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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 2025-01-03 View latest technical analysis

10 day averaged volume of Steel Exchange is 1000138

Date	Daily Closing Price	Open	High	Low	Volume
03 Fri Jan 2025	10.81	10.44	10.94	10.44	2.15 times
02 Thu Jan 2025	10.43	10.20	10.59	10.17	1.65 times
01 Wed Jan 2025	10.18	10.20	10.24	10.11	0.728 times
31 Tue Dec 2024	10.20	10.20	10.32	10.14	1.101 times
30 Mon Dec 2024	10.26	10.33	10.37	10.21	0.998 times
27 Fri Dec 2024	10.34	10.45	10.59	10.30	1.209 times
26 Thu Dec 2024	10.45	10.65	10.74	10.41	0.761 times
24 Tue Dec 2024	10.55	10.79	10.84	10.51	0.619 times
23 Mon Dec 2024	10.68	10.72	10.79	10.38	0.975 times
20 Fri Dec 2024	10.58	10.55	10.78	10.53	0.91 times

Stock of Steel Exchange (STEELXIND) has showed a significant upmove. This could be a good time to enter in this stock!

My analysis of stock is bullish for shortterm, and stock might move up till 11.1 or till 11.5. Use a stoploss of 10.74 and if this stock hits its stoploss, then it can fall down till 10.39

Share price targets for Steel Exchange (STEELXIND)

Target Type	Value
Downside Target	10.00
Downside Target	10.53
Upside Target	10.84
Upside Target	11.25
Upside Target	11.40
Upside Target	11.44
Upside Target	11.97
Upside Target	12.75
Upside Target	13.02
Upside Target	14.17

Intraday share price targets for Steel Exchange (STEELXIND)

Target Type	Value
Downside Intraday Target	10.3
Downside Intraday Target	9.79
Upside Intraday Target	11.13
Upside Intraday Target	11.45
Downside Intraday Target	10.62

Weekly technical analysis of Steel Exchange (STEELXIND)

Date	Weekly Closing Price	Open	High	Low	Volume
03 Fri Jan 2025	10.81	10.33	10.94	10.11	1.86 times
27 Fri Dec 2024	10.34	10.72	10.84	10.30	0.865 times
20 Fri Dec 2024	10.58	11.24	11.25	10.53	0.827 times
13 Fri Dec 2024	11.06	11.09	11.40	10.92	0.624 times
06 Fri Dec 2024	11.09	10.94	11.44	10.61	1.868 times

Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Steel Exchange (STEELXIND)

Date	Monthly Closing Price	Open	High	Low	Volume
03 Fri Jan 2025	10.81	10.20	10.94	10.11	0.199 times
31 Tue Dec 2024	10.20	10.94	11.44	10.14	1.036 times
29 Fri Nov 2024	10.79	11.90	11.97	10.00	0.397 times
31 Thu Oct 2024	11.49	12.85	13.02	10.02	0.637 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 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 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 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 BUY. Signal strength is Strong 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 in or above 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 BUY signal in short term and the buying is gaining 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 10.48 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 rising upwards.

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 is giving positive 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.