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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)

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)

Target Type Value
Downside Target 33.55
Downside Target 37.30
Downside Target 38.25
Downside Target 41.80
Downside Target 45.00
Downside Target 50.15
Downside Target 54.70
Downside Target 58.40
Downside Target 60.45
Upside Target 65.45
Upside Target 68.00
Upside Target 70.75
Upside Target 72.30
Upside Target 76.00
Upside Target 84.00
Upside Target 98.70

Intraday share price targets for Steel City (STEELCITY)

Target Type Value
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
MACD -0, 1Sell
Stochastics 48None
CCI 6Buy
RSI 56Buy
OBV -328198Sell
VWAP 64Buy
ADL 0Sell
ROC 1Buy
Force Index 0Sell

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.

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