(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 2025-05-23 View latest technical analysis
10 day averaged volume of Modern Steel is 5212
| Date | Daily Closing Price | Open | High | Low | Volume |
| 23 Fri May 2025 | 15.86 | 15.88 | 15.95 | 15.32 | 1.973 times |
| 22 Thu May 2025 | 16.20 | 16.10 | 16.30 | 15.28 | 0.665 times |
| 21 Wed May 2025 | 16.00 | 16.48 | 16.48 | 15.93 | 0.418 times |
| 20 Tue May 2025 | 16.08 | 16.18 | 16.18 | 15.93 | 0.785 times |
| 19 Mon May 2025 | 16.18 | 16.50 | 16.50 | 15.93 | 0.533 times |
| 16 Fri May 2025 | 15.93 | 16.05 | 16.40 | 15.60 | 0.561 times |
| 15 Thu May 2025 | 16.05 | 16.90 | 16.90 | 15.20 | 1.942 times |
| 14 Wed May 2025 | 16.02 | 16.41 | 16.41 | 15.75 | 0.343 times |
| 13 Tue May 2025 | 15.95 | 15.97 | 16.50 | 14.25 | 2.18 times |
| 12 Mon May 2025 | 15.40 | 15.39 | 15.70 | 14.00 | 1.46 times |
My analysis of stock is bearish for shortterm, and stock might move down till 15.5 or till 15.1. Use a stoploss of 15.88 and if the stock hits stoploss, then it can shoot up till 16.26
Share price targets for Modern Steel (ModernSteel)
| Target Type | Value |
| Downside Target | 13.21 |
| Downside Target | 13.76 |
| Downside Target | 15.20 |
| Upside Target | 16.50 |
| Upside Target | 16.90 |
| Upside Target | 16.92 |
| Upside Target | 17.34 |
| Upside Target | 17.60 |
| Upside Target | 18.40 |
| Upside Target | 18.56 |
| Upside Target | 20.02 |
Intraday share price targets for Modern Steel (ModernSteel)
| Target Type | Value |
| Downside Intraday Target | 15.26 |
| Downside Intraday Target | 14.66 |
| Upside Intraday Target | 16.48 |
| Upside Intraday Target | 17.1 |
| Upside Intraday Target | 15.88 |
Weekly technical analysis of Modern Steel (ModernSteel)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 23 Fri May 2025 | 15.86 | 16.50 | 16.50 | 15.28 | 0.674 times |
| 16 Fri May 2025 | 15.93 | 15.39 | 16.90 | 14.00 | 1.637 times |
| 09 Fri May 2025 | 15.09 | 16.60 | 16.60 | 13.21 | 1.981 times |
| 02 Fri May 2025 | 16.27 | 16.55 | 16.92 | 15.20 | 1.002 times |
| 25 Fri Apr 2025 | 15.79 | 16.00 | 18.40 | 15.50 | 0.458 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 Modern Steel (ModernSteel)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 23 Fri May 2025 | 15.86 | 16.70 | 16.90 | 13.21 | 1.563 times |
| 30 Wed Apr 2025 | 15.64 | 15.93 | 18.56 | 14.51 | 0.96 times |
| 28 Fri Mar 2025 | 15.09 | 14.60 | 17.60 | 13.76 | 1.289 times |
| 28 Fri Feb 2025 | 14.78 | 16.40 | 17.34 | 14.25 | 0.598 times |
Scroll below to view daily charts
Price has moved up this month, and volume has increased substantially. This means that the move can 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 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 Modern Steel ( (ModernSteel) ) 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 Modern Steel ( (ModernSteel) ) based on a short to mid 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 Modern Steel ( (ModernSteel) ) based on a mid to longer 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.
ADX buy sell signal for Modern Steel stock for short term is SELL. Signal strength is Strong 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 HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
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 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 15.92 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 is giving positive 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 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 Modern Steel ( (ModernSteel) ) 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 Modern Steel ( (ModernSteel) ) based on a short to mid 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 Modern Steel ( (ModernSteel) ) based on a mid to longer 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.
ADX buy sell signal for Modern Steel stock for short term is SELL. Signal strength is Strong 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 HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
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 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 15.92 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 is giving positive 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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