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(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 2025-07-03 View latest technical analysis

10 day averaged volume of Zenith Steel is 90494

Date	Daily Closing Price	Open	High	Low	Volume
03 Thu Jul 2025	8.04	8.01	8.21	7.96	0.809 times
02 Wed Jul 2025	8.11	8.23	8.30	8.00	0.793 times
01 Tue Jul 2025	8.11	8.50	8.50	8.06	1.153 times
30 Mon Jun 2025	8.31	8.38	8.65	8.05	1.86 times
27 Fri Jun 2025	8.38	8.56	8.70	8.27	0.865 times
26 Thu Jun 2025	8.56	8.60	8.90	8.27	0.775 times
30 Mon Dec 2024	8.03	7.99	8.28	7.95	0.794 times
27 Fri Dec 2024	7.99	8.20	8.22	7.92	0.498 times
26 Thu Dec 2024	8.09	8.02	8.35	7.93	1.254 times
24 Tue Dec 2024	8.02	8.29	8.29	7.76	0.824 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 8.1, but if it comes above 8.1, then a intra day buy could be more profitable.
If you take a sell trade below 8.1, then use 8.1 as stoploss and 7.7 as target. However if you take a buy trade in stock , then use 8.1 as stoploss and 8.44 as target.

Share price targets for Zenith Steel (ZENITHSTL_BE)

Target Type	Value
Downside Target	7.76
Downside Target	7.95
Upside Target	8.45
Upside Target	8.79
Upside Target	8.90
Upside Target	9.17
Upside Target	9.26
Upside Target	9.66
Upside Target	10.34

Intraday share price targets for Zenith Steel (ZENITHSTL_BE)

Target Type	Value
Downside Intraday Target	7.78
Downside Intraday Target	7.53
Upside Intraday Target	8.47
Upside Intraday Target	8.91
Upside Intraday Target	8.22

Weekly technical analysis of Zenith Steel (ZENITHSTL_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
03 Thu Jul 2025	8.04	8.38	8.65	7.96	1.897 times
27 Fri Jun 2025	8.38	7.99	8.90	7.95	0.647 times
27 Fri Dec 2024	7.99	8.76	8.77	7.76	1.2 times
20 Fri Dec 2024	8.54	9.11	9.26	8.45	0.86 times
13 Fri Dec 2024	8.72	9.15	9.17	8.52	0.679 times

Price has moved down 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
03 Thu Jul 2025	8.04	8.50	8.50	7.96	0.787 times
30 Mon Jun 2025	8.31	8.60	8.90	8.05	0.21 times
30 Mon Dec 2024	8.03	9.17	9.26	7.76	0.709 times
29 Fri Nov 2024	9.04	9.55	9.66	8.00	1.061 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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 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 SELL. Signal strength is Weak and stock is gaining momentum.

MACD generated a SELL signal for Zenith Steel in short term and the sell signal is strong.

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 red color and prices are below the red cloud Prices appear to be coming down

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 and the buying is gaining 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 8.18 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 negative.

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