(ModernSteel) Modern Steel complete technical analysis [charts+indicators] | Buy/Sell Modern Steel | (ModernSteel) share price targets
Complete technical analysis of Modern Steel (ModernSteel) by charts plus indicators, forecast predictions and share price targets for Modern Steel (ModernSteel)
Showing technical analysis as on 2025-02-06 View latest technical analysis
10 day averaged volume of Modern Steel is 2520
| Date | Daily Closing Price | Open | High | Low | Volume |
| 06 Thu Feb 2025 | 16.73 | 16.21 | 16.83 | 16.21 | 0.454 times |
| 05 Wed Feb 2025 | 16.41 | 16.90 | 16.90 | 16.22 | 0.465 times |
| 04 Tue Feb 2025 | 16.22 | 16.50 | 16.85 | 16.05 | 0.793 times |
| 03 Mon Feb 2025 | 16.15 | 16.40 | 17.09 | 16.01 | 0.271 times |
| 31 Fri Jan 2025 | 16.11 | 15.95 | 16.64 | 15.61 | 0.896 times |
| 30 Thu Jan 2025 | 15.95 | 16.33 | 16.33 | 15.55 | 2.295 times |
| 29 Wed Jan 2025 | 16.15 | 15.58 | 16.17 | 15.57 | 0.632 times |
| 28 Tue Jan 2025 | 15.57 | 16.12 | 16.12 | 15.57 | 1.863 times |
| 27 Mon Jan 2025 | 16.38 | 17.14 | 17.49 | 16.13 | 1.161 times |
| 24 Fri Jan 2025 | 16.80 | 17.00 | 17.75 | 16.72 | 1.111 times |
My analysis of stock is bearish for shortterm, and stock might move down till 16.1 or till 15. Use a stoploss of 17.02 and if the stock hits stoploss, then it can shoot up till 17.93
Share price targets for Modern Steel (ModernSteel)
| Target Type | Value |
| Downside Target | 15.55 |
| Downside Target | 16.01 |
| Downside Target | 16.70 |
| Upside Target | 17.09 |
| Upside Target | 17.45 |
| Upside Target | 17.89 |
| Upside Target | 18.50 |
| Upside Target | 19.00 |
| Upside Target | 19.47 |
| Upside Target | 19.51 |
| Upside Target | 20.02 |
| Upside Target | 20.39 |
| Upside Target | 22.00 |
| Upside Target | 23.84 |
Intraday share price targets for Modern Steel (ModernSteel)
| Target Type | Value |
| Downside Intraday Target | 16.13 |
| Downside Intraday Target | 15.53 |
| Upside Intraday Target | 17.21 |
| Upside Intraday Target | 17.69 |
| Downside Intraday Target | 16.61 |
Weekly technical analysis of Modern Steel (ModernSteel)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 06 Thu Feb 2025 | 16.73 | 16.40 | 17.09 | 16.01 | 0.29 times |
| 31 Fri Jan 2025 | 16.11 | 17.14 | 17.49 | 15.55 | 1.691 times |
| 24 Fri Jan 2025 | 16.80 | 18.59 | 18.59 | 16.70 | 0.813 times |
| 17 Fri Jan 2025 | 17.73 | 18.98 | 19.47 | 17.45 | 0.634 times |
| 10 Fri Jan 2025 | 18.61 | 18.65 | 19.50 | 17.89 | 1.841 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 Modern Steel (ModernSteel)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 06 Thu Feb 2025 | 16.73 | 16.40 | 17.09 | 16.01 | 0.074 times |
| 31 Fri Jan 2025 | 16.11 | 19.00 | 20.02 | 15.55 | 1.037 times |
| 31 Tue Dec 2024 | 18.77 | 19.75 | 20.39 | 18.50 | 1.179 times |
| 29 Fri Nov 2024 | 19.75 | 21.50 | 22.00 | 19.00 | 0.355 times |
Scroll below to view daily charts
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 Modern Steel (ModernSteel)
Price action analysis of Modern Steel ( (ModernSteel) ) 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 Modern Steel ( (ModernSteel) ) 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 Modern Steel ( (ModernSteel) ) 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 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.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Modern Steel 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 weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a buy signal for Modern Steel in short term and BUY 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
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 16.14 and Modern Steel (ModernSteel) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is falling down
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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
Price action analysis of Modern Steel ( (ModernSteel) ) 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 Modern Steel ( (ModernSteel) ) 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 Modern Steel ( (ModernSteel) ) 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 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.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Modern Steel 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 weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a buy signal for Modern Steel in short term and BUY 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
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 16.14 and Modern Steel (ModernSteel) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is falling down
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 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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