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 2023-01-18 View latest technical analysis

10 day averaged volume of Steelcast is 1783

Date Daily Closing Price Open High Low Volume
18 Wed Jan 2023 460.00 471.20 471.30 456.05 0.913 times
17 Tue Jan 2023 471.00 469.05 473.50 468.50 0.677 times
16 Mon Jan 2023 465.00 496.95 496.95 462.50 0.659 times
13 Fri Jan 2023 469.55 469.20 480.20 458.95 2.034 times
12 Thu Jan 2023 479.60 480.00 480.05 471.95 0.834 times
11 Wed Jan 2023 479.95 474.75 479.95 472.15 0.054 times
10 Tue Jan 2023 473.15 475.55 475.55 468.25 0.089 times
09 Mon Jan 2023 479.35 478.90 484.90 467.10 0.703 times
06 Fri Jan 2023 463.75 480.10 483.75 460.80 2.24 times
05 Thu Jan 2023 484.70 483.35 498.45 479.40 1.8 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 455.2 as stoploss in an intra day buy trade for a target of 468.72. However, stock will show a bearish move below 455.2.

Share price targets for Steelcast (Steelcast)

Target Type Value
Downside Target 410.00
Downside Target 431.95
Downside Target 449.50
Upside Target 479.90
Upside Target 484.90
Upside Target 496.95
Upside Target 499.85
Upside Target 505.00
Upside Target 560.70

Intraday share price targets for Steelcast (Steelcast)

Target Type Value
Downside Intraday Target 445.05
Downside Intraday Target 430.1
Upside Intraday Target 485.95
Upside Intraday Target 511.9
Upside Intraday Target 471

Weekly technical analysis of Steelcast (Steelcast)

Date Weekly Closing Price Open High Low Volume
18 Wed Jan 2023 460.00 496.95 496.95 456.05 0.605 times
13 Fri Jan 2023 469.55 478.90 484.90 458.95 0.515 times
06 Fri Jan 2023 463.75 463.35 505.00 450.30 0.863 times
30 Fri Dec 2022 454.25 455.95 475.10 431.95 0.659 times
23 Fri Dec 2022 458.10 536.65 560.70 449.50 0.591 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
18 Wed Jan 2023 460.00 463.35 505.00 450.30 0.255 times
30 Fri Dec 2022 454.25 441.95 560.70 431.95 3.075 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

Scroll below to view daily charts

Price has moved up 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 20, 22, 4 Sell
MACD -0, 3Sell
Stochastics 16Sell
CCI -155Sell
RSI 58Buy
OBV -34312Sell
VWAP 472Sell
ADL 0Sell
ROC -7Sell
Force Index 0Sell

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 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 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 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 Weak 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 getting stronger in this stock.

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 and SELL signal is strong!

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 471.52 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 positive

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