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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 2023-01-30 View latest technical analysis

10 day averaged volume of Steelcast is 2588

Date Daily Closing Price Open High Low Volume
30 Mon Jan 2023 458.90 481.40 481.40 457.30 0.557 times
27 Fri Jan 2023 469.05 501.35 501.35 458.65 0.9 times
25 Wed Jan 2023 490.40 492.40 498.00 482.00 0.719 times
24 Tue Jan 2023 492.35 505.15 524.35 489.10 2.533 times
23 Mon Jan 2023 484.15 482.90 489.95 472.05 0.844 times
20 Fri Jan 2023 486.70 471.55 496.00 465.25 1.377 times
19 Thu Jan 2023 469.75 459.60 476.10 455.00 0.679 times
18 Wed Jan 2023 460.00 471.20 471.30 456.05 0.629 times
17 Tue Jan 2023 471.00 469.05 473.50 468.50 0.466 times
16 Mon Jan 2023 465.00 496.95 496.95 462.50 0.454 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 465.2, but if it comes above 465.2, then a intra day buy could be more profitable.
If you take a sell trade below 465.2, then use 465.2 as stoploss and 451.8 as target. However if you take a buy trade in stock , then use 465.2 as stoploss and 476.35 as target.

Share price targets for Steelcast (Steelcast)

Target Type Value
Downside Target 410.00
Downside Target 431.95
Downside Target 450.30
Upside Target 479.90
Upside Target 481.40
Upside Target 484.90
Upside Target 496.95
Upside Target 499.85
Upside Target 505.00
Upside Target 524.35
Upside Target 560.70

Intraday share price targets for Steelcast (Steelcast)

Target Type Value
Downside Intraday Target 450.33
Downside Intraday Target 441.77
Upside Intraday Target 474.43
Upside Intraday Target 489.97
Upside Intraday Target 465.87

Weekly technical analysis of Steelcast (Steelcast)

Date Weekly Closing Price Open High Low Volume
30 Mon Jan 2023 458.90 481.40 481.40 457.30 0.111 times
27 Fri Jan 2023 469.05 482.90 524.35 458.65 1.386 times
20 Fri Jan 2023 486.70 496.95 496.95 455.00 1.409 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

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
30 Mon Jan 2023 458.90 463.35 524.35 450.30 0.469 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 24, 20, 9 Buy
MACD 2, 4Sell
Stochastics 26Sell
CCI -82Sell
RSI 57Buy
OBV -3692Sell
VWAP 480Sell
ADL 0Sell
ROC -2Sell
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 trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Steelcast ( (Steelcast) ) based on a short to mid term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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 BUY. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Steelcast in short term but the sell signal is initial and weak.

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

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 479.93 and Steelcast (Steelcast) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.

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

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Daily charts

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Daily chart

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