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(STEELXIND) Steel Exchange complete technical analysis [charts+indicators] | Buy/Sell Steel Exchange | (STEELXIND) share price targets

Complete technical analysis of Steel Exchange (STEELXIND) by charts plus indicators, forecast predictions and share price targets for Steel Exchange (STEELXIND)

Showing technical analysis as on 2024-11-26 View latest technical analysis

10 day averaged volume of Steel Exchange is 1106514

Date	Daily Closing Price	Open	High	Low	Volume
26 Tue Nov 2024	10.62	10.54	10.65	10.42	0.747 times
25 Mon Nov 2024	10.45	10.51	10.64	10.30	0.728 times
22 Fri Nov 2024	10.19	10.20	10.24	10.13	0.445 times
21 Thu Nov 2024	10.17	10.40	10.40	10.13	0.736 times
19 Tue Nov 2024	10.26	10.21	10.45	10.17	0.818 times
18 Mon Nov 2024	10.20	10.26	10.33	10.10	1.287 times
14 Thu Nov 2024	10.12	10.32	10.32	10.00	1.306 times
13 Wed Nov 2024	10.13	10.79	10.80	10.10	1.66 times
12 Tue Nov 2024	10.62	10.89	10.98	10.52	1.026 times
11 Mon Nov 2024	10.86	11.00	11.03	10.60	0.842 times

My analysis of stock is bearish for shortterm, and stock might move down till 10.3 or till 9.7. Use a stoploss of 10.79 and if the stock hits stoploss, then it can shoot up till 11.28

Share price targets for Steel Exchange (STEELXIND)

Target Type	Value
Downside Target	10.00
Upside Target	11.00
Upside Target	11.90
Upside Target	11.97
Upside Target	12.52
Upside Target	12.65
Upside Target	12.75
Upside Target	13.02
Upside Target	14.17
Upside Target	14.84
Upside Target	15.80

Intraday share price targets for Steel Exchange (STEELXIND)

Target Type	Value
Downside Intraday Target	10.4
Downside Intraday Target	10.17
Upside Intraday Target	10.75
Upside Intraday Target	10.87
Downside Intraday Target	10.52

Weekly technical analysis of Steel Exchange (STEELXIND)

Date	Weekly Closing Price	Open	High	Low	Volume
26 Tue Nov 2024	10.62	10.51	10.65	10.30	0.449 times
22 Fri Nov 2024	10.19	10.26	10.45	10.10	0.68 times
14 Thu Nov 2024	10.12	11.00	11.03	10.00	0.654 times
08 Fri Nov 2024	11.02	11.97	11.97	11.00	1.214 times
01 Fri Nov 2024	11.74	10.84	11.90	10.57	0.566 times

Price has moved up 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 Exchange (STEELXIND)

Date	Monthly Closing Price	Open	High	Low	Volume
26 Tue Nov 2024	10.62	11.90	11.97	10.00	0.35 times
31 Thu Oct 2024	11.49	12.85	13.02	10.02	0.637 times
30 Mon Sep 2024	12.83	13.90	14.17	12.75	0.781 times
30 Fri Aug 2024	13.96	14.75	14.84	12.65	0.699 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 Exchange (STEELXIND)

Price action analysis of Steel Exchange ( (STEELXIND) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Steel Exchange ( (STEELXIND) ) 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 Exchange ( (STEELXIND) ) 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 Exchange stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.

MACD generated a BUY signal for Steel Exchange in short term but the buy signal is initial and weak.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Steel Exchange 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. 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 moving up

CCI has generated a buy signal for Steel Exchange in short term and BUY signal is strong.

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in negative zone. This is the SELL zone

Stock of Steel Exchange is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 10.33 and Steel Exchange (STEELXIND) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is falling down

People seem to be coming out and selling the Steel Exchange (STEELXIND) stock. Volume based technical analysis of Steel Exchange (STEELXIND) stock is negative.

Steel Exchange 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.