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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 2024-08-29 View latest technical analysis

10 day averaged volume of Steelcast is 18347

Date	Daily Closing Price	Open	High	Low	Volume
29 Thu Aug 2024	660.45	650.30	665.00	639.85	1.553 times
28 Wed Aug 2024	650.30	642.60	654.90	634.80	1.221 times
27 Tue Aug 2024	639.20	646.65	654.95	635.90	1.201 times
26 Mon Aug 2024	646.30	654.00	660.40	643.15	0.785 times
23 Fri Aug 2024	652.60	669.95	681.80	650.00	0.999 times
22 Thu Aug 2024	663.25	658.00	670.00	648.55	0.896 times
21 Wed Aug 2024	652.05	634.70	657.95	632.35	0.959 times
20 Tue Aug 2024	634.70	640.20	644.95	628.00	0.569 times
19 Mon Aug 2024	640.20	639.45	658.00	634.05	1.495 times
16 Fri Aug 2024	639.45	649.75	654.30	625.15	0.997 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 657.8, but if it comes below 657.8, then a intra day sell could be more profitable.
If you take a sell trade below 657.8, then use 657.8 as stoploss and 649.52 as target. However if you take a buy trade in stock , then use 657.8 as stoploss and 667.6 as target.

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	681.80
Upside Target	684.00
Upside Target	695.00
Upside Target	724.55

Intraday share price targets for Steelcast (STEELCAS)

Target Type	Value
Downside Intraday Target	641.83
Downside Intraday Target	623.22
Upside Intraday Target	672.03
Upside Intraday Target	683.62
Downside Intraday Target	653.42

Weekly technical analysis of Steelcast (STEELCAS)

Date	Weekly Closing Price	Open	High	Low	Volume
29 Thu Aug 2024	660.45	654.00	665.00	634.80	0.968 times
23 Fri Aug 2024	652.60	639.45	681.80	628.00	1.436 times
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

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
29 Thu Aug 2024	660.45	635.10	681.80	611.55	0.757 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 up 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 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 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 to mid 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 mid to longer term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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

MACD generated a BUY signal for Steelcast in short term but the buy signal is initial and weak.

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

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. 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 Steelcast in short term and BUY signal is strong.

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 648.43 and Steelcast (STEELCAS) 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 Steelcast (STEELCAS) stock. Volume based technical analysis of Steelcast (STEELCAS) stock is negative.

Steelcast 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.