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

(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 22419

Date Daily Closing Price Open High Low Volume
27 Wed Mar 2024 21.80 21.26 21.82 21.26 2.255 times
26 Tue Mar 2024 20.79 20.20 20.79 19.50 0.814 times
22 Fri Mar 2024 19.80 19.00 19.80 19.00 1.414 times
21 Thu Mar 2024 18.86 18.00 18.88 17.16 0.99 times
20 Wed Mar 2024 17.99 18.30 18.38 17.83 1.669 times
19 Tue Mar 2024 18.76 20.32 20.32 18.42 1.083 times
18 Mon Mar 2024 19.37 18.40 19.37 17.55 0.896 times
15 Fri Mar 2024 18.45 18.52 18.52 18.15 1.357 times
14 Thu Mar 2024 18.52 18.55 18.55 18.52 0.906 times
13 Wed Mar 2024 18.89 19.20 19.20 18.89 0.368 times

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

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 21.7, but if it comes below 21.7, then a intra day sell could be more profitable.
If you take a sell trade below 21.7, then use 21.7 as stoploss and 20.22 as target. However if you take a buy trade in stock , then use 21.7 as stoploss and 23.5 as target.

Share price targets for Salsteel (Salsteel)

Target Type Value
Downside Target 14.00
Downside Target 17.16
Downside Target 17.76
Downside Target 18.15
Downside Target 19.50
Downside Target 21.29
Downside Target 21.72
Upside Target 22.61
Upside Target 23.15
Upside Target 24.02
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 20.26
Downside Intraday Target 18.72
Upside Intraday Target 22.58
Upside Intraday Target 23.36
Downside Intraday Target 21.04

Weekly technical analysis of Salsteel (Salsteel)

Date Weekly Closing Price Open High Low Volume
27 Wed Mar 2024 21.80 20.20 21.82 19.50 0.507 times
22 Fri Mar 2024 19.80 18.40 20.32 17.16 1.72 times
15 Fri Mar 2024 18.45 19.70 19.70 18.15 0.958 times
07 Thu Mar 2024 20.06 21.29 21.29 20.06 0.831 times
02 Sat Mar 2024 21.72 24.02 24.02 21.72 3.357 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
27 Wed Mar 2024 21.80 22.16 22.16 17.16 0.367 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
29 Fri Dec 2023 24.38 19.10 27.51 17.76 2.768 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 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 Salsteel ( (Salsteel) ) 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 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 BUY. Signal strength is Weak and stock is gaining 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! 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 Salsteel 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

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 19.5 and Salsteel (Salsteel) 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 Salsteel (Salsteel) stock. Volume based technical analysis of Salsteel (Salsteel) stock is negative.

Salsteel Stock is giving positive 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 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 Salsteel ( (Salsteel) ) 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 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 BUY. Signal strength is Weak and stock is gaining 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! 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 Salsteel 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

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 19.5 and Salsteel (Salsteel) 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 Salsteel (Salsteel) stock. Volume based technical analysis of Salsteel (Salsteel) stock is negative.

Salsteel Stock is giving positive 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 Salsteel 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
Back to top | Use Dark Theme