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(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)

10 day averaged volume of Salsteel is 10902

Date Daily Closing Price Open High Low Volume
09 Wed Apr 2025 17.99 17.76 18.48 17.76 0.652 times
08 Tue Apr 2025 18.12 17.40 18.25 17.40 0.427 times
04 Fri Apr 2025 18.54 18.62 18.62 18.08 0.348 times
02 Wed Apr 2025 18.59 18.17 19.00 18.17 0.591 times
01 Tue Apr 2025 18.49 17.02 19.00 17.02 0.485 times
28 Fri Mar 2025 17.45 17.70 18.22 17.20 1.884 times
26 Wed Mar 2025 18.31 18.66 19.22 17.69 1.986 times
25 Tue Mar 2025 18.92 19.98 19.98 18.81 1.463 times
24 Mon Mar 2025 19.49 18.51 19.80 18.51 0.678 times
21 Fri Mar 2025 19.25 19.00 19.70 18.98 0.658 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 18.1, but if it comes above 18.1, then a intra day buy could be more profitable.
If you take a sell trade below 18.1, then use 18.1 as stoploss and 17.3 as target. However if you take a buy trade in stock , then use 18.1 as stoploss and 18.7 as target.

Share price targets for Salsteel (Salsteel)

Target Type Value
Downside Target 16.00
Downside Target 17.02
Downside Target 17.96
Upside Target 18.48
Upside Target 19.70
Upside Target 19.98
Upside Target 20.60
Upside Target 20.70
Upside Target 22.22
Upside Target 23.50
Upside Target 24.66
Upside Target 26.95

Intraday share price targets for Salsteel (Salsteel)

Target Type Value
Downside Intraday Target 17.43
Downside Intraday Target 16.88
Upside Intraday Target 18.51
Upside Intraday Target 19.04
Downside Intraday Target 17.96

Weekly technical analysis of Salsteel (Salsteel)

Date Weekly Closing Price Open High Low Volume
09 Wed Apr 2025 17.99 17.40 18.48 17.40 0.758 times
04 Fri Apr 2025 18.54 17.02 19.00 17.02 0.237 times
28 Fri Mar 2025 17.45 18.51 19.98 17.20 1.268 times
21 Fri Mar 2025 19.25 18.58 19.70 18.00 1.001 times
13 Thu Mar 2025 18.61 20.60 20.60 18.10 0.669 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
09 Wed Apr 2025 17.99 17.02 19.00 17.02 0.111 times
28 Fri Mar 2025 17.45 18.58 20.70 16.00 0.426 times
28 Fri Feb 2025 18.33 20.84 24.66 17.96 2.122 times
31 Fri Jan 2025 20.37 22.71 23.50 18.70 0.997 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 sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 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 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 losing momentum.

MACD generated a BUY signal for Salsteel in short term but the buy signal is initial and weak.

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. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a buy signal for Salsteel in short term but BUY 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 18.39 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 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 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 losing momentum.

MACD generated a BUY signal for Salsteel in short term but the buy signal is initial and weak.

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. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a buy signal for Salsteel in short term but BUY 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 18.39 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.

Click here for Salsteel charts

Click here for further forecast and predictions for tomorrow

Daily charts

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