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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 2024-04-02 View latest technical analysis

10 day averaged volume of Steel City is 27328

Date	Daily Closing Price	Open	High	Low	Volume
02 Tue Apr 2024	75.65	76.20	76.20	74.00	0.471 times
01 Mon Apr 2024	75.50	74.25	76.55	74.25	0.977 times
28 Thu Mar 2024	74.25	76.60	77.25	73.25	2.323 times
27 Wed Mar 2024	74.25	75.85	76.50	74.00	1.131 times
26 Tue Mar 2024	74.45	76.70	77.25	73.70	1.187 times
22 Fri Mar 2024	76.10	74.95	77.10	73.70	1.062 times
21 Thu Mar 2024	74.90	75.60	76.70	74.35	0.715 times
20 Wed Mar 2024	74.35	74.45	74.95	72.45	0.585 times
19 Tue Mar 2024	73.55	72.50	74.30	72.50	0.504 times
18 Mon Mar 2024	73.45	75.65	75.65	72.65	0.76 times

My analysis of stock is bullish for shortterm, and stock might move up till 78 or till 80.9. Use a stoploss of 75.58 and if this stock hits its stoploss, then it can fall down till 73.17

Share price targets for Steel City (STEELCITY)

Target Type	Value
Downside Target	65.30
Downside Target	68.05
Downside Target	72.00
Upside Target	77.15
Upside Target	77.25
Upside Target	79.35
Upside Target	79.90
Upside Target	81.40
Upside Target	81.50
Upside Target	85.55
Upside Target	94.70

Intraday share price targets for Steel City (STEELCITY)

Target Type	Value
Downside Intraday Target	74.25
Downside Intraday Target	72.85
Upside Intraday Target	76.8
Upside Intraday Target	77.95
Downside Intraday Target	75.4

Weekly technical analysis of Steel City (STEELCITY)

Date	Weekly Closing Price	Open	High	Low	Volume
02 Tue Apr 2024	75.65	74.25	76.55	74.00	0.312 times
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

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
02 Tue Apr 2024	75.65	74.25	76.55	74.00	0.088 times
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

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 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 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 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 BUY signal for Steel City in short term but the buy 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. Bulls are getting tired and bears 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 but SELL signal is weak.

RSI is generating a SELL signal in short term and selling is picking up 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 74.63 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 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.