(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)
Showing technical analysis as on 2021-08-26 View latest technical analysis
10 day averaged volume of Steel City is 65675
|Date||Daily Closing Price||Open||High||Low||Volume|
|26 Thu Aug 2021||64.70||63.90||65.45||63.00||0.517 times|
|25 Wed Aug 2021||62.70||60.00||62.70||60.00||0.864 times|
|24 Tue Aug 2021||59.75||57.30||60.35||54.70||1.658 times|
|23 Mon Aug 2021||57.55||60.25||62.35||57.55||0.432 times|
|20 Fri Aug 2021||60.55||60.55||62.50||60.45||0.939 times|
|18 Wed Aug 2021||63.60||65.00||66.70||63.05||0.583 times|
|17 Tue Aug 2021||65.75||66.40||68.95||65.20||0.912 times|
|16 Mon Aug 2021||68.60||70.45||70.75||67.50||0.62 times|
|13 Fri Aug 2021||70.75||68.70||70.80||68.05||1.428 times|
|12 Thu Aug 2021||67.45||65.00||67.45||64.20||0.866 times|
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 62.5 as stoploss in an intra day buy trade for a target of 67.42. However, stock will show a bearish move below 62.5.
Share price targets for Steel City (STEELCITY)
Intraday share price targets for Steel City (STEELCITY)
|Downside Intraday Target||57.78|
|Downside Intraday Target||50.87|
|Upside Intraday Target||68.53|
|Upside Intraday Target||72.37|
|Downside Intraday Target||61.62|
Weekly technical analysis of Steel City (STEELCITY)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|26 Thu Aug 2021||64.70||60.25||65.45||54.70||1.137 times|
|20 Fri Aug 2021||60.55||70.45||70.75||60.45||0.491 times|
|13 Fri Aug 2021||70.75||72.00||72.30||61.55||0.777 times|
|06 Fri Aug 2021||71.30||76.00||76.00||66.20||0.577 times|
|30 Fri Jul 2021||73.70||76.00||84.00||68.00||0.16 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|
|26 Thu Aug 2021||64.70||76.00||76.00||54.70||0.148 times|
|30 Fri Jul 2021||73.70||52.40||98.70||50.15||2.049 times|
|30 Wed Jun 2021||51.90||38.65||58.40||38.25||9.808 times|
|31 Mon May 2021||38.60||39.80||41.80||37.30||0.675 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 Steel City (STEELCITY)
|Indicator Name||Indicator Value||Indicator Signal|
|ADX||24, 37, 20||Sell|
Price action analysis of Steel City ( (STEELCITY) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Steel City ( (STEELCITY) ) 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 Steel City ( (STEELCITY) ) 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 Steel City ( (STEELCITY) ) 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 Steel City stock for short term is SELL. Signal strength is Strong and stock is losing momentum.
MACD generated a SELL signal for Steel City in short term and the sell signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up
CCI has generated a buy signal for Steel City in short term and BUY signal is strong.
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 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 64.34 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 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.