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(SURANI_SM) Surani Steel Weekly charts technical analysis

(SURANI_SM) Surani Steel Weekly charts technical analysis Weekly analysis of Surani Steel | Buy/Sell Surani Steel

10 day averaged volume of Surani Steel is 11500

Date	Closing Price	Open	High	Low	Volume
03 Fri May 2024	398.25	428.60	429.90	391.75	0.054 Mn
26 Fri Apr 2024	428.60	412.35	439.50	400.00	0.052 Mn
19 Fri Apr 2024	432.95	455.00	475.00	423.30	0.039 Mn
12 Fri Apr 2024	477.40	525.00	543.40	477.00	0.02 Mn
05 Fri Apr 2024	525.00	441.95	543.95	437.00	0.06 Mn
28 Thu Mar 2024	428.55	445.00	452.00	396.00	0.064 Mn
22 Fri Mar 2024	452.20	477.90	477.90	431.30	0.16 Mn
15 Fri Mar 2024	503.05	650.00	650.00	503.05	0.018 Mn
07 Thu Mar 2024	650.00	717.00	717.00	614.00	0.023 Mn
02 Sat Mar 2024	684.00	641.50	687.00	597.45	0.043 Mn

Indicators analysis of Surani Steel (SURANI_SM)

Price action analysis of Surani Steel ( (SURANI_SM) ) 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 Surani Steel ( (SURANI_SM) ) 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 Surani Steel ( (SURANI_SM) ) based on a short to mid 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 Surani Steel ( (SURANI_SM) ) 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 Surani Steel stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Surani Steel in short term but the sell signal is initial and weak.

Surani 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 green color and prices are in or below the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Surani Steel in short term and SELL signal is strong!

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Surani 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 478.29 and Surani Steel (SURANI_SM) 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 Surani Steel (SURANI_SM) stock. Volume based technical analysis of Surani Steel (SURANI_SM) stock is negative.

Surani Steel Stock has given negative 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.

Weekly charts