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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 2024-11-19 View latest technical analysis

10 day averaged volume of Steelcast is 19814

Date	Daily Closing Price	Open	High	Low	Volume
19 Tue Nov 2024	753.15	747.75	761.95	740.25	0.398 times
18 Mon Nov 2024	738.65	762.05	783.90	733.00	0.675 times
14 Thu Nov 2024	772.50	760.25	780.00	753.35	0.254 times
13 Wed Nov 2024	758.05	800.00	803.85	742.30	0.859 times
12 Tue Nov 2024	800.10	786.45	811.55	786.45	0.753 times
11 Mon Nov 2024	786.25	789.35	815.00	760.00	2.223 times
08 Fri Nov 2024	797.90	807.20	810.05	786.10	0.738 times
07 Thu Nov 2024	804.85	801.30	823.40	797.00	0.755 times
06 Wed Nov 2024	801.30	805.00	816.40	797.05	0.519 times
05 Tue Nov 2024	798.30	838.60	841.50	784.50	1.111 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 754.5, but if it comes above 754.5, then a intra day buy could be more profitable.
If you take a sell trade below 754.5, then use 754.5 as stoploss and 724.5 as target. However if you take a buy trade in stock , then use 754.5 as stoploss and 779.44 as target.

Share price targets for Steelcast (STEELCAS)

Target Type	Value
Downside Target	611.55
Downside Target	655.50
Downside Target	681.80
Downside Target	722.20
Upside Target	780.00
Upside Target	783.90
Upside Target	814.40
Upside Target	815.00
Upside Target	822.00
Upside Target	834.00
Upside Target	844.90

Intraday share price targets for Steelcast (STEELCAS)

Target Type	Value
Downside Intraday Target	729.47
Downside Intraday Target	705.78
Upside Intraday Target	780.37
Upside Intraday Target	807.58
Upside Intraday Target	756.68

Weekly technical analysis of Steelcast (STEELCAS)

Date	Weekly Closing Price	Open	High	Low	Volume
19 Tue Nov 2024	753.15	762.05	783.90	733.00	0.262 times
14 Thu Nov 2024	772.50	789.35	815.00	742.30	0.781 times
08 Fri Nov 2024	797.90	802.35	844.90	782.10	1.716 times
01 Fri Nov 2024	799.25	748.30	814.40	730.20	0.878 times
25 Fri Oct 2024	737.40	773.00	780.00	726.65	0.62 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
19 Tue Nov 2024	753.15	802.35	844.90	733.00	0.546 times
31 Thu Oct 2024	802.35	810.20	822.00	722.20	0.254 times
30 Mon Sep 2024	810.20	665.00	834.00	655.50	3.311 times
30 Fri Aug 2024	670.40	635.10	681.80	611.55	0.778 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 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 losing momentum.

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

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

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

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Steelcast is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 783.99 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.