(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)
Showing technical analysis as on 2024-03-11 View latest technical analysis
10 day averaged volume of Salsteel is 18127
| Date | Daily Closing Price | Open | High | Low | Volume |
| 11 Mon Mar 2024 | 19.66 | 19.70 | 19.70 | 19.66 | 0.473 times |
| 07 Thu Mar 2024 | 20.06 | 20.07 | 20.11 | 20.06 | 1.263 times |
| 06 Wed Mar 2024 | 20.46 | 20.46 | 20.46 | 20.46 | 0.711 times |
| 05 Tue Mar 2024 | 20.87 | 20.87 | 20.87 | 20.87 | 1.503 times |
| 04 Mon Mar 2024 | 21.29 | 21.29 | 21.29 | 21.29 | 1.064 times |
| 02 Sat Mar 2024 | 21.72 | 21.72 | 21.72 | 21.72 | 0.051 times |
| 01 Fri Mar 2024 | 22.16 | 22.16 | 22.16 | 22.16 | 1.685 times |
| 29 Thu Feb 2024 | 22.61 | 22.61 | 22.61 | 22.61 | 0.681 times |
| 28 Wed Feb 2024 | 23.07 | 23.07 | 23.07 | 23.07 | 1.716 times |
| 27 Tue Feb 2024 | 23.54 | 23.54 | 23.54 | 23.54 | 0.806 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 21.2, but if it comes above 21.2, then a intra day buy could be more profitable.
If you take a sell trade below 21.2, then use 21.2 as stoploss and 17.8 as target. However if you take a buy trade in stock , then use 21.2 as stoploss and 23.94 as target.
Share price targets for Salsteel (Salsteel)
| Target Type | Value |
| Downside Target | 14.00 |
| Downside Target | 17.76 |
| Downside Target | 19.66 |
| Upside Target | 20.57 |
| Upside Target | 21.29 |
| Upside Target | 21.72 |
| Upside Target | 22.16 |
| Upside Target | 22.61 |
| Upside Target | 23.15 |
| Upside Target | 24.02 |
| Upside Target | 24.51 |
| Upside Target | 26.50 |
| Upside Target | 27.11 |
| Upside Target | 27.51 |
| Upside Target | 29.37 |
| Upside Target | 30.57 |
Intraday share price targets for Salsteel (Salsteel)
| Target Type | Value |
| Downside Intraday Target | 19.65 |
| Downside Intraday Target | 19.63 |
| Upside Intraday Target | 19.69 |
| Upside Intraday Target | 19.71 |
| Upside Intraday Target | 19.67 |
Weekly technical analysis of Salsteel (Salsteel)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 11 Mon Mar 2024 | 19.66 | 19.70 | 19.70 | 19.66 | 0.104 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 |
| 23 Fri Feb 2024 | 24.51 | 26.57 | 26.57 | 24.51 | 0.842 times |
| 16 Fri Feb 2024 | 27.11 | 29.37 | 29.37 | 27.11 | 0.04 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 |
| 11 Mon Mar 2024 | 19.66 | 22.16 | 22.16 | 19.66 | 0.113 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 neutral. A longer time frame might give a better analysis.
Price action analysis of Salsteel ( (Salsteel) ) based on a short term time period is neutral. A longer time frame might give a better analysis.
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
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 21.66 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 neutral. A longer time frame might give a better analysis.
Price action analysis of Salsteel ( (Salsteel) ) based on a short term time period is neutral. A longer time frame might give a better analysis.
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
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 21.66 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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