASHSTL) ) 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 Prakash Steelage stock for short term is SELL. Signal strength is Strong and stock is losing momentum.

MACD generated a SELL signal for Prakash Steelage in short term and the sell signal is strong.

Prakash Steelage 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 in or above the red cloud Prices appear to be moving up

CCI has generated a buy signal for Prakash Steelage in short term but BUY signal is weak.

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 Prakash Steelage is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 8.23 and Prakash Steelage (PRAKASHSTL) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the Prakash Steelage (PRAKASHSTL) stock. Volume based technical analysis of Prakash Steelage (PRAKASHSTL) stock is negative.

Prakash Steelage 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.

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