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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 2024-11-21 View latest technical analysis

10 day averaged volume of Steelcast is 16419

Date	Daily Closing Price	Open	High	Low	Volume
21 Thu Nov 2024	750.40	753.15	762.00	711.00	0.539 times
19 Tue Nov 2024	753.15	747.75	761.95	740.25	0.48 times
18 Mon Nov 2024	738.65	762.05	783.90	733.00	0.815 times
14 Thu Nov 2024	772.50	760.25	780.00	753.35	0.307 times
13 Wed Nov 2024	758.05	800.00	803.85	742.30	1.037 times
12 Tue Nov 2024	800.10	786.45	811.55	786.45	0.909 times
11 Mon Nov 2024	786.25	789.35	815.00	760.00	2.683 times
08 Fri Nov 2024	797.90	807.20	810.05	786.10	0.891 times
07 Thu Nov 2024	804.85	801.30	823.40	797.00	0.911 times
06 Wed Nov 2024	801.30	805.00	816.40	797.05	0.627 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 753.8, but if it comes above 753.8, then a intra day buy could be more profitable.
If you take a sell trade below 753.8, then use 753.8 as stoploss and 723.5 as target. However if you take a buy trade in stock , then use 753.8 as stoploss and 779.12 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	711.00
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	712.97
Downside Intraday Target	675.53
Upside Intraday Target	785.87
Upside Intraday Target	821.33
Downside Intraday Target	748.43

Weekly technical analysis of Steelcast (STEELCAS)

Date	Weekly Closing Price	Open	High	Low	Volume
21 Thu Nov 2024	750.40	762.05	783.90	711.00	0.371 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
21 Thu Nov 2024	750.40	802.35	844.90	711.00	0.57 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 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 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 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 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 779.93 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 negative.

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