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 2023-02-02 View latest technical analysis

10 day averaged volume of Steelcast is 2277

Date Daily Closing Price Open High Low Volume
02 Thu Feb 2023 509.75 488.10 511.90 483.15 2.094 times
01 Wed Feb 2023 494.15 482.95 508.00 461.90 0.406 times
31 Tue Jan 2023 470.60 462.30 475.05 459.00 0.23 times
30 Mon Jan 2023 458.90 481.40 481.40 457.30 0.633 times
27 Fri Jan 2023 469.05 501.35 501.35 458.65 1.023 times
25 Wed Jan 2023 490.40 492.40 498.00 482.00 0.817 times
24 Tue Jan 2023 492.35 505.15 524.35 489.10 2.879 times
23 Mon Jan 2023 484.15 482.90 489.95 472.05 0.96 times
20 Fri Jan 2023 486.70 471.55 496.00 465.25 1.565 times
19 Thu Jan 2023 469.75 459.60 476.10 455.00 0.771 times

Stock of Steelcast (Steelcast) has showed a significant upmove. This could be a good time to enter in this stock!

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 505.4, for a target of 490.2 or 477.59

Share price targets for Steelcast (Steelcast)

Target Type Value
Downside Target 410.00
Downside Target 431.95
Downside Target 450.30
Downside Target 479.90
Downside Target 496.95
Downside Target 499.85
Downside Target 505.00
Upside Target 511.90
Upside Target 524.35
Upside Target 560.70

Intraday share price targets for Steelcast (Steelcast)

Target Type Value
Downside Intraday Target 474.07
Downside Intraday Target 438.38
Upside Intraday Target 528.67
Upside Intraday Target 547.58
Downside Intraday Target 492.98

Weekly technical analysis of Steelcast (Steelcast)

Date Weekly Closing Price Open High Low Volume
02 Thu Feb 2023 509.75 481.40 511.90 457.30 0.592 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 up 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
02 Thu Feb 2023 509.75 482.95 511.90 461.90 0.13 times
31 Tue Jan 2023 470.60 463.35 524.35 450.30 0.475 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

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 29, 14, 36 Buy
MACD 8, 4Buy
Stochastics 53None
CCI 122Buy
RSI 59Buy
OBV -4059Sell
VWAP 488Buy
ADL 0Sell
ROC 11Buy
Force Index 0Sell

Price action analysis of Steelcast ( (Steelcast) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 to mid term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 Strong and stock is gaining momentum.

MACD generated a BUY signal for Steelcast in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Steelcast Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls 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 moving up

CCI has generated a buy signal for Steelcast in short term and BUY signal is strong.

RSI is generating a BUY signal in short term and the buying is gaining 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 488.08 and Steelcast (Steelcast) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 is giving positive 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