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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)

10 day averaged volume of Steel Exchange is 7528232

Date Daily Closing Price Open High Low Volume
30 Thu Nov 2023 10.10 10.30 10.40 9.80 0.432 times
29 Wed Nov 2023 10.30 10.55 10.55 10.20 0.31 times
28 Tue Nov 2023 10.45 10.40 10.50 10.20 0.536 times
24 Fri Nov 2023 10.20 10.75 10.75 10.10 0.563 times
23 Thu Nov 2023 10.50 11.05 11.10 10.25 0.784 times
22 Wed Nov 2023 10.95 11.00 11.30 10.75 1.482 times
21 Tue Nov 2023 10.75 10.25 10.90 9.95 2.576 times
20 Mon Nov 2023 9.95 10.30 10.30 9.70 1.227 times
17 Fri Nov 2023 9.30 8.80 9.50 8.80 1.223 times
16 Thu Nov 2023 8.65 8.50 8.80 8.45 0.457 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 10.3 as stoploss in an intra day sell trade for a target of 9.41. However, stock will show a bullish move above 10.3.

Share price targets for Steel Exchange (STEELXIND)

Target Type Value
Downside Target 7.80
Downside Target 8.20
Downside Target 8.65
Downside Target 8.90
Downside Target 9.10
Downside Target 9.50
Upside Target 10.55
Upside Target 11.30
Upside Target 12.10
Upside Target 12.35
Upside Target 13.55
Upside Target 15.25

Intraday share price targets for Steel Exchange (STEELXIND)

Target Type Value
Downside Intraday Target 9.75
Downside Intraday Target 9.4
Upside Intraday Target 10.5
Upside Intraday Target 10.9
Upside Intraday Target 10.15

Weekly technical analysis of Steel Exchange (STEELXIND)

Date Weekly Closing Price Open High Low Volume
30 Thu Nov 2023 10.10 10.40 10.55 9.80 0.193 times
24 Fri Nov 2023 10.20 10.30 11.30 9.70 2.412 times
17 Fri Nov 2023 9.30 8.85 9.50 8.20 3.308 times
10 Fri Nov 2023 8.70 8.85 8.90 8.65 0.858 times
03 Fri Nov 2023 8.75 9.10 9.10 8.65 0.937 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 Exchange (STEELXIND)

Date Monthly Closing Price Open High Low Volume
30 Thu Nov 2023 10.10 8.95 11.30 8.20 1.201 times
31 Tue Oct 2023 8.95 9.55 9.95 7.80 0.283 times
29 Fri Sep 2023 9.55 10.30 12.10 9.20 2.765 times
31 Thu Aug 2023 10.30 12.65 13.55 9.55 0.989 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 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 term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, 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 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 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 and the buy signal is strong.

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 tired and bears are picking up momentum.

Ichimoku cloud is of green color Prices appear to be coming down

CCI has generated a SELL signal for Steel Exchange 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

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 10.28 and Steel Exchange (STEELXIND) 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 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.

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 term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, 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 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 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 and the buy signal is strong.

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 tired and bears are picking up momentum.

Ichimoku cloud is of green color Prices appear to be coming down

CCI has generated a SELL signal for Steel Exchange 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

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 10.28 and Steel Exchange (STEELXIND) 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 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.

Click here for Steel Exchange charts

Click here for further forecast and predictions for tomorrow

Daily charts

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