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 2024-09-20 View latest technical analysis

10 day averaged volume of Prakash Steelage is 448994

Date	Daily Closing Price	Open	High	Low	Volume
20 Fri Sep 2024	8.98	9.14	9.14	8.60	0.778 times
19 Thu Sep 2024	8.97	9.00	9.35	8.75	0.861 times
18 Wed Sep 2024	9.08	9.44	9.60	9.00	1.035 times
17 Tue Sep 2024	9.30	9.60	9.60	9.16	0.773 times
16 Mon Sep 2024	9.61	9.58	9.87	9.30	1.415 times
13 Fri Sep 2024	9.58	9.33	9.58	9.01	1.352 times
12 Thu Sep 2024	9.13	9.00	9.24	9.00	0.805 times
11 Wed Sep 2024	8.89	9.00	9.20	8.78	0.954 times
10 Tue Sep 2024	9.06	9.36	9.36	9.00	1.029 times
09 Mon Sep 2024	9.11	9.01	9.40	9.01	1.425 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 9, but if it comes above 9, then a intra day buy could be more profitable.
If you take a sell trade below 9, then use 9 as stoploss and 8.8 as target. However if you take a buy trade in stock , then use 9 as stoploss and 9.2 as target.

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	8.60
Upside Target	9.43
Upside Target	9.50
Upside Target	9.58
Upside Target	9.87
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	8.43
Downside Intraday Target	7.88
Upside Intraday Target	9.7
Upside Intraday Target	10.42
Upside Intraday Target	9.15

Weekly technical analysis of Prakash Steelage (PRAKASHSTL_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
20 Fri Sep 2024	8.98	9.58	9.87	8.60	0.874 times
13 Fri Sep 2024	9.58	9.01	9.58	8.78	2.169 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

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
20 Fri Sep 2024	8.98	9.20	9.87	8.60	1.271 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 to mid 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 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 gaining momentum.

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

Prakash Steelage Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up

CCI has generated a SELL signal for Prakash Steelage in short term and SELL signal is strong!

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in positive zone. This is a BUY 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 9.21 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 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.