(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 2021-09-01 View latest technical analysis
10 day averaged volume of Steel City is 47891
|Date||Daily Closing Price||Open||High||Low||Volume|
|01 Wed Sep 2021||62.50||62.55||63.10||62.15||0.462 times|
|31 Tue Aug 2021||62.50||63.90||63.90||61.80||0.483 times|
|30 Mon Aug 2021||63.20||62.20||63.80||62.05||0.738 times|
|27 Fri Aug 2021||62.55||65.45||65.45||62.00||0.681 times|
|26 Thu Aug 2021||64.70||63.90||65.45||63.00||0.709 times|
|25 Wed Aug 2021||62.70||60.00||62.70||60.00||1.185 times|
|24 Tue Aug 2021||59.75||57.30||60.35||54.70||2.274 times|
|23 Mon Aug 2021||57.55||60.25||62.35||57.55||0.592 times|
|20 Fri Aug 2021||60.55||60.55||62.50||60.45||1.287 times|
|18 Wed Aug 2021||63.60||65.00||66.70||63.05||0.8 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 61.2 as stoploss in an intra day buy trade for a target of 65.26. However, stock will show a bearish move below 61.2.
Share price targets for Steel City (STEELCITY)
Intraday share price targets for Steel City (STEELCITY)
|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|
|01 Wed Sep 2021||62.50||62.20||63.90||61.80||0.309 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|
|01 Wed Sep 2021||62.50||62.55||63.10||62.15||0.015 times|
|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|
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, 32, 24||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 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 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 but SELL signal is weak.
RSI is generating a BUY signal in short term but buying is losing 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 61.58 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.