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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 2021-09-15 View latest technical analysis

10 day averaged volume of Steel City is 31282

Date Daily Closing Price Open High Low Volume
15 Wed Sep 2021 61.05 60.30 61.45 59.25 1.338 times
14 Tue Sep 2021 59.85 60.70 60.70 59.25 0.949 times
13 Mon Sep 2021 59.75 61.05 61.40 59.35 1 times
09 Thu Sep 2021 61.05 59.40 61.45 58.60 1.303 times
08 Wed Sep 2021 59.50 59.50 59.65 58.80 0.641 times
07 Tue Sep 2021 59.50 60.50 60.50 58.60 0.758 times
06 Mon Sep 2021 60.00 60.90 62.00 59.20 1.865 times
03 Fri Sep 2021 60.90 61.85 61.95 60.55 0.848 times
02 Thu Sep 2021 61.85 63.60 63.60 60.15 1.188 times
01 Wed Sep 2021 62.50 62.55 63.10 62.15 0.707 times

My analysis of stock is bearish for shortterm, and stock might move down till 59.5 or till 57.1. Use a stoploss of 61.44 and if the stock hits stoploss, then it can shoot up till 63.4

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 62.00
Upside Target 63.60
Upside Target 63.90
Upside Target 65.45
Upside Target 70.75
Upside Target 76.00
Upside Target 98.70

Intraday share price targets for Steel City (STEELCITY)

Target Type Value
Downside Intraday Target 59.72
Downside Intraday Target 58.38
Upside Intraday Target 61.92
Upside Intraday Target 62.78
Downside Intraday Target 60.58

Weekly technical analysis of Steel City (STEELCITY)

Date Weekly Closing Price Open High Low Volume
15 Wed Sep 2021 61.05 61.05 61.45 59.25 0.72 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
15 Wed Sep 2021 61.05 62.55 63.60 58.60 0.228 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 18, 24, 14 Sell
MACD -2, -2Sell
Stochastics 31None
CCI -0Buy
RSI 58Buy
OBV -114509Sell
VWAP 61Buy
ADL 0Sell
ROC -2Sell
Force Index 0Sell

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 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 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 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 Weak and stock is losing momentum.

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

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

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. 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 buy signal for Steel City in short term but BUY signal is weak.

RSI is generating a BUY signal in short term but buying is losing 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 60.6 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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