(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, 0 | Sell |
| Stochastics | 53 | None |
| CCI | -63 | Sell |
| RSI | 58 | Buy |
| OBV | -7720 | Sell |
| VWAP | 56 | Buy |
| ADL | 0 | Sell |
| ROC | -0 | Sell |
| Force Index | 0 | Sell |
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
Click here for further forecast and predictions for tomorrow