(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 2025-02-20 View latest technical analysis
10 day averaged volume of Modern Steel is 2877
| Date | Daily Closing Price | Open | High | Low | Volume |
| 20 Thu Feb 2025 | 15.50 | 17.34 | 17.34 | 15.07 | 0.525 times |
| 19 Wed Feb 2025 | 15.78 | 17.00 | 17.00 | 14.25 | 0.344 times |
| 18 Tue Feb 2025 | 15.50 | 15.58 | 15.65 | 14.80 | 0.14 times |
| 17 Mon Feb 2025 | 15.90 | 16.39 | 16.39 | 14.63 | 1.012 times |
| 14 Fri Feb 2025 | 15.47 | 14.71 | 15.99 | 14.71 | 0.637 times |
| 13 Thu Feb 2025 | 15.90 | 15.73 | 16.49 | 14.26 | 1.786 times |
| 12 Wed Feb 2025 | 15.08 | 16.93 | 16.93 | 14.86 | 3.687 times |
| 11 Tue Feb 2025 | 16.51 | 16.70 | 16.70 | 15.31 | 1.041 times |
| 10 Mon Feb 2025 | 16.43 | 16.28 | 16.80 | 16.11 | 0.312 times |
| 07 Fri Feb 2025 | 16.61 | 16.90 | 16.93 | 16.32 | 0.644 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 15.6, but if it comes above 15.6, then a intra day buy could be more profitable.
If you take a sell trade below 15.6, then use 15.6 as stoploss and 15 as target. However if you take a buy trade in stock , then use 15.6 as stoploss and 16.06 as target.
Share price targets for Modern Steel (ModernSteel)
| Target Type | Value |
| Downside Target | 14.25 |
| Upside Target | 15.55 |
| Upside Target | 16.01 |
| Upside Target | 16.70 |
| Upside Target | 18.50 |
| Upside Target | 18.59 |
| Upside Target | 19.00 |
| 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 | 14.05 |
| Downside Intraday Target | 12.61 |
| Upside Intraday Target | 17.14 |
| Upside Intraday Target | 18.79 |
| Upside Intraday Target | 15.7 |
Weekly technical analysis of Modern Steel (ModernSteel)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 20 Thu Feb 2025 | 15.50 | 16.39 | 17.34 | 14.25 | 0.271 times |
| 14 Fri Feb 2025 | 15.47 | 16.28 | 16.93 | 14.26 | 3.134 times |
| 07 Fri Feb 2025 | 16.61 | 16.40 | 17.09 | 16.01 | 0.397 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 |
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 |
| 20 Thu Feb 2025 | 15.50 | 16.40 | 17.34 | 14.25 | 0.502 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 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 Modern Steel (ModernSteel)
Price action analysis of Modern Steel ( (ModernSteel) ) 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 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 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 BUY. Signal strength is Strong and stock is gaining 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 getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
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
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Modern Steel is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 15.67 and Modern Steel (ModernSteel) 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 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 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 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 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 BUY. Signal strength is Strong and stock is gaining 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 getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
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
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Modern Steel is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 15.67 and Modern Steel (ModernSteel) 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 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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