(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 13609
| Date | Daily Closing Price | Open | High | Low | Volume |
| 26 Fri Apr 2024 | 19.50 | 19.50 | 19.50 | 19.50 | 0.341 times |
| 25 Thu Apr 2024 | 19.12 | 18.85 | 19.12 | 18.85 | 1.571 times |
| 24 Wed Apr 2024 | 18.75 | 18.70 | 18.75 | 18.45 | 0.8 times |
| 23 Tue Apr 2024 | 18.70 | 18.88 | 18.88 | 18.52 | 1.308 times |
| 22 Mon Apr 2024 | 18.51 | 18.65 | 18.65 | 18.51 | 1.054 times |
| 19 Fri Apr 2024 | 18.71 | 19.00 | 19.00 | 18.70 | 0.369 times |
| 18 Thu Apr 2024 | 19.00 | 18.80 | 19.10 | 18.80 | 1.204 times |
| 16 Tue Apr 2024 | 19.10 | 19.06 | 19.10 | 19.06 | 0.656 times |
| 15 Mon Apr 2024 | 19.39 | 19.40 | 19.45 | 19.39 | 1.163 times |
| 12 Fri Apr 2024 | 19.77 | 19.77 | 19.77 | 19.77 | 1.487 times |
My analysis of stock is bearish for shortterm, and stock might move down till 19 or till 17.7. Use a stoploss of 19.99 and if the stock hits stoploss, then it can shoot up till 21.01
Share price targets for Salsteel (Salsteel)
| Target Type | Value |
| Downside Target | 17.16 |
| Downside Target | 17.76 |
| Downside Target | 18.45 |
| Downside Target | 19.45 |
| Upside Target | 20.49 |
| 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 | 18.8 |
| Downside Intraday Target | 18.1 |
| Upside Intraday Target | 19.85 |
| Upside Intraday Target | 20.2 |
| Downside Intraday Target | 19.15 |
Weekly technical analysis of Salsteel (Salsteel)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 26 Fri Apr 2024 | 19.50 | 18.65 | 19.50 | 18.45 | 1.496 times |
| 19 Fri Apr 2024 | 18.71 | 19.40 | 19.45 | 18.70 | 0.873 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 |
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 Salsteel (Salsteel)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 26 Fri Apr 2024 | 19.50 | 20.71 | 21.27 | 18.45 | 0.58 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 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 Salsteel ( (Salsteel) ) 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 Salsteel ( (Salsteel) ) 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 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 Weak and stock is losing momentum.
MACD generated a BUY signal for Salsteel in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Salsteel 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. 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 moving up
CCI has generated a buy signal for Salsteel in short term and BUY 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 Salsteel is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 19.08 and Salsteel (Salsteel) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 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 Salsteel ( (Salsteel) ) 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 Salsteel ( (Salsteel) ) 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 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 Weak and stock is losing momentum.
MACD generated a BUY signal for Salsteel in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Salsteel 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. 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 moving up
CCI has generated a buy signal for Salsteel in short term and BUY 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 Salsteel is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 19.08 and Salsteel (Salsteel) stock is trading above this level. This is a good sign for the stock and it could move higher. 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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