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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 2022-05-26 View latest technical analysis

10 day averaged volume of Steelcast is 337

Date Daily Closing Price Open High Low Volume
26 Thu May 2022 298.70 286.15 300.65 284.20 0.905 times
25 Wed May 2022 283.00 311.60 311.60 271.25 1.136 times
24 Tue May 2022 308.05 319.90 319.90 302.20 1.125 times
23 Mon May 2022 320.60 325.15 330.95 316.80 3.282 times
20 Fri May 2022 330.25 368.90 368.90 325.00 1.549 times
19 Thu May 2022 328.35 333.25 334.40 317.00 0.466 times
18 Wed May 2022 335.85 321.75 338.05 321.75 0.849 times
17 Tue May 2022 318.85 312.25 324.00 312.25 0.347 times
16 Mon May 2022 310.25 321.65 321.65 304.65 0.43 times
13 Fri May 2022 322.95 311.85 322.95 311.85 0.68 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 305.1, but if it comes above 305.1, then a intra day buy could be more profitable.
If you take a sell trade below 305.1, then use 305.1 as stoploss and 279.3 as target. However if you take a buy trade in stock , then use 305.1 as stoploss and 326.68 as target.

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 269.65
Downside Intraday Target 240.6
Upside Intraday Target 329.35
Upside Intraday Target 360
Upside Intraday Target 300.3

Weekly technical analysis of Steelcast (Steelcast)

Date Weekly Closing Price Open High Low Volume
26 Thu May 2022 298.70 325.15 330.95 271.25 1.771 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
26 Thu May 2022 298.70 362.55 377.90 271.25 0.507 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 19, 34, 28 Sell
MACD -13, -7Sell
Stochastics 16Sell
CCI -121Buy
RSI 44Sell
OBV -4456Sell
VWAP 316Sell
ADL 0Sell
ROC -2Sell
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 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

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 316.08 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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