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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 2024-07-29 View latest technical analysis

10 day averaged volume of Steel City is 28958

Date	Daily Closing Price	Open	High	Low	Volume
29 Mon Jul 2024	89.45	91.45	91.45	89.00	0.886 times
26 Fri Jul 2024	87.96	88.16	89.98	87.71	0.981 times
25 Thu Jul 2024	88.28	88.89	89.75	87.00	1.022 times
24 Wed Jul 2024	87.83	89.49	89.49	87.00	0.766 times
23 Tue Jul 2024	87.92	89.90	89.90	86.50	0.923 times
22 Mon Jul 2024	87.92	88.40	89.89	85.09	1.206 times
19 Fri Jul 2024	86.54	88.00	89.56	86.00	1.109 times
18 Thu Jul 2024	88.58	91.48	91.48	87.21	1.043 times
16 Tue Jul 2024	89.79	89.15	91.59	89.15	0.91 times
15 Mon Jul 2024	89.94	90.00	91.12	89.00	0.853 times

My analysis of stock is bearish for shortterm, and stock might move down till 87.9 or till 85.4. Use a stoploss of 89.97 and if the stock hits stoploss, then it can shoot up till 92.06

Share price targets for Steel City (STEELCITY)

Target Type	Value
Downside Target	68.05
Downside Target	73.15
Downside Target	80.00
Downside Target	85.09
Downside Target	89.00
Upside Target	91.59
Upside Target	94.45
Upside Target	95.59
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	88.48
Downside Intraday Target	87.52
Upside Intraday Target	90.93
Upside Intraday Target	92.42
Upside Intraday Target	89.97

Weekly technical analysis of Steel City (STEELCITY)

Date	Weekly Closing Price	Open	High	Low	Volume
29 Mon Jul 2024	89.45	91.45	91.45	89.00	0.181 times
26 Fri Jul 2024	87.96	88.40	89.98	85.09	1.251 times
19 Fri Jul 2024	86.54	90.00	91.59	86.00	0.55 times
12 Fri Jul 2024	89.95	91.69	95.59	89.00	1.14 times
05 Fri Jul 2024	90.29	91.65	94.45	89.26	0.887 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
29 Mon Jul 2024	89.45	91.65	95.59	85.09	0.489 times
28 Fri Jun 2024	91.71	94.80	106.80	80.00	0.666 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

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 term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, 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 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. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below 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 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 88.36 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.