(ZENITHSTL) Zenith Steel complete technical analysis [charts+indicators] | Buy/Sell Zenith Steel | (ZENITHSTL) share price targets
Complete technical analysis of Zenith Steel (ZENITHSTL) by charts plus indicators, forecast predictions and share price targets for Zenith Steel (ZENITHSTL)
Showing technical analysis as on 2024-03-26 View latest technical analysis
10 day averaged volume of Zenith Steel is 306987
Date | Daily Closing Price | Open | High | Low | Volume |
26 Tue Mar 2024 | 7.90 | 8.30 | 8.50 | 7.85 | 0.723 times |
22 Fri Mar 2024 | 8.25 | 8.20 | 8.25 | 7.75 | 0.809 times |
21 Thu Mar 2024 | 7.90 | 7.65 | 7.90 | 7.55 | 0.293 times |
20 Wed Mar 2024 | 7.55 | 8.10 | 8.15 | 7.55 | 2.521 times |
19 Tue Mar 2024 | 7.95 | 7.95 | 7.95 | 7.95 | 0.134 times |
18 Mon Mar 2024 | 7.60 | 7.50 | 7.60 | 7.30 | 0.429 times |
15 Fri Mar 2024 | 7.25 | 7.40 | 7.55 | 7.10 | 1.432 times |
14 Thu Mar 2024 | 7.40 | 7.35 | 7.80 | 7.30 | 2.331 times |
13 Wed Mar 2024 | 7.65 | 8.05 | 8.05 | 7.65 | 0.665 times |
12 Tue Mar 2024 | 8.05 | 8.65 | 8.65 | 8.05 | 0.648 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 7.7 as stoploss in an intra day buy trade for a target of 8.47. However, stock will show a bearish move below 7.7.
Share price targets for Zenith Steel (ZENITHSTL)
Target Type | Value |
Downside Target | 3.90 |
Downside Target | 4.25 |
Downside Target | 6.60 |
Downside Target | 7.10 |
Downside Target | 7.30 |
Downside Target | 7.85 |
Upside Target | 8.10 |
Upside Target | 8.50 |
Upside Target | 9.05 |
Upside Target | 9.85 |
Upside Target | 10.15 |
Intraday share price targets for Zenith Steel (ZENITHSTL)
Target Type | Value |
Downside Intraday Target | 7.67 |
Downside Intraday Target | 7.43 |
Upside Intraday Target | 8.32 |
Upside Intraday Target | 8.73 |
Upside Intraday Target | 8.08 |
Weekly technical analysis of Zenith Steel (ZENITHSTL)
Date | Weekly Closing Price | Open | High | Low | Volume |
26 Tue Mar 2024 | 7.90 | 8.30 | 8.50 | 7.85 | 0.173 times |
22 Fri Mar 2024 | 8.25 | 7.50 | 8.25 | 7.30 | 0.72 times |
15 Fri Mar 2024 | 7.25 | 8.90 | 9.05 | 7.10 | 0.747 times |
07 Thu Mar 2024 | 8.90 | 9.80 | 9.85 | 8.10 | 0.341 times |
02 Sat Mar 2024 | 9.55 | 8.35 | 10.15 | 8.30 | 1.306 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 Zenith Steel (ZENITHSTL)
Date | Monthly Closing Price | Open | High | Low | Volume |
26 Tue Mar 2024 | 7.90 | 9.45 | 9.85 | 7.10 | 0.537 times |
29 Thu Feb 2024 | 9.40 | 8.75 | 10.15 | 8.30 | 2.86 times |
18 Wed Oct 2023 | 6.60 | 3.95 | 6.60 | 3.95 | 1.679 times |
29 Fri Sep 2023 | 4.05 | 4.10 | 4.30 | 3.90 | 3.771 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 Zenith Steel (ZENITHSTL)
Price action analysis of Zenith Steel ( (ZENITHSTL) ) 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 Zenith Steel ( (ZENITHSTL) ) 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 Zenith Steel ( (ZENITHSTL) ) 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 Zenith Steel ( (ZENITHSTL) ) 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 Zenith Steel stock for short term is BUY. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Zenith Steel in short term but the sell signal is initial and weak.
Zenith Steel 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 green color and prices are in or below the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Zenith Steel in short term
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Zenith Steel is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 7.61 and Zenith Steel (ZENITHSTL) 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 Zenith Steel (ZENITHSTL) stock. Volume based technical analysis of Zenith Steel (ZENITHSTL) stock is negative.
Zenith Steel Stock has given negative 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 Zenith Steel ( (ZENITHSTL) ) 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 Zenith Steel ( (ZENITHSTL) ) 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 Zenith Steel ( (ZENITHSTL) ) 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 Zenith Steel ( (ZENITHSTL) ) 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 Zenith Steel stock for short term is BUY. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Zenith Steel in short term but the sell signal is initial and weak.
Zenith Steel 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 green color and prices are in or below the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Zenith Steel in short term
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Zenith Steel is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 7.61 and Zenith Steel (ZENITHSTL) 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 Zenith Steel (ZENITHSTL) stock. Volume based technical analysis of Zenith Steel (ZENITHSTL) stock is negative.
Zenith Steel Stock has given negative 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.
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Daily charts
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