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(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 2024-07-24 View latest technical analysis

10 day averaged volume of Prakash Steelage is 512593

Date	Daily Closing Price	Open	High	Low	Volume
24 Wed Jul 2024	9.06	9.18	9.19	9.02	0.79 times
23 Tue Jul 2024	9.19	9.70	9.72	8.91	1.294 times
22 Mon Jul 2024	9.26	8.95	9.26	8.51	1.165 times
19 Fri Jul 2024	8.82	9.09	9.09	8.71	1.026 times
18 Thu Jul 2024	8.89	8.86	8.99	8.41	1.068 times
16 Tue Jul 2024	8.78	8.80	8.95	8.51	0.622 times
15 Mon Jul 2024	8.84	8.94	9.15	8.51	0.917 times
12 Fri Jul 2024	8.89	8.94	9.15	8.80	0.698 times
11 Thu Jul 2024	8.94	9.15	9.30	8.70	1.031 times
10 Wed Jul 2024	8.98	9.10	9.15	8.82	0.959 times

My analysis of stock is bearish for shortterm, and stock might move down till 8.9 or till 8.6. Use a stoploss of 9.1 and if the stock hits stoploss, then it can shoot up till 9.34

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	8.41
Downside Target	8.70
Upside Target	9.15
Upside Target	9.26
Upside Target	9.65
Upside Target	9.69
Upside Target	9.72
Upside Target	9.94
Upside Target	10.10

Intraday share price targets for Prakash Steelage (PRAKASHSTL_BE)

Target Type	Value
Downside Intraday Target	8.47
Downside Intraday Target	7.89
Upside Intraday Target	9.68
Upside Intraday Target	10.31
Upside Intraday Target	9.1

Weekly technical analysis of Prakash Steelage (PRAKASHSTL_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
24 Wed Jul 2024	9.06	8.95	9.72	8.51	0.895 times
19 Fri Jul 2024	8.82	8.94	9.15	8.41	0.694 times
12 Fri Jul 2024	8.89	9.65	9.69	8.70	0.474 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

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_BE)

Date	Monthly Closing Price	Open	High	Low	Volume
24 Wed Jul 2024	9.06	9.72	9.94	8.41	2.48 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, and volume has increased substantially. This means that the move can 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 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_BE) ) based on a short 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.

Price action analysis of Prakash Steelage ( (PRAKASHSTL_BE) ) 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 Prakash Steelage ( (PRAKASHSTL_BE) ) 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 Prakash Steelage stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.

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

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. Bulls 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 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

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 8.98 and Prakash Steelage (PRAKASHSTL_BE) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.