(STEELCAS) Steelcast complete technical analysis [charts+indicators] | Buy/Sell Steelcast | (STEELCAS) share price targets
Complete technical analysis of Steelcast (STEELCAS) by charts plus indicators, forecast predictions and share price targets for Steelcast (STEELCAS)
10 day averaged volume of Steelcast is 11060
| Date | Daily Closing Price | Open | High | Low | Volume |
| 22 Wed May 2024 | 651.25 | 654.95 | 659.00 | 646.55 | 0.754 times |
| 21 Tue May 2024 | 651.95 | 667.55 | 672.90 | 648.80 | 0.842 times |
| 20 Mon May 2024 | 667.20 | 673.15 | 695.00 | 655.30 | 0.126 times |
| 17 Fri May 2024 | 663.25 | 662.90 | 672.50 | 657.95 | 0.555 times |
| 16 Thu May 2024 | 659.40 | 666.00 | 673.05 | 656.15 | 0.69 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 652.4, but if it comes above 652.4, then a intra day buy could be more profitable.
If you take a sell trade below 652.4, then use 652.4 as stoploss and 643.8 as target. However if you take a buy trade in stock , then use 652.4 as stoploss and 659.53 as target.
Share price targets for Steelcast (STEELCAS)
| Target Type | Value |
| Downside Target | 590.00 |
| Downside Target | 611.00 |
| Downside Target | 635.65 |
| Upside Target | 661.60 |
| Upside Target | 676.85 |
| Upside Target | 680.10 |
| Upside Target | 695.00 |
| Upside Target | 698.70 |
| Upside Target | 725.00 |
Intraday share price targets for Steelcast (STEELCAS)
| Target Type | Value |
| Downside Intraday Target | 633.53 |
| Downside Intraday Target | 615.82 |
| Upside Intraday Target | 681.98 |
| Upside Intraday Target | 712.72 |
| Upside Intraday Target | 664.27 |
Weekly technical analysis of Steelcast (STEELCAS)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 22 Wed May 2024 | 651.25 | 673.15 | 695.00 | 646.55 | 0.336 times |
| 17 Fri May 2024 | 663.25 | 671.00 | 674.65 | 648.15 | 0.632 times |
| 10 Fri May 2024 | 670.65 | 675.00 | 680.10 | 642.50 | 2.902 times |
| 03 Fri May 2024 | 660.30 | 666.00 | 676.85 | 642.00 | 0.569 times |
| 26 Fri Apr 2024 | 662.55 | 648.60 | 695.00 | 635.65 | 1.337 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 Steelcast (STEELCAS)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 22 Wed May 2024 | 651.25 | 666.80 | 695.00 | 642.00 | 0.751 times |
| 30 Tue Apr 2024 | 663.35 | 665.95 | 695.00 | 611.25 | 1.122 times |
| 28 Thu Mar 2024 | 653.90 | 655.45 | 661.60 | 590.00 | 0.405 times |
| 29 Thu Feb 2024 | 652.20 | 675.05 | 698.70 | 615.55 | 0.67 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 Steelcast (STEELCAS)
| Indicator Name | Indicator Value | Indicator Signal |
| ADX | 19, 12, 21 | Buy |
| MACD | 4, 6 | Sell |
| Stochastics | 23 | Sell |
| CCI | -165 | Sell |
| RSI | 50 | Sell |
| OBV | 4183 | Sell |
| VWAP | 661 | Sell |
| ADL | 0 | Sell |
| ROC | -3 | Sell |
| Force Index | 0 | Sell |
Price action analysis of Steelcast ( (STEELCAS) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Steelcast ( (STEELCAS) ) 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 Steelcast ( (STEELCAS) ) based on a short to mid 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 Steelcast ( (STEELCAS) ) 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 Steelcast stock for short term is BUY. Signal strength is Strong and stock is losing momentum.
MACD generated a SELL signal for Steelcast in short term but the sell signal is initial and weak.
Steelcast 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 in or above the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Steelcast in short term and SELL signal is strong!
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Steelcast is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 661.04 and Steelcast (STEELCAS) 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 Steelcast (STEELCAS) stock. Volume based technical analysis of Steelcast (STEELCAS) stock is negative.
Steelcast 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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