(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 2024-04-08 View latest technical analysis
10 day averaged volume of Salsteel is 23362
| Date | Daily Closing Price | Open | High | Low | Volume |
| 08 Mon Apr 2024 | 21.00 | 20.82 | 21.10 | 20.82 | 0.948 times |
| 05 Fri Apr 2024 | 21.20 | 21.05 | 21.27 | 21.05 | 0.576 times |
| 04 Thu Apr 2024 | 20.86 | 20.77 | 20.86 | 20.49 | 0.839 times |
| 03 Wed Apr 2024 | 20.90 | 20.65 | 20.94 | 20.65 | 0.258 times |
| 02 Tue Apr 2024 | 21.00 | 21.12 | 21.12 | 21.00 | 0.669 times |
| 01 Mon Apr 2024 | 21.12 | 20.71 | 21.12 | 20.71 | 1.088 times |
| 28 Thu Mar 2024 | 20.71 | 21.36 | 21.38 | 20.71 | 1.319 times |
| 27 Wed Mar 2024 | 21.80 | 21.26 | 21.82 | 21.26 | 2.164 times |
| 26 Tue Mar 2024 | 20.79 | 20.20 | 20.79 | 19.50 | 0.781 times |
| 22 Fri Mar 2024 | 19.80 | 19.00 | 19.80 | 19.00 | 1.357 times |
My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 21.1 as stoploss in an intra day sell trade for a target of 19.95. However, stock will show a bullish move above 21.1.
Share price targets for Salsteel (Salsteel)
| Target Type | Value |
| Downside Target | 17.16 |
| Downside Target | 17.76 |
| Downside Target | 18.15 |
| Downside Target | 19.50 |
| Downside Target | 20.32 |
| 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 | 20.85 |
| Downside Intraday Target | 20.69 |
| Upside Intraday Target | 21.13 |
| Upside Intraday Target | 21.25 |
| Downside Intraday Target | 20.97 |
Weekly technical analysis of Salsteel (Salsteel)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 08 Mon Apr 2024 | 21.00 | 20.82 | 21.10 | 20.82 | 0.276 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 |
| 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 |
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 |
| 08 Mon Apr 2024 | 21.00 | 20.71 | 21.27 | 20.49 | 0.239 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 up 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 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 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 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Salsteel in short term but SELL signal is weak.
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
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 20.97 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 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 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 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 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Salsteel in short term but SELL signal is weak.
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
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 20.97 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.
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