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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 2024-02-23 View latest technical analysis

10 day averaged volume of Steel City is 54138

Date	Daily Closing Price	Open	High	Low	Volume
23 Fri Feb 2024	83.25	81.70	83.85	80.80	1.204 times
22 Thu Feb 2024	80.90	80.80	82.25	80.05	0.241 times
21 Wed Feb 2024	80.25	82.45	82.45	79.25	0.508 times
20 Tue Feb 2024	81.55	81.60	83.00	80.00	0.833 times
19 Mon Feb 2024	80.75	82.35	82.40	80.10	0.342 times
16 Fri Feb 2024	81.05	82.85	82.85	80.50	0.474 times
15 Thu Feb 2024	81.75	83.85	83.85	81.10	0.469 times
14 Wed Feb 2024	82.80	78.00	84.90	77.10	1.501 times
13 Tue Feb 2024	78.60	81.40	81.40	77.25	1.035 times
12 Mon Feb 2024	80.00	86.00	87.75	79.30	1.971 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 83.8 as stoploss in an intra day sell trade for a target of 81.1. However, stock will show a bullish move above 83.8.

Share price targets for Steel City (STEELCITY)

Target Type	Value
Downside Target	62.10
Downside Target	65.30
Downside Target	69.25
Downside Target	72.00
Downside Target	73.70
Downside Target	75.35
Downside Target	77.05
Downside Target	79.00
Downside Target	80.95
Upside Target	83.85
Upside Target	85.55
Upside Target	87.75
Upside Target	94.70

Intraday share price targets for Steel City (STEELCITY)

Target Type	Value
Downside Intraday Target	80.38
Downside Intraday Target	77.52
Upside Intraday Target	84.98
Upside Intraday Target	86.72
Downside Intraday Target	82.12

Weekly technical analysis of Steel City (STEELCITY)

Date	Weekly Closing Price	Open	High	Low	Volume
23 Fri Feb 2024	83.25	82.35	83.85	79.25	0.574 times
16 Fri Feb 2024	81.05	86.00	87.75	77.10	0.149 times
09 Fri Feb 2024	85.10	78.90	94.70	75.35	8.795 times
02 Fri Feb 2024	78.35	79.00	80.95	77.05	1.792 times
25 Thu Jan 2024	78.35	78.95	79.00	73.70	0.414 times

Price has moved up 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
23 Fri Feb 2024	83.25	80.20	94.70	75.35	1.401 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
30 Thu Nov 2023	67.05	65.50	69.25	63.25	0.521 times

Scroll below to view daily charts

Price has moved up 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 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 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 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 BUY. Signal strength is Strong and stock is gaining momentum.

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

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 green color and prices are in or below the green cloud Prices appear to be moving up

CCI has generated a buy signal for Steel City in short term and BUY 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

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 81.15 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 positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.