(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 2024-12-18 View latest technical analysis
10 day averaged volume of Salsteel is 19069
| Date | Daily Closing Price | Open | High | Low | Volume |
| 18 Wed Dec 2024 | 24.35 | 24.15 | 24.59 | 24.00 | 0.84 times |
| 17 Tue Dec 2024 | 24.20 | 24.22 | 24.80 | 24.09 | 0.298 times |
| 16 Mon Dec 2024 | 24.68 | 24.60 | 25.50 | 24.60 | 0.227 times |
| 13 Fri Dec 2024 | 25.04 | 25.98 | 25.98 | 24.53 | 0.593 times |
| 12 Thu Dec 2024 | 25.87 | 26.30 | 26.40 | 25.47 | 0.25 times |
| 11 Wed Dec 2024 | 25.91 | 24.79 | 26.60 | 24.79 | 1.728 times |
| 10 Tue Dec 2024 | 25.41 | 24.00 | 25.96 | 24.00 | 0.448 times |
| 09 Mon Dec 2024 | 25.48 | 25.00 | 25.73 | 25.00 | 1.45 times |
| 06 Fri Dec 2024 | 25.16 | 26.60 | 26.60 | 24.81 | 3.352 times |
| 05 Thu Dec 2024 | 26.18 | 26.44 | 26.95 | 25.69 | 0.582 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 24.2 as stoploss in an intra day buy trade for a target of 24.88. However, stock will show a bearish move below 24.2.
Share price targets for Salsteel (Salsteel)
| Target Type | Value |
| Downside Target | 18.05 |
| Downside Target | 21.55 |
| Downside Target | 23.40 |
| Upside Target | 25.50 |
| Upside Target | 25.79 |
| Upside Target | 25.89 |
| Upside Target | 26.60 |
| Upside Target | 26.95 |
| 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 | 23.73 |
| Downside Intraday Target | 23.12 |
| Upside Intraday Target | 25.23 |
| Upside Intraday Target | 26.12 |
| Upside Intraday Target | 24.62 |
Weekly technical analysis of Salsteel (Salsteel)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 18 Wed Dec 2024 | 24.35 | 24.60 | 25.50 | 24.00 | 0.305 times |
| 13 Fri Dec 2024 | 25.04 | 25.00 | 26.60 | 24.00 | 0.733 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 |
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 |
| 18 Wed Dec 2024 | 24.35 | 24.00 | 26.95 | 23.40 | 0.664 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 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 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 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 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 getting stronger in this stock.
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 and SELL signal is strong!
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 25.31 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 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 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 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 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 getting stronger in this stock.
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 and SELL signal is strong!
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 25.31 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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