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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 2024-08-21 View latest technical analysis

10 day averaged volume of Steel City is 45080

Date	Daily Closing Price	Open	High	Low	Volume
21 Wed Aug 2024	90.66	92.30	95.50	88.95	1.589 times
20 Tue Aug 2024	93.56	92.99	94.39	92.11	0.397 times
19 Mon Aug 2024	92.17	92.98	93.02	91.53	0.464 times
16 Fri Aug 2024	91.96	92.22	95.40	91.70	0.284 times
14 Wed Aug 2024	92.63	93.50	95.46	92.15	0.342 times
13 Tue Aug 2024	94.69	97.60	97.60	94.05	0.636 times
12 Mon Aug 2024	96.09	96.00	97.00	94.49	2.711 times
09 Fri Aug 2024	94.63	92.79	95.90	92.79	2.746 times
08 Thu Aug 2024	91.63	92.30	92.50	91.01	0.565 times
07 Wed Aug 2024	91.49	89.30	92.00	87.31	0.939 times

My analysis of stock is bearish for shortterm, and stock might move down till 89 or till 85.8. Use a stoploss of 91.72 and if the stock hits stoploss, then it can shoot up till 94.41

Share price targets for Steel City (STEELCITY)

Target Type	Value
Downside Target	73.15
Downside Target	80.00
Downside Target	85.09
Downside Target	88.95
Upside Target	95.50
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	87.91
Downside Intraday Target	85.15
Upside Intraday Target	94.46
Upside Intraday Target	98.25
Upside Intraday Target	91.7

Weekly technical analysis of Steel City (STEELCITY)

Date	Weekly Closing Price	Open	High	Low	Volume
21 Wed Aug 2024	90.66	92.98	95.50	88.95	0.616 times
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

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
21 Wed Aug 2024	90.66	98.00	98.15	85.65	0.696 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 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 to mid 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 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 SELL. Signal strength is Weak and stock is gaining momentum.

MACD generated a SELL signal for Steel City in short term but the sell signal is initial and weak.

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 and SELL 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

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 93.7 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.