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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 2024-09-04 View latest technical analysis

10 day averaged volume of Steel City is 100037

Date	Daily Closing Price	Open	High	Low	Volume
04 Wed Sep 2024	103.16	104.80	109.00	102.00	1.722 times
03 Tue Sep 2024	104.94	103.40	109.25	99.60	2.944 times
02 Mon Sep 2024	101.21	99.45	104.88	99.16	2.719 times
30 Fri Aug 2024	98.99	93.00	101.70	92.26	2.834 times
29 Thu Aug 2024	92.38	92.44	93.11	92.10	0.125 times
28 Wed Aug 2024	92.44	91.75	93.69	91.75	0.112 times
27 Tue Aug 2024	92.79	91.50	92.99	91.50	0.106 times
26 Mon Aug 2024	92.56	93.98	93.99	91.71	0.143 times
23 Fri Aug 2024	92.55	93.60	93.60	91.39	0.134 times
22 Thu Aug 2024	92.43	92.65	93.29	91.11	0.167 times

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 103.5, for a target of 98.7 or 94.65

Share price targets for Steel City (STEELCITY)

Target Type	Value
Downside Target	80.00
Downside Target	85.09
Downside Target	88.95
Downside Target	91.50
Downside Target	95.50
Downside Target	99.16
Downside Target	101.70
Upside Target	106.80
Upside Target	109.25
Upside Target	109.70

Intraday share price targets for Steel City (STEELCITY)

Target Type	Value
Downside Intraday Target	98.46
Downside Intraday Target	93.77
Upside Intraday Target	108.55
Upside Intraday Target	113.95
Upside Intraday Target	103.86

Weekly technical analysis of Steel City (STEELCITY)

Date	Weekly Closing Price	Open	High	Low	Volume
04 Wed Sep 2024	103.16	99.45	109.25	99.16	2.224 times
30 Fri Aug 2024	98.99	93.98	101.70	91.50	2.362 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

Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Steel City (STEELCITY)

Date	Monthly Closing Price	Open	High	Low	Volume
04 Wed Sep 2024	103.16	99.45	109.25	99.16	0.751 times
30 Fri Aug 2024	98.99	98.00	101.70	85.65	1.101 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

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 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 Strong and stock is losing 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! 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 coming down

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 101.32 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 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 positive

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