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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)

10 day averaged volume of Steel City is 17998

Date Daily Closing Price Open High Low Volume
16 Fri Apr 2021 34.50 35.85 35.85 34.15 0.484 times
15 Thu Apr 2021 35.00 35.00 36.00 34.65 0.857 times
13 Tue Apr 2021 35.10 35.95 35.95 34.60 0.495 times
12 Mon Apr 2021 35.35 37.50 37.50 35.00 0.776 times
09 Fri Apr 2021 36.20 36.95 36.95 36.05 0.664 times
08 Thu Apr 2021 36.65 35.45 36.90 35.45 0.558 times
07 Wed Apr 2021 35.80 36.80 36.90 35.10 1.531 times
06 Tue Apr 2021 35.80 37.80 37.80 35.40 0.962 times
05 Mon Apr 2021 36.80 37.20 37.80 36.55 1.166 times
01 Thu Apr 2021 37.10 35.05 37.80 35.00 1.364 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 34.8, but if it comes above 34.8, then a intra day buy could be more profitable.
If you take a sell trade below 34.8, then use 34.8 as stoploss and 32.3 as target. However if you take a buy trade in stock , then use 34.8 as stoploss and 36.97 as target.

Share price targets for Steel City (STEELCITY)

Target Type Value
Downside Target 28.20
Downside Target 31.10
Downside Target 32.55
Downside Target 33.60
Upside Target 37.30
Upside Target 37.80
Upside Target 39.45
Upside Target 40.90
Upside Target 41.00
Upside Target 42.90
Upside Target 44.10

Intraday share price targets for Steel City (STEELCITY)

Target Type Value
Downside Intraday Target 33.27
Downside Intraday Target 32.03
Upside Intraday Target 36.62
Upside Intraday Target 38.73
Upside Intraday Target 35.38

Weekly technical analysis of Steel City (STEELCITY)

Date Weekly Closing Price Open High Low Volume
16 Fri Apr 2021 34.50 37.50 37.50 34.15 0.535 times
09 Fri Apr 2021 36.20 37.20 37.80 35.10 1.143 times
01 Thu Apr 2021 37.10 37.45 37.80 33.60 0.116 times
26 Fri Mar 2021 37.70 39.85 44.10 37.30 3.65 times
19 Fri Mar 2021 39.75 37.15 40.90 32.55 2.226 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
16 Fri Apr 2021 34.50 35.05 37.80 34.15 0.092 times
31 Wed Mar 2021 35.15 35.25 44.10 32.55 4.166 times
25 Thu Feb 2021 35.50 36.35 39.45 31.10 0.478 times
29 Fri Jan 2021 36.40 34.85 42.90 34.65 1.746 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 12, 26, 38 Sell
MACD -1, -0Sell
Stochastics 26Sell
CCI -138Sell
RSI 66Buy
OBV -240812Sell
VWAP 36Sell
ADL 0Sell
ROC -2Sell
Force Index 0Sell

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 definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on 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 getting stronger in this stock.

Ichimoku cloud is of red color and prices are in or above 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 35.99 and Steel City (STEELCITY) stock is trading below this level. This means that stock is falling with high volumes. 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 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.

Click here for Steel City charts

Click here for further forecast and predictions for tomorrow

Daily charts

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

Daily chart
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