Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

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

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

Showing technical analysis as on 2024-07-08 View latest technical analysis

10 day averaged volume of Prakash Steelage is 701601

Date	Daily Closing Price	Open	High	Low	Volume
08 Mon Jul 2024	9.15	9.65	9.69	9.01	0.972 times
05 Fri Jul 2024	9.44	9.52	9.69	9.11	1.857 times
04 Thu Jul 2024	9.47	9.02	9.47	8.91	1.143 times
03 Wed Jul 2024	9.02	9.20	9.24	8.83	1.309 times
02 Tue Jul 2024	9.25	9.73	9.94	9.23	2.523 times
01 Mon Jul 2024	9.72	9.72	9.72	9.72	1.244 times
28 Fri Jun 2024	9.26	9.08	9.26	9.00	0.528 times
27 Thu Jun 2024	9.08	9.12	9.12	9.08	0.349 times
26 Wed Jun 2024	8.95	9.10	9.10	8.95	0.308 times
25 Tue Jun 2024	9.14	9.14	9.14	9.14	0.418 times

My analysis of stock is bullish for shortterm, and stock might move up till 9.3 or till 9.7. Use a stoploss of 9.05 and if this stock hits its stoploss, then it can fall down till 8.77

Share price targets for Prakash Steelage (PRAKASHSTL_BE)

Target Type	Value
Downside Target	7.25
Downside Target	7.50
Downside Target	8.05
Downside Target	8.46
Downside Target	8.70
Downside Target	9.01
Upside Target	9.26
Upside Target	9.65
Upside Target	9.69
Upside Target	9.94
Upside Target	10.10

Intraday share price targets for Prakash Steelage (PRAKASHSTL_BE)

Target Type	Value
Downside Intraday Target	8.88
Downside Intraday Target	8.6
Upside Intraday Target	9.56
Upside Intraday Target	9.96
Upside Intraday Target	9.28

Weekly technical analysis of Prakash Steelage (PRAKASHSTL_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
08 Mon Jul 2024	9.15	9.65	9.69	9.01	0.12 times
05 Fri Jul 2024	9.44	9.72	9.94	8.83	4.2 times
28 Fri Jun 2024	9.26	8.80	9.26	8.80	1.564 times
21 Fri Jun 2024	8.80	9.12	9.17	8.80	0.599 times
14 Fri Jun 2024	9.11	8.46	9.11	8.46	1.268 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 Prakash Steelage (PRAKASHSTL_BE)

Date	Monthly Closing Price	Open	High	Low	Volume
08 Mon Jul 2024	9.15	9.72	9.94	8.83	1.325 times
28 Fri Jun 2024	9.26	8.75	9.26	8.05	0.876 times
31 Fri May 2024	8.75	7.90	10.10	7.30	1.095 times
30 Tue Apr 2024	7.90	7.50	9.65	7.50	0.353 times

Scroll below to view daily charts

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_BE)

Price action analysis of Prakash Steelage ( (PRAKASHSTL_BE) ) 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 Prakash Steelage ( (PRAKASHSTL_BE) ) 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 Prakash Steelage ( (PRAKASHSTL_BE) ) 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_BE) ) based on a mid to longer term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

ADX buy sell signal for Prakash Steelage stock for short term is BUY. Signal strength is Weak and stock is losing momentum.

MACD generated a BUY signal for Prakash Steelage in short term and the buy signal is strong.

Prakash Steelage 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. Bears are weakening, and bulls are picking up momentum!

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 Prakash Steelage 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 negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Prakash Steelage is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 9.31 and Prakash Steelage (PRAKASHSTL_BE) 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_BE) stock. Volume based technical analysis of Prakash Steelage (PRAKASHSTL_BE) stock is negative.

Prakash Steelage 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.