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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)

10 day averaged volume of Zenith Steel is 49837

Date Daily Closing Price Open High Low Volume
15 Thu Apr 2021 0.80 0.80 0.85 0.75 0.811 times
13 Tue Apr 2021 0.80 0.80 0.85 0.75 0.591 times
12 Mon Apr 2021 0.80 0.85 0.85 0.75 2.132 times
09 Fri Apr 2021 0.80 0.85 0.85 0.80 0.468 times
08 Thu Apr 2021 0.85 0.80 0.85 0.75 1.248 times
07 Wed Apr 2021 0.80 0.75 0.80 0.70 1.114 times
06 Tue Apr 2021 0.75 0.75 0.75 0.70 0.747 times
05 Mon Apr 2021 0.75 0.70 0.75 0.65 1.7 times
01 Thu Apr 2021 0.70 0.65 0.70 0.65 0.35 times
31 Wed Mar 2021 0.65 0.70 0.75 0.65 1.046 times

Share price targets for Zenith Steel (ZENITHSTL_BE)

Target Type Value
Downside Target 0.60
Downside Target 0.65
Downside Target 0.70
Downside Target 0.75
Downside Target 0.80
Upside Target 0.85
Upside Target 0.90
Upside Target 1.00
Upside Target 1.15
Upside Target 1.20
Upside Target 1.30
Upside Target 1.35

Intraday share price targets for Zenith Steel (ZENITHSTL_BE)

Target Type Value
Downside Intraday Target 0.75
Downside Intraday Target 0.7
Upside Intraday Target 0.85
Upside Intraday Target 0.9
Upside Intraday Target 0.8

Weekly technical analysis of Zenith Steel (ZENITHSTL_BE)

Date Weekly Closing Price Open High Low Volume
15 Thu Apr 2021 0.80 0.85 0.85 0.75 0.67 times
09 Fri Apr 2021 0.80 0.70 0.85 0.65 2.639 times
01 Thu Apr 2021 0.70 0.65 0.75 0.60 0.398 times
26 Fri Mar 2021 0.65 0.75 0.75 0.60 3.656 times
19 Fri Mar 2021 0.75 0.90 0.90 0.70 2.813 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
15 Thu Apr 2021 0.80 0.65 0.85 0.65 1.071 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
22 Fri Jan 2021 1.35 0.75 1.35 0.75 2.226 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 50, 10, 67 Buy
MACD -0, -0Buy
Stochastics 78Buy
CCI 56Sell
RSI 58Buy
OBV 117325Sell
VWAP 1Buy
ADL 0Sell
ROC 14Buy
Force Index 0Sell

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 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 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 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 BUY. Signal strength is Strong and stock is losing momentum.

MACD generated a BUY signal for Zenith Steel in short term but the buy signal is initial and weak.

Zenith Steel Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of red color and prices are in or above the red 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 positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 0.78 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 negative.

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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