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)

Showing technical analysis as on 2024-12-09 View latest technical analysis

10 day averaged volume of Salsteel is 18095

Date Daily Closing Price Open High Low Volume
09 Mon Dec 2024 25.48 25.00 25.73 25.00 1.528 times
06 Fri Dec 2024 25.16 26.60 26.60 24.81 3.532 times
05 Thu Dec 2024 26.18 26.44 26.95 25.69 0.614 times
04 Wed Dec 2024 25.93 26.26 26.38 25.20 1.129 times
03 Tue Dec 2024 25.36 23.40 25.99 23.40 0.924 times
02 Mon Dec 2024 23.88 24.00 24.60 23.73 0.228 times
29 Fri Nov 2024 24.18 25.89 25.89 24.12 0.339 times
28 Thu Nov 2024 24.21 24.12 24.78 24.11 0.333 times
27 Wed Nov 2024 24.37 24.01 25.06 24.01 0.262 times
26 Tue Nov 2024 24.41 25.13 25.13 24.18 1.721 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 25.9 as stoploss in an intra day sell trade for a target of 25.01. However, stock will show a bullish move above 25.9.

Share price targets for Salsteel (Salsteel)

Target Type Value
Downside Target 18.05
Downside Target 21.55
Downside Target 23.40
Downside Target 25.00
Upside Target 25.67
Upside Target 25.89
Upside Target 26.95
Upside Target 27.98
Upside Target 29.00
Upside Target 29.95
Upside Target 31.17

Intraday share price targets for Salsteel (Salsteel)

Target Type Value
Downside Intraday Target 25.08
Downside Intraday Target 24.67
Upside Intraday Target 25.81
Upside Intraday Target 26.13
Downside Intraday Target 25.4

Weekly technical analysis of Salsteel (Salsteel)

Date Weekly Closing Price Open High Low Volume
09 Mon Dec 2024 25.48 25.00 25.73 25.00 0.238 times
06 Fri Dec 2024 25.16 24.00 26.95 23.40 1.798 times
29 Fri Nov 2024 24.18 24.01 25.89 24.01 1.055 times
22 Fri Nov 2024 24.15 24.75 25.67 23.55 0.632 times
14 Thu Nov 2024 24.26 26.21 27.98 23.89 0.875 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
09 Mon Dec 2024 25.48 24.00 26.95 23.40 0.42 times
29 Fri Nov 2024 24.18 25.00 29.00 23.55 0.542 times
31 Thu Oct 2024 25.10 27.80 29.95 24.17 0.402 times
30 Mon Sep 2024 27.48 23.50 31.17 21.55 1.738 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

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 neutral. A longer time frame might give a better analysis.

ADX buy sell signal for Salsteel stock for short term is BUY. 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 tired and bears 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 SELL signal for Salsteel in short term but SELL signal is weak.

RSI is generating a BUY signal in short term but buying 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 25.13 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 positive

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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

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 neutral. A longer time frame might give a better analysis.

ADX buy sell signal for Salsteel stock for short term is BUY. 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 tired and bears 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 SELL signal for Salsteel in short term but SELL signal is weak.

RSI is generating a BUY signal in short term but buying 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 25.13 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 positive

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