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(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 2024-08-16 View latest technical analysis

10 day averaged volume of Steelcast is 24794

Date Daily Closing Price Open High Low Volume
16 Fri Aug 2024 639.45 649.75 654.30 625.15 0.738 times
14 Wed Aug 2024 644.70 641.05 657.25 630.00 0.65 times
13 Tue Aug 2024 644.90 653.45 661.90 637.00 0.534 times
12 Mon Aug 2024 652.20 660.00 665.00 648.20 0.611 times
09 Fri Aug 2024 656.90 635.95 664.00 611.55 2.216 times
08 Thu Aug 2024 647.55 656.00 664.35 637.05 0.721 times
07 Wed Aug 2024 657.00 659.70 663.65 648.90 0.302 times
06 Tue Aug 2024 649.85 650.75 672.00 645.65 0.792 times
05 Mon Aug 2024 653.55 651.70 664.95 637.00 1.097 times
02 Fri Aug 2024 664.95 649.95 669.90 639.90 2.121 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 638.6 as stoploss in an intra day buy trade for a target of 646.32. However, stock will show a bearish move below 638.6.

Share price targets for Steelcast (STEELCAS)

Target Type Value
Downside Target 591.60
Downside Target 611.25
Upside Target 665.00
Upside Target 669.90
Upside Target 672.00
Upside Target 684.00
Upside Target 685.00
Upside Target 695.00
Upside Target 724.55

Intraday share price targets for Steelcast (STEELCAS)

Target Type Value
Downside Intraday Target 621.4
Downside Intraday Target 603.35
Upside Intraday Target 661.25
Upside Intraday Target 683.05
Upside Intraday Target 643.2

Weekly technical analysis of Steelcast (STEELCAS)

Date Weekly Closing Price Open High Low Volume
16 Fri Aug 2024 639.45 660.00 665.00 625.15 0.494 times
09 Fri Aug 2024 656.90 651.70 672.00 611.55 0.967 times
02 Fri Aug 2024 664.95 650.85 669.90 628.75 1.601 times
26 Fri Jul 2024 641.25 641.60 668.80 630.05 0.948 times
19 Fri Jul 2024 637.10 661.30 685.00 618.60 0.641 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 Steelcast (STEELCAS)

Date Monthly Closing Price Open High Low Volume
16 Fri Aug 2024 639.45 635.10 672.00 611.55 0.454 times
31 Wed Jul 2024 640.30 648.00 724.55 618.60 2.113 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

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 Steelcast (STEELCAS)

Price action analysis of Steelcast ( (STEELCAS) ) based on a short 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 Steelcast ( (STEELCAS) ) based on a short 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 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 Steelcast ( (STEELCAS) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.

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

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

Steelcast 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 tired and bears are picking up momentum.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

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

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 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 653.94 and Steelcast (STEELCAS) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.

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 negative.

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

Price action analysis of Steelcast ( (STEELCAS) ) based on a short 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 Steelcast ( (STEELCAS) ) based on a short 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 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 Steelcast ( (STEELCAS) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.

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

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

Steelcast 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 tired and bears are picking up momentum.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

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

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 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 653.94 and Steelcast (STEELCAS) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.

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 negative.

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

Click here for Steelcast charts

Click here for further forecast and predictions for tomorrow

Daily charts

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