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

(STEELCAS) Steelcast complete technical analysis [charts+indicators] | Buy/Sell Steelcast | (STEELCAS) share price targets

Complete technical analysis of Steelcast (STEELCAS) by charts plus indicators, forecast predictions and share price targets for Steelcast (STEELCAS)

Showing technical analysis as on 2024-07-23 View latest technical analysis

10 day averaged volume of Steelcast is 23487

Date	Daily Closing Price	Open	High	Low	Volume
23 Tue Jul 2024	650.65	641.90	655.90	634.25	0.493 times
22 Mon Jul 2024	638.80	641.60	651.60	630.05	0.557 times
19 Fri Jul 2024	637.10	651.60	654.75	633.00	0.61 times
18 Thu Jul 2024	651.60	662.45	679.70	649.10	1.405 times
16 Tue Jul 2024	652.65	656.00	685.00	650.00	0.725 times
15 Mon Jul 2024	656.00	661.30	661.35	618.60	0.947 times
12 Fri Jul 2024	658.10	658.30	674.95	655.95	0.543 times
11 Thu Jul 2024	663.00	661.40	690.00	655.70	0.531 times
10 Wed Jul 2024	661.40	664.15	705.50	644.15	2.339 times
09 Tue Jul 2024	664.15	682.60	690.00	660.45	0.744 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 646.7 as stoploss in an intra day buy trade for a target of 662.76. However, stock will show a bearish move below 646.7.

Share price targets for Steelcast (STEELCAS)

Target Type	Value
Downside Target	590.00
Downside Target	611.25
Upside Target	661.60
Upside Target	680.65
Upside Target	684.00
Upside Target	685.00
Upside Target	695.00
Upside Target	716.10
Upside Target	724.55

Intraday share price targets for Steelcast (STEELCAS)

Target Type	Value
Downside Intraday Target	635.17
Downside Intraday Target	619.68
Upside Intraday Target	661.02
Upside Intraday Target	671.38
Downside Intraday Target	645.53

Weekly technical analysis of Steelcast (STEELCAS)

Date	Weekly Closing Price	Open	High	Low	Volume
23 Tue Jul 2024	650.65	641.60	655.90	630.05	0.285 times
19 Fri Jul 2024	637.10	661.30	685.00	618.60	0.641 times
12 Fri Jul 2024	658.10	703.70	716.10	644.15	0.594 times
05 Fri Jul 2024	698.75	648.00	724.55	634.80	3.08 times
28 Fri Jun 2024	648.60	645.60	680.65	636.40	1.23 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 Steelcast (STEELCAS)

Date	Monthly Closing Price	Open	High	Low	Volume
23 Tue Jul 2024	650.65	648.00	724.55	618.60	1.707 times
28 Fri Jun 2024	648.60	651.70	684.00	591.60	1.079 times
31 Fri May 2024	648.30	666.80	695.00	620.50	1.059 times
30 Tue Apr 2024	663.35	665.95	695.00	611.25	1.122 times

Scroll below to view daily charts

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

Indicators analysis of Steelcast (STEELCAS)

Price action analysis of Steelcast ( (STEELCAS) ) 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 Steelcast ( (STEELCAS) ) 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 Steelcast ( (STEELCAS) ) 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 Steelcast ( (STEELCAS) ) based on a mid to longer 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.

ADX buy sell signal for Steelcast stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

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

Steelcast Stock is trading near its recent LOWS in short term which reflects strong selling momentum. 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 moving up

CCI has generated a buy signal for Steelcast in short term but BUY 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 Steelcast is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 655.01 and Steelcast (STEELCAS) 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 Steelcast (STEELCAS) stock. Volume based technical analysis of Steelcast (STEELCAS) stock is negative.

Steelcast Stock has given negative 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.