(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)
10 day averaged volume of Steel City is 12437
| Date | Daily Closing Price | Open | High | Low | Volume |
| 27 Tue Sep 2022 | 55.25 | 57.15 | 57.35 | 52.65 | 1.839 times |
| 26 Mon Sep 2022 | 56.05 | 56.55 | 58.50 | 55.60 | 0.764 times |
| 23 Fri Sep 2022 | 57.55 | 59.45 | 59.60 | 57.40 | 0.731 times |
| 22 Thu Sep 2022 | 58.65 | 59.35 | 59.80 | 58.05 | 0.582 times |
| 21 Wed Sep 2022 | 58.20 | 59.85 | 60.00 | 58.00 | 0.977 times |
| 20 Tue Sep 2022 | 58.95 | 58.25 | 60.05 | 58.25 | 0.676 times |
| 19 Mon Sep 2022 | 58.65 | 60.25 | 60.55 | 58.40 | 0.782 times |
| 16 Fri Sep 2022 | 59.10 | 61.55 | 61.55 | 58.15 | 1.223 times |
| 15 Thu Sep 2022 | 60.35 | 62.30 | 62.30 | 60.10 | 1.193 times |
| 14 Wed Sep 2022 | 61.15 | 60.20 | 62.30 | 60.20 | 1.28 times |
Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 55.6, for a target of 57.8 or 59.71
Share price targets for Steel City (STEELCITY)
| Target Type | Value |
| Downside Target | 50.30 |
| Downside Target | 52.10 |
| Downside Target | 54.30 |
| Upside Target | 56.35 |
| Upside Target | 60.55 |
| Upside Target | 62.60 |
| Upside Target | 62.80 |
| Upside Target | 62.90 |
| Upside Target | 63.90 |
| Upside Target | 64.50 |
| Upside Target | 65.75 |
Intraday share price targets for Steel City (STEELCITY)
| Target Type | Value |
| Downside Intraday Target | 52.43 |
| Downside Intraday Target | 49.62 |
| Upside Intraday Target | 58.28 |
| Upside Intraday Target | 61.32 |
| Upside Intraday Target | 55.47 |
Weekly technical analysis of Steel City (STEELCITY)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 27 Tue Sep 2022 | 55.25 | 56.55 | 58.50 | 52.65 | 0.694 times |
| 23 Fri Sep 2022 | 57.55 | 60.25 | 60.55 | 57.40 | 0.568 times |
| 16 Fri Sep 2022 | 59.10 | 62.05 | 62.90 | 58.15 | 0.572 times |
| 09 Fri Sep 2022 | 60.90 | 62.35 | 62.60 | 59.00 | 0.494 times |
| 02 Fri Sep 2022 | 61.40 | 57.65 | 65.75 | 56.35 | 1.519 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 |
| 27 Tue Sep 2022 | 55.25 | 62.45 | 65.75 | 52.65 | 1.27 times |
| 30 Tue Aug 2022 | 61.25 | 55.65 | 62.80 | 54.30 | 1.924 times |
| 29 Fri Jul 2022 | 55.65 | 58.60 | 59.00 | 52.10 | 0.468 times |
| 30 Thu Jun 2022 | 59.35 | 56.60 | 63.90 | 50.30 | 1.133 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)
| Indicator Name | Indicator Value | Indicator Signal |
| ADX | 8, 28, 55 | Sell |
| MACD | -0, 1 | Sell |
| Stochastics | 12 | Sell |
| CCI | -194 | Sell |
| RSI | 54 | Buy |
| OBV | 154982 | Sell |
| VWAP | 58 | Sell |
| ADL | 0 | Sell |
| ROC | -10 | Sell |
| Force Index | 0 | Sell |
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 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 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 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 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 weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Steel City in short term and SELL signal is strong!
RSI is generating a BUY signal in short term and the buying is gaining 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 58.3 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
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