(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 40878
| Date | Daily Closing Price | Open | High | Low | Volume |
| 14 Wed May 2025 | 17.83 | 17.34 | 18.01 | 17.34 | 0.872 times |
| 13 Tue May 2025 | 17.27 | 17.85 | 18.08 | 16.80 | 4.539 times |
| 12 Mon May 2025 | 17.57 | 19.25 | 19.25 | 16.90 | 1.822 times |
| 09 Fri May 2025 | 17.32 | 16.26 | 17.98 | 16.26 | 0.459 times |
| 08 Thu May 2025 | 18.20 | 18.61 | 19.40 | 18.05 | 0.375 times |
| 07 Wed May 2025 | 18.93 | 19.10 | 19.40 | 18.63 | 0.477 times |
| 06 Tue May 2025 | 19.56 | 19.41 | 21.39 | 19.23 | 1.289 times |
| 05 Mon May 2025 | 18.91 | 19.04 | 19.08 | 18.69 | 0.033 times |
| 02 Fri May 2025 | 18.67 | 18.71 | 19.99 | 18.60 | 0.372 times |
| 30 Wed Apr 2025 | 19.29 | 19.67 | 21.10 | 18.89 | 0.432 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 18, but if it comes above 18, then a intra day buy could be more profitable.
If you take a sell trade below 18, then use 18 as stoploss and 16.9 as target. However if you take a buy trade in stock , then use 18 as stoploss and 18.92 as target.
Share price targets for Salsteel (Salsteel)
| Target Type | Value |
| Downside Target | 16.00 |
| Downside Target | 16.80 |
| Upside Target | 17.96 |
| Upside Target | 18.52 |
| Upside Target | 19.25 |
| Upside Target | 19.75 |
| Upside Target | 20.70 |
| Upside Target | 21.39 |
| Upside Target | 22.34 |
| Upside Target | 22.49 |
| Upside Target | 23.50 |
| Upside Target | 24.66 |
Intraday share price targets for Salsteel (Salsteel)
| Target Type | Value |
| Downside Intraday Target | 16.67 |
| Downside Intraday Target | 15.51 |
| Upside Intraday Target | 19.12 |
| Upside Intraday Target | 20.41 |
| Upside Intraday Target | 17.96 |
Weekly technical analysis of Salsteel (Salsteel)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 14 Wed May 2025 | 17.83 | 19.25 | 19.25 | 16.80 | 2.748 times |
| 09 Fri May 2025 | 17.32 | 19.04 | 21.39 | 16.26 | 2.473 times |
| 02 Fri May 2025 | 18.67 | 19.76 | 22.49 | 18.60 | 0.416 times |
| 25 Fri Apr 2025 | 19.52 | 21.00 | 22.34 | 18.52 | 1.485 times |
| 17 Thu Apr 2025 | 19.44 | 18.51 | 19.75 | 18.02 | 5.697 times |
Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Salsteel (Salsteel)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 14 Wed May 2025 | 17.83 | 18.71 | 21.39 | 16.26 | 1.811 times |
| 30 Wed Apr 2025 | 19.29 | 17.02 | 22.49 | 17.02 | 0.939 times |
| 28 Fri Mar 2025 | 17.45 | 18.58 | 20.70 | 16.00 | 0.426 times |
| 28 Fri Feb 2025 | 18.33 | 20.84 | 24.66 | 17.96 | 2.122 times |
Scroll below to view daily charts
Price has moved down this month, and volume has increased substantially. This means that the move can 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 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 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 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this 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 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 moving up
CCI has generated a buy signal for Salsteel in short term but BUY signal is weak.
RSI is generating a SELL signal in short term but selling is losing 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 17.89 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 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 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 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this 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 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 moving up
CCI has generated a buy signal for Salsteel in short term but BUY signal is weak.
RSI is generating a SELL signal in short term but selling is losing 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 17.89 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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