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(Steelcast) Steelcast complete technical analysis [charts+indicators] | Buy/Sell Steelcast | (Steelcast) share price targets

Complete technical analysis of Steelcast (Steelcast) by charts plus indicators, forecast predictions and share price targets for Steelcast (Steelcast)

10 day averaged volume of Steelcast is 2305

Date Daily Closing Price Open High Low Volume
01 Wed Feb 2023 494.15 482.95 508.00 461.90 0.401 times
31 Tue Jan 2023 470.60 462.30 475.05 459.00 0.227 times
30 Mon Jan 2023 458.90 481.40 481.40 457.30 0.625 times
27 Fri Jan 2023 469.05 501.35 501.35 458.65 1.01 times
25 Wed Jan 2023 490.40 492.40 498.00 482.00 0.807 times
24 Tue Jan 2023 492.35 505.15 524.35 489.10 2.844 times
23 Mon Jan 2023 484.15 482.90 489.95 472.05 0.948 times
20 Fri Jan 2023 486.70 471.55 496.00 465.25 1.546 times
19 Thu Jan 2023 469.75 459.60 476.10 455.00 0.762 times
18 Wed Jan 2023 460.00 471.20 471.30 456.05 0.706 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 487.6, but if it comes below 487.6, then a intra day sell could be more profitable.
If you take a sell trade below 487.6, then use 487.6 as stoploss and 476.74 as target. However if you take a buy trade in stock , then use 487.6 as stoploss and 500.7 as target.

Share price targets for Steelcast (Steelcast)

Target Type Value
Downside Target 410.00
Downside Target 431.95
Downside Target 450.30
Downside Target 479.90
Upside Target 496.95
Upside Target 499.85
Upside Target 505.00
Upside Target 508.00
Upside Target 524.35
Upside Target 560.70

Intraday share price targets for Steelcast (Steelcast)

Target Type Value
Downside Intraday Target 464.97
Downside Intraday Target 435.78
Upside Intraday Target 515.67
Upside Intraday Target 537.18
Downside Intraday Target 486.48

Weekly technical analysis of Steelcast (Steelcast)

Date Weekly Closing Price Open High Low Volume
01 Wed Feb 2023 494.15 481.40 508.00 457.30 0.224 times
27 Fri Jan 2023 469.05 482.90 524.35 458.65 1.386 times
20 Fri Jan 2023 486.70 496.95 496.95 455.00 1.409 times
13 Fri Jan 2023 469.55 478.90 484.90 458.95 0.515 times
06 Fri Jan 2023 463.75 463.35 505.00 450.30 0.863 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 Steelcast (Steelcast)

Date Monthly Closing Price Open High Low Volume
01 Wed Feb 2023 494.15 482.95 508.00 461.90 0.021 times
31 Tue Jan 2023 470.60 463.35 524.35 450.30 0.475 times
30 Fri Dec 2022 454.25 441.95 560.70 431.95 3.075 times
30 Wed Nov 2022 438.85 448.15 479.90 416.00 0.869 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 Steelcast (Steelcast)

Indicator Name Indicator Value Indicator Signal
ADX 31, 16, 34 Buy
MACD 4, 3Buy
Stochastics 28Sell
CCI 61Buy
RSI 59Buy
OBV -5695Sell
VWAP 482Buy
ADL 0Sell
ROC 5Buy
Force Index 0Sell

Price action analysis of Steelcast ( (Steelcast) ) 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 Steelcast ( (Steelcast) ) 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 Steelcast ( (Steelcast) ) based on a short to mid 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 Steelcast ( (Steelcast) ) based on a mid to longer 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.

ADX buy sell signal for Steelcast stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Steelcast in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Steelcast Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls 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 buy signal for Steelcast in short term and BUY signal is strong.

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in negative zone. This is the SELL zone

Stock of Steelcast is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 481.54 and Steelcast (Steelcast) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

People seem to be coming out and selling the Steelcast (Steelcast) stock. Volume based technical analysis of Steelcast (Steelcast) stock is negative.

Steelcast 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.

Click here for Steelcast charts

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Daily charts

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Daily chart

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