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

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

Showing technical analysis as on 2025-05-22 View latest technical analysis

10 day averaged volume of Newmalayalam Steel is 12320

Date Daily Closing Price Open High Low Volume
22 Thu May 2025 31.00 30.95 31.00 29.20 0.779 times
21 Wed May 2025 30.35 29.50 30.35 29.50 0.26 times
20 Tue May 2025 29.50 30.05 30.05 29.50 1.429 times
19 Mon May 2025 31.05 31.50 31.50 31.05 1.039 times
16 Fri May 2025 31.35 31.60 31.85 30.00 2.727 times
15 Thu May 2025 31.50 30.55 31.50 30.55 0.26 times
14 Wed May 2025 31.50 31.50 31.50 31.50 0.13 times
13 Tue May 2025 31.65 31.00 31.65 31.00 0.26 times
12 Mon May 2025 30.20 31.00 31.15 29.95 2.208 times
08 Thu May 2025 29.70 29.70 29.70 29.70 0.779 times

Share price targets for Newmalayalam Steel (NMSTEEL_ST)

Target Type Value
Downside Target 23.35
Downside Target 24.40
Downside Target 27.50
Downside Target 28.05
Downside Target 29.20
Downside Target 30.65
Upside Target 31.50
Upside Target 31.85
Upside Target 34.05
Upside Target 35.25
Upside Target 46.55
Upside Target 49.20
Upside Target 73.35

Intraday share price targets for Newmalayalam Steel (NMSTEEL_ST)

Target Type Value
Downside Intraday Target 29.63
Downside Intraday Target 28.27
Upside Intraday Target 31.93
Upside Intraday Target 32.87
Downside Intraday Target 30.57

Weekly technical analysis of Newmalayalam Steel (NMSTEEL_ST)

Date Weekly Closing Price Open High Low Volume
22 Thu May 2025 31.00 31.50 31.50 29.20 0.628 times
16 Fri May 2025 31.35 31.00 31.85 29.95 1.792 times
08 Thu May 2025 29.70 28.05 29.70 28.05 1.412 times
02 Fri May 2025 27.50 29.55 29.55 27.50 0.218 times
25 Fri Apr 2025 29.55 28.70 30.65 28.50 3 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 Newmalayalam Steel (NMSTEEL_ST)

Date Monthly Closing Price Open High Low Volume
22 Thu May 2025 31.00 28.40 31.85 27.50 0.263 times
30 Wed Apr 2025 27.85 24.45 30.65 24.40 0.508 times
28 Fri Mar 2025 23.35 33.85 35.25 23.35 3 times
28 Fri Feb 2025 35.50 49.20 49.20 34.05 0.199 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 Newmalayalam Steel (NMSTEEL_ST)

Price action analysis of Newmalayalam Steel ( (NMSTEEL_ST) ) based on a short term time period is neutral. A longer time frame might give a better analysis.

Price action analysis of Newmalayalam Steel ( (NMSTEEL_ST) ) 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 Newmalayalam Steel ( (NMSTEEL_ST) ) 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 Newmalayalam Steel ( (NMSTEEL_ST) ) 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 Newmalayalam Steel stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a BUY signal for Newmalayalam 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.

Newmalayalam 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 above the green cloud Prices appear to be moving up

CCI has generated a buy signal for Newmalayalam Steel 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

Although the stock is in the BUY zone, but buying might be slowing down

Stock of Newmalayalam 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 30.62 and Newmalayalam Steel (NMSTEEL_ST) 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 Newmalayalam Steel (NMSTEEL_ST) stock. Volume based technical analysis of Newmalayalam Steel (NMSTEEL_ST) stock is negative.

Newmalayalam 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 Newmalayalam Steel ( (NMSTEEL_ST) ) based on a short term time period is neutral. A longer time frame might give a better analysis.

Price action analysis of Newmalayalam Steel ( (NMSTEEL_ST) ) 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 Newmalayalam Steel ( (NMSTEEL_ST) ) 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 Newmalayalam Steel ( (NMSTEEL_ST) ) 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 Newmalayalam Steel stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a BUY signal for Newmalayalam 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.

Newmalayalam 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 above the green cloud Prices appear to be moving up

CCI has generated a buy signal for Newmalayalam Steel 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

Although the stock is in the BUY zone, but buying might be slowing down

Stock of Newmalayalam 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 30.62 and Newmalayalam Steel (NMSTEEL_ST) 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 Newmalayalam Steel (NMSTEEL_ST) stock. Volume based technical analysis of Newmalayalam Steel (NMSTEEL_ST) stock is negative.

Newmalayalam 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.

Click here for Newmalayalam Steel charts

Click here for further forecast and predictions for tomorrow

Daily charts

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