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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 2024-08-06 View latest technical analysis

10 day averaged volume of Prakash Steelage is 685842

Date	Daily Closing Price	Open	High	Low	Volume
06 Tue Aug 2024	10.23	10.23	10.23	10.23	0.048 times
05 Mon Aug 2024	10.44	10.44	10.44	10.44	0.137 times
02 Fri Aug 2024	10.66	10.66	10.66	10.66	0.141 times
01 Thu Aug 2024	10.88	10.88	10.88	10.88	0.576 times
31 Wed Jul 2024	11.11	11.11	11.11	11.00	1.581 times
30 Tue Jul 2024	10.59	10.54	10.59	10.41	1.72 times
29 Mon Jul 2024	10.09	10.09	10.09	9.61	2.074 times
26 Fri Jul 2024	9.61	9.72	9.72	9.36	1.225 times
25 Thu Jul 2024	9.33	9.17	9.45	8.96	0.989 times
24 Wed Jul 2024	9.06	9.18	9.19	9.02	0.59 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 10.4 as stoploss in an intra day sell trade for a target of 9.58. However, stock will show a bullish move above 10.4.

Share price targets for Prakash Steelage (PRAKASHSTL_BE)

Target Type	Value
Downside Target	7.30
Downside Target	7.50
Downside Target	8.05
Downside Target	8.41
Downside Target	8.70
Downside Target	9.15
Downside Target	9.61
Downside Target	10.10
Downside Target	10.23
Upside Target	10.44
Upside Target	10.88
Upside Target	11.11

Intraday share price targets for Prakash Steelage (PRAKASHSTL_BE)

Target Type	Value
Downside Intraday Target	10.16
Downside Intraday Target	10.09
Upside Intraday Target	10.37
Upside Intraday Target	10.51
Upside Intraday Target	10.3

Weekly technical analysis of Prakash Steelage (PRAKASHSTL_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
06 Tue Aug 2024	10.23	10.44	10.44	10.23	0.03 times
02 Fri Aug 2024	10.66	10.09	11.11	9.61	1.312 times
26 Fri Jul 2024	9.61	8.95	9.72	8.51	1.71 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

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
06 Tue Aug 2024	10.23	10.88	10.88	10.23	0.036 times
31 Wed Jul 2024	11.11	9.72	11.11	8.41	3.567 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

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 neutral. A longer time frame might give a better analysis.

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 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 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 losing momentum.

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

Prakash Steelage Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! 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 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 10.21 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 rising upwards.

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.