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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 2024-10-24 View latest technical analysis

10 day averaged volume of Steel City is 106110

Date	Daily Closing Price	Open	High	Low	Volume
24 Thu Oct 2024	95.02	92.60	97.19	92.60	0.361 times
23 Wed Oct 2024	94.50	95.00	95.66	92.30	0.648 times
22 Tue Oct 2024	95.84	95.50	107.00	92.66	7.521 times
21 Mon Oct 2024	93.35	96.20	97.25	91.16	0.249 times
18 Fri Oct 2024	96.20	98.70	98.70	95.51	0.13 times
17 Thu Oct 2024	97.39	96.83	99.65	96.00	0.459 times
16 Wed Oct 2024	96.83	97.69	98.85	96.20	0.245 times
15 Tue Oct 2024	97.12	98.00	98.50	95.57	0.404 times
14 Mon Oct 2024	96.21	94.90	96.69	93.61	0.209 times
11 Fri Oct 2024	93.41	94.70	94.70	93.11	0.046 times

My analysis of stock is bullish for shortterm, and stock might move up till 97 or till 99.6. Use a stoploss of 94.89 and if this stock hits its stoploss, then it can fall down till 92.76

Share price targets for Steel City (STEELCITY)

Target Type	Value
Downside Target	80.00
Downside Target	85.09
Downside Target	91.16
Upside Target	95.86
Upside Target	97.86
Upside Target	99.65
Upside Target	101.70
Upside Target	102.95
Upside Target	106.80
Upside Target	107.00
Upside Target	109.25

Intraday share price targets for Steel City (STEELCITY)

Target Type	Value
Downside Intraday Target	88.45
Downside Intraday Target	81.89
Upside Intraday Target	104.29
Upside Intraday Target	113.57
Upside Intraday Target	97.73

Weekly technical analysis of Steel City (STEELCITY)

Date	Weekly Closing Price	Open	High	Low	Volume
24 Thu Oct 2024	95.02	96.20	107.00	91.16	6.063 times
18 Fri Oct 2024	96.20	94.90	99.65	93.61	1.434 times
11 Fri Oct 2024	93.41	95.60	97.00	87.00	1.093 times
04 Fri Oct 2024	93.87	95.20	96.88	92.15	0.616 times
27 Fri Sep 2024	96.45	101.70	102.95	95.86	0.571 times

Price has moved down 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
24 Thu Oct 2024	95.02	96.85	107.00	87.00	0.728 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 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 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 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 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 neutral. A longer time frame might give a better analysis.

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 SELL signal for Steel City in short term and the sell signal is strong.

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 red color and prices are below the red 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 95.81 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 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.