(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)
Showing technical analysis as on 2024-01-25 View latest technical analysis
10 day averaged volume of Zenith Steel is 91289
Date | Daily Closing Price | Open | High | Low | Volume |
25 Thu Jan 2024 | 6.65 | 6.65 | 6.65 | 6.45 | 1.099 times |
24 Wed Jan 2024 | 6.55 | 6.70 | 6.70 | 6.55 | 1.273 times |
23 Tue Jan 2024 | 6.65 | 6.80 | 6.85 | 6.65 | 1.109 times |
22 Mon Jan 2024 | 6.75 | 6.80 | 6.80 | 6.75 | 0.659 times |
19 Fri Jan 2024 | 6.85 | 6.90 | 6.90 | 6.85 | 1.066 times |
18 Thu Jan 2024 | 6.95 | 7.00 | 7.00 | 6.95 | 0.696 times |
17 Wed Jan 2024 | 7.00 | 7.00 | 7.00 | 7.00 | 0.871 times |
16 Tue Jan 2024 | 6.95 | 6.95 | 6.95 | 6.95 | 1.002 times |
15 Mon Jan 2024 | 6.85 | 6.75 | 6.85 | 6.75 | 0.59 times |
12 Fri Jan 2024 | 6.75 | 6.60 | 6.75 | 6.60 | 1.919 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 6.6 as stoploss in an intra day buy trade for a target of 7. However, stock will show a bearish move below 6.6.
Share price targets for Zenith Steel (ZENITHSTL_BE)
Target Type | Value |
Downside Target | 3.85 |
Downside Target | 4.10 |
Downside Target | 4.95 |
Downside Target | 5.40 |
Downside Target | 5.55 |
Downside Target | 6.45 |
Upside Target | 6.75 |
Upside Target | 7.10 |
Upside Target | 7.20 |
Upside Target | 7.70 |
Upside Target | 7.85 |
Intraday share price targets for Zenith Steel (ZENITHSTL_BE)
Target Type | Value |
Downside Intraday Target | 6.45 |
Downside Intraday Target | 6.25 |
Upside Intraday Target | 6.85 |
Upside Intraday Target | 7.05 |
Upside Intraday Target | 6.65 |
Weekly technical analysis of Zenith Steel (ZENITHSTL_BE)
Date | Weekly Closing Price | Open | High | Low | Volume |
25 Thu Jan 2024 | 6.65 | 6.80 | 6.85 | 6.45 | 0.98 times |
19 Fri Jan 2024 | 6.85 | 6.75 | 7.00 | 6.75 | 0.7 times |
12 Fri Jan 2024 | 6.75 | 7.10 | 7.10 | 6.60 | 0.985 times |
05 Fri Jan 2024 | 7.10 | 7.70 | 7.70 | 7.10 | 0.399 times |
29 Fri Dec 2023 | 7.85 | 6.85 | 7.85 | 6.55 | 0.651 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_BE)
Date | Monthly Closing Price | Open | High | Low | Volume |
25 Thu Jan 2024 | 6.65 | 7.70 | 7.70 | 6.45 | 0.425 times |
29 Fri Dec 2023 | 7.85 | 6.15 | 7.85 | 5.55 | 1.223 times |
30 Thu Nov 2023 | 6.25 | 6.05 | 7.20 | 5.40 | 0.748 times |
31 Tue Oct 2023 | 5.95 | 6.90 | 6.90 | 4.95 | 4.929 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_BE)
Price action analysis of Zenith Steel ( (ZENITHSTL_BE) ) 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 Zenith Steel ( (ZENITHSTL_BE) ) 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 Zenith Steel ( (ZENITHSTL_BE) ) 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_BE) ) based on a mid to longer 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.
ADX buy sell signal for Zenith Steel stock for short term is SELL. 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 is trading near its recent LOWS in short term which reflects strong selling momentum. Bears 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 moving up
CCI has generated a SELL signal for Zenith Steel in short term and SELL signal is strong!
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 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 6.77 and Zenith Steel (ZENITHSTL_BE) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
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 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_BE) ) 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 Zenith Steel ( (ZENITHSTL_BE) ) 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 Zenith Steel ( (ZENITHSTL_BE) ) 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_BE) ) based on a mid to longer 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.
ADX buy sell signal for Zenith Steel stock for short term is SELL. 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 is trading near its recent LOWS in short term which reflects strong selling momentum. Bears 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 moving up
CCI has generated a SELL signal for Zenith Steel in short term and SELL signal is strong!
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 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 6.77 and Zenith Steel (ZENITHSTL_BE) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
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 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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