(ZENITHSTL_BE) Zenith Steel complete technical analysis [charts+indicators] | Buy/Sell Zenith Steel | (ZENITHSTL_BE) share price targets
Complete technical analysis of Zenith Steel (ZENITHSTL_BE) by charts plus indicators, forecast predictions and share price targets for Zenith Steel (ZENITHSTL_BE)
10 day averaged volume of Zenith Steel is 74663
|Date||Daily Closing Price||Open||High||Low||Volume|
|11 Tue May 2021||1.20||1.10||1.20||1.10||1.209 times|
|10 Mon May 2021||1.15||1.15||1.20||1.15||2.764 times|
|26 Mon Apr 2021||0.80||0.75||0.85||0.75||0.574 times|
|23 Fri Apr 2021||0.80||0.80||0.85||0.75||1.175 times|
|22 Thu Apr 2021||0.80||0.75||0.80||0.75||0.812 times|
|20 Tue Apr 2021||0.75||0.80||0.80||0.75||0.797 times|
|19 Mon Apr 2021||0.75||0.80||0.85||0.75||1.086 times|
|16 Fri Apr 2021||0.80||0.85||0.85||0.75||0.433 times|
|15 Thu Apr 2021||0.80||0.80||0.85||0.75||0.541 times|
|13 Tue Apr 2021||0.80||0.80||0.85||0.75||0.395 times|
Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 1.1, for a target of 0.9 or 0.81
Share price targets for Zenith Steel (ZENITHSTL_BE)
Intraday share price targets for Zenith Steel (ZENITHSTL_BE)
|Downside Intraday Target||1.13|
|Downside Intraday Target||1.07|
|Upside Intraday Target||1.23|
|Upside Intraday Target||1.27|
|Downside Intraday Target||1.17|
Weekly technical analysis of Zenith Steel (ZENITHSTL_BE)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|11 Tue May 2021||1.20||1.15||1.20||1.10||6.918 times|
|26 Mon Apr 2021||0.80||0.75||0.85||0.75||0.148 times|
|23 Fri Apr 2021||0.80||0.80||0.85||0.75||1.386 times|
|16 Fri Apr 2021||0.80||0.85||0.85||0.75||0.793 times|
|09 Fri Apr 2021||0.80||0.70||0.85||0.65||2.639 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 Zenith Steel (ZENITHSTL_BE)
|Date||Monthly Closing Price||Open||High||Low||Volume|
|11 Tue May 2021||1.20||1.15||1.20||1.10||0.361 times|
|26 Mon Apr 2021||0.80||0.65||0.85||0.65||1.925 times|
|31 Wed Mar 2021||0.65||1.15||1.15||0.60||66.497 times|
|15 Mon Feb 2021||1.20||1.30||1.30||1.20||0.005 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 Zenith Steel (ZENITHSTL_BE)
|Indicator Name||Indicator Value||Indicator Signal|
|ADX||54, 8, 75||Buy|
Price action analysis of Zenith Steel ( (ZENITHSTL_BE) ) 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 Zenith Steel ( (ZENITHSTL_BE) ) based on a short term time period is
Price action analysis of Zenith Steel ( (ZENITHSTL_BE) ) 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 Zenith Steel ( (ZENITHSTL_BE) ) based on a mid to longer term time period is
ADX buy sell signal for Zenith Steel stock for short term is BUY. Signal strength is Strong and stock is losing momentum.
MACD generated a BUY signal for Zenith Steel in short term and the buy signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Zenith Steel Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! 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 Zenith Steel in short term and BUY signal is strong.
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in positive zone. This is a BUY zone
Stock of Zenith Steel is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 0.94 and Zenith Steel (ZENITHSTL_BE) 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 Zenith Steel (ZENITHSTL_BE) stock. Volume based technical analysis of Zenith Steel (ZENITHSTL_BE) stock is negative.
Zenith Steel 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.