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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 2025-01-20 View latest technical analysis

10 day averaged volume of Steel Exchange is 1116997

Date	Daily Closing Price	Open	High	Low	Volume
20 Mon Jan 2025	10.12	10.18	10.38	10.06	1.146 times
17 Fri Jan 2025	10.10	10.00	10.20	9.90	0.511 times
16 Thu Jan 2025	10.00	10.20	10.20	9.88	0.741 times
15 Wed Jan 2025	9.97	10.08	10.22	9.65	1.017 times
14 Tue Jan 2025	9.83	9.15	10.25	9.15	1.462 times
13 Mon Jan 2025	9.15	9.85	9.85	9.02	1.483 times
10 Fri Jan 2025	9.90	10.10	10.17	9.86	1.014 times
09 Thu Jan 2025	10.19	10.44	10.52	10.11	0.719 times
08 Wed Jan 2025	10.44	10.34	10.69	10.17	0.802 times
07 Tue Jan 2025	10.33	10.30	10.42	10.21	0.7 times

My analysis of stock is bearish for shortterm, and stock might move down till 9.9 or till 9.5. Use a stoploss of 10.21 and if the stock hits stoploss, then it can shoot up till 10.56

Share price targets for Steel Exchange (STEELXIND)

Target Type	Value
Downside Target	9.02
Downside Target	9.86
Upside Target	10.84
Upside Target	10.94
Upside Target	11.00
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	9.99
Downside Intraday Target	9.87
Upside Intraday Target	10.31
Upside Intraday Target	10.51
Upside Intraday Target	10.19

Weekly technical analysis of Steel Exchange (STEELXIND)

Date	Weekly Closing Price	Open	High	Low	Volume
20 Mon Jan 2025	10.12	10.18	10.38	10.06	0.22 times
17 Fri Jan 2025	10.10	9.85	10.25	9.02	1.089 times
10 Fri Jan 2025	9.90	10.85	11.00	9.86	0.806 times
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

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
20 Mon Jan 2025	10.12	10.20	11.00	9.02	0.747 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 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 definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

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 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 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 losing 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. Bulls 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 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 positive zone. This is a BUY 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 9.92 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.