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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 2024-08-16 View latest technical analysis

10 day averaged volume of Steel City is 49877

Date	Daily Closing Price	Open	High	Low	Volume
16 Fri Aug 2024	91.96	92.22	95.40	91.70	0.257 times
14 Wed Aug 2024	92.63	93.50	95.46	92.15	0.309 times
13 Tue Aug 2024	94.69	97.60	97.60	94.05	0.575 times
12 Mon Aug 2024	96.09	96.00	97.00	94.49	2.451 times
09 Fri Aug 2024	94.63	92.79	95.90	92.79	2.482 times
08 Thu Aug 2024	91.63	92.30	92.50	91.01	0.511 times
07 Wed Aug 2024	91.49	89.30	92.00	87.31	0.849 times
06 Tue Aug 2024	87.34	88.75	92.81	85.65	0.827 times
05 Mon Aug 2024	88.79	92.20	92.24	87.41	0.91 times
02 Fri Aug 2024	92.89	93.00	94.00	91.07	0.388 times

My analysis of stock is bullish for shortterm, and stock might move up till 94.1 or till 97.7. Use a stoploss of 91.02 and if this stock hits its stoploss, then it can fall down till 87.97

Share price targets for Steel City (STEELCITY)

Target Type	Value
Downside Target	73.15
Downside Target	80.00
Downside Target	85.09
Downside Target	89.00
Upside Target	95.90
Upside Target	97.60
Upside Target	97.86
Upside Target	98.15
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	89.91
Downside Intraday Target	87.85
Upside Intraday Target	95.81
Upside Intraday Target	99.65
Upside Intraday Target	93.75

Weekly technical analysis of Steel City (STEELCITY)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Fri Aug 2024	91.96	96.00	97.60	91.70	0.644 times
09 Fri Aug 2024	94.63	92.20	95.90	85.65	0.91 times
02 Fri Aug 2024	92.89	91.45	98.15	89.00	2.156 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

Price has moved down 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
16 Fri Aug 2024	91.96	98.00	98.15	85.65	0.572 times
31 Wed Jul 2024	96.33	91.65	97.86	85.09	0.655 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

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 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 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 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 Weak and stock is losing momentum.

MACD generated a BUY signal for Steel City in short term and the buy signal is strong.

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 below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Steel City in short term but SELL signal is weak.

RSI is generating a BUY signal in short term and the buying is gaining 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 93.18 and Steel City (STEELCITY) stock is trading below this level. This means that stock is falling with high volumes. 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.