(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)
10 day averaged volume of Modern Steel is 1975
|Date||Daily Closing Price||Open||High||Low||Volume|
|20 Mon Mar 2023||13.59||13.10||13.68||13.10||0.225 times|
|17 Fri Mar 2023||13.37||13.75||14.29||13.16||0.37 times|
|16 Thu Mar 2023||13.75||14.40||14.40||13.20||0.543 times|
|15 Wed Mar 2023||13.89||13.80||13.90||11.55||1.473 times|
|14 Tue Mar 2023||13.50||13.48||13.84||13.20||1.256 times|
|13 Mon Mar 2023||13.48||13.95||13.95||12.75||2.094 times|
|10 Fri Mar 2023||13.95||13.85||14.44||12.01||1.416 times|
|09 Thu Mar 2023||13.97||14.10||14.55||13.51||0.982 times|
|08 Wed Mar 2023||14.21||14.69||14.69||14.10||0.417 times|
|06 Mon Mar 2023||14.23||14.75||14.98||14.10||0.924 times|
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 13.7, but if it comes above 13.7, then a intra day buy could be more profitable.
If you take a sell trade below 13.7, then use 13.7 as stoploss and 13 as target. However if you take a buy trade in stock , then use 13.7 as stoploss and 14.31 as target.
Share price targets for Modern Steel (ModernSteel)
Intraday share price targets for Modern Steel (ModernSteel)
|Downside Intraday Target||13.23|
|Downside Intraday Target||12.88|
|Upside Intraday Target||13.81|
|Upside Intraday Target||14.04|
|Downside Intraday Target||13.46|
Weekly technical analysis of Modern Steel (ModernSteel)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|20 Mon Mar 2023||13.59||13.10||13.68||13.10||0.039 times|
|17 Fri Mar 2023||13.37||13.95||14.40||11.55||1.534 times|
|10 Fri Mar 2023||13.95||14.75||14.98||12.01||1.191 times|
|03 Fri Mar 2023||14.47||15.95||15.95||13.52||1.059 times|
|24 Fri Feb 2023||15.00||15.79||15.99||14.10||0.344 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 Mon Mar 2023||13.59||14.94||14.98||11.55||0.437 times|
|28 Tue Feb 2023||14.93||16.21||19.80||14.10||0.468 times|
|31 Tue Jan 2023||14.86||14.99||19.00||13.35||1.365 times|
|30 Fri Dec 2022||14.45||13.90||15.00||10.63||0.951 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)
|Indicator Name||Indicator Value||Indicator Signal|
|ADX||9, 28, 50||Sell|
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 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 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 Strong and stock is losing momentum.
MACD generated a SELL signal for Modern Steel in short term and the sell signal is strong.
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. 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 moving up
CCI has generated a SELL signal for Modern Steel 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 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 13.78 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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