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(STEELCITY) Steel City complete technical analysis [charts+indicators] | Buy/Sell Steel City | (STEELCITY) share price targets

Complete technical analysis of Steel City (STEELCITY) by charts plus indicators, forecast predictions and share price targets for Steel City (STEELCITY)

10 day averaged volume of Steel City is 9497

Date Daily Closing Price Open High Low Volume
12 Fri Aug 2022 56.40 57.25 57.90 54.30 1.717 times
11 Thu Aug 2022 56.50 56.45 57.50 56.25 0.576 times
10 Wed Aug 2022 56.45 56.95 57.80 56.30 0.568 times
08 Mon Aug 2022 56.90 55.55 58.50 55.55 0.826 times
05 Fri Aug 2022 56.35 56.00 58.70 56.00 1.077 times
04 Thu Aug 2022 55.95 56.70 56.80 55.40 0.797 times
03 Wed Aug 2022 56.45 56.30 58.20 56.05 1.007 times
02 Tue Aug 2022 56.80 57.50 57.50 56.15 1.094 times
01 Mon Aug 2022 56.45 55.65 57.70 55.65 0.841 times
30 Sat Jul 2022 55.65 57.00 57.00 53.90 2.86 times

My analysis of stock is bullish for shortterm, and stock might move up till 57 or till 57.7. Use a stoploss of 56.39 and if this stock hits its stoploss, then it can fall down till 55.78

Share price targets for Steel City (STEELCITY)

Target Type Value
Downside Target 50.30
Downside Target 52.10
Downside Target 53.90
Upside Target 58.50
Upside Target 58.70
Upside Target 59.00
Upside Target 63.90
Upside Target 64.50
Upside Target 68.80

Intraday share price targets for Steel City (STEELCITY)

Target Type Value
Downside Intraday Target 54.3
Downside Intraday Target 52.2
Upside Intraday Target 58.5
Upside Intraday Target 60.6
Downside Intraday Target 56.4

Weekly technical analysis of Steel City (STEELCITY)

Date Weekly Closing Price Open High Low Volume
12 Fri Aug 2022 56.40 55.55 58.50 54.30 0.766 times
05 Fri Aug 2022 56.35 55.65 58.70 55.40 0.632 times
30 Sat Jul 2022 55.65 55.20 59.00 53.90 1.953 times
22 Fri Jul 2022 55.95 56.80 57.00 55.00 0.924 times
15 Fri Jul 2022 55.80 55.40 56.40 52.10 1.012 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 Steel City (STEELCITY)

Date Monthly Closing Price Open High Low Volume
12 Fri Aug 2022 56.40 55.65 58.70 54.30 0.381 times
30 Sat Jul 2022 55.65 58.60 59.00 52.10 0.468 times
30 Thu Jun 2022 59.35 56.60 63.90 50.30 1.133 times
31 Tue May 2022 55.95 63.40 64.50 52.10 0.359 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 Steel City (STEELCITY)

Indicator Name Indicator Value Indicator Signal
ADX 14, 20, 17 Sell
MACD 0, 0Sell
Stochastics 53None
CCI -63Sell
RSI 58Buy
OBV -7720Sell
VWAP 56Buy
ADL 0Sell
ROC -0Sell
Force Index 0Sell

Price action analysis of Steel City ( (STEELCITY) ) 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 Steel City ( (STEELCITY) ) based on a short term time period is

Price action analysis of Steel City ( (STEELCITY) ) based on a short to mid 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 Steel City ( (STEELCITY) ) based on a mid to longer term time period is

ADX buy sell signal for Steel City stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.

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

Steel City 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 Steel City 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 Steel City is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 56.27 and Steel City (STEELCITY) 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 Steel City (STEELCITY) stock. Volume based technical analysis of Steel City (STEELCITY) stock is negative.

Steel City 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 Steel City charts

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Daily charts

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Daily chart

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