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 2024-09-10 View latest technical analysis

10 day averaged volume of Steel City is 123663

Date	Daily Closing Price	Open	High	Low	Volume
10 Tue Sep 2024	102.01	100.35	104.00	100.09	0.746 times
09 Mon Sep 2024	100.42	102.00	103.15	100.00	0.254 times
06 Fri Sep 2024	102.09	104.97	104.97	98.30	0.741 times
05 Thu Sep 2024	103.16	105.40	105.60	102.41	0.461 times
04 Wed Sep 2024	103.16	104.80	109.00	102.00	1.393 times
03 Tue Sep 2024	104.94	103.40	109.25	99.60	2.382 times
02 Mon Sep 2024	101.21	99.45	104.88	99.16	2.199 times
30 Fri Aug 2024	98.99	93.00	101.70	92.26	2.292 times
29 Thu Aug 2024	92.38	92.44	93.11	92.10	0.101 times
28 Wed Aug 2024	92.44	91.75	93.69	91.75	0.091 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 101.1, but if it comes below 101.1, then a intra day sell could be more profitable.
If you take a sell trade below 101.1, then use 101.1 as stoploss and 96.34 as target. However if you take a buy trade in stock , then use 101.1 as stoploss and 106.9 as target.

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	97.60
Downside Target	101.70
Upside Target	104.00
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	100.01
Downside Intraday Target	98
Upside Intraday Target	104.01
Upside Intraday Target	106
Downside Intraday Target	102

Weekly technical analysis of Steel City (STEELCITY)

Date	Weekly Closing Price	Open	High	Low	Volume
10 Tue Sep 2024	102.01	102.00	104.00	100.00	0.139 times
06 Fri Sep 2024	102.09	99.45	109.25	98.30	2.672 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

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
10 Tue Sep 2024	102.01	99.45	109.25	98.30	1.027 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 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 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 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 gaining 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 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 green color and prices are above the green 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 101.85 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.