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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 2021-08-31 View latest technical analysis

10 day averaged volume of Steel City is 49647

Date Daily Closing Price Open High Low Volume
31 Tue Aug 2021 62.50 63.90 63.90 61.80 0.466 times
30 Mon Aug 2021 63.20 62.20 63.80 62.05 0.712 times
27 Fri Aug 2021 62.55 65.45 65.45 62.00 0.657 times
26 Thu Aug 2021 64.70 63.90 65.45 63.00 0.684 times
25 Wed Aug 2021 62.70 60.00 62.70 60.00 1.143 times
24 Tue Aug 2021 59.75 57.30 60.35 54.70 2.193 times
23 Mon Aug 2021 57.55 60.25 62.35 57.55 0.571 times
20 Fri Aug 2021 60.55 60.55 62.50 60.45 1.242 times
18 Wed Aug 2021 63.60 65.00 66.70 63.05 0.771 times
17 Tue Aug 2021 65.75 66.40 68.95 65.20 1.207 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 61.4 as stoploss in an intra day buy trade for a target of 65.8. However, stock will show a bearish move below 61.4.

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 63.90
Upside Target 65.45
Upside Target 70.75
Upside Target 72.30
Upside Target 76.00
Upside Target 98.70

Intraday share price targets for Steel City (STEELCITY)

Target Type Value
Downside Intraday Target 61.57
Downside Intraday Target 60.63
Upside Intraday Target 63.67
Upside Intraday Target 64.83
Upside Intraday Target 62.73

Weekly technical analysis of Steel City (STEELCITY)

Date Weekly Closing Price Open High Low Volume
31 Tue Aug 2021 62.50 62.20 63.90 61.80 0.224 times
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

Price has moved down 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
31 Tue Aug 2021 62.50 76.00 76.00 54.70 0.158 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 20, 33, 23 Sell
MACD -1, 0Sell
Stochastics 52None
CCI 8Sell
RSI 56Buy
OBV -194607Sell
VWAP 62Buy
ADL 0Sell
ROC -9Sell
Force Index 0Sell

Price action analysis of Steel City ( (STEELCITY) ) based on a short 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 short 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.

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 tired and bears are picking up momentum.

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 but SELL signal is weak.

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Steel City is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 62.06 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 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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