(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 2024-03-22 View latest technical analysis
10 day averaged volume of Salsteel is 20572
| Date | Daily Closing Price | Open | High | Low | Volume |
| 22 Fri Mar 2024 | 19.80 | 19.00 | 19.80 | 19.00 | 1.541 times |
| 21 Thu Mar 2024 | 18.86 | 18.00 | 18.88 | 17.16 | 1.079 times |
| 20 Wed Mar 2024 | 17.99 | 18.30 | 18.38 | 17.83 | 1.819 times |
| 19 Tue Mar 2024 | 18.76 | 20.32 | 20.32 | 18.42 | 1.18 times |
| 18 Mon Mar 2024 | 19.37 | 18.40 | 19.37 | 17.55 | 0.976 times |
| 15 Fri Mar 2024 | 18.45 | 18.52 | 18.52 | 18.15 | 1.479 times |
| 14 Thu Mar 2024 | 18.52 | 18.55 | 18.55 | 18.52 | 0.987 times |
| 13 Wed Mar 2024 | 18.89 | 19.20 | 19.20 | 18.89 | 0.402 times |
| 12 Tue Mar 2024 | 19.27 | 19.27 | 19.27 | 19.27 | 0.549 times |
| 11 Mon Mar 2024 | 19.66 | 19.70 | 19.70 | 19.66 | 0.417 times |
My analysis of stock is bearish for shortterm, and stock might move down till 18.7 or till 16.5. Use a stoploss of 20.47 and if the stock hits stoploss, then it can shoot up till 22.27
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 | 19.70 |
| 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 | 26.57 |
| Upside Target | 27.51 |
| Upside Target | 30.57 |
Intraday share price targets for Salsteel (Salsteel)
| Target Type | Value |
| Downside Intraday Target | 17.87 |
| Downside Intraday Target | 15.93 |
| Upside Intraday Target | 21.03 |
| Upside Intraday Target | 22.25 |
| Downside Intraday Target | 19.09 |
Weekly technical analysis of Salsteel (Salsteel)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 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 |
| 23 Fri Feb 2024 | 24.51 | 26.57 | 26.57 | 24.51 | 0.842 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 |
| 22 Fri Mar 2024 | 19.80 | 22.16 | 22.16 | 17.16 | 0.303 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 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 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 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 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. 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 18.85 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 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 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 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 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. 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 18.85 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 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.
Click here for Salsteel charts
Click here for further forecast and predictions for tomorrow