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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 2024-10-01 View latest technical analysis

10 day averaged volume of Steel City is 44301

Date	Daily Closing Price	Open	High	Low	Volume
01 Tue Oct 2024	95.97	96.85	96.88	95.51	0.3 times
30 Mon Sep 2024	95.71	95.20	96.49	94.40	0.63 times
27 Fri Sep 2024	96.45	97.24	97.80	95.86	0.457 times
26 Thu Sep 2024	96.40	99.50	99.59	96.01	0.749 times
25 Wed Sep 2024	98.40	99.98	99.98	97.50	0.379 times
24 Tue Sep 2024	98.76	99.30	101.66	98.00	0.62 times
23 Mon Sep 2024	99.86	101.70	102.95	99.22	1.387 times
20 Fri Sep 2024	101.18	95.34	105.00	95.34	4.611 times
19 Thu Sep 2024	95.15	96.00	97.00	94.22	0.394 times
18 Wed Sep 2024	96.00	98.40	98.40	95.72	0.545 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 95.7 as stoploss in an intra day buy trade for a target of 98.38. However, stock will show a bearish move below 95.7.

Share price targets for Steel City (STEELCITY)

Target Type	Value
Downside Target	80.00
Downside Target	85.09
Downside Target	93.91
Upside Target	98.30
Upside Target	101.70
Upside Target	102.95
Upside Target	104.00
Upside Target	105.00
Upside Target	106.80
Upside Target	109.25

Intraday share price targets for Steel City (STEELCITY)

Target Type	Value
Downside Intraday Target	94.62
Downside Intraday Target	93.27
Upside Intraday Target	97.1
Upside Intraday Target	98.23
Downside Intraday Target	95.75

Weekly technical analysis of Steel City (STEELCITY)

Date	Weekly Closing Price	Open	High	Low	Volume
01 Tue Oct 2024	95.97	95.20	96.88	94.40	0.259 times
27 Fri Sep 2024	96.45	101.70	102.95	95.86	0.571 times
20 Fri Sep 2024	101.18	99.65	105.00	94.22	0.733 times
13 Fri Sep 2024	98.17	102.00	104.00	93.91	0.429 times
06 Fri Sep 2024	102.09	99.45	109.25	98.30	2.672 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
01 Tue Oct 2024	95.97	96.85	96.88	95.51	0.008 times
30 Mon Sep 2024	95.71	99.45	109.25	93.91	1.761 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

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 to mid term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 gaining momentum.

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

Steel City Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be moving up

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

RSI is generating a BUY signal in short term but buying is losing 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 99.16 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.