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(SteelExch) Steel Exch complete technical analysis [charts+indicators] | Buy/Sell Steel Exch | (SteelExch) share price targets

Complete technical analysis of Steel Exch (SteelExch) by charts plus indicators, forecast predictions and share price targets for Steel Exch (SteelExch)

10 day averaged volume of Steel Exch is 297379

Date Daily Closing Price Open High Low Volume
19 Tue Nov 2024 10.26 10.29 10.46 10.18 0.877 times
18 Mon Nov 2024 10.20 10.28 10.34 10.09 1.237 times
14 Thu Nov 2024 10.15 10.21 10.32 10.09 1.005 times
13 Wed Nov 2024 10.14 10.75 10.81 10.10 1.52 times
12 Tue Nov 2024 10.62 10.98 10.98 10.59 0.663 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 10.5, but if it comes above 10.5, then a intra day buy could be more profitable.
If you take a sell trade below 10.5, then use 10.5 as stoploss and 9.9 as target. However if you take a buy trade in stock , then use 10.5 as stoploss and 10.96 as target.

Share price targets for Steel Exch (SteelExch)

Target Type Value
Downside Target 10.09
Upside Target 10.45
Upside Target 10.95
Upside Target 11.18
Upside Target 11.90
Upside Target 12.19
Upside Target 12.54
Upside Target 12.68
Upside Target 12.75
Upside Target 13.02
Upside Target 14.15
Upside Target 14.84
Upside Target 15.80

Intraday share price targets for Steel Exch (SteelExch)

Target Type Value
Downside Intraday Target 10.08
Downside Intraday Target 9.9
Upside Intraday Target 10.45
Upside Intraday Target 10.64
Upside Intraday Target 10.27

Weekly technical analysis of Steel Exch (SteelExch)

Date Weekly Closing Price Open High Low Volume
19 Tue Nov 2024 10.26 10.28 10.46 10.09 0.55 times
14 Thu Nov 2024 10.15 11.18 11.18 10.09 0.867 times
08 Fri Nov 2024 11.00 11.75 11.95 10.95 1.157 times
01 Fri Nov 2024 11.72 10.88 11.90 10.56 0.608 times
25 Fri Oct 2024 10.66 12.11 12.19 10.45 0.655 times

Price has moved up 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 Steel Exch (SteelExch)

Date Monthly Closing Price Open High Low Volume
19 Tue Nov 2024 10.26 11.81 11.95 10.09 0.342 times
31 Thu Oct 2024 11.49 12.86 13.02 10.45 0.938 times
30 Mon Sep 2024 12.85 13.82 14.15 12.75 0.665 times
30 Fri Aug 2024 13.96 14.79 14.84 12.68 0.574 times

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 Steel Exch (SteelExch)

Indicator Name Indicator Value Indicator Signal
ADX 14, 31, 37 Sell
MACD -1, -1Sell
Stochastics 7Sell
CCI -76Buy
RSI 37Sell
OBV -44948Sell
VWAP 11Sell
ADL 0Sell
ROC -9Sell
Force Index 0Sell

Price action analysis of Steel Exch ( (SteelExch) ) 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 Steel Exch ( (SteelExch) ) 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 Steel Exch ( (SteelExch) ) 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 Steel Exch ( (SteelExch) ) 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 Steel Exch stock for short term is SELL. Signal strength is Strong and stock is losing momentum.

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

Steel Exch Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

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 Steel Exch in short term but BUY signal is weak.

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Steel Exch is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 10.65 and Steel Exch (SteelExch) 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 Steel Exch (SteelExch) stock. Volume based technical analysis of Steel Exch (SteelExch) stock is negative.

Steel Exch 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.

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