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

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

10 day averaged volume of Srusteels is 968142

Date Daily Closing Price Open High Low Volume
19 Tue Nov 2024 7.35 7.25 7.36 7.25 1.51 times
18 Mon Nov 2024 7.24 7.12 7.25 7.12 3.222 times
14 Thu Nov 2024 7.26 7.05 7.26 7.05 1.857 times
13 Wed Nov 2024 7.18 7.18 7.18 7.18 0.868 times
12 Tue Nov 2024 7.32 7.32 7.32 7.32 0.172 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 7.5 as stoploss in an intra day sell trade for a target of 6.97. However, stock will show a bullish move above 7.5.

Share price targets for Srusteels (Srusteels)

Target Type Value
Downside Target 5.71
Downside Target 6.11
Downside Target 6.62
Downside Target 6.85
Downside Target 7.05
Upside Target 7.36
Upside Target 7.62
Upside Target 7.93
Upside Target 8.97
Upside Target 9.30
Upside Target 9.80
Upside Target 11.30
Upside Target 13.65
Upside Target 15.20

Intraday share price targets for Srusteels (Srusteels)

Target Type Value
Downside Intraday Target 7.19
Downside Intraday Target 7.04
Upside Intraday Target 7.43
Upside Intraday Target 7.52
Downside Intraday Target 7.28

Weekly technical analysis of Srusteels (Srusteels)

Date Weekly Closing Price Open High Low Volume
19 Tue Nov 2024 7.35 7.12 7.36 7.12 1.607 times
14 Thu Nov 2024 7.26 7.46 7.46 7.05 0.877 times
08 Fri Nov 2024 7.61 7.14 8.00 6.85 0.399 times
01 Fri Nov 2024 6.88 6.49 6.88 6.11 0.346 times
25 Fri Oct 2024 6.43 7.62 7.62 5.71 0.46 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 Srusteels (Srusteels)

Date Monthly Closing Price Open High Low Volume
19 Tue Nov 2024 7.35 6.69 8.00 6.62 0.122 times
31 Thu Oct 2024 6.56 9.80 9.80 5.71 5.495 times
30 Mon Sep 2024 9.59 10.21 15.20 8.97 5.156 times
30 Fri Aug 2024 10.75 11.11 11.30 7.93 0.472 times

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 Srusteels (Srusteels)

Indicator Name Indicator Value Indicator Signal
ADX 24, 27, 5 Sell
MACD -1, -1Buy
Stochastics 38None
CCI -28Buy
RSI 47Sell
OBV -6117179Sell
VWAP 7Sell
ADL 0Sell
ROC 2Buy
Force Index 0Sell

Price action analysis of Srusteels ( (Srusteels) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Srusteels ( (Srusteels) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Srusteels ( (Srusteels) ) 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 Srusteels ( (Srusteels) ) 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 Srusteels stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

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

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Srusteels Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears 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 Srusteels 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 Srusteels is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 7.35 and Srusteels (Srusteels) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.

People seem to be coming out and selling the Srusteels (Srusteels) stock. Volume based technical analysis of Srusteels (Srusteels) stock is negative.

Srusteels 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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