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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)

10 day averaged volume of Steel City is 23380

Date Daily Closing Price Open High Low Volume
28 Thu Mar 2024 74.25 76.60 77.25 73.25 2.716 times
27 Wed Mar 2024 74.25 75.85 76.50 74.00 1.322 times
26 Tue Mar 2024 74.45 76.70 77.25 73.70 1.387 times
22 Fri Mar 2024 76.10 74.95 77.10 73.70 1.241 times
21 Thu Mar 2024 74.90 75.60 76.70 74.35 0.835 times
20 Wed Mar 2024 74.35 74.45 74.95 72.45 0.683 times
19 Tue Mar 2024 73.55 72.50 74.30 72.50 0.589 times
18 Mon Mar 2024 73.45 75.65 75.65 72.65 0.889 times
15 Fri Mar 2024 74.15 73.70 74.55 72.05 0.884 times
14 Thu Mar 2024 73.60 69.55 73.90 68.05 0.957 times

Stock of Steel City (STEELCITY) has showed a significant fall. This could be a good time to exit from this stock.

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 73.3 as stoploss in an intra day buy trade for a target of 75.98. However, stock will show a bearish move below 73.3.

Share price targets for Steel City (STEELCITY)

Target Type Value
Downside Target 63.25
Downside Target 65.30
Downside Target 68.05
Downside Target 72.00
Upside Target 75.35
Upside Target 79.35
Upside Target 79.90
Upside Target 81.40
Upside Target 81.50
Upside Target 84.80
Upside Target 85.55
Upside Target 94.70

Intraday share price targets for Steel City (STEELCITY)

Target Type Value
Downside Intraday Target 72.58
Downside Intraday Target 70.92
Upside Intraday Target 76.58
Upside Intraday Target 78.92
Upside Intraday Target 74.92

Weekly technical analysis of Steel City (STEELCITY)

Date Weekly Closing Price Open High Low Volume
28 Thu Mar 2024 74.25 76.70 77.25 73.25 1.28 times
22 Fri Mar 2024 76.10 75.65 77.10 72.45 0.753 times
15 Fri Mar 2024 74.15 77.55 79.35 68.05 1.739 times
07 Thu Mar 2024 78.10 81.00 81.40 77.15 0.504 times
02 Sat Mar 2024 80.00 84.80 84.80 76.10 0.887 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
28 Thu Mar 2024 74.25 80.95 81.50 68.05 0.169 times
29 Thu Feb 2024 80.25 80.20 94.70 75.35 1.476 times
31 Wed Jan 2024 78.90 75.00 85.55 72.00 1.007 times
29 Fri Dec 2023 73.15 67.90 79.90 65.30 3.88 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)

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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this 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. Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Steel City in short term

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 74.37 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.

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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this 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. Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Steel City in short term

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 74.37 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.

Click here for Steel City charts

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Daily charts

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