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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 2024-03-22 View latest technical analysis

10 day averaged volume of Steel City is 21934

Date	Daily Closing Price	Open	High	Low	Volume
22 Fri Mar 2024	76.10	74.95	77.10	73.70	1.323 times
21 Thu Mar 2024	74.90	75.60	76.70	74.35	0.89 times
20 Wed Mar 2024	74.35	74.45	74.95	72.45	0.728 times
19 Tue Mar 2024	73.55	72.50	74.30	72.50	0.628 times
18 Mon Mar 2024	73.45	75.65	75.65	72.65	0.947 times
15 Fri Mar 2024	74.15	73.70	74.55	72.05	0.943 times
14 Thu Mar 2024	73.60	69.55	73.90	68.05	1.021 times
13 Wed Mar 2024	71.15	74.50	74.50	71.00	1.291 times
12 Tue Mar 2024	73.40	78.00	78.00	73.00	1.901 times
11 Mon Mar 2024	76.95	77.55	79.35	76.50	0.846 times

My analysis of stock is bearish for shortterm, and stock might move down till 73.9 or till 70.4. Use a stoploss of 76.74 and if the stock hits stoploss, then it can shoot up till 79.62

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
Downside Target	75.35
Upside Target	79.25
Upside Target	79.90
Upside Target	81.40
Upside Target	81.50
Upside Target	83.85
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	73.33
Downside Intraday Target	70.57
Upside Intraday Target	77.98
Upside Intraday Target	79.87
Downside Intraday Target	75.22

Weekly technical analysis of Steel City (STEELCITY)

Date	Weekly Closing Price	Open	High	Low	Volume
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
23 Fri Feb 2024	83.25	82.35	83.85	79.25	0.574 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
22 Fri Mar 2024	76.10	80.95	81.50	68.05	0.122 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 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 Strong and stock is gaining 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 stronger in this stock.

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 and BUY signal is strong.

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

MRSI is in positive zone. This is a BUY 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 74.04 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.