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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 2022-05-25 View latest technical analysis

10 day averaged volume of Steelcast is 353

Date Daily Closing Price Open High Low Volume
25 Wed May 2022 283.00 311.60 311.60 271.25 1.085 times
24 Tue May 2022 308.05 319.90 319.90 302.20 1.074 times
23 Mon May 2022 320.60 325.15 330.95 316.80 3.133 times
20 Fri May 2022 330.25 368.90 368.90 325.00 1.479 times
19 Thu May 2022 328.35 333.25 334.40 317.00 0.445 times
18 Wed May 2022 335.85 321.75 338.05 321.75 0.81 times
17 Tue May 2022 318.85 312.25 324.00 312.25 0.331 times
16 Mon May 2022 310.25 321.65 321.65 304.65 0.411 times
13 Fri May 2022 322.95 311.85 322.95 311.85 0.649 times
12 Thu May 2022 305.05 318.10 323.00 305.05 0.116 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 281.7, for a target of 308 or 329.9

Share price targets for Steelcast (Steelcast)

Target Type Value
Downside Target 254.95
Downside Target 261.70
Downside Target 271.25
Upside Target 304.65
Upside Target 315.15
Upside Target 326.00
Upside Target 354.45
Upside Target 354.80
Upside Target 366.75
Upside Target 368.90
Upside Target 377.90
Upside Target 390.00

Intraday share price targets for Steelcast (Steelcast)

Target Type Value
Downside Intraday Target 259.18
Downside Intraday Target 235.37
Upside Intraday Target 318.88
Upside Intraday Target 354.77
Upside Intraday Target 295.07

Weekly technical analysis of Steelcast (Steelcast)

Date Weekly Closing Price Open High Low Volume
25 Wed May 2022 283.00 325.15 330.95 271.25 1.522 times
20 Fri May 2022 330.25 321.65 368.90 304.65 0.755 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

Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Steelcast (Steelcast)

Date Monthly Closing Price Open High Low Volume
25 Wed May 2022 283.00 362.55 377.90 271.25 0.494 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 21, 37, 28 Sell
MACD -11, -5Sell
Stochastics 15Sell
CCI -194Sell
RSI 42Sell
OBV -4927Sell
VWAP 318Sell
ADL 0Sell
ROC -12Sell
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 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 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 getting stronger in this stock.

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 317.53 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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