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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 2021-09-06 View latest technical analysis

10 day averaged volume of Steel City is 40488

Date Daily Closing Price Open High Low Volume
06 Mon Sep 2021 60.00 60.90 62.00 59.20 1.441 times
03 Fri Sep 2021 60.90 61.85 61.95 60.55 0.655 times
02 Thu Sep 2021 61.85 63.60 63.60 60.15 0.918 times
01 Wed Sep 2021 62.50 62.55 63.10 62.15 0.546 times
31 Tue Aug 2021 62.50 63.90 63.90 61.80 0.571 times
30 Mon Aug 2021 63.20 62.20 63.80 62.05 0.873 times
27 Fri Aug 2021 62.55 65.45 65.45 62.00 0.806 times
26 Thu Aug 2021 64.70 63.90 65.45 63.00 0.839 times
25 Wed Aug 2021 62.70 60.00 62.70 60.00 1.401 times
24 Tue Aug 2021 59.75 57.30 60.35 54.70 2.69 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 60.3, but if it comes above 60.3, then a intra day buy could be more profitable.
If you take a sell trade below 60.3, then use 60.3 as stoploss and 56.4 as target. However if you take a buy trade in stock , then use 60.3 as stoploss and 63.66 as target.

Share price targets for Steel City (STEELCITY)

Target Type Value
Downside Target 37.30
Downside Target 38.25
Downside Target 41.80
Downside Target 50.15
Downside Target 54.70
Downside Target 58.40
Upside Target 63.60
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 58.8
Downside Intraday Target 57.6
Upside Intraday Target 61.6
Upside Intraday Target 63.2
Upside Intraday Target 60.4

Weekly technical analysis of Steel City (STEELCITY)

Date Weekly Closing Price Open High Low Volume
06 Mon Sep 2021 60.00 60.90 62.00 59.20 0.404 times
03 Fri Sep 2021 60.90 62.20 63.90 60.15 0.554 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

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
06 Mon Sep 2021 60.00 62.55 63.60 59.20 0.099 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 15, 35, 38 Sell
MACD -1, -1Sell
Stochastics 58None
CCI -82Sell
RSI 61Buy
OBV -353747Sell
VWAP 62Sell
ADL 0Sell
ROC 4Buy
Force Index 0Sell

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 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

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 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 61.58 and Steel City (STEELCITY) stock is trading below this level. This means that stock is falling with high volumes. 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 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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