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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 2024-09-12 View latest technical analysis

10 day averaged volume of Prakash Steelage is 315688

Date	Daily Closing Price	Open	High	Low	Volume
12 Thu Sep 2024	9.13	9.00	9.24	9.00	1.144 times
11 Wed Sep 2024	8.89	9.00	9.20	8.78	1.358 times
10 Tue Sep 2024	9.06	9.36	9.36	9.00	1.463 times
09 Mon Sep 2024	9.11	9.01	9.40	9.01	2.027 times
06 Fri Sep 2024	9.10	9.08	9.10	9.08	0.497 times
05 Thu Sep 2024	9.12	9.11	9.14	9.11	0.453 times
04 Wed Sep 2024	9.14	9.10	9.20	9.10	1.108 times
03 Tue Sep 2024	9.19	9.41	9.43	9.19	0.556 times
02 Mon Sep 2024	9.38	9.20	9.38	9.20	1.035 times
30 Fri Aug 2024	9.20	9.26	9.26	9.20	0.415 times

Share price targets for Prakash Steelage (PRAKASHSTL_BE)

Target Type	Value
Downside Target	7.30
Downside Target	8.05
Downside Target	8.41
Downside Target	8.77
Upside Target	9.40
Upside Target	9.43
Upside Target	9.50
Upside Target	9.80
Upside Target	10.10
Upside Target	10.88
Upside Target	11.11

Intraday share price targets for Prakash Steelage (PRAKASHSTL_BE)

Target Type	Value
Downside Intraday Target	8.81
Downside Intraday Target	8.48
Upside Intraday Target	9.43
Upside Intraday Target	9.72
Downside Intraday Target	9.1

Weekly technical analysis of Prakash Steelage (PRAKASHSTL_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
12 Thu Sep 2024	9.13	9.01	9.40	8.78	1.642 times
06 Fri Sep 2024	9.10	9.20	9.43	9.08	0.788 times
30 Fri Aug 2024	9.20	9.50	9.50	8.91	1.194 times
23 Fri Aug 2024	9.32	9.00	9.32	8.77	1.477 times
16 Fri Aug 2024	9.09	9.61	9.80	9.09	1.414 times

Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Prakash Steelage (PRAKASHSTL_BE)

Date	Monthly Closing Price	Open	High	Low	Volume
12 Thu Sep 2024	9.13	9.20	9.43	8.78	0.663 times
30 Fri Aug 2024	9.20	10.88	10.88	8.77	0.269 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

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 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 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 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 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 SELL. Signal strength is Weak and stock is losing momentum.

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

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

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 red color and prices are in or above the red cloud Prices appear to be moving up

CCI has generated a buy signal for Prakash Steelage in short term but BUY signal is weak.

RSI is generating a BUY signal in short term and the buying is gaining 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 9.11 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 has given negative 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.