Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-08-27 View latest technical analysis

10 day averaged volume of Steel City is 33407

Date	Daily Closing Price	Open	High	Low	Volume
27 Tue Aug 2024	92.79	91.50	92.99	91.50	0.317 times
26 Mon Aug 2024	92.56	93.98	93.99	91.71	0.429 times
23 Fri Aug 2024	92.55	93.60	93.60	91.39	0.401 times
22 Thu Aug 2024	92.43	92.65	93.29	91.11	0.501 times
21 Wed Aug 2024	90.66	92.30	95.50	88.95	2.144 times
20 Tue Aug 2024	93.56	92.99	94.39	92.11	0.535 times
19 Mon Aug 2024	92.17	92.98	93.02	91.53	0.627 times
16 Fri Aug 2024	91.96	92.22	95.40	91.70	0.384 times
14 Wed Aug 2024	92.63	93.50	95.46	92.15	0.462 times
13 Tue Aug 2024	94.69	97.60	97.60	94.05	0.859 times

My analysis of stock is bullish for shortterm, and stock might move up till 94.6 or till 97.1. Use a stoploss of 92.56 and if this stock hits its stoploss, then it can fall down till 90.47

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
Downside Target	91.50
Upside Target	93.99
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	91.53
Downside Intraday Target	90.27
Upside Intraday Target	94.02
Upside Intraday Target	95.25
Downside Intraday Target	92.76

Weekly technical analysis of Steel City (STEELCITY)

Date	Weekly Closing Price	Open	High	Low	Volume
27 Tue Aug 2024	92.79	93.98	93.99	91.50	0.177 times
23 Fri Aug 2024	92.55	92.98	95.50	88.95	0.785 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

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
27 Tue Aug 2024	92.79	98.00	98.15	85.65	0.757 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 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 term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this 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.

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 in or above the red cloud Prices appear to be moving up

CCI has generated a SELL signal for Steel City in short term and SELL signal is strong!

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 92.24 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 positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.