Mobile app version of munafa.co.com
Login or Join
 Learn then Earn

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 1397

Date Daily Closing Price Open High Low Volume
06 Tue Dec 2022 436.35 451.50 452.00 432.30 0.929 times
05 Mon Dec 2022 446.80 434.60 450.45 434.60 1.391 times
02 Fri Dec 2022 437.20 439.00 439.45 434.10 0.543 times
01 Thu Dec 2022 439.00 441.95 441.95 437.50 0.961 times
30 Wed Nov 2022 438.85 438.05 440.85 436.10 0.779 times
29 Tue Nov 2022 432.75 441.50 441.95 431.00 4.42 times
28 Mon Nov 2022 438.55 441.40 442.60 434.45 0.417 times
25 Fri Nov 2022 440.95 431.65 440.95 426.95 0.045 times
24 Thu Nov 2022 440.15 442.10 445.25 438.10 0.36 times
23 Wed Nov 2022 445.60 451.10 451.15 434.45 0.462 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 436.9, but if it comes above 436.9, then a intra day buy could be more profitable.
If you take a sell trade below 436.9, then use 436.9 as stoploss and 426.7 as target. However if you take a buy trade in stock , then use 436.9 as stoploss and 445.38 as target.

Share price targets for Steelcast (Steelcast)

Target Type Value
Downside Target 407.45
Downside Target 426.95
Upside Target 452.00
Upside Target 459.50
Upside Target 468.00
Upside Target 470.00
Upside Target 479.90
Upside Target 499.85
Upside Target 509.00

Intraday share price targets for Steelcast (Steelcast)

Target Type Value
Downside Intraday Target 428.43
Downside Intraday Target 420.52
Upside Intraday Target 448.13
Upside Intraday Target 459.92
Upside Intraday Target 440.22

Weekly technical analysis of Steelcast (Steelcast)

Date Weekly Closing Price Open High Low Volume
06 Tue Dec 2022 436.35 434.60 452.00 432.30 0.326 times
02 Fri Dec 2022 437.20 441.40 442.60 431.00 3.796 times
25 Fri Nov 2022 440.95 440.80 459.50 426.95 0.467 times
18 Fri Nov 2022 442.20 461.15 479.90 416.00 1.236 times
11 Fri Nov 2022 461.45 464.90 470.00 436.00 0.389 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 Steelcast (Steelcast)

Date Monthly Closing Price Open High Low Volume
06 Tue Dec 2022 436.35 441.95 452.00 432.30 0.178 times
30 Wed Nov 2022 438.85 448.15 479.90 416.00 0.869 times
31 Mon Oct 2022 448.10 427.45 499.85 410.00 0.809 times
30 Fri Sep 2022 429.85 431.75 468.00 410.80 0.812 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 Steelcast (Steelcast)

Indicator Name Indicator Value Indicator Signal
ADX 18, 22, 11 Sell
MACD -3, -2Sell
Stochastics 43None
CCI 23Sell
RSI 43Sell
OBV -4487Sell
VWAP 437Sell
ADL 0Sell
ROC -4Sell
Force Index 0Sell

Price action analysis of Steelcast ( (Steelcast) ) 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 Steelcast ( (Steelcast) ) 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 Steelcast ( (Steelcast) ) 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 Steelcast ( (Steelcast) ) based on a mid to longer term time period is

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

MACD generated a SELL signal for Steelcast in short term and the sell signal is strong.

Steelcast 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 coming down

CCI has generated a SELL signal for Steelcast in short term but SELL signal is weak.

RSI is generating a SELL signal in short term and selling is picking up 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 Steelcast is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 437.35 and Steelcast (Steelcast) 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 Steelcast (Steelcast) stock. Volume based technical analysis of Steelcast (Steelcast) stock is negative.

Steelcast 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.

Click here for Steelcast charts

Click here for further forecast and predictions for tomorrow

Daily charts

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

Daily chart

Daily analysis, news, Munafa stocks list in email:

Back to top | Use Dark Theme