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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 2024-06-24 View latest technical analysis

10 day averaged volume of Steel City is 96092

Date	Daily Closing Price	Open	High	Low	Volume
24 Mon Jun 2024	98.85	98.40	102.10	97.31	0.721 times
21 Fri Jun 2024	97.43	98.33	98.33	97.00	0.301 times
20 Thu Jun 2024	96.37	97.56	97.73	96.00	0.324 times
19 Wed Jun 2024	97.54	97.70	99.00	96.40	0.293 times
18 Tue Jun 2024	98.53	99.47	99.49	97.00	0.47 times
14 Fri Jun 2024	97.24	98.11	101.51	96.70	0.863 times
13 Thu Jun 2024	98.70	101.00	101.00	98.01	0.663 times
12 Wed Jun 2024	101.20	90.00	106.80	90.00	6.016 times
11 Tue Jun 2024	89.40	89.30	90.50	89.20	0.188 times
10 Mon Jun 2024	89.27	90.35	91.20	88.15	0.382 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 98.2, but if it comes below 98.2, then a intra day sell could be more profitable.
If you take a sell trade below 98.2, then use 98.2 as stoploss and 93.33 as target. However if you take a buy trade in stock , then use 98.2 as stoploss and 104.1 as target.

Share price targets for Steel City (STEELCITY)

Target Type	Value
Downside Target	68.05
Downside Target	73.15
Downside Target	75.35
Downside Target	80.00
Downside Target	88.15
Downside Target	94.70
Downside Target	98.35
Upside Target	99.49
Upside Target	102.10
Upside Target	105.80
Upside Target	106.80
Upside Target	109.70

Intraday share price targets for Steel City (STEELCITY)

Target Type	Value
Downside Intraday Target	96.74
Downside Intraday Target	94.63
Upside Intraday Target	101.53
Upside Intraday Target	104.21
Upside Intraday Target	99.42

Weekly technical analysis of Steel City (STEELCITY)

Date	Weekly Closing Price	Open	High	Low	Volume
24 Mon Jun 2024	98.85	98.40	102.10	97.31	0.52 times
21 Fri Jun 2024	97.43	99.47	99.49	96.00	0.171 times
14 Fri Jun 2024	97.24	90.35	106.80	88.15	3.13 times
07 Fri Jun 2024	90.45	94.80	94.80	80.00	1.392 times
31 Fri May 2024	90.15	98.35	98.35	89.65	0.635 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
24 Mon Jun 2024	98.85	94.80	106.80	80.00	0.6 times
31 Fri May 2024	90.15	95.00	109.70	89.65	0.54 times
30 Tue Apr 2024	95.70	74.25	105.80	73.15	8.45 times
28 Thu Mar 2024	74.25	80.95	81.50	68.05	0.169 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 BUY signal for Steel City in short term and the buy 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 green color and prices are above 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 positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 99.38 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.