(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 2021-09-14 View latest technical analysis
10 day averaged volume of Steel City is 31847
|Date||Daily Closing Price||Open||High||Low||Volume|
|14 Tue Sep 2021||59.85||60.70||60.70||59.25||0.933 times|
|13 Mon Sep 2021||59.75||61.05||61.40||59.35||0.983 times|
|09 Thu Sep 2021||61.05||59.40||61.45||58.60||1.28 times|
|08 Wed Sep 2021||59.50||59.50||59.65||58.80||0.63 times|
|07 Tue Sep 2021||59.50||60.50||60.50||58.60||0.745 times|
|06 Mon Sep 2021||60.00||60.90||62.00||59.20||1.832 times|
|03 Fri Sep 2021||60.90||61.85||61.95||60.55||0.833 times|
|02 Thu Sep 2021||61.85||63.60||63.60||60.15||1.167 times|
|01 Wed Sep 2021||62.50||62.55||63.10||62.15||0.695 times|
|31 Tue Aug 2021||62.50||63.90||63.90||61.80||0.726 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 59.3 as stoploss in an intra day buy trade for a target of 61.82. However, stock will show a bearish move below 59.3.
Share price targets for Steel City (STEELCITY)
Intraday share price targets for Steel City (STEELCITY)
|Downside Intraday Target||58.93|
|Downside Intraday Target||58.02|
|Upside Intraday Target||61.08|
|Upside Intraday Target||62.32|
|Upside Intraday Target||60.17|
Weekly technical analysis of Steel City (STEELCITY)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|14 Tue Sep 2021||59.85||61.05||61.40||59.25||0.427 times|
|09 Thu Sep 2021||61.05||60.90||62.00||58.60||0.99 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|
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|
|14 Tue Sep 2021||59.85||62.55||63.60||58.60||0.199 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||17, 26, 22||Sell|
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 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 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 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 is trading near its recent LOWS in short term which reflects strong selling momentum. 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 SELL signal for Steel City in short term and SELL 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
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 60.69 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.