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(ModernSteel) Modern Steel Weekly charts technical analysis

(ModernSteel) Modern Steel Weekly charts technical analysis Weekly analysis of Modern Steel | Buy/Sell Modern Steel

10 day averaged volume of Modern Steel is 1749

Date Closing Price Open High Low Volume
24 Fri Sep 2021 3.85 4.16 4.16 3.66 0.003 Mn
17 Fri Sep 2021 3.98 3.80 4.15 3.61 0.013 Mn
09 Thu Sep 2021 3.99 4.20 4.20 3.80 0.004 Mn
02 Thu Sep 2021 4.00 3.87 4.05 3.66 0.002 Mn
27 Fri Aug 2021 3.87 4.55 4.55 3.87 0.001 Mn
12 Thu Aug 2021 4.35 4.08 4.65 4.08 0.004 Mn
06 Fri Aug 2021 4.29 4.02 4.29 3.71 0.012 Mn
30 Fri Jul 2021 4.18 4.28 4.70 4.01 0.008 Mn
23 Fri Jul 2021 4.50 4.36 4.57 4.36 0.009 Mn
15 Thu Jul 2021 4.35 4.11 4.48 3.90 0.019 Mn

Indicators analysis of Modern Steel (ModernSteel)

Price action analysis of Modern Steel ( (ModernSteel) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Modern Steel ( (ModernSteel) ) 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 Modern Steel ( (ModernSteel) ) based on a short to mid 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 Modern Steel ( (ModernSteel) ) 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 Modern Steel stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

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

Modern Steel 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 Modern Steel 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 positive zone. This is a BUY zone

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 4.23 and Modern Steel (ModernSteel) 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 Modern Steel (ModernSteel) stock. Volume based technical analysis of Modern Steel (ModernSteel) stock is negative.

Modern Steel 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.

Weekly charts

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

Weekly chart
Indicator Name Indicator Value Indicator Signal
ADX 20, 20, 0 Sell
MACD -0, -0Buy
Stochastics 29Sell
CCI -91Sell
RSI 47Sell
OBV 102029Sell
VWAP 4Sell
ADL 0Sell
ROC -6Sell
Force Index 0Sell

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