(Salsteel) Salsteel complete technical analysis [charts+indicators] | Buy/Sell Salsteel | (Salsteel) share price targets
Complete technical analysis of Salsteel (Salsteel) by charts plus indicators, forecast predictions and share price targets for Salsteel (Salsteel)
10 day averaged volume of Salsteel is 13234
| Date | Daily Closing Price | Open | High | Low | Volume |
| 18 Thu Apr 2024 | 19.00 | 18.80 | 19.10 | 18.80 | 1.239 times |
| 16 Tue Apr 2024 | 19.10 | 19.06 | 19.10 | 19.06 | 0.675 times |
| 15 Mon Apr 2024 | 19.39 | 19.40 | 19.45 | 19.39 | 1.196 times |
| 12 Fri Apr 2024 | 19.77 | 19.77 | 19.77 | 19.77 | 1.53 times |
| 10 Wed Apr 2024 | 20.17 | 20.17 | 20.17 | 20.17 | 0.397 times |
| 09 Tue Apr 2024 | 20.58 | 20.58 | 20.58 | 20.58 | 0.395 times |
| 08 Mon Apr 2024 | 21.00 | 20.82 | 21.10 | 20.82 | 1.674 times |
| 05 Fri Apr 2024 | 21.20 | 21.05 | 21.27 | 21.05 | 1.016 times |
| 04 Thu Apr 2024 | 20.86 | 20.77 | 20.86 | 20.49 | 1.481 times |
| 03 Wed Apr 2024 | 20.90 | 20.65 | 20.94 | 20.65 | 0.455 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 19.1, but if it comes above 19.1, then a intra day buy could be more profitable.
If you take a sell trade below 19.1, then use 19.1 as stoploss and 17.9 as target. However if you take a buy trade in stock , then use 19.1 as stoploss and 20.11 as target.
Share price targets for Salsteel (Salsteel)
| Target Type | Value |
| Downside Target | 17.16 |
| Downside Target | 17.76 |
| Downside Target | 18.80 |
| Upside Target | 19.45 |
| Upside Target | 20.32 |
| Upside Target | 21.10 |
| Upside Target | 21.82 |
| Upside Target | 22.16 |
| Upside Target | 22.61 |
| Upside Target | 23.15 |
| Upside Target | 26.50 |
| Upside Target | 27.51 |
| Upside Target | 30.57 |
Intraday share price targets for Salsteel (Salsteel)
| Target Type | Value |
| Downside Intraday Target | 18.72 |
| Downside Intraday Target | 18.43 |
| Upside Intraday Target | 19.37 |
| Upside Intraday Target | 19.73 |
| Upside Intraday Target | 19.08 |
Weekly technical analysis of Salsteel (Salsteel)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 18 Thu Apr 2024 | 19.00 | 19.40 | 19.45 | 18.80 | 0.778 times |
| 12 Fri Apr 2024 | 19.77 | 20.82 | 21.10 | 19.77 | 0.66 times |
| 05 Fri Apr 2024 | 21.20 | 20.71 | 21.27 | 20.49 | 0.804 times |
| 28 Thu Mar 2024 | 20.71 | 20.20 | 21.82 | 19.50 | 0.734 times |
| 22 Fri Mar 2024 | 19.80 | 18.40 | 20.32 | 17.16 | 1.72 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 Salsteel (Salsteel)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 18 Thu Apr 2024 | 19.00 | 20.71 | 21.27 | 18.80 | 0.407 times |
| 28 Thu Mar 2024 | 20.71 | 22.16 | 22.16 | 17.16 | 0.395 times |
| 29 Thu Feb 2024 | 22.61 | 25.35 | 30.57 | 22.61 | 0.951 times |
| 31 Wed Jan 2024 | 24.95 | 24.15 | 26.50 | 23.15 | 0.251 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 Salsteel (Salsteel)
Price action analysis of Salsteel ( (Salsteel) ) 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 Salsteel ( (Salsteel) ) 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 Salsteel ( (Salsteel) ) based on a short to mid term time period is neutral. A longer time frame might give a better analysis.
Price action analysis of Salsteel ( (Salsteel) ) 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 Salsteel stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Salsteel in short term and the sell signal is strong.
Salsteel 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 below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Salsteel in short term and SELL 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 Salsteel is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 20.19 and Salsteel (Salsteel) 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 Salsteel (Salsteel) stock. Volume based technical analysis of Salsteel (Salsteel) stock is negative.
Salsteel 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.
Price action analysis of Salsteel ( (Salsteel) ) 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 Salsteel ( (Salsteel) ) 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 Salsteel ( (Salsteel) ) based on a short to mid term time period is neutral. A longer time frame might give a better analysis.
Price action analysis of Salsteel ( (Salsteel) ) 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 Salsteel stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Salsteel in short term and the sell signal is strong.
Salsteel 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 below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Salsteel in short term and SELL 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 Salsteel is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 20.19 and Salsteel (Salsteel) 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 Salsteel (Salsteel) stock. Volume based technical analysis of Salsteel (Salsteel) stock is negative.
Salsteel 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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