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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 2025-04-02 View latest technical analysis

10 day averaged volume of Steel Exchange is 3465350

Date	Daily Closing Price	Open	High	Low	Volume
02 Wed Apr 2025	8.41	8.26	8.69	8.03	0.37 times
01 Tue Apr 2025	8.18	7.85	8.80	7.75	0.513 times
28 Fri Mar 2025	7.71	7.99	8.14	7.60	1.243 times
27 Thu Mar 2025	7.77	8.00	8.19	7.72	1.228 times
26 Wed Mar 2025	8.20	8.61	8.94	8.10	1.01 times
25 Tue Mar 2025	8.64	9.26	9.50	8.60	0.782 times
24 Mon Mar 2025	9.03	8.92	9.70	8.92	1.048 times
21 Fri Mar 2025	8.86	8.76	9.28	8.76	0.895 times
20 Thu Mar 2025	8.72	8.17	9.22	8.05	1.776 times
19 Wed Mar 2025	7.89	7.80	8.19	7.79	1.056 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 8.6 as stoploss in an intra day sell trade for a target of 8.16. However, stock will show a bullish move above 8.6.

Share price targets for Steel Exchange (STEELXIND)

Target Type	Value
Downside Target	7.51
Downside Target	8.00
Downside Target	8.24
Upside Target	8.75
Upside Target	9.02
Upside Target	9.28
Upside Target	9.70
Upside Target	10.14
Upside Target	10.18
Upside Target	11.42
Upside Target	11.44

Intraday share price targets for Steel Exchange (STEELXIND)

Target Type	Value
Downside Intraday Target	7.84
Downside Intraday Target	7.27
Upside Intraday Target	8.89
Upside Intraday Target	9.37
Downside Intraday Target	8.32

Weekly technical analysis of Steel Exchange (STEELXIND)

Date	Weekly Closing Price	Open	High	Low	Volume
02 Wed Apr 2025	8.41	7.85	8.80	7.75	0.166 times
28 Fri Mar 2025	7.71	8.92	9.70	7.60	1.127 times
21 Fri Mar 2025	8.86	7.84	9.28	7.51	2.18 times
13 Thu Mar 2025	7.71	8.19	8.24	7.61	0.553 times
07 Fri Mar 2025	8.15	8.05	8.75	8.00	2.49 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
02 Wed Apr 2025	8.41	7.85	8.80	7.75	0.055 times
28 Fri Mar 2025	7.71	8.05	9.70	7.51	2.279 times
28 Fri Feb 2025	7.85	9.99	10.18	7.70	0.659 times
31 Fri Jan 2025	10.04	10.20	11.42	9.02	1.635 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 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 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 short to mid 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 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 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 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 moving up

CCI has generated a buy signal for Steel Exchange in short term but BUY signal is weak.

RSI is generating a BUY signal in short term but buying is losing 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 8.33 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 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 negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.