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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)

Showing technical analysis as on 2022-05-16 View latest technical analysis

10 day averaged volume of Steelcast is 888

Date Daily Closing Price Open High Low Volume
16 Mon May 2022 310.25 321.65 321.65 304.65 0.163 times
13 Fri May 2022 322.95 311.85 322.95 311.85 0.258 times
12 Thu May 2022 305.05 318.10 323.00 305.05 0.046 times
11 Wed May 2022 320.00 321.85 323.50 320.00 0.622 times
10 Tue May 2022 324.60 327.55 331.95 324.60 0.559 times
09 Mon May 2022 330.85 326.60 335.20 324.25 0.346 times
06 Fri May 2022 325.10 320.10 341.75 319.20 0.909 times
05 Thu May 2022 335.80 346.80 349.90 329.75 2.307 times
04 Wed May 2022 333.40 360.10 360.10 317.00 4.44 times
02 Mon May 2022 376.90 362.55 377.90 357.50 0.158 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 323.8, but if it comes above 323.8, then a intra day buy could be more profitable.
If you take a sell trade below 323.8, then use 323.8 as stoploss and 298.3 as target. However if you take a buy trade in stock , then use 323.8 as stoploss and 344.95 as target.

Share price targets for Steelcast (Steelcast)

Target Type Value
Downside Target 254.95
Downside Target 261.70
Downside Target 275.00
Downside Target 304.65
Upside Target 315.15
Upside Target 335.20
Upside Target 354.45
Upside Target 354.80
Upside Target 366.75
Upside Target 377.90
Upside Target 390.00

Intraday share price targets for Steelcast (Steelcast)

Target Type Value
Downside Intraday Target 302.72
Downside Intraday Target 295.18
Upside Intraday Target 319.72
Upside Intraday Target 329.18
Upside Intraday Target 312.18

Weekly technical analysis of Steelcast (Steelcast)

Date Weekly Closing Price Open High Low Volume
16 Mon May 2022 310.25 321.65 321.65 304.65 0.089 times
13 Fri May 2022 322.95 326.60 335.20 305.05 0.234 times
06 Fri May 2022 325.10 362.55 377.90 317.00 1.252 times
29 Fri Apr 2022 362.20 362.90 366.75 354.45 0.562 times
22 Fri Apr 2022 364.25 347.40 390.00 347.40 10.863 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
16 Mon May 2022 310.25 362.55 377.90 304.65 0.369 times
29 Fri Apr 2022 362.20 360.30 390.00 326.00 1.919 times
31 Thu Mar 2022 349.80 278.95 354.80 261.70 0.657 times
28 Mon Feb 2022 285.75 310.90 315.15 254.95 0.412 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 12, 31, 44 Sell
MACD -5, 3Sell
Stochastics 11Sell
CCI -100Sell
RSI 46Sell
OBV -7286Sell
VWAP 332Sell
ADL 0Sell
ROC -14Sell
Force Index 0Sell

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 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 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 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 SELL. Signal strength is Strong and stock is gaining momentum.

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

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 coming down

CCI has generated a SELL signal for Steelcast in short term and SELL signal is strong!

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in positive zone. This is a BUY 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 331.66 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.

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Daily charts

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Daily chart

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