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)

Showing technical analysis as on 2022-05-17 View latest technical analysis

10 day averaged volume of Steelcast is 871

Date Daily Closing Price Open High Low Volume
17 Tue May 2022 318.85 312.25 324.00 312.25 0.134 times
16 Mon May 2022 310.25 321.65 321.65 304.65 0.166 times
13 Fri May 2022 322.95 311.85 322.95 311.85 0.263 times
12 Thu May 2022 305.05 318.10 323.00 305.05 0.047 times
11 Wed May 2022 320.00 321.85 323.50 320.00 0.634 times
10 Tue May 2022 324.60 327.55 331.95 324.60 0.569 times
09 Mon May 2022 330.85 326.60 335.20 324.25 0.352 times
06 Fri May 2022 325.10 320.10 341.75 319.20 0.927 times
05 Thu May 2022 335.80 346.80 349.90 329.75 2.352 times
04 Wed May 2022 333.40 360.10 360.10 317.00 4.527 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 321.4, but if it comes above 321.4, then a intra day buy could be more profitable.
If you take a sell trade below 321.4, then use 321.4 as stoploss and 295.2 as target. However if you take a buy trade in stock , then use 321.4 as stoploss and 343.33 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
Downside Target 315.15
Upside Target 324.00
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 307.67
Downside Intraday Target 296.48
Upside Intraday Target 327.02
Upside Intraday Target 335.18
Downside Intraday Target 315.83

Weekly technical analysis of Steelcast (Steelcast)

Date Weekly Closing Price Open High Low Volume
17 Tue May 2022 318.85 321.65 324.00 304.65 0.161 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
17 Tue May 2022 318.85 362.55 377.90 304.65 0.374 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, 28, 39 Sell
MACD -6, 1Sell
Stochastics 19Sell
CCI -50Buy
RSI 46Sell
OBV -7036Sell
VWAP 331Sell
ADL 0Sell
ROC -15Sell
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 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 losing 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 moving up

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

RSI is generating a SELL signal in short term but selling is losing 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 330.76 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