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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 2021-08-27 View latest technical analysis

10 day averaged volume of Steel City is 57920

Date Daily Closing Price Open High Low Volume
27 Fri Aug 2021 62.55 65.45 65.45 62.00 0.563 times
26 Thu Aug 2021 64.70 63.90 65.45 63.00 0.586 times
25 Wed Aug 2021 62.70 60.00 62.70 60.00 0.979 times
24 Tue Aug 2021 59.75 57.30 60.35 54.70 1.88 times
23 Mon Aug 2021 57.55 60.25 62.35 57.55 0.49 times
20 Fri Aug 2021 60.55 60.55 62.50 60.45 1.064 times
18 Wed Aug 2021 63.60 65.00 66.70 63.05 0.661 times
17 Tue Aug 2021 65.75 66.40 68.95 65.20 1.034 times
16 Mon Aug 2021 68.60 70.45 70.75 67.50 0.703 times
13 Fri Aug 2021 70.75 68.70 70.80 68.05 1.62 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 as stoploss in an intra day buy trade for a target of 66.92. However, stock will show a bearish move below 62.

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 56.35
Downside Intraday Target 50.15
Upside Intraday Target 67.1
Upside Intraday Target 71.65
Downside Intraday Target 60.9

Weekly technical analysis of Steel City (STEELCITY)

Date Weekly Closing Price Open High Low Volume
27 Fri Aug 2021 62.55 60.25 65.45 54.70 1.299 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
27 Fri Aug 2021 62.55 76.00 76.00 54.70 0.152 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 22, 36, 23 Sell
MACD -1, 1Sell
Stochastics 54None
CCI -10Sell
RSI 57Buy
OBV -214219Sell
VWAP 64Sell
ADL 0Sell
ROC -7Sell
Force Index 0Sell

Price action analysis of Steel City ( (STEELCITY) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 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 gaining momentum.

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

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 stronger in this stock.

Ichimoku cloud is of red color and prices are in or above 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 63.92 and Steel City (STEELCITY) 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 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.

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Daily charts

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Daily chart

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