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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 2024-09-11 View latest technical analysis

10 day averaged volume of Steelcast is 83297

Date	Daily Closing Price	Open	High	Low	Volume
11 Wed Sep 2024	738.60	754.00	779.80	729.55	0.386 times
10 Tue Sep 2024	750.60	763.70	790.00	740.50	0.862 times
09 Mon Sep 2024	752.40	750.00	780.15	732.05	0.909 times
06 Fri Sep 2024	755.00	785.35	785.40	740.55	1.288 times
05 Thu Sep 2024	777.60	739.00	785.00	723.05	4.321 times
04 Wed Sep 2024	723.10	662.45	732.00	658.00	1.553 times
03 Tue Sep 2024	662.45	663.00	672.20	659.05	0.1 times
02 Mon Sep 2024	668.65	665.00	675.45	655.50	0.206 times
30 Fri Aug 2024	670.40	663.90	675.00	659.90	0.15 times
29 Thu Aug 2024	660.45	650.30	665.00	639.85	0.342 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 727.8, but if it comes below 727.8, then a intra day sell could be more profitable.
If you take a sell trade below 727.8, then use 727.8 as stoploss and 681.1 as target. However if you take a buy trade in stock , then use 727.8 as stoploss and 783.8 as target.

Share price targets for Steelcast (STEELCAS)

Target Type	Value
Downside Target	591.60
Downside Target	611.55
Downside Target	655.50
Downside Target	681.80
Downside Target	684.00
Downside Target	695.00
Downside Target	724.55
Downside Target	729.55
Upside Target	785.40
Upside Target	790.00

Intraday share price targets for Steelcast (STEELCAS)

Target Type	Value
Downside Intraday Target	715.43
Downside Intraday Target	692.27
Upside Intraday Target	775.88
Upside Intraday Target	813.17
Upside Intraday Target	752.72

Weekly technical analysis of Steelcast (STEELCAS)

Date	Weekly Closing Price	Open	High	Low	Volume
11 Wed Sep 2024	738.60	750.00	790.00	729.55	0.289 times
06 Fri Sep 2024	755.00	665.00	785.40	655.50	6.233 times
30 Fri Aug 2024	670.40	654.00	675.00	634.80	1.106 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

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
11 Wed Sep 2024	738.60	665.00	790.00	655.50	1.757 times
30 Fri Aug 2024	670.40	635.10	681.80	611.55	0.778 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

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 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

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

Price action analysis of Steelcast ( (STEELCAS) ) 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 Steelcast stock for short term is BUY. Signal strength is Strong and stock is losing momentum.

MACD generated a BUY signal for Steelcast in short term and the buy signal is strong.

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

Steelcast Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Steelcast in short term but SELL 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 751.39 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 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.