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

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

10 day averaged volume of Steel City is 336611

Date Daily Closing Price Open High Low Volume
12 Tue Nov 2024 113.85 119.55 119.56 113.15 0.214 times
11 Mon Nov 2024 117.76 119.79 124.00 113.16 0.751 times
08 Fri Nov 2024 118.49 112.49 120.49 109.10 1.072 times
07 Thu Nov 2024 109.94 118.00 118.02 109.10 0.746 times
06 Wed Nov 2024 118.26 119.40 122.97 117.00 0.95 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 112.5, but if it comes below 112.5, then a intra day sell could be more profitable.
If you take a sell trade below 112.5, then use 112.5 as stoploss and 103.24 as target. However if you take a buy trade in stock , then use 112.5 as stoploss and 123.6 as target.

Share price targets for Steel City (STEELCITY)

Target Type Value
Downside Target 85.09
Downside Target 91.16
Downside Target 93.21
Downside Target 97.86
Downside Target 101.70
Downside Target 109.22
Downside Target 109.25
Downside Target 113.15
Upside Target 124.00
Upside Target 126.64

Intraday share price targets for Steel City (STEELCITY)

Target Type Value
Downside Intraday Target 110
Downside Intraday Target 106.15
Upside Intraday Target 120.85
Upside Intraday Target 127.85
Upside Intraday Target 117

Weekly technical analysis of Steel City (STEELCITY)

Date Weekly Closing Price Open High Low Volume
12 Tue Nov 2024 113.85 119.79 124.00 113.15 0.122 times
08 Fri Nov 2024 118.49 107.99 126.64 105.10 6.791 times
01 Fri Nov 2024 104.36 93.80 109.22 93.80 2.823 times
30 Wed Oct 2024 99.72 93.63 102.60 93.21 0.139 times
25 Fri Oct 2024 93.50 96.20 107.00 91.16 6.474 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 Steel City (STEELCITY)

Date Monthly Closing Price Open High Low Volume
12 Tue Nov 2024 113.85 104.35 126.64 103.10 1.681 times
31 Thu Oct 2024 102.79 96.85 109.22 87.00 1.039 times
30 Mon Sep 2024 95.71 99.45 109.25 93.91 1.761 times
30 Fri Aug 2024 98.99 98.00 101.70 85.65 1.101 times

Price has moved up this month, and volume has increased substantially. This means that the move can continue in coming months.

Indicators analysis of Steel City (STEELCITY)

Indicator Name Indicator Value Indicator Signal
ADX 35, 10, 55 Buy
MACD 9, 7Buy
Stochastics 70None
CCI 44Sell
RSI 60Buy
OBV 2905955Sell
VWAP 114Sell
ADL 0Sell
ROC 14Buy
Force Index 0Sell

Price action analysis of Steel City ( (STEELCITY) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Steel City ( (STEELCITY) ) 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 Steel City ( (STEELCITY) ) 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 Steel City ( (STEELCITY) ) 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 Steel City stock for short term is BUY. Signal strength is Strong and stock is losing momentum.

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

Steel City 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 stronger in this stock.

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 Steel City 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 Steel City is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 114.32 and Steel City (STEELCITY) 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 Steel City (STEELCITY) stock. Volume based technical analysis of Steel City (STEELCITY) stock is negative.

Steel City 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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