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

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

10 day averaged volume of Steel City is 117450

Date Daily Closing Price Open High Low Volume
17 Fri May 2024 98.35 106.90 106.90 97.05 1.915 times
16 Thu May 2024 104.15 105.65 106.00 103.25 0.298 times
15 Wed May 2024 103.55 106.00 108.80 103.15 0.813 times
14 Tue May 2024 103.35 105.30 105.30 101.40 0.447 times
13 Mon May 2024 104.10 99.10 105.75 97.65 0.642 times

My analysis of stock is bullish for shortterm, and stock might move up till 105.6 or till 114.4. Use a stoploss of 98.25 and if this stock hits its stoploss, then it can fall down till 90.92

Share price targets for Steel City (STEELCITY)

Target Type Value
Downside Target 68.05
Downside Target 72.00
Downside Target 75.35
Downside Target 81.50
Downside Target 85.55
Downside Target 94.10
Downside Target 97.05
Upside Target 105.00
Upside Target 105.80
Upside Target 108.80
Upside Target 109.70

Intraday share price targets for Steel City (STEELCITY)

Target Type Value
Downside Intraday Target 94
Downside Intraday Target 89.65
Upside Intraday Target 105.75
Upside Intraday Target 113.15
Upside Intraday Target 101.4

Weekly technical analysis of Steel City (STEELCITY)

Date Weekly Closing Price Open High Low Volume
17 Fri May 2024 98.35 99.10 108.80 97.05 0.699 times
10 Fri May 2024 100.45 102.50 109.70 96.50 1.183 times
03 Fri May 2024 102.15 98.05 105.00 94.10 0.18 times
26 Fri Apr 2024 97.70 77.85 105.80 76.30 19.711 times
19 Fri Apr 2024 74.75 75.00 77.05 73.15 1.616 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 Steel City (STEELCITY)

Date Monthly Closing Price Open High Low Volume
17 Fri May 2024 98.35 95.00 109.70 95.00 0.415 times
30 Tue Apr 2024 95.70 74.25 105.80 73.15 8.45 times
28 Thu Mar 2024 74.25 80.95 81.50 68.05 0.169 times
29 Thu Feb 2024 80.25 80.20 94.70 75.35 1.476 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 Steel City (STEELCITY)

Indicator Name Indicator Value Indicator Signal
ADX 23, 17, 16 Buy
MACD 10, 11Sell
Stochastics 43None
CCI -80Sell
RSI 54Buy
OBV 1537859Sell
VWAP 103Sell
ADL 0Sell
ROC -4Sell
Force Index 0Sell

Price action analysis of Steel City ( (STEELCITY) ) 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 Steel City ( (STEELCITY) ) 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 Steel City ( (STEELCITY) ) 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 Steel City ( (STEELCITY) ) 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 Steel City stock for short term is BUY. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Steel City in short term but the sell signal is initial and weak.

Steel City 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 coming down

CCI has generated a SELL signal for Steel City in short term and SELL signal is strong!

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 Steel City is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 102.8 and Steel City (STEELCITY) 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 City (STEELCITY) stock. Volume based technical analysis of Steel City (STEELCITY) stock is negative.

Steel City Stock has given negative returns over a short term period. Returns for a longer term period have been positive

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

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